Leaseholder victory: Countryside to remove ground rent doubling terms after CMA action September 15, 2021 Developer Countryside Properties has struck out terms meaning ground rents double every 10 to 15 years, after a watchdog’s instruction Leaseholders’ ground rents will stay at the amount charged when they first bought their home, following action by the Competition and Markets Authority (CMA). The Big Four developer has voluntarily given formal commitment to removing [...]
Tower Hamlets council approves plan to build shopping mall on Brick Lane : CityAM September 15, 2021 Controversial plans to build a shopping mall on the site of the historic Truman Brewery on Brick Lane have been given a green light. At a meeting of the Tower Hamlet Development Committee yesterday councillors voted 2-1 in favour of a proposal to redevelop the Brewery as a five story office building and retail space. [...]
Lights out for two more energy firms amid record power prices September 15, 2021 Two more energy suppliers have gone bust, leaving 500,000 customers needing a new provider, amid record prices for electricity and gas. Both Utility Point and People’s Energy have ceased trading, Ofgem has announced, the sixth and seventh energy companies to do so this year. Bournemouth-based Utility Point provided power to 220,000 customers, while London’s People’s [...]
Over 80 campaigners block motorway for a second time demanding the government insulate Britain September 15, 2021 Climate campaigners brought chaos to Britain’s roads again this morning, sitting in the path of traffic for the second time in a matter of days. Some 89 people from Insulate Britain blocked roundabouts and a carriageway on the M25 early this morning. Insulate Britain says action will continue until the government makes a meaningful commitment [...]
TikTok to offer mental health resources following damning Instagram report September 15, 2021 TikTok has announced it will roll out wellbeing resources after a damning report revealed the impact of social media on teenagers mental health. The company, which has previously been criticised for hosting creators who offer dubious advice on mental health, will direct users to suicide prevention resources and guides on eating disorders. The social media [...]
GTO Engineering California Spyder review: Hollywood glamour, Italian soul September 15, 2021 The latest car from GTO Engineering is a recreation of the classic Ferrari 250 SWB California Spyder. It’s as glorious as it looks.
Five thought-provoking books we’ve read in 2021 September 15, 2021 Book clubs aren’t just a way to while away a pleasant hour with friends as you discuss Jane Austen or Julian Barnes over a glass of wine. Our emerging market equities team has established a book club to seek investment insights from beyond the everyday sources. We hope it will spark discussion, and nurture a [...]
Prisoners of The Ghostland – more Nicolas Cage madness September 15, 2021 The poster for Prisoners of The Ghostland features a surprising quote – not from a critic or an enthusiastic viewer, but from the star Nicolas Cage himself, who calls it “The Wildest Movie I’ve Ever Made”. When you consider some of the offbeat choices the Oscar winner has made, that’s a powerful claim. He plays [...]
Universal Music boss Lucian Grainge locks eyes on $150m IPO pay out September 15, 2021 Universal Music’s stock market debut next week it set to land its boss Lucian Grainge an around $150m pay out, while he also cashes in on his Tencent investment. The British record label mogul, who nearly died of Covid-19 last year, is to receive the $150m through a “transaction bonus”, if the listing secures a [...]
John Lewis to recruit 7,000 Christmas jobs September 15, 2021 John Lewis is recruiting more than 7,000 temporary roles across the UK in the run up to Christmas. The retailer is looking to hire 2,000 more workers than last year to meet increased demand. The hiring spree comes as retail bosses have expressed concern about the long-term impact of ongoing supply chain disruption including labour [...]
