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 [...]
US election: How to watch the vote and what to look out for November 3, 2020 Americans head to the polls today for the US presidential election 2020. While Joe Biden is currently leading the polls against Donald Trump, it’s far from certain who will emerge victorious, with Covid-19 and the use of early and mail-in voting adding to the uncertainty. Americans will vote today, but much of the coverage — [...]
Surge in trading revenues helps BNP Paribas beat expectations November 3, 2020 A surge in currency and commodity trading and lower than expected provisions for bad loans helped BNP Paribas beat earnings expectations for the third quarter. France’s biggest bank reported a 2.3 per cent drop in net income, which fell to €1.9bn (£1.7bn) for the three months to September – beating analysts expectations of €1.5bn. Overall [...]
Sadiq Khan blasted over ‘PR stunt’ as he moves City Hall to Royal Docks November 3, 2020 Sadiq Khan has been accused of carrying out a “PR stunt” after the mayor confirmed he will move City Hall to new headquarters in east London. The Greater London Authority (GLA) will leave its iconic base at More London near Tower Bridge in December next year and relocate to The Crystal building in the Royal [...]