FTSE 250 bests main market after postive GDP data fails to move the dial April 13, 2021 FTSE 250 bests main market after postive GDP data fails to move the dial
Aviva brings executive committee to one-third women with new senior hire April 13, 2021 Aviva has added another c-suite female to its arsenal with the appointment of Cheryl Toner as chief customer and marketing officer. Toner will start at Aviva in May 2021, where she will join the group executive committee, a senior committee where women make up a third (33%) of its members. Aviva’s board, which Toner will [...]
Bunga Bunga owner sues Axa Insurance over business interruption cover April 13, 2021 Inception Group, owner of London nightclub Bunga Bunga, is preparing to sue Axa Insurance over unpaid business interruption cover. Inception Group, which owns restaurants and clubs in central London including Mr Fogg’s and Cahoots, has alleged Axa is trying to “wriggle out” of making a payout, and plans to launch a £3.25m claim in the [...]
Bitcoin hits record high ahead of Coinbase IPO tomorrow April 13, 2021 Bitcoin hit a record high of $62,839 this morning, marking yet another record this year for the world’s most popular cryptocurrency. Bitcoin topped $60,000 early last month, fueled by Tesla’s move to buy $1.5bn of the digital currency for its balance sheet. For the past two weeks, it had traded in a tight range. Major firms [...]
Goldman Sachs to open Birmingham office later this year April 13, 2021 Goldman Sachs plans to open an office in Birmingham, with the investment bank hoping to have the new office up and running by the third quarter of 2021. The Birmingham office will initially be a shared space in the city centre, ahead of plans to move to a new and yet to be determined Birmingham [...]
Deliveroo and Sainsbury’s expand partnership nationwide April 13, 2021 Deliveroo and Sainsbury’s will expand their partnership nationwide, following a successful trial that saw Sainsbury’s become available to order from via the Deliveroo app from 10 stores. The expansion includes 22 new stores in London, with the remaining stores spread nationally, including in Liverpool, Newcastle, Leeds, York, Aberdeen and Glasgow. In total, 100 Sainsbury’s [...]
Boohoo coughs up £72 million for new Soho office April 13, 2021 Boohoo has bought a new office in Soho in London’s West End for £72m, which will house approximately 600 staff. The office, located at 10 Great Pulteney Street, will become home to all London-based product, marketing, technology and central support teams, and offer flexible working for Boohoo staff. In an update this morning, Boohoo said [...]
Just Eat processes 200 million orders in three months April 13, 2021 Some 200 million orders were placed with Just Eat in the first quarter of 2021, marking a 79 per cent increase from the same period last year. Those in the UK placed the most orders through the takeaway giant, racking up nearly 64 million of those 200 million orders. The company, which was formed after [...]
Wandsworth and Lambeth face surge testing after ‘significant’ cluster of South African variant found April 13, 2021 Extra testing will take place in Wandsworth and Lambeth after a “significant” cluster of the South Africa variant of Covid-19 was found in the boroughs. A total 44 confirmed cases were found in the boroughs along with an additional 30 probable cases. All identified cases are isolating or have completed their isolation, and their contacts [...]
‘It’s the best city in the world’: Punters flock back to the Square Mile as lockdown eases April 12, 2021 Shoppers, pub-goers and those desperately in need of a haircut descended on the City of London today as lockdown restrictions eased. Today marks the first major change in the lockdown restrictions England has been living with since early January. Pubs gardens are now open, as well as restaurants with outdoor space and non-essential retail, although [...]