Month: <span>January 2021</span>

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Georgia state run off timeline: When are the Georgia runoff results?
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Georgia state run off timeline: When are the Georgia runoff results?

Georgia is now the staging ground for the final deciding race for the US Congress and will put a lid on last year’s elections. Currently, Republicans hold the institution’s upper chamber – the Senate – with 51 senators to Democrats’ 46 and two Democrat-leaning independents. Flipping the two available seats would give the Democrats 50,...

Julian Assange to seek release from prison after extradition ruling
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Julian Assange to seek release from prison after extradition ruling

Julian Assange will make a fresh appeal to be released from prison this week after a British judge ruled that he cannot be extradited to the US to face charges of espionage and hacking government computers. While district judge Vanessa Baraitser rejected arguments that Assange would not get a fair trial in the US, she blocked extradition...

UK to move to highest coronavirus alert level as full lockdowns loom
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UK to move to highest coronavirus alert level as full lockdowns loom

The government is expected to announce new steps to control the spread of coronavirus, as the chief medical officers recommended that the UK move to the highest coronavirus alert level. Boris Johnson is due to make a TV address on Monday evening where he is set to announce mass school closures and tight lockdown restrictions. MPs...

Aldi UK enjoys sparkling Christmas as champagne sales soar
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Aldi UK enjoys sparkling Christmas as champagne sales soar

Aldi UK has reported a record Christmas performance, with sales rising 10.6% year-on-year in the four weeks to 24 December boosted by demand for premium products and champagne. All UK supermarket groups benefited in the run-up to Christmas from unprecedented demand due to the Covid-19 pandemic, driven by a large part of the population working...

UK mortgage approvals at highest level in 13 years
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UK mortgage approvals at highest level in 13 years

UK mortgage approvals have risen to the highest level in 13 years, driven by the government’s stamp duty holiday and buyers reassessing their living situation during the coronavirus pandemic. Figures from the Bank of England showed the number of mortgages approved by banks and building societies for home purchases had leapt to 105,000 in November – the highest figure...

Ladbrokes owner’s shares leap after it rejects £8.1bn MGM bid
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Ladbrokes owner’s shares leap after it rejects £8.1bn MGM bid

The gambling company behind Ladbrokes and Coral has rebuffed an £8.1bn takeover proposal from its US partner, MGM Resorts, as the arrival of legal sports betting in the US continues to fuel transatlantic dealmaking. Entain said the offer from MGM, the owner of the Bellagio casino in Las Vegas, significantly undervalued the company and its prospects. Shares...

UK economic outlook for 2021: Covid surge deepens the gloom
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UK economic outlook for 2021: Covid surge deepens the gloom

The UK economy begins 2021 on the back foot as record numbers of coronavirus infections and tougher restrictions cloud the outlook for growth and limit the chances of a rapid recovery from the country’s worst recession in 300 years. There had been hopes that the arrival of successful Covid vaccines could prompt a rebound in...