Westminster election results three times more ‘disproportionate’ than for London Assembly, says study August 2, 2021 Results for Westminster elections are three times more “disproportionate” than results for the London Assembly election results, according to a new study from a pro-electoral reform group. The Electoral Reform Society claims that across the past seven UK elections that the largest party has won 66 per cent of London seats on the basis of [...]
Fancy a Covid jab? Here are all the free walk-in vaccine sites open in London this week August 2, 2021 While every adult can now book their coronavirus vaccine online, there are still sites that accept walk-ins for those eligible. Some sites and times are only for those aged 40 or over, so be sure to check your eligibility. Find your closest site! The full list across London and their eligibility: Based in the South [...]
Boris Johnson tells Iran to ‘face up to consequences’ of its drone attack August 2, 2021 Boris Johnson has called for Iran to “face up to the consequences” of its drone attack on an oil tanker that killed two people. It comes after Iran’s ambassador to the UK was today summoned to the Foreign Office in the wake of the attack, which saw a British national killed. The UK has said [...]
Michael Spencer-backed fund raises $130m for B2B fintech push August 2, 2021 Fintech-focused venture capital firm Element Ventures has announced a $130m (£93.5m) fund to invest in b2b financial enterprise technology businesses. Michael Spencer, City grandee and founder of interdealer broker Icap, was the fund’s cornerstone investor. It comes after Spencer contributed at least £25m to the fund upon launching last year, via his investment vehicle IPGL. [...]
‘Green’ status should be default for most of world, say BA and Easyjet bosses August 2, 2021 The UK’s airline industry has called for more countries to be added to the “green list” for travel this week, and it should be the “default” for most places. Transport secretary Grant Shapps is due to update the current traffic light system for international travel later this week. In a letter to Shapps signed by [...]
Chapel Down boss to step down after 20 years at helm August 2, 2021 England’s biggest winemaker Chapel Down is preparing for a leadership shift as it announced today chief executive Frazer Thompson will retire next month. Andrew Carter, currently managing director at Chase Distillery, a vodka and gin producer set up by the owner of Tyrrells crisps, will succeed Thompson on 13 September. The designated CEO said he [...]
Meggitt shares keep flying high after Parker’s £6bn bid to buy August 2, 2021 British engineering firm Meggitt saw its shares rocket nearly 60 per cent on the London Stock Exchange this morning after US tech firm Parker tabled some £6.3bn for the firm. Shares were up an eyewatering 59.5 per cent just after opening but steadied to 54.6 per cent in its afternoon trading at 725.4p per share. [...]
JetBlue gears up to launch low-cost New York to London flights next week August 2, 2021 JetBlue is adamant its soon-to-launch London-New York route will be a success for the low-cost airline, despite launching amid a fragile recovery from Covid where restrictions change weekly. The American carrier debuts at London Heathrow on 11 August, shuttling passengers between the two global financial centres on daily flights. One daily return flight from Heathrow [...]
Medical cannabis company confirms £45m London SPAC listing August 2, 2021 Medical cannabis firm Hellenic Dynamics has confirmed that it will go public in London through a SPAC deal valuing the company at £45.2m. Through its reverse takeover deal with blank cheque vehicle UK SPAC Plc, the company will list on the LSE’s main market. Today’s announcement comes after City A.M. earlier this year revealed that [...]
Over 75% of nightlife businesses hit by isolating staff August 2, 2021 More than three quarters of nightlife businesses have been hit by staff being instructed to self-isolate, according to industry research. A Night Time Industries Association (NTIA) survey of more than 200 businesses found that 78% of bosses were struggling with staff off work in the seven days following 19 July, when lockdown restrictions ended. Masses [...]
