Airbnb vows to tackle unscrupulous landlords amid staycation boom August 6, 2021 Airbnb has pledged to crack down on instances where landlords unfairly evict their tenants and go on to list the property on the platform. The holiday rental business said it would investigate cases of unscrupulous landlords brought to its attention by relevant authorities. Landlords caught to be listing their properties as holiday rentals after unfairly [...]
CNN fires three employees for going to the office without being vaccinated August 6, 2021 Three employees at US news outlet CNN have been fired for coming into their office without having had a Covid-19 vaccine. According to a company memo from President Jeff Zucker, the firm has a zero-tolerance policy for such incidents. Staff either wishing to come into the office or to work in the field with other [...]
Supermarket sweep: The fight for Morrisons heats up with Fortress increasing offer to £6.7bn August 6, 2021 The battle for control of one of the UK’s biggest supermarkets, Morrisons, has stepped up a notch today, with Fortress increasing its bid to £6.7bn. Fortress increased its offer to £6.7bn, or 272p per share when a 2p per share dividend is included, from £6.3bn earlier. The private equity consortium said said it “notes the [...]
England Covid-19 prevalence falls to one in 75 August 6, 2021 One in 75 people in England had Covid-19 last week, a lower percentage than the previous week, in yet another sign that new cases of the disease could be levelling off. According to the Office of National Statistics, an estimated 722,300 people had coronavirus last week. For the prior period, one in 65 people were estimated [...]
Crypto AM Daily in association with Luno August 6, 2021 Crypto at a glance with Jason Deane It “feels” like Bitcoin has been busy over the last few days, yet we find ourselves pretty much back where we were this time last week, price wise at least. Of course, for many of us, short term price is completely irrelevant since we’re so focussed on where [...]
London compared: How hard has your borough been hit by Covid-19? August 6, 2021 Almost three weeks after the majority of restrictions were lifted in the UK on “Freedom Day”, City AM analysis has revealed which London boroughs suffered the most Covid deaths during the last year of the pandemic. From the onset of the pandemic in March 2020 to when the UK’s third lockdown began to wind down [...]
House prices rise but annual growth slows to 7.6 per cent as ‘steadier period’ predicted August 6, 2021 Houses prices rose again in July but slower annual growth suggests the market may be ‘cooling’, according to Halifax House Price Index data published today. The average cost of a property in the UK is now £261,221, up 0.4 per cent from June, adding £1,122 to the price of an average house. Annual growth fell [...]
To infinity and beyond – for $450,000, Virgin Galactic says August 6, 2021 Sir Richard Branson’s Virgin Galactic will charge passengers $450,000 (£323,500) for a seat on one of its space flights, the firm has announced. The company reopened ticket sales last night, just weeks after its founder successfully completed a flight to the edge of space. At $450,000, tickets are now twice the price paid by 600 [...]
Former Bain consultant hired by Pope to evaluate a Vatican administrative office August 6, 2021 Pope Francis has reportedly brought on a former Bain & Company consultant to help execute a new reform package in the Vatican. Pier Francesco Pinelli, now a partner at an Italian consulting firm, spent seven years as a senior manager at the big three firm’s Italian wing. Chicago’s Cardinal Blase Cupich was asked by the [...]
More than 17,000 outdoor seats added to English streets in al-fresco boom August 6, 2021 Pubs and restaurants have made space for more than 17,000 extra customer seats outside with Westminster processing one third of total pavement licence applications. More than 3,300 fast track applications for pavement licences were lodged by cafes and restaurants as ministers pledged to slash red tape and make the process cheaper and quicker. PwC analysed [...]
