‘Unjustifiable’: Hong Kong rights group targeted by Beijing’s security law March 14, 2022 Hong Kong police have accused human rights group Hong Kong Watch of violating Beijing’s controversial national security law. Police in the city accused the UK-based group of “collusion with foreign forces”, a key violation of the law which China imposed on the city in June 2020. Foreign secretary Liz Truss has called the move “unjustifiable” [...]
Explainer-in-brief: Europe proves a hostile market for Big Tech March 14, 2022 European and UK regulators have teamed up for the second time in less than a year to crack down on tech giants skirting anticompetitive practices. On Friday, the Competition and Markets Authority in the UK and the EU Commission launched a probe into an online advertising deal between Google and Meta to allegedly shut out [...]
Chicken boss warns food prices could rise 15 per cent this year amid war in Ukraine March 14, 2022 A food industry leader has warned prices could rise up to 15 per cent this year as a result of Russia’s invasion of Ukraine. 2 Sisters CEO Ronald Kers told the BBC’s Today programme it had already been forced to pay 50 per cent more for the chicken it receives from farms. Russia and Ukraine [...]
EP: 116 Cheltenham Festival – Day 1, Tuesday March 14, 2022 Day 1 of the Cheltenham Festival features the Champion Hurdle and the return of current champion Honeysuckle, with the Supreme Novices Hurdle, plus the Arkle Chase further highlights on a brilliant opening day’s racing Our guests today are David Pipe, Lucinda Russell & Max McNeill City A.M. racing editor Bill Esdaile previews the first day’s action [...]
The Office Group and Fora to merge in deal that would see 3.1m sq ft of office space March 14, 2022 The Office Group and Fora have announced plans for a merger, in a bid to become the “premier flexible workspace company in the UK and Europe.” The deal is subject to regulatory approval but the combined group would comprise 72 premier locations totalling 3.1 million sq. ft. A combined portfolio would cover London and Cambridge, [...]
Furlough scheme pushed back age of first-time buyer to 34 March 14, 2022 Despite a property market boom during the pandemic, the furlough scheme pushed back the average age of first time buyers by up to two years. The government’s initiative may have given a lifeline to millions as Covid restrictions plunged society into chaos, but its long term impact has reportedly been to stall many people’s ability [...]
FTSE Russell to delete Russian firms from indexes including Evraz March 14, 2022 London Stock Exchange subsidiary FTSE Russell has said it intends to delete several Russian firms from its indexes. Companies to be deleted include Evraz, the FTSE 100 steel giant, of which former Chelsea owner and billionaire oligarch Roman Abramovich owns a 29 per cent stake. Other firms include Polymetal, the FTSE 100 precious metals mining [...]
Radiator firm Stelrad’s revenue up almost 40 per cent, with operating profit more than doubling March 14, 2022 A UK-based producer for steel panel radiators has announced a near 40 per cent increase in revenue for 2021. Stelrad made £272m in the last 12 months with its operating profit more than doubling to £33.2 million in 2021 up from £15.6 million the previous year. The firm, which entered into the London Stock Exchange [...]
Babington House in Somerset is a corner of Soho outside of the city March 14, 2022 THE WEEKEND: When you’re craving fresh air and green fields but aren’t quite ready to ditch London’s glamour and 24-hour convenience, Somerset’s Babington House is the ultimate rural idyll. It’s the original chic country retreat from the Soho House Group, the hotel and member’s club which celebrated its 20th birthday in 2018 and remains a [...]
A love-letter to Mykonos: Why this Greek island has it all March 14, 2022 From the sunken fire pit, guests can watch the sun setting over the neighbouring island of Delos. Gold, amber and peach streaks are scrawled across the sky, like an angry toddler has raided the crayon box. The smoke rises up, making smudges, like dirty fingerprints across the sky. A few decades ago, this outdoors spot [...]