Fortnum & Mason hires former John Lewis and Matches Fashion exec as new CEO November 3, 2020 Fortnum & Mason has appointed a former John Lewis and Matches Fashion executive as its new boss. Tom Athron will join the Piccadilly department store on 1 December, to replace current chief executive Ewan Venters who will step down in January 2021. Athron was most recently the chief operating officer of luxury fashion website Matches [...]
Trump or Biden: Who would be better for the UK? November 3, 2020 Trump or Biden: Who would be better for the UK? JOIN THE DEBATE Sarah Elliott, chair of Republicans Overseas UK, says TRUMP When I turn the radio tomorrow morning, I hope that the BBC will announce a victory for President Donald J. Trump — and not just for America, but for the sake of the [...]
Hello Fresh pushes ahead with expansion plans after surge in demand November 3, 2020 Meal kit delivery firm Hello Fresh is pushing ahead with expansion plans due to a surge in demand during the coronavirus pandemic. The company said it delivered 162m meals during the third quarter, a jump of 135.1 per cent compared to last year, and has expanded its product offering with more vegetarian options. Revenue jumped [...]
Made in Dagenham: Hollywood real estate firm to build new east London film studios November 3, 2020 A Hollywood real estate firm that owns studios where classics such as Citizen Kane and Gone With the Wind were filmed will invest £300m in a major new production complex in east London. Hackman Capital Partners (HCP) will take control of the construction of Eastbrook Studios, a new film and TV hub spread across more [...]
Betfair: Get set for trading as the US election finally arrives November 3, 2020 Get set for the biggest night in political betting history. £300million has now been traded on Betfair’s Next President market, beating the all-time record, including sports, by more than 50%. That includes the largest ever single stake – £1m on Biden at 8/15. Even bigger action is yet to come. In 2016, £75m out of [...]
Deloitte Legal acquires London tech and digital media law firm November 3, 2020 Deloitte Legal will acquire technology and digital media law firm Kemp Little, adding 29 partners and up to 57 lawyers in the process.
New BBC drama turns spotlight on City work pressure November 3, 2020 The BBC is turning its attention to the City with a new drama that documents the lives of university graduates battling the pressures of a cut-throat career in finance. The series, called Industry, is set at the fictional investment bank Pierpoint, where five fresh-faced grads are subjected to gruelling hours and brutal bosses as they [...]
Crest Nicholson shares soar after housebuilder hikes profit expectations November 3, 2020 Shares in Crest Nicholson soared this morning after the housebuilder hiked its profit forecast following strong sales after coronavirus lockdown restrictions were lifted. The FTSE 250 firm said adjusted profit before tax is expected to be significantly ahead of the previous forecast of £37.9m, at around £45m. The London-listed developer’s share price surged more than [...]
International testing success could allow reduced UK quarantine November 3, 2020 Quarantining international arrivals for just five days in Iceland has proved up to 90% effective.
Online shopping boom could cause Christmas chaos, Post Office warns November 3, 2020 A boom in online shopping and parcel deliveries could cause Christmas chaos this festive season, the Post Office said as it warned the public to send their gifts earlier than usual to avoid a last-minute rush. More than a fifth of Brits have already decided to send presents through the post rather than give them [...]