Sainsbury’s and Waitrose ‘investigating as a matter of urgency’ after worker at sushi supplier has finger tips cut off April 13, 2022 Waitrose and Sainsbury’s are investigating “as a matter of urgency” after a worker had finger tips chopped off in Taiko Foods’ factory, which supplies sushi to the retailers. The retailers are looking into the incident, in which Viraj Kakadia operated reportedly unsafe and dangerous vegetable cutting machine at the Taiko Foods factory in Acton. The [...]
‘Don’t tell anyone’: Whatsapp messages exposed £400m ‘Essex boys’ traders to US lawsuit April 13, 2022 A group of traders dubbed ‘the Essex boys’, who made more than £400m profit in a day of frenzied oil trading in 2020, exposed themselves to a US lawsuit due to a Whatsapp exchange, it has been revealed.
Fortress and TDR Capital among potential future bidders for £600m holiday chain Butlins April 13, 2022 Seaside resort chain Butlins could be subject to a fierce bidding war with Sky News reporting that some big names in leisure are mulling takeover bids. According to the news organisation, suitors looking at snapping up Butlins include Fortress Investment Group, the owner of Punch Taverns. Another high-profile bid could be launched by TDR Capital, [...]
Bieber and Paltrow among celebs pouring $87m into NFT firm Moonpay April 13, 2022 Crypto startup Moonpay has raised $87m (£67m) from dozens of celebrity investors including Justin Bieber, James Corden and Gwenyth Paltrow.
London developer Argyll pumps £27m into wooing workers with new office amenities April 13, 2022 The office is not dead, London developer Argyll has signalled with a new £27m refurbishment investment across eight buildings. The buildings, which collectively cover more than 275,000 square feet of central London, are dotted across St James’ Square, Cornhill and Mayfair. Argyll, working with architect and interior designer Damion Burrows, are splashing the offices with [...]
Coastguard reinspects P&O vessel but detains another April 13, 2022 P&O’s vessel the Pride of Kent was reinspected today at the company’s request, the Maritime and Coastguard Agency (MCA) said. “All inspections have to satisfy the Maritime and Coastguard Agency that the ferries fulfil the requirement of the Port State Control regime and are safe to put to sea,” a MCA spokesperson said. “There are [...]
French Election 2022: Macron accuses Le Pen of secret ‘Frexit’ plan April 13, 2022 French president Emmanuel Macron has accused his right-wing rival Marine Le Pen of a secret ‘Frexit’ plan. The head of state made his comments as polls predicted a tight race for the top job, which comes to a head on 24 April. Speaking at a rally in eastern France, he said Le Pen is disguising [...]
UK space insurance industry grows by a quarter despite pandemic contraction April 13, 2022 The UK’s space insurance industry grew by quarter in the year the pandemic hit, drawing in some £20m into the more than £16bn sector, according to fresh analysis. Linklaters associate Nicholas Puschman told City A.M. that the growth was “not surprising given that London has a well-established history in underwriting space risks and responding to [...]
EU ports ask bloc for ‘clear list’ of banned Russian vessels April 13, 2022 European ports have asked Brussels for a “clear list” of Russian vessels that need to be banned following Moscow’s invasion of Ukraine. The European Sea Ports Organisation (ESPO) expressed its support for the EU’s latest round of sanctions against Russia but stressed the importance of having a clear and uniform approach to the boycott in [...]
Magistrates call for fewer online hearings after defendant tuned in while having a bath April 13, 2022 The rise of remote hearings in magistrates’ courts saw defendants tune into tribunals while having a bath, a new report from the Magistrates Association has said. The use of video calls during the pandemic saw some defendants show a “complete lack of respect” for the court, by appearing “half-naked” and treating the process like “social [...]
