British Airways owner IAG agrees new $1.8bn credit facility March 23, 2021 British Airways owner IAG took yet another step towards stabilising its finances today by announcing a new $1.8bn (£1.3bn) revolving credit facility. The new financing arrangement has been agreed with a number of banks and will be available for an initial three years, with the possibility of extension for two more years. As well as [...]
DEBATE: Should business rates be scrapped and replaced with a land tax, as the Lib Dems suggest? December 10, 2019 Should business rates be scrapped and replaced with a land tax, as the Lib Dems suggest? Liz Jarvis, writer, editor, and Liberal Democrat parliamentary candidate for Southampton Itchen, says YES. Nearly a million businesses in the UK have closed in the past three years. Businesses, especially small firms unable to bear the brunt of Brexit [...]
Inside the £10,000 BVI retreat teaching ethical capitalism March 27, 2023 There are certain moments in life that you will always remember. For me, one of these is paddling out to sea at night in a transparent, glow-in-the-dark kayak, while looking up at the stars off the shores of a private BVI island. Back on land, a banquet was taking place on the beach – everyone [...]
Small islands will be washed away unless they harness a greener off-shore finance October 29, 2021 Climate change is already being felt across the world with extreme weather events causing food insecurity, conflict and forced migration in places as diverse as the Middle East, Latin America and the Arctic. As world leaders gather in Glasgow for Cop26 next week, there are some for whom the outcome could literally be a question [...]
How The Maldives are properly celebrating their food culture December 12, 2022 On The Maldives, local cuisine is finally being properly celebrated. Angelina Villa-Clarke jets in to eat local delicacies including mud crabs I’m sat high in the treetops, hidden amongst the oversized leaves of banana trees. Flickering candles light the tables but, mostly, the scene is illuminated by the night sky, ablaze with an eternity of [...]
Mal-teaser: Brits have just five days to skip quarantine in green list Malta for unvaccinated UK tourists June 25, 2021 Mal-teaser: Brits have just five days to avoid quarantine for UK arrivals in green list Malta
Airbnb inks deal with location tech firm what3words amid staycation boom July 8, 2021 Airbnb has launched a partnership with what3words to bring the startup’s location mapping technology to its platform ahead of an expected boom in staycations. What3words has divided the world into three-metre squares each with a unique three-word name to help pinpoint specific addresses. The London-based company said its technology helps to tackle the inaccuracy of [...]
Government launches search for new UKGI chair March 23, 2021 The Treasury has launched a search to replace the outgoing chair of UK Government Investments (UKGI), the Whitehall agency responsible for taxpayer investments. Headhunting firm Odgers Berndtson has kicked off a search to find Robert Swannell’s successor, Sky News reported, with the current UKGI head set to step down after seven years at the helm. [...]
FTSE 100 rallies as reopening optimism takes hold May 27, 2020 The FTSE 100 extended gains made yesterday as investors focused on the phased reopening of the economy. London’s blue-chip index closed up 1.26 per cent at 6,144 points as investors took comfort in increased hopes of a recovery. The Prime Minister set out plans to reopen parts of the economy from next week, as the [...]
EU’s Brexit peace offering includes removal of 50 per cent of customs checks on British goods October 13, 2021 European Commission vice president Maros Sefcovic is expected to present a number of proposals later today aimed at resolving the political stand-off between the UK and EU over the movement of goods across the Irish sea. He has promised the measures will be “very far-reaching”. The Telegraph reports the EU will offer to remove up [...]