One Night In Miami – Muhammad Ali fiction shines a powerful light January 14, 2021 Based on the Kemp Powers play of the same name, Amazon’s One Night In Miami, a big hope for the 2021 awards season, is centred on the real life meeting of four African-American icons in the hours after Muhammad Ali’s (Eli Goree) 1964 title victory over Sonny Liston. Instead of partying, Ali met with friends [...]
Grab raises $300m to fund financial services expansion January 14, 2021 Southeast Asian ride-hailing app Grab has raised $300m (£220m) to help fund further expansion of its rapidly-growing financial services arm. The series A funding round was led by South Korea’s Hanwha Asset Management, while existing investors K3 Ventures and GGV Capital also participated. Grab, which also offers food delivery services, said the cash injection followed [...]
SRA backs down on high profile sexual misconduct case January 14, 2021 The Solicitors Regulation Authority (SRA) has decided not to appeal a High Court ruling that followed a high-profile case featuring jagerbombs, a magic circle law firm and alleged sexual misconduct. The SRA will not appeal a High Court ruling in favour of an ex-Freshfields partner who allegedly took advantage of a junior colleague. The SRA [...]
Brexit: Michel Barnier says new UK-EU border friction here to stay January 14, 2021 Much of the post-Brexit trade disruption and regulatory issues in the past two weeks will not be fixable, according to the EU’s chief Brexit negotiator Michel Barnier. Barnier said today that many things “changed for good” when the UK left the EU’s single market and customs union on 31 December, adding that “there are mechanical, [...]
London landlord Great Portland Estates confident capital will bounce back after Covid January 14, 2021 London commercial landlord Great Portland Estates reported that tenants have struggled to pay their rent due to the impact of lockdown measures on trading, but said the Covid-19 vaccination programme is the light at the end of the tunnel. December quarter rent collection was ahead of September levels, with Great Portland Estates receiving 77 per [...]
Post-Brexit delays are ‘teething problems’, says minister January 14, 2021 Environmental secretary George Eustice told the House of Commons earlier today that post-Brexit customs delays, currently heavily impacting Scottish fishing exports, are only “teething problems”. Scottish First Minister Nicola Sturgeon called the backlog “shameful” on Twitter last night, in a push for compensation for Scottish fishermen. Eustice said that the government will ‘remain open’ to [...]
Trevor Steven: It’s time for Manchester United to cut loose and show they deserve to lead the Premier League January 14, 2021 When Liverpool and Manchester United meet it is always a massive fixture for both clubs and their fans. But this Sunday at Anfield the match will have wider significance, due to United and Liverpool being first and second in the Premier League. It’s strange. A few weeks ago, the only discussion around United concerned Ole [...]
EY gender pay gap shrinks as ethnicity pay gap widens January 14, 2021 Ernst & Young has reported a 32.4 per cent gender pay gap among its staff, as at April 2020, and a nearly 37 per cent ethnicity pay gap. EY UK chairman Hywel Ball said the gender pay gap at the Big Four firm had improved by 4.7 per cent in the last year, which was [...]
Lotus and Alpine to collaborate on electric sports car January 14, 2021 Lotus and Alpine will combine their expertise to build an EV sports car. The collaboration may also extend to Formula E and endurance racing.
Martin Gilbert snaps up stake in ESG boutique run by former colleague January 14, 2021 City veteran Martin Gilbert has bought a stake in his former Aberdeen Asset Management colleague’s ESG boutique, Alquity. Gilbert stood down from Standard Life Aberdeen in March 2019 to join challenger bank Revolut as its chairman, but he has started to move back into the wealth management space. The investor has taken on several board [...]