Scottish escape takes the crown as UK’s favourite driving getaway June 7, 2021 A spin around the distilleries of Speyside has taken the crown as the UK’s favourite driving route. A new survey has seen the Scottish spectacular narrowly pip the Lake District as Britain’s favourite driving route. Read more: Best of travel: Explore the highlands by plane with The Carnegie Club Coastal Devon took third spot in [...]
Foxtons expect profits to shoot ahead of past two years June 3, 2021 Foxtons confirmed to markets this morning that they expect profits to be “significantly ahead of both 2020 and 2019” after a bumper start to the year. The firm has seen a 49 per cent increase in Q1 sales revenues versus both 2020 and 2019, and the sales commission pipeline is now 65 per cent ahead [...]
The City View with Avon’s Angela Cretu June 3, 2021 In this latest episode of The City View, Andy Silvester sits down with Avon CEO Angela Cretu. Avon is quite the company – the second largest direct-seller in the world, but also advancing in digital directions too. In 2019 the firm booked almost $6bn in global revenues. Angela talks to Andy about the challenges that [...]
Covid hospital admissions still tracking below even most optimistic SAGE scenarios June 2, 2021 The number of Brits admitted to hospital with Covid-19 remains lower than any of the four scenarios envisioned by SAGE scientists when the lockdown easing roadmap was produced. The number-crunching, performed by The Spectator and published on their data tracker, suggests the UK’s battle against Covid-19 has been more successful than even the most optimistic [...]
More than half of thirty-somethings jabbed in last fortnight May 29, 2021 The Health Secretary Matt Hancock said this afternoon that more than half or all thirty-somethings have received a Covid-19 jab. The news came as it was revealed Kate Middleton, the Duchess of Cambridge, had been given her jab at the Science Museum. The milestone is good news for the UK’s rollout as many had feared [...]
Electric truck maker Rivian plots Wall St. IPO valuing firm at $70 billion May 29, 2021 An Amazon-backed electric-truck start-up is reportedly plotting an IPO later this year which would value the company at around $70bn (£50bn). California-HQed Rivian has appointed advisers including Goldman Sachs and JP Morgan, according to Bloomberg. Read more: The world is not enough: Amazon’s streaming push continues with $8.45bn deal for Bond studio MGM Despite the [...]
TfL funding package expires as talks continue on short-term rescue deal May 29, 2021 The emergency funding support programme agreed between Transport for London and the Department for Transport has come to an end, with discussions continuing on an extension. TfL were forced to go cap-in-hand to central government after passenger numbers collapsed at the start of Covid-19. A funding deal was struck in November 2020 to finish in [...]
Ibiza, next year? Spanish islands could remain off-limits over Border Force concerns May 29, 2021 Ibiza and Mallorca may remain on the Government’s amber list for travel due to concerns the UK’s border authorities would be over-run when holidaymakers return home. The Times reported this morning that a host of popular holiday destinations face a longer spell on the travel sidelines because officials fear Border Force wouldn’t be able to [...]
Covid caseload rising but further unlocking still looks likely May 29, 2021 The UK recorded 4,000 new Covid-19 cases yesterday for the first time since March, but Government figures are still hopeful further unlocking will take place as planned on June 21. The latest hospitalisation data also suggests an increase in admittances. But senior ministers, including those in the Treasury, are keen to push ahead with the [...]
Reports: Fed warns Deutsche Bank on compliance failings May 29, 2021 Deutsche Bank bosses in the US are reportedly steeling themselves for sanctions as their compliance processes come under scrutiny from the Fed. According to reports in Bloomberg this morning, the Federal Reserve has written to Deutsche Bank telling them that risk management processes have not sufficiently improved. Read more: Exclusive: Meet the former UBS and [...]