Remy Cointreau shares leap after full-year profit forecast raised thanks to booming China sales November 25, 2021 Shares in Cointreau-maker Remy Cointreau swelled on Thursday after the firm hiked its full-year profit forecast. It reported first-half results that were above expectations, following strong demand for its premium cognac in China, the United States and Europe. Shares were up 12 per cent and hit a record high of 209.8 euros on Thursday. Group [...]
London hotels hope for a cracker Christmas as Covid recovery lags behind rest of country November 25, 2021 London hotels are still lagging behind in their Covid recovery compared to rivals elsewhere – but have reported strong festive bookings. The capital’s occupancy rates were 26 per cent behind pre-pandemic levels last month, as the sector continues to suffer from the slow return of international tourists and business travellers. Hotels are also facing a [...]
Waltham Forest house prices see sharpest jump since 2002 November 25, 2021 The London boroughs of Kensington and Chelsea, Westminster and the City of London have marked the largest jump in house prices in London since 2002. Unsurprisingly, prices in leafy Kensington and Chelsea shot up by £863k in two decades. This was an increase of 223 per cent. Westminster prices saw a £600k jump. However, the [...]
First time buyers face significant barriers as earnings lag behind soaring house price growth November 25, 2021 First time buyers are facing significant hurdles to raising a deposit as they come up against high prices relative to average earnings. House price growth has surpassed earnings growth over the past year and the ratio of house prices to earrings has hit a record high, the Nationwide House Price Index set out. A 20 [...]
Met police officer charged with rape faces 13 additional offences against three more women November 24, 2021 A Metropolitan police officer charged with rape will also now face an additional 13 offences, relating to the rape and sexual assault of three more women. The Crown Prosecution Service said on Wednesday it had authorised Hertfordshire Constabulary to charge officer David Carrick with 13 additional offences. The offences are alleged to have taken place [...]
Shortage fears: Wine and spirit bosses warn of Christmas delays thanks to lack of drivers November 24, 2021 Brits face disappointment as deliveries of their favourite alcoholic drinks are being delayed due to the shortage of HGV drivers, a coalition of 49 wine and spirits companies has said. Bosses from household names such as Campari and Bibendum Wines have today written to secretary of state for transport, Grant Shapps, calling for further action [...]
New build quality board selects ombudsman as redress plans for disappointed buyers move forward November 24, 2021 Disappointed buyers of shoddy new-builds are one step closer to the formation of a new body that would provide redress. The New Homes Quality Board – which oversees the quality of new-build houses – has announced that The Dispute Service has been selected to be the New Homes Ombudsman. The ombudsman will be independent and [...]
Pret sales in City of London below pandemic levels November 23, 2021 Pret a Manger’s weekly sales are still down on pre-pandemic levels in the City of London while across the UK office lunch sales have made a full recovery. Sales of sandwiches and coffees from the chain’s Square Mile sites were 13 per cent down on pre-pandemic levels last week. Many City workers are still working [...]
Ex-PM David Cameron lobbied Tory associate at Lloyds to salvage Greensill pharmacy deal November 23, 2021 Former Prime Minister David Cameron lobbied Lloyds bank to change a decision to slash ties with ailing Greensill Capital, it has been reported. Cameron reached out to a board member whom he had ennobled during his Downing Street stint, the Financial Times reported on Tuesday. The newspaper cited “people familiar with the matter” as saying [...]
Apple sues cyber firm NSO for alleged surveillance of US users November 23, 2021 Apple has filed a lawsuit against Israeli spyware firm NSO Group and its parent company for alleged surveillance and targeting of US Apple users. In a lawsuit filed on Tuesday, Apple has accused cyber firm NSO and its owner OSY Technologies for spying on Americans with its Pegasus spyware. It is hoping to ban NSO [...]
