Charlotte Tilbury returns £3.2m furlough cash after pandemic boost to makeup sales December 24, 2021 Cosmetics company Charlotte Tilbury has returned furlough payments it took during the pandemic, to the government after its makeup sales withstood the pandemic and lockdown restrictions, according to reports. Founded by celebrity makeup artist of the same name in 2013, last year sales at Charlotte Tilbury Beauty grew 11.3 per cent to £258.8m and the [...]
Weil Gotshal & Manges legal trainees are highest paid in the City after salary hike December 23, 2021 Law firm Weil Gotshal & Manges have raised pay for trainees making them the highest paid in the City, according to reports. First year trainees will earn £60,000, up 20 per cent from £50,000 and second years will now take home £65,000, an 18 per cent rise from £55,000, according to Legal Cheek, which first [...]
Tech billionaire and former Mormon spurns church by giving $600k to LGBTQ group December 23, 2021 A US-based technology billionaire has quit the The Church of Jesus Christ of Latter-day Saints and donated $600,000 to an LGBTQ-rights group in a public repudiation of the Mormon faith, according to reports. Jeff T Green’s donation to Equality Utah is the start of his pledge to donate 90 per cent of his personal wealth, [...]
European airports passenger numbers slightly up in time for Christmas after plunging amid Omicron fears December 23, 2021 Passenger traffic through European airports increased nine per cent last week, as people make journeys to meet loved ones for the festive season, amid a “substantive” drop in traffic since Omicron was first detected. The number of passengers passing through Europe’s airports has fallen by around a fifth in the three weeks after the Omicron [...]
US law firm lets lawyers work from home indefinitely December 22, 2021 US law firm Quinn Emanuel have told lawyers they can “work from anywhere” indefinitely, according to reports. The announcement comes as competition among US law firms, to recruit and retain talent, intensifies. While the battle for talent has so far led to a bidding war with lucrative salary hikes, flexible working arrangements appear to be [...]
Court orders ex-chairman of Kazakh paper company to return £120m worth of cash and luxury London properties December 22, 2021 A Kazakh paper and cardboard manufacturer has won a London court order against its former chairman to return £122m, including four luxury London properties worth £50m, in damages following fraud. Yesterday a judgement was reached in the long standing case, between Kazakhstan Kagazy Group and its former chairman Maksat Arip. The Group has been trying [...]
Met refers itself to watchdog over Downing Street Christmas party scandal December 22, 2021 The Metropolitan Police has referred itself to a watchdog for police over how it handled an alleged Christmas party in Downing Street last year during Covid restrictions, according to reports. Baroness Jones, a member of the Green Party, submitted a complaint over the Met’s refusal to investigate reports of an unlawful Christmas gathering at No.10 [...]
Sony-Zee merger to form Indian entertainment giant to rival Disney and Netflix December 22, 2021 Sony’s Indian arm has reached a deal with Indian rival Zee Entertainment to create the second biggest entertainment network in India. The Indian unit of the Japanese conglomerate will merge 75 television channels, film assets and two streaming platforms with Zee Entertainment, in a bid to compete with streaming rivals Netflix and Disney in India. [...]
Covid-19: Self-isolation period cut from 10 days to seven with negative result December 22, 2021 People self-isolating with Covid in England can now end their quarantine three days early as long as they receive two negative test results, the health secretary has announced. Under previous rules, people had to self-isolate for a full 10 days if they were infected with Covid-19. Now they can curtail that period by producing negative [...]
Taxpayer bill for Bulb could top £1bn as energy prices soar December 22, 2021 Running failed energy supplier Bulb could could cost taxpayers over £1bn as the price of gas continue to rocket, according to reports. Bulb was left to shoulder the spiralling cost of gas after administrators were instructed, at short notice, by the government to buy most of its wholesale energy needs, sources told The Times, which first [...]
