It was the second time in two months that the bank agreed to pay a massive settlement to U.S. regulators over how it conducts business.
The group is just the latest industry organization to already alter plans for a gathering scheduled for 2021.
Pets at Home joins supermarkets and B&M in opting not to repay rates relief despite staying open during Covid crisis
Here’s another name to add to the list of retailers who will keep their relief on business rates – thanks very much, dear chancellor – even though their stores were open during lockdown.
It’s Pets at Home, which joins all the big supermarket chains and discount merchant B&M in the brazen bracket. There were mitigating factors in Pets at Home’s case – for example, it stopped the sale of pets for a while to discourage outings to its “free zoos” – but a 5% rise in half-year revenues says help from the public purse wasn’t necessary.
The 2021-22 application for a Knight-Bagehot Fellowship at the Columbia University Graduate School of Journalism is now open. The deadline for completing the application, in its entirety, is Jan. 31, 2021. The Knight-Bagehot Fellowship...
Patrik Schowitz from J.P. Morgan Asset Management discusses why he believes the value rally will be capped.
Bank of England policymaker warns of 'pandemic hangovers', as private sector shrinks – as it happened
Rolling coverage of the latest economic and financial news, as the UK Treasury Committee questions the Bank of England
- US private sector growth hits five-year high
- Analyst: World should ‘jump for joy’ over AstraZeneca vaccine
- UK PMI shows economy shrinking this month
- Oxford/AstraZeneca vaccine offers up to 90% efficacy
Time to wrap up.
Obviously it’s better to have a vaccine than not, but those are hangovers from the pandemic even as and when there is an effective vaccine, which I suspect will weigh on the economy for some time.
Speaking personally, it felt like the first time in eight or nine months that there is some lights coming at the end of the tunnel.
I have … Read the rest
Real estate news service CoStar has hired Crain’s Chicago Business copy chief Danielle Narcisse. Her first day was Monday. Narcisse has been at Crain’s Chicago since September 2006, first as a copy editor and then...
In the middle of a pandemic that left millions of Americans unemployed, boom times have returned for start-ups, says 25-year old co-founder Henrique Dubugras.
The move comes a day after the Federal Reserve had balked at the Treasury Department’s demand that it return funds meant for pandemic relief that have so far gone unused.