Barratt remains on track with steady customer reservations October 13, 2021 UK residential property developer Barratt Developments is on track to deliver its targets for the medium term as well as for FY2022, after registering a steady customer demand between 1 July and 10 October. “The positive start to the new financial year has continued in recent weeks with private reservations remaining strong,” said Barratt’s chief [...]
NatWest to spend £100bn on climate and sustainable finance October 13, 2021 Banking giant NatWest has announced plans to provide £100bn of climate and sustainable funding by 2025 to support the transition to net zero. Natwest previously announced a target of spending £20bn on climate and sustainable finance between 2020 and 2022 which the bank already exceeded with the early delivery of £21.5bn in the first half [...]
Over 60s warned about taking aspirin to prevent heart attacks October 13, 2021 People over 60 have been warned about regularly taking aspirin as a way to prevent heart attacks. According to the US Preventive Services Task Force, the risks of internal bleeding would cancel the benefits of taking aspirin to prevent cardiovascular diseases in people over 60. As reported by the Telegraph, the US health task group [...]
Just Eat UK surpasses 1bn orders milestone October 13, 2021 Just Eat Takeaway.com’s financials were boosted in the third quarter of 2021 as Brits swapped home-cooked meals for takeout. The takeaway website processed 266m orders in the third quarter of 2021, representing a 25 per cent jump compared with the same period of 2020 which helped the UK branch of the company reach the milestone [...]
Marston’s pub sales tumble 22 per cent as lockdown restrictions bite : CityAM October 13, 2021 British brewing and pub business Marston’s has been hit hard by lockdown restrictions with pub sales falling 22 per cent this year to stand at £402m. Since April 12 the pub has seen trading reach 94 per cent of pre-pandemic levels on average as pub-going made a comeback over the Summer. However, Marston’s estate of [...]
GDP grew 0.4 per cent in August, as Brits rush to eat out and return to theme parks October 13, 2021 Gross domestic product (GDP) grew 0.4 per cent in August 2021, according to the latest figures, remaining 0.8 per cent below its pre-pandemic level. The sectors offering the “strongest contribution”, according to the Office for National Statistics (ONS), were accommodation and food services, which boosted GDP 0.28 per cent. Sports and recreation industries have [...]
City Moves: Who’s switching jobs in the Square Mile today? October 13, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Riverstone Property developer Rivertsone has hired a new Chief Experience Officer who will help ensure a smooth experience for its over 65s residents in Kensington and Fulham. Greg Mace joins as the firm readies itself for new developments, [...]
Lockdown savings drained as Brits worry about price rises October 13, 2021 Three quarters of UK adults are worried about rising living costs with the sandwich generation of 45-64-year-olds the most anxious. Some 35 per cent feel more anxious about the future compared with before the pandemic, rising to 42 per cent among people aged 45-54. The data comes from Aviva, who said one in five people [...]
Sally Rooney, Billie Eilish and George Eliot: Can we ever divorce the art from the artist? October 13, 2021 PUBLISHING a book is the ultimate act of surrender for a profession as dedicated to control as writers. Once a book is in a reader’s hands, you have relinquished your ability to shape what they think of it, how they connect with the characters, or how lost they become in a story. So too with [...]
Almost a thousand pubs and restaurants have closed since Freedom Day October 13, 2021 The country has lost nearly a thousand pubs and restaurants since Freedom Day, when hospitality was freed from Covid restrictions. At an average closure rate of 16 licensed premises a day, the figures from CGA and AlixPartners make stark the difficulties still faced by businesses. Independently run pubs and bars accounted for nearly three quarters [...]
