Published: 06 July 2021
Location: London, UK
The Prime Minister said in a press conference yesterday that most covid rules are due to end on 19th July. However, he said this would not be confirmed until next Monday, after a review of the latest data. Masks, social distancing, the rule of six and orders to work from home would end, Boris Johnson said, and all businesses would be allowed to open up fully, including nightclubs.
The Tesla Model 3 has topped a list of best-selling cars in the UK in June, as drivers shift towards electric and hybrid vehicles ahead of a ban on petrol and diesel sales. The Society of Motor Manufacturers and Traders said that 5,468 were sold last month. Tesla outsold its nearest rival, the Volkswagen Golf, by more than 800. 186,128 new cars were registered across Britain last month, up 28% on same month last year when most dealerships reopened after the first lockdown.
Utilities giant Centrica is preparing spend £1.6bn overhauling its Rough gas storage site in the North Sea so it can store hydrogen instead of methane, the Telegraph reports. The FTSE 250 British Gas owner says repurposing the site 18 miles off the coast of Yorkshire could create 3-4,000 jobs during construction and help develop the market for hydrogen to help meet climate goals. Greg McKenna, managing director of Centrica Business Solutions, said the company is waiting for clarity on the Government’s strategy around hydrogen and what subsidy guarantees will be given to help the hydrogen industry scale up, before knowing whether to progress or not. Hydrogen does not produce carbon emissions when burned so it is expected to be used more widely as the UK overhauls its energy system to try and meet its legally binding target of cutting carbon emissions to net zero by 2050. However, the extent of its role is unclear as hydrogen is expensive and difficult to produce as well as being inefficient.
Australia's Ramsay Health Care has upped its offer for London-listed Spire Healthcare to 250p a share from 240p. Private hospital operator Spire announced in May that it had agreed to be bought by Ramsay for just under £1bn. Ramsay said on Monday that this was its final offer, unless another company made a bid for Spire. The new offer represents a 30% premium to the closing share price of Spire the day before the initial bid was made.
Daimler AG, Volvo AB and Traton SE plan a joint venture for a high-performance charging network for battery-electric trucks and coaches across Europe worth $593m. The manufacturers will spend $593m for at least 1,700 charging points by about 2027 that will be powered by green energy, according to a statement issued yesterday.
The gang behind a "colossal" ransomware attack has demanded $70m (£50.5m) paid in Bitcoin in return for a "universal decryptor" that it says will unlock the files of all victims. The BBC reports that the REvil group claims its malware, which initially targeted US IT firm Kaseya, has hit one million "systems". This number has not been verified and the exact total of victims is unknown. However, it does include 500 Swedish Coop supermarkets and 11 schools in New Zealand. Two Dutch IT firms have also been hit, according to local media reports.
Jeff Bezos has stepped down from his position as CEO at Amazon, leaving the role to Andy Jassy, with whom he has worked since the early 2000s. Bezos, who founded the retail giant, has been its head for almost three decades. He is now executive chair of the company, a position he said back in February would give him more time to pursue other ventures. Bezos also owns the Washington Post and space company Blue Origin. He remains Amazon's largest individual shareholder.
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