• Capital Access

Hot Off The Wires - 24th February 2021


  • HSBC will nearly halve its office space in the coming years in one of the most radical calls on working trends in the wake of the global pandemic.

  • Millions of self-employed workers are due to be offered grants of up to £7,500 in next week's Budget, but the Chancellor is considering dropping the scheme from May.

  • Estée Lauder has agreed to pay $1bn to take a majority stake in the owner of cult skincare brand The Ordinary in one of its biggest acquisitions to date.

  • Unemployment in the UK edged higher to 5.1% in December as the government’s furlough scheme continued to prevent a steep rise in job losses in the run-up to Christmas.

  • Two thirds of small and medium-sized builders have reported falling or stagnant workloads, denting the recovery seen after the first national lockdown.

  • Facebook’s deal with the Australian government to pay publishers for their news stories strengthens the case for tough action in Britain, MPs have said.



Which famous financier's uncle wrote "Jingle Bells" in 1857?

Hint: The songwriter is James Pierpont

Click here to read the full daily note.


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