Press play to listen to this article LONDON — As Liz Truss gets down to work as Britain’s new prime minister, she faces an immediate problem. Half the British workforce appears to be going on strike. Across the country, rail workers, barristers, dockhands, bus drivers, garbage collectors, Amazon employees, and …
Read More »Misr Clearing signs agreement with Saudi Clearing
Egypt – Misr Central Clearing, Depository, and Registry signed a memorandum of understanding (MoU) with the Saudi Securities Clearing Centre (Muqassa) to bolster relations and enhance economic cooperation between the two countries. The agreement aims to foster the exchange of experiences and information in the field of securities clearing to …
Read More »‘Real potential’ for multi-employer CDC schemes in UK
There is “real potential” for collective defined contribution (CDC) schemes to take off in the UK through master trusts, according to Willis Towers Watson (WTW) director and senior consulting actuary, Shriti Jadav. Speaking at the Trades Union Conference (TUC) Pensions Conference, Jadav commented that while CDC schemes were likely to …
Read More »Glasgow restaurant trials curry drone delivery service
18th March, 2021 by Phoebe French Glasgow restaurant Shish Mahal is giving a new meaning to curry in a hurry, having trialled delivery drones which can travel at 50mph. Speaking to STV News, owner of the restaurant Asif Ali explained that he had teamed up with drone pilot John Crawford …
Read More »Brexit tensions weigh on Europe, tech stocks slide
* UK ramps up no-deal preparations as EU trade talks stall * German exports rise in July but remain below pre-crisis levels * Technology leads sectoral declines, defensives rise * French electricity giant EDF sinks as output falls Sept 8 (Reuters) – European shares fell on Tuesday on fears that …
Read More »Tide appoints Sir Donald Brydon as non-executive chairman
Tide, the UK’s leading business banking platform has today1 announced the appointment of Sir Donald Brydon as its new independent Non-Executive Chair. Sir Donald Brydon is Tide’s first independent chair. He brings significant Board experience, including the Chairmanships of leading listed companies such as the Sage Group, the …
Read More »Week ahead: UK data, US-China trade deal in focus
At home, foreign trade data for November are scheduled to be published on Monday, followed by readings on consumer prices and retail sales in December set to follow on Wednesday and Friday, respectively. Investors will be scrutinising those reports for further signs of weakness which might cement expectations in financial …
Read More »Pound and U.K. stocks fall as Boris Johnson ramps up hard Brexit fears
The pound and U.K.-exposed stocks fell on Wednesday as renewed fears of a hard Brexit spooked investors. The FTSE 100 UKX, +0.21% made slight gains but the …
Read More »European stocks dip on China concerns
Reuters A Royal Mail postal worker stands in the yard of a sorting office in Altrincham, Britain. European stocks dropped on Thursday on concern the U.S. and China won’t imminently strike a trade deal. The Stoxx Europe 600 …
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