We’re on the move, boosted by an expected simplification of Britain’s traffic lights COVID-19 travel quarantine system, but it’s unsteady and cautious, with the FTSE All Share losing some of its earlier gains. Ryanair has lifted its five-year passenger forecast, while another potential mega-merger looms as Invesco talks about combining with State Street’s asset management division. On the high street, John Lewis has trimmed its losses to £29m and the vegan boom is gathering pace, with one in three Britons now drinking plant-based milk. A post-Brexit red tape bonfire scrapping paper driving licences and share certificates and bringing back pounds and ounces might be a Conservative Party vote-winner
We’re seasick, with Britain and the United States battling to contain an international backlash from their Aukus nuclear submarine deal with Australia. As UK retail sales drop again in what’s now the worst stretch for the nation’s shops since 1996, slower growth and high inflation make awkward reading for the Bank of England’s interest rate-setting committee which is meeting next week. The amount of tax lost in the UK increasing to £35bn should cause red faces at HMRC, while Scotland is forecast to face a £8.5bn black hole after any independence vote. In the United States, 24 Republican state attorney generals have signed a letter calling Biden’s vaccine mandate ‘illegal’. A California wildfire is threatening the world’s largest tree and hundreds of migrating songbirds have crashed into New York skyscrapers. ‘Insulate Britain’ protesters have blocked the M25 for the third time in a week. This woman eating a burger at a fast food restaurant bit into a human finger. Researchers are suggesting building Mars bases out of human blood.
WEIGHING GAINS AGAINST LOSSES
As part seven of Edison’s investment thesis on the cryptocurrency examines the extent to which it has been used in illicit activity, we now learn that waste from one bitcoin transaction is equivalent to ‘binning two iPhones’. This 7ft 5in Canadian confirmed as the world’s tallest teenager towers over the competition in basketball but has needed to have tabletops and ceilings adapted in his childhood home. And we’re mourning the passing of Sir Clive Sinclair, who brought affordable personal computing to the masses but was decades ahead of his time with his ill-fated C5 electric vehicle. Lift a glass to him tomorrow on National Hospitality Day.