Exclusive: Chapel Down eyes expansion and new winery after online sales boost September 1, 2021 England’s largest winemaker, Chapel Down, plans another vineyard and build a new winery to expand its production after seeing online sales boost during the pandemic period. In July, Chapel Down completed a £6.8m fundraising round via equity crowdfunding site Seedr to help continue its growth. In an interview with City A.M., Chapel Down’s chief executive, [...]
Channel Tunnel operator Getlink inks €185m fibre deal September 1, 2021 Channel Tunnel operator Getlink has today signed a deal with telecoms firm Colt to install a new fibre optic network through the cross-Channel link. The firm will make at least €185m (£159m) from the 25-year agreement, which represents the first new data and dark fibre provisions in the tunnel for a generation. As part of [...]
Clubs infuriated by scant detail of vaccine passport proposals September 1, 2021 Downing Street confirmed it still plans to introduce vaccine passports for nightclubs from the end of this month, to the frustration of the late night sector. There had been reports the Government could choose not to introduce the policy at the last minute as a bluff to drive up vaccinations among young people. However, the [...]
Betting boom: Gambling giant 888 UK revenues surge over 50 per cent September 1, 2021 Online gambling giant 888 has enjoyed an upbeat first half of the year as its total revenue has jumped 39 per cent, hinting that the lockdown betting boom is here to stay. The company pulled in $528.4m in the six months to 30 June, up from $379.1m in the first half of 2020 – carried [...]
‘Death by PowerPoint’: Next boss on Zoom and the future of remote work September 1, 2021 Next boss Lord Simon Wolfson has said endless video meetings risk “death by PowerPoint” as firms begin to feel the benefit of workers returning to the office. The retail chief, the longest serving chief executive across the FTSE 100, earlier this year likened Zoom calls to lectures – and yesterday warned digital conferences can become [...]
Dominic Raab prepares to face grilling from MPs over Afghanistan September 1, 2021 Dominic Raab will today face a grilling from MPs over how he handled the Taliban’s rapid takeover of Afghanistan and the subsequent evacuation of British nationals and refugees. The foreign secretary will face questions for 90 minutes from the Foreign Affairs Committee over intelligence failures relating to the takeover of Afghanistan, British nationals who have [...]
Drivers in the dark as new greener petrol introduced September 1, 2021 The UK has today introduced a new greener brand of petrol at forecourts across the station, but research suggests a quarter of drivers are unaware of the change. This morning E10, a blend of petrol with 10 per cent renewable methanol, became the standard grade of petrol. According to the Department for Transport (DfT), using [...]
Clubs infuriated by scant detail of vaccine passport proposals – CityAM : CityAM September 1, 2021 Downing Street confirmed it still plans to introduce vaccine passports for nightclubs from the end of this month, to the frustration of the late night sector. There had been reports the Government could choose not to introduce the policy at the last minute as a bluff to drive up vaccinations among young people. However, the [...]
Former HSBC boss John Flint lands UK Infrastructure Bank chief executive job – CityAM : CityAM September 1, 2021 John Flint, the former CEO of HSBC, has been appointed as the first chief executive officer of the new government-backed UK Infrastructure Bank. Chancellor Rishi Sunak has tasked Flint with leading the Bank’s mandate to identify and finance infrastructure projects as part of the government’s “levelling up” agenda. Also Read: Goodbye, John Flint: Why has [...]
Shakespeare on advertising: Deliveroo users set to fill their Boots September 1, 2021 Boots recently announced a partnership with Deliveroo that would see the health & beauty retailer’s products made available for delivery in 14 cities – including London, Birmingham, and Edinburgh. Data from YouGov BrandIndex shows that it looks like a savvy move for both brands. YouGov data reveals that if you’re someone who shops with Boots, [...]
