London remains most desirable city in the world to live and work March 5, 2021 A study by Boston Consulting Group (BCG) and Totaljobs shows London remains the most attractive city to live and work in, despite uncertainty around Brexit and the Covid-19 pandemic. The Global Talent Survey was based on a study of over 200,000 participants in 190 countries. London appealed most to highly educated people and those working [...]
Fight for the high street: Sunak’s Budget will stop the bleeding, but we must look long-term March 5, 2021 For London’s struggling retailers and leisure operators, Rishi Sunak’s budget provided some welcome respite. The three month extension to the business rates holiday, the £5 billion Restart Grant scheme and the extension to the furlough initiative should enable some of the brands on the high street to survive, at least until they have the opportunity [...]
Mail on Sunday ordered to publish front-page statement over Meghan Markle privacy case March 5, 2021 The Mail on Sunday must publish a front-page statement about Meghan Markle’s victory in a privacy case against the newspaper, the High Court ruled today. A judge last month ruled that the tabloid had breached the Duchess of Sussex’s privacy and infringed her copyright by publishing extracts of a letter she sent to her estranged [...]
Best of travel: Rampaging through Dartmoor in an Aston Martin March 5, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Adam Hay-Nicholls’ tour through the rugged terrain of Dartmoor in an Aston Martin Vanquish. ••• It’s the tail-end of dusk in Devon and silence is broken. Thundering down the twisting A382 from Exeter to [...]
Number of new jobs in the US smashes expectations with 379,000 roles added in February March 5, 2021 Number of new jobs in the US smashes expectations with 379,000 roles added
Pop quiz: How much do you really know about German wine? March 5, 2021 At this time of the year my palate changes and I start craving more refreshing styles of wine. I always end up rediscovering German wines – like an album you played to death and haven’t heard since last summer. I love reconnecting with these wines. German wines have a bad reputation in the UK. I’ve [...]
Reddit appoints first chief financial officer amid IPO reports March 5, 2021 Reddit has appointed its first ever chief financial officer amid reports the company is considering a stock market float. The social media site, which has been at the centre of a recent retail trading frenzy, has tapped former Snap executive Drew Vollero to lead its finance team. Vollero, who was Snap’s first chief financial officer [...]
WeWork: Vaccine rollout must herald a phased return to offices before June March 5, 2021 Following the news the highly effective coronavirus vaccines would begin to be rolled out in Britain, the stock market surged on a wave of optimism and the hope a return to normal, and by extension, the workplace, was within our grasp. Alongside the roadmap out of lockdown, we can now see a light at the [...]
Tiktok leases new London HQ above Farringdon’s Crossrail station March 5, 2021 Tiktok has leased a new London office building above Farrington East Crossrail station, developer Helical announced today. The tech firm has taken on the entire six-storey Kaleidoscope development, which includes 88,500 sq ft of office space. The lease is for a 15 year term with a 10 year break clause, and includes a market rent [...]
Credit Suisse to wind down Greensill-linked funds as GFG ‘ceases repayments’ March 5, 2021 Banker Credit Suisse today said that it would wind down supply-chain finance funds worth around $10bn linked to embattled Greensill Capital. In a statement this morning the Swiss lender said it would start repaying investors around 80 per cent of the $3.7bn it has available. The decision came as Sanjeev Gupta’s GFG Alliance decided to [...]
