The English Heritage unveiled blue plaque on the wall of Schomberg House on Pall Mall, London to commemorate the residence of Quobna Ottonah Cugoano, the author and campaigner in 1787 wrote one of the first exposes by an African of slave trading, criticising continued tolerance of horrors of the slave trade by the British Government…
While Covid-19 lockdown is going on there is a boom in London’s takeovers as a £7bn bid for insurance giant RSA was followed by deals in property, food and tech sectors, which drove up shares in Aviva and Hiscox. Wellcome Trust’s investment arm snapped up property group Urban and Civic for £506m and Mr Kipling…
Resolution Foundation’s latest survey of 6, 000 adults found 19 per cent of 18-24-year-olds who were furloughed during lockdown were unemployed in September. For Black, Asian, and other minority ethnic workers the figure was 22 per cent compared to 9 per cent for the general population. The Treasury said its wage support schemes had helped…
The UK economy suffered its worst and biggest slump on record between April and June due to coronavirus lockdown measures, shrinking as much as 20.4 per cent compared with the first three months of the year. The UK is officially into recession. Household spending plunged as shops were ordered to close, while factory and construction…
The Avery’s most lasting legacy was the inadvertent triggering of a new model for the global economy. Henry Every was the seventeenth century’s most notorious pirate as the British government offered enormous bounties for his capture alive or preferably dead. Every’s most lasting legacy was the inadvertent triggering of a major shift in the…
Chancellor Rishi Sunak announced the UK furlough scheme to pay wages of workers on leave because of coronavirus has been extended to October. He further said the government-backed workers and companies going into the lockdown, and would support them coming out and confirmed that employees will continue to receive 80 per cent of their monthly…
The Chancellor Rishi Sunak will today announce a package of support for Britain’s 5m self-employed people to help them through the coronavirus pandemic after Boris Johnson decreed they should have “parity of support” with employed counterparts. The self-employed would submit forms to HM Revenue & Customs, the tax authority, declaring their recent income, if there…
Aon buys Willis Tower Watson for £30bn in an all share-deal that will combine world’s second and third largest insurance brokers into a new industry leader and throws up challenge to Marsh & McLennan, which until now has been the world’s number one in the sector by revenue, one year after they completed acquisition of…