Hot Off The Wires - 23rd June 2021
The global wealth gap widened during the Covid pandemic, swelling the ranks of the world’s millionaires by 5.2 million as the rich cashed in on surging stock and house prices.
The growth in online grocery sales has levelled off as normal shopping habits return; online purchases accounted for 13.4% of grocery sales in the four weeks to June 13, the same as in the previous four weeks, according to Kantar.
The chancellor has appointed former White House adviser and Citigroup chief economist Catherine Mann to the Bank of England’s monetary policy committee.
White Square Capital, a London-based hedge fund wrongfooted by this year’s meme stock frenzy, is shutting down.
Channel 4 has warned it could be forced to cut its investment in regional television production if the government pushes ahead with ‘irreversible’ plans to privatise the broadcaster.
Elon Musk’s Starlink is targeting global coverage from its satellite broadband network by September as it attempts to overtake rivals including Amazon and Britain’s OneWeb.
How many 'Best Actor' Oscars has Daniel Day-Lewis won?