Vaccine passports would go against ‘British instinct’, says Keir Starmer April 1, 2021 Vaccine passports for entry to pubs, bars and restaurants would go against the “British instinct”, Sir Keir Starmer has said. In an interview with the Daily Telegraph, the Labour leader said he would only decide his party’s official stance on the scheme once he had studied detailed proposals. “I think this is really difficult and [...]
Sportech’s losses deepen as Covid hits betting firm’s trading April 1, 2021 Gambling firm Sportech’s pre-tax loss deepened in 2020 as Covid restrictions on trading battered the company’s operations. Sportech’s adjusted pre-tax loss worsened to £5.2m from £2 in 2019, while revenues fell 41 per cent to £20m. Meanwhile, gross profit fell by more than 27 per cent to £34m in 2020. Richard McGuire, chief executive of [...]
Team up with expert architects to design the home of your dreams March 31, 2021 | Sponsored Architect Your Home offers a service that has been specifically designed for home renovation projects. Its collaborative approach means that their team of experts works with you to develop your ideas, commit them to paper and provide a roadmap to getting it done. It supplies the drawings and information required for any necessary permissions and provide full [...]
Exclusive: Govt policy shows UK tech is ‘guiding light’ in pandemic recovery, says Beacon CEO March 30, 2021 Despite the upheaval that the pandemic has caused for many individuals and businesses across the UK, the tech sector has been relatively resilient over the past 12 months. The industry’s continued strong performance is reflected by recent data compiled by Tech Nation and the government’s Digital Economy Council, which shows that 10 per cent of [...]
City of London boss says most workers will return to office after pandemic March 30, 2021 The City of London financial centre is likely to see most workers return to their offices after the pandemic, the City’s policy chair said this morning. Catherine McGuinness told BBC radio she was confident that trade would return for businesses that rely on crowds of office workers. While McGuiness’s comments come as a boost for [...]
Before the Bell: DAX set for a record open as margin call concerns subside March 30, 2021 If markets were worried about the spill over effects from Friday’s $20bn block trade margin call, and the potential spill overs from the Ever Given container ship getting stuck in the Suez Canal, then yesterday’s price action suggested the fallout was fairly contained. European markets finished yesterday’s session broadly higher, while US markets finished the [...]
Corona Impact Series: A Chelsea jeweller conveys her message of bling via Zoom and Bing March 29, 2021 In this series, City A.M. looks at the financial and economic impact of the ongoing pandemic on a range of small and medium-sized businesses across London. This week: How three lockdowns forced an upmarket jewellery chain to convey a personal message of bling via Zoom and Bing. The accelerated shift to digital has been the theme of the [...]
What 175 years of data tell us about house price affordability in the UK March 29, 2021 | City Talk What we’ve learned from nearly 200 years of housing data – and is property really a better investment than a pension? We dug into the treasure trove that is the Bank of England’s Millennium of data resource to analyse the history of house prices. We found that the average house in the UK currently costs more than [...]
A home for £28m: What are the most expensive streets in London? March 29, 2021 Upper Phillimore Gardens in Kensington is London’s most expensive road to buy a house on, with the average sold price on the road in the last 12 months sitting at a cool £28m. Head down past Earl’s Court and you’ll come across the Boltons, London’s second most expensive street over the last 12 months, with an average sold price of £22.5m. [...]
British Gas engineers face mass firings after rejecting contract offer March 29, 2021 Hundreds of British Gas engineers face being sacked on 1 April after rejecting a revised contract offer earlier this month, according to the GMB Union. A string of strikes has been held by thousands of engineers since February, in opposition to the company’s ‘fire and rehire’ tactics. The union said engineers were told they had [...]