News And Announcements
EU set to extend permission for London to clear euro derivatives for 18 months
Brussels is set to extend authorisation for companies to clear euro denominated financial derivatives in the City of London for 18 months.
Policyholders claim partial victory in Covid-19 business interruption test case
The Financial Conduct Authority has claimed a partial victory in a closely-watched test case concerning business interruption payouts during the Covid-19 pandemic.
Facebook to fight climate change fake news with new information hub
Facebook is set to launch a new information hub to provide its users with “science-based information” about climate change and eliminate fake news from its platform.
MPs urge government to take action against throwaway fast-fashion
Members or parliament are urging the government to take urgent action against throwaway fast-fashion and support the development of sustainable fabrics and recycling facilities for clothes.
German investor sentiment improves in September
German investor sentiment improved in September despite rising coronavirus cases and concerns about Brexit, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Grocery spending slows as shoppers dine out during August
Around £155m was wiped off UK grocery sales in August, industry research showed on Tuesday, as consumers took advantage the government’s Help Out to Eat Out scheme and the easing of lockdown restrictions.
UK investment market plagued by scams - FCA
Britain’s financial services industry has been blighted by too many scams and scandals and should be overhauled, the regulator said on Tuesday.
UK redundancies rise most since 2009 as Covid-19 takes toll
The number of redundancies in the UK rose in July by the most since 2009 as the Covid-19 pandemic took its toll.