L&G chief calls on pension funds to help end housing crisis

‘We simply haven’t built enough’: L&G chief calls on pension funds to invest in projects to help end housing crisis L&G boss Nigel Wilson believes we haven’t built enough homes L&G has already backed a number of projects across the country  It has invested £450million in the regeneration of Cardiff Central Square By Emma Dunkley … Read more

Cineworld to hold crunch vote over cash crisis

Cineworld to hold crunch vote to increase its £6bn debt pile as it prepares to reopen cinemas Cineworld shareholders to vote on plan to take on an extra £155m of debt It is seeking approval for the suspension of its borrowing limits  It said the money is for ‘further liquidity’ reasons in case of more … Read more

How Chile’s new Covid spike proves England’s cautious roadmap is the right route out of this crisis

Things are going according to plan. Despite a few wobbles about vanishingly small blood-clot risks, our vaccine rollout charges forward. And tomorrow we will enter the next phase of our roadmap to freedom. But at the Downing Street press conference last Monday, England’s Chief Medical Officer Chris Whitty was circumspect. Moving ‘steadily’ was key, he … Read more

Brazil builds new 140ft statue of Jesus higher than Christ the Redeemer as Covid crisis continues

Brazil builds new 140ft statue of Jesus even higher than Christ the Redeemer as country’s Covid-19 crisis continues with more than 345,000 dead Named Christ the Protector, the statue stands at 43 meters in Encantado, Brazil The project is designed to encourage tourism to the area and to inspire faith   Elsewhere, Brazil has second highest … Read more

Crisis talks in Northern Ireland after eight police officers were injured on sixth night of rioting

Northern Ireland is set for crisis talks after a sixth night of rioting in Belfast saw Catholics and Protestants pelt each other with petrol bombs over a ‘Peace Wall’. Secretary of State Brandon Lewis is flying in to speak to First Minister Arlene Foster, deputy First Minister Michelle O’Neill Ulster Unionist leader Steve Aiken and Alliance party … Read more

Angela Merkel calls for national lockdown to curb Germany’s coronavirus crisis 

Angela Merkel calls for national lockdown to curb Germany’s coronavirus crisis Angela Merkel today backed regional leaders’ calls for short, sharp lockdown  Comes amid third wave with Germany battling average of 15,000 cases per day  ‘Every call for a short, uniform lockdown is right,’ Merkel’s spokeswoman said She added that the country was struggling with … Read more

American job market rebounds from Covid crisis

Official data shows more than 900,000 Americans were hired in March as job market rebounds from Covid crisis By Daily Mail City & Finance Reporter Published: 21:51 BST, 2 April 2021 | Updated: 21:51 BST, 2 April 2021 More than 900,000 Americans were hired in March as the job market began to rebound from the … Read more

Egypt seeks $1bn compensation for Ever Given crisis which blocked the Suez Canal for nearly a week

Egypt is expecting more than $1 billion (£722 million) in compensation after a cargo ship blocked the Suez Canal for nearly a week, according to the top canal official. Suez Canal Authority (SCA) CEO Ossama Rabei also warned the ship and its some $3.5 billion (£2.5 billion) worth of cargo will not be allowed leave … Read more

Sanjeev Gupta on the brink as steel crisis deepens

Fears Sanjeev Gupta’s steel empire is on the brink of collapse after creditors try to shut down one of his businesses By Francesca Washtell For The Daily Mail Published: 22:00 BST, 31 March 2021 | Updated: 22:00 BST, 31 March 2021 Fears are mounting that Sanjeev Gupta’s steel empire is on the brink of collapse … Read more

Credit Suisse faces investor backlash after Archegos crisis leaves it nursing heavy losses

Credit Suisse faces investor backlash after Archegos crisis leaves it nursing heavy losses By Lucy White For The Daily Mail Published: 22:18 BST, 30 March 2021 | Updated: 22:18 BST, 30 March 2021 Credit Suisse is facing a major investor backlash after the Archegos crisis left it nursing heavy losses. The banking giant was already … Read more