Facebook owner Meta shells out £149m to break London Regent’s Place lease September 26, 2023 Facebook owner Meta Platforms surrendered one of its two buildings at Regent’s Place, paying £149m at the end of September to break the lease. Property developer British Land revealed that the end of the lease will result in post interest savings of 0.6 pence for the half year. The £149m fee was first reported by [...]
Card Factory: Profits leap 72.7 per cent amid ‘challenging’ climate before Christmas September 26, 2023 Card Factory has reported a 72.7 per cent leap in profit before tax to the end of July, as the occasion market showed signs of strength despite the cost of living crisis. The seller of personalised celebration cards and gifts said revenues also grew 11.5 per cent to £220.8m as the company’s affordable products appealed [...]
Tube strikes: Bosses warn of ‘hammer blow’ to London trade as dispute drags on September 26, 2023 Business chiefs have warned that rail strikes set to take place in next week will deal another “hammer blow” to trade in the capital as the cost of rail strikes on City businesses continues to rise.
Solar energy boss considers rival markets after UK climbdown over green pledges September 26, 2023 The government has sent the "wrong signal" to British businesses with their rollback of green energy pledges, warned Naked Energy.
Brighton Pier Group’s share price plummets as rail strikes hit footfall September 25, 2023 Brighton Pier Group’s share price nosedived over nine per cent today after it revealed that strike action on the UK’s rail network had hit the firm’s revenues. In the six months to July, total revenues for the group, which manages the iconic pier, were £16.2m, down from £17.3m for the same period last year. The [...]
Ladbrokes owner Entain sees shares tumble as sales slide September 25, 2023 Shares in Entain, the London-listed owner of Ladbrokes, have tumbled to their lowest point since 2020, sharply falling over 11.5 per cent on Monday. The drop followed the company’s announcement of a decline in online net gaming revenue for both the third quarter and the full year. Entain blamed this on a combination of regulatory [...]
Sober October: the best alcohol free events in London September 25, 2023 If you hit it hard all summer, you’re not alone: in fact, far too many of us make a habit of drinking far too much on the regular. Statistics show over half of Londoners ‘drink to get drunk’, which means drinking to excess. Enter, Sober October… This October the month-long initiative by Macmillan Cancer Support [...]
Forget Miami beach: why Miami’s cocktail bars are the city’s best attraction September 25, 2023 When someone mentions Miami, what springs to mind? Swaying palm trees and pastel-shaded art deco buildings? Don Johnson as ‘Sonny’ Crockett, his jacket sleeves rolled up, sipping on blue libations? It certainly has a retro backdrop, but, perhaps surprisingly, Miami has lately become the hottest place in America for mixology. The city has 300 sunny [...]
Why the Cotswolds is perfect for an October holiday September 25, 2023 THE WEEKEND: Part of the idyllic Chimney Meadows Nature Reserve in the south Cotswolds, The Lock Keeper’s Snipe is a charming converted barn with boutique hotel aspirations. It is part of a new collection of British homestays from Quince, which has found and renovated a load of old properties to newly high standards. With its [...]
Price of Bitcoin looks set for best September in seven years, despite historical slump September 25, 2023 The price of Bitcoin (BTC) drifted back to the $26k area over the weekend, retracing the majority of the gains made last week.