London-listed Seraphim injects $6.5bn into space tech in just six months – CityAM : CityAM August 12, 2021 Seraphim has injected $6.5bn into space tech in the past six months, 85 per cent of what it invested in the whole of last year. The total half-year figure spans 172 transactions, dwarfing the 221 the space investor secured in 2020’s full-year. The space tech sector experienced a record-breaking quarter in terms of financing in [...]
A quarter of staff not allowed time off to get Covid jab – CityAM : CityAM August 12, 2021 Covid vaccinations are crucial in rebuilding confidence in the economy and protecting people against the virus, however a quarter of workers were not given time off to get the jab, a new survey finds. Research by the public body Acas found one in four employers did not allow staff to take time off to not [...]
Tui says recovery has begun as bookings jump : CityAM August 12, 2021 Tui today reported its first cash positive quarter since the pandemic began as the relaxation of travel restrictions across Europe boosted holiday bookings. The Anglo-German firm said that it had made an extra 1.5m bookings in the period, with 4.2m people booked for the summer period in total. Also Read: Cineworld reports $580m loss after [...]
Grave impact of pandemic on English football laid bare by report but US investor appetite grows August 12, 2021 A report published by accountancy firm BDO has displayed the impact of the Covid-19 pandemic on English football clubs. The BDO report, which surveyed the finance directors from the top four leagues, found that more than 80 per cent of clubs accessed the furlough scheme, while 70 per cent deferred tax payments. The impact of [...]
UK GDP up 4.8 per cent in second quarter : CityAM August 12, 2021 The UK economy grew at a rate of 4.8 per cent in the second quarter, data from the ONS said today, as the bounce back from the coronavirus pandemic continues. As a result, GDP is now 4.4 per cent below where it was in the last quarter of 2019, before Covid-19 struck. Also Read: PwC [...]
Blackstone: As streaming services climb and climb, there is a race for space for film production August 12, 2021 Britain is known across the globe as a hub for the creative industries – and one of the best places to make film and television. It has a rich history, with productions from Harry Potter and James Bond, to Indiana Jones and Star Wars dazzling audiences across the world. It’s also an industry undergoing extraordinary [...]
Pandemic space race: Flats are back but prices are slow to catch up with detached homes August 12, 2021 The average price of a flat has climbed just one per cent since the start of the pandemic, while detached homes have jumped by 10 per cent, according to the latest data. The data, from property website Rightmove, suggests that Brits’ property choices have been permanently changed by the pandemic. When Covid-19 brought three national [...]
Low earners bear the brunt of job cuts in high pay packet areas August 12, 2021 Areas of the UK that house people on higher pay packets have registered some of the steepest falls in jobs during the Covid crisis, reveal brand new figures released today. Research from the Resolution Foundation shows Westminster in central London, the area of the UK with the highest average earnings, experienced a 3.6 per cent [...]
Big screen bonanza: Londoners set for film fest with free Trafalgar Square screenings August 12, 2021 Trafalgar Square will play host to a string of free film screenings later this month as part of a major campaign to bring people back into London and boost the UK film industry. Over the Bank Holiday weekend Londoners and visitors will be able to enjoy the red carpet experience with six free matinee and [...]
How accountancy can take the lead when it comes to inclusive workplaces August 12, 2021 This article first appeared in ICAS’ CA magazine. As CEO of Stemettes, Anne-Marie Imafidon is on a mission to ensure that careers in Stem are open and welcoming to all. She explains how accountancy can take the lead when it comes to inclusive workplaces Introduction: Laurence Eastham Anne-Marie Imafidon MBE has parlayed her beginnings as a [...]
