Following the COVID-19 vaccine exchange with Britain, Australia’s Prime Minister has called for a faster reopening!
Prime Minister Scott Morrison announced on Friday that Australia had already managed to secure 4 million doses of Pfizer COVID-19 vaccines in some kind of a swap agreement with the United Kingdom, as he tries to persuade states and territories to stick to a national COVID-19 reopening plan. According to Morrison, the additional doses are […]
UK aims to start trade talks with India this year
The United Kingdom said on Tuesday it aims to start negotiations for a trade agreement with India by the end of the year.
Australia lowers bar on public companies’ disclosures, extends virtual AGMs
Australia on Tuesday eased so-called continuous disclosure laws for publicly listed companies, which will now protect companies and their officers against liabilities for misleading and deceptive statements or forecasts unless “fault” is proven.
Santander profit beats forecasts on strong UK, U.S. performance
Spain’s Santander (SAN.MC) beat forecasts with a 35% jump in second-quarter underlying profit on the back of lower loan loss provisions, strong U.S. consumer business and a rise in mortgage lending in the UK market.
Innovate UK funds Glasgow University and eCom Scotland joint project
The digital learning and assessment specialist, eCom Scotland is collaborating with the University of Glasgow in a six-month project, funded by Innovate UK.
EXCLUSIVE Gambling firm Entain to double investment in game studios
British gambling firm Entain (ENT.L) is doubling investment in its game development studios, as it steps up its focus on online betting after closing hundreds of high street betting shops.
Big Bang UK market rules need refresh to keep City competitive, says think tank
Britain’s “big bang”-era financial rules need a refresh to show the world that the City of London is open to business after Brexit ended access to the European Union, a think-tank report said on Thursday.
Empathy bootcamp? UK banks seek payback on $105 bln COVID loans
As payback time approaches for more than 75 billion pounds ($104 billion) of emergency state-backed loans, Britain’s banks must tread a delicate path with businesses propped up during the pandemic.
130 countries support a global tax reform
Authorities representing 130 nations reportedly agreed to reform the global tax system so that large corporations “pay a fair share” everywhere they operate. The taxation of large IT companies has been a subject of contention between the US and other countries. The ideas, according to the Organisation for Economic Co-operation and Development (OECD), may raise […]
Housing prices are rising at a faster rate than they have in the preceding 17 years
According to Nationwide chief economist Robert Gardner, housing values remain “close to a record high” in relation to normal incomes, which “makes it even difficult” for first-time buyers to find their dream home. House prices in the United Kingdom grew 13.4% year over year, according to Nationwide. In a BBC interview, he discussed how the […]
