Mishcon faces £65m lawsuit over claims its ‘negligent’ advice to led to collapse of London property deal March 22, 2022 A Jersey registered real estate fund has sued London law firm Mishcon de Reya for £65.8m over claims the firm’s negligent advice led to the collapse of a major property deal. Property investor Aurium Real Estate London Ultra Prime Ltd is suing Mishcon after the law firm advised the fund to “build around” a hold-out [...]
Exclusive: Deliveroo’s Thea Rogers leaves exec spot to focus on new baby and ‘new chapter’ March 22, 2022 Senior Deliveroo executive Thea Rogers has announced she will be leaving the food delivery firm after five years to focus on her family.
Zac Goldsmith: Spanish tax evasion dispute comes into new light following secret recording March 22, 2022 A secret recording has shed new light on claims minister Zac Goldsmith evaded millions in tax, as ruled by a Spanish judge. Obtained by The Guardian, the audio clip includes a top police officer, José Manuel Villarejo, telling businesswoman Corinna zu Sayn-Wittgenstein he’d be “delighted” to assist the former MP in his dispute with Spanish [...]
British factories to launch fastest price hiking cycle on record March 22, 2022 British factories are preparing to launch the fastest price hiking cycle on record in a sign that inflation will surge even higher in the months ahead. A net balance of one in every eight UK manufacturers intend to raise prices, according to research by the Confederation of British Industry (CBI). Products produced by factories are [...]
Air Canada snubs neighbour Boeing and buys 26 Airbus planes March 22, 2022 Air Canada snubbed US plane manufacturer Boeing and ordered 26 aircraft from EU rival Airbus, the company announced today. The airline announced it was acquiring 26 extra-long range versions of Airbus A321neo, which will be used on North American as well as several transatlantic routes. Air Canada will lease 20 planes from lessors such as [...]
Seville is the sweet spot for rooftop relaxation and city centre cycling March 22, 2022 THE WEEKEND: Seville is the ideal long weekend destination. The flight is less than three hours, it hardly ever rains, and the locals start reaching for their jumpers and moaning about the cold if the temperature drops below 25 degrees. We left grey London on Friday afternoon and spent most of the weekend sunbathing, looking [...]
Complete immersion in Belize March 22, 2022 There is a human skull half-submerged in the mud at my feet. Through the damp gloom, I can just make out other bones, scattered across the floor. Luckily, I haven’t stumbled upon a gruesome murder scene, but the truth is almost as chilling. This is an ancient Mayan ceremonial cave, buried deep within the jungle [...]
Energy giants face EU windfall tax March 22, 2022 Energy giants could be hit with a windfall tax from the EU - with the trading bloc weighing up a temporary levee amid high profits.
Wishing upon a (Euro)star: London-Disneyland Paris services resume from Friday March 22, 2022 Eurostar announced today that services between London St Pancras and Disneyland Parils will resume from Friday following a two-year stop because of the pandemic. The train, which will take 2 hours and 49 minutes, will initially run four days a week, ramping up to five days during summer and other school holidays. “We are excited [...]
Prologis launches bid to snap up Blackstone’s €21bn warehouse portfolio March 22, 2022 The world’s biggest warehouse owner Prologis has made a bid to snap up the warehouse portfolio of investment giant Blackstone, as firms scramble to secure logistics capacity and investment continues to pour into the space.