Global Finance

Lloyds Bank, Manchester

Lloyds Bank profits nosedived in 2020 … but less than expected

LLOYDS Bank has announced a 70 percent slump in annual profits. CEO Antonio Horta-Osorio said the pandemic had had a profound effect on the bank’s...
Archer Aviation air taxi

Blade Runner, move over: flying taxis are on the way

A UNITED States airline is buying flying electric taxis to ferry passengers to airports — a futuristic plan that it hopes to implement within...
Doing Business 2020

UK’s surprise showing in business start-up costs

By Hal Williams BUSINESS support platform Rovva recently analysed World Bank figures on the cost of starting businesses around the world. When the data were in,...
Spanish property market, €3m plus house

Dream is alive, but the landscape has changed for UK second-home...

The pandemic pain in Spain falls mainly on the lower end of the property market — but, as HAL WILLIAMS discovers, international second-home owners...
Doctor Marten boots

Suited and booted: Dr Martens laces-up for 2021 IPO

ICON of the boot-making universe, Dr Martens, has confirmed an IPO will be floated on the London Stock Exchange in February. Initial notification of the...
New Zealand All Blacks - pre-match haka challenge

Ka mate, ka mate! All Blacks in investment firm’s sights

By Hal Williams NEWS OUTLETS are forming a scrum around reports that US tech investment firm Silver Lake intends to acquire a 15 percent stake...
Hands holding coins with a tree and a graph in the background

ESG integration boost for Blackrock’s DC strategy

US INVESTMENT company BlackRock’s UK Defined Contribution (DC) default strategy, LifePath, is moving to the next phase of ESG integration. The move will increase LifePath UK’s ESG exposure,...
flags uk eu, brexit

2021: Outlook, advice for the UK’s employers

ALEKSANDRA TRACZYK, a solicitor at Winckworth Sherwood, traces a brief trail into the fresh Brexit landscape DECEMBER 31 marked the end of 2020, a year...
Movement to Work logo

Senior leaders call on UK business owners ‘not to fail young...

NEARLY one year on from the first lockdown, more than one in 10 young people have lost their jobs, with the number of 16...
airbnb mobile app, bedroom, accommodation

Investors give a huge $100m vote of confidence in Airbnb flotation

IN THE biggest US listing of 2020, Airbnb’s first day of public trading has secured a valuation of more than $100bn, with more than...