UK e-commerce sector ranks third in the world July 22, 2021 The UK’s e-commerce sector ranks third globally when comparing sales to national GDP. According to BNPL platform Butter, The UK’s e-commerce retail sales total up to $180bn dollars, which equates to 6.7 per cent of the nation’s GDP of $2.7 trillion. The world’s biggest e-commerce retail market is China, which generated $2.3 trillion through online [...]
Go-Ahead Group names Transdev exec as new boss July 22, 2021 Go-Ahead Group has today named Christian Schreyer as its new chief executive following the departure of long-serving boss David Brown. German national Schreyer, who is currently the chief executive for central and north Europe at public transport operator Transdev, will take over on 1 November. Prior to that, he worked for Deutsche Bahn group for [...]
Night of violence: Multiple stabbings across London in last 24 hours July 22, 2021 London saw several acts of violence in the last 24 hours, leaving one man dead and two women in hospital as a result of knife crime. In south London, a man believed to be in his 20s has died following a stabbing close to Brixton Underground station around 8:45pm. Despite paramedics’ efforts, the victim was [...]
One in four parents worried ending furlough will hit their jobs July 22, 2021 With the furlough scheme set to end in September, many families are left worried about finances; as 41 per cent of families with children believe the Government should extend the scheme because of the financial hardships they may face. 25 per cent of parents are concerned that the end of furlough will hinder job prospects, [...]
Three new gins that prove small-batch distilling is alive and well July 22, 2021 You may have thought that the hand-crafted gin market had run out of USPs but three new small-batch gins show there is no drought of new ideas. New Zealand’s Scapegrace Gin, just launched in the UK, is the first black-ish gin. Because of botanicals including aronia berry, butterfly pea, saffron, pineapple and sweet potato, it [...]
City’s law firms navigate choppy pandemic seas with aplomb July 22, 2021 Despite the disruption caused by Covid-19, City law firms have continued to display strong financial results as senior partners head off on long-awaited summer breaks. Ashurst, currently advising Morrisons on a £6.3bn takeover, saw their revenue rise 10 per cent from £644 million to £711 million. Additionally, profit per equity partner rose 15 per cent [...]
Carbon capture development costs could surpass £40bn by 2035, trade body says July 22, 2021 The cost of development of clean hydrogen and greenhouse gas removals could surpass £40bn by 2035, according to a new report by the UK’s carbon capture trade body. The report by the Carbon Capture and Storage Association (CCSA), found that around 85 per cent of the lofty cost is expected to be spent on onshore [...]
Archie Norman granted £1.75m ‘singing-on’ fee to join board of Bridgepoint July 22, 2021 Chairman of M&S Archie Norman has been offered a rare signing-on fee of £1.75m to join the board of newly floated buyout group Bridgepoint as the senior independent director. As Bridgepoint took the unusual step of listing on the London Stock Exchange on Wednesday, Norman’s onboarding fee was buried in registration documents detailing the terms [...]
Musk back in for Bitcoin? July 22, 2021 Having dipped briefly below $30,000 on Monday as the wider markets crashed, the Bitcoin price has rebounded back towards $32,000 today.
English rugby chiefs to offer mouthgard technology to all clubs and open brain clinic as part of concussion action plan July 22, 2021 English rugby chiefs have today announced a new action planned aimed at reducing concussion risk within men’s and women’s professional rugby. The move comes amid mounting pressure on the The Rugby Football Union (RFU), World Rugby and the Welsh Rugby Union as concerns grow over the impact of contact sports on the brain. Nine former [...]
