Dr. Martens, the British bootmaker backed by private equity group Permira, is planning to go public on the London Stock Exchange, in what would be one of the UK's first major IPOs of 2021.
Having delayed its stock market debut, Airbnb launched their IPO this month and shares more than doubled, bringing the valuation to over $100bn.
In the last month of his presidency, President Trump and his administration are in talks with the UK to secure a mini trade deal.
The US Treasury Department released its semi-annual report saying Switzerland (along with Vietnam) had intervened to artificially prevent its currency rising against the dollar.
Between 1992-2008, the fees Mastercard charged businesses for accepting payments from consumers in the UK (interchange fees) were too high. Consequently, UK consumers paid higher prices on purchases from businesses that accepted Mastercard. This breach of competition law could entitle 46.2m eligible Britons up to £300 each, making a potential mass consumer claim against the card provider worth just under £14bn.
The Scottish and Welsh governments have threatened legal action against the UK government over the Internal Market Bill which was passed on Thursday 17 December. They perceive the Bill as a threat to their devolved power.
A report by the National Audit Office (NAO) following their investigation into government procurement during the COVID-19 pandemic has raised concerns over a lack of transparency.
Despite the growing economic crisis worldwide today, higher demand for casual clothing has seen sales quadruple for the global online retailer ASOS.
15 Asia-Pacific nations have sealed one of the biggest trade deals in history, covering a third of the world’s population and economic output.
Employees who continue to work remotely after the pandemic should pay more tax in order to support the poor and disadvantaged workers in society. That is the proposal detailed in Deutsche Bank’s new “Rebuild” report – the bank’s roadmap to a post-Covid recovery.