Lidl pays back £100m in business rates relief December 4, 2020 Budget supermarket Lidl has joined the Covid repayment train in announcing it will pay back millions in business rates relief it received at the start of the pandemic. In March, the supermarket sector along with other retail, hospitality and leisure businesses in England, was granted a business rates holiday for 12 months. Lidl today said [...]
Sadiq Khan launches £1m Resilience Fund for London’s post-pandemic recovery December 4, 2020 The Mayor of London announced the launch of a £1m Resilience Fund, partnering community groups and innovation experts to tackle London’s most pressing challenges. The Resilience Fund will be delivered in partnership with Nesta Challenges, an innovation foundation. Local authorities, public agencies, social enterprise will be asked to identify specific challenges they need solved. Sadiq [...]
Covid-19: This is the London Tube line with the worst rate of wearing face masks December 4, 2020 Covid-19: This is the London Tube line with the worst rate of wearing face masks
Berkeley Group’s belief in London is ‘resolute’ despite pandemic hit December 4, 2020 Berkeley Group has reaffirmed its commitment to London even as its profits took a hit from pandemic uncertainty. Chief executive Rob Perrins said the company’s “belief in London and our developmetn approach is resolute” as it reported its interim results. The company has acquired three sites in London this year – Borough Triangle in Southwark, [...]
ETP and gold flows December 4, 2020 Twenty-one percent of all dollars in circulation were printed in 2020 a number that tends to be mentioned a lot by monetary policy doomsayers and Bitcoin maximalists alike; on the other side of the fence, arguments are that inflation is nowhere to be seen, let alone hyperinflation. With interest rates expected to remain near record [...]
Game of Alts December 4, 2020 Beacon of Future Hope The focus may be on Bitcoin and its seemingly inevitable run up to $20,000, but Ethereum looks particularly well-positioned for further upside. Fundamentally, the absence of any major network issues following the launch of the 2.0 Beacon chain supports bullish price outlook. Technically, $620 is proving to be the key level [...]
Crossrail employs 140 drivers on £62k more than a year before line is due to open December 4, 2020 Crossrail has employed 140 drivers to operate its trains in central London, even though trial runs will not start until next year. Drivers’ union Aslef confirmed that pay for Crossrail drivers is set at £62,533 per year with a 2 per cent pay rise due to come into place next April. Transport for London (TfL) [...]
Screenshot: Can social media win the anti-vax war? December 4, 2020 A weekly column from City A.M. bringing you all the biggest stories and trends in technology, media and telecoms This week **Media Moment of the Week: A very British scandal **Social media gears up for the vaccine information war **How data dominates financial markets Media Moment of the Week It was quite possibly the most [...]
Pets at Home becomes latest retailer to return business rates relief December 4, 2020 Pets at Home has joined the Covid repayment train and joins some of the UK’s biggest retailers in handing back millions of pounds in business rates relief. In March, all retail, hospitality and leisure businesses in England were given a business rates holiday for 12 months. But after a bumper year of sales on the [...]
FTSE 100 opens higher despite deadlock in Brexit talks December 4, 2020 The FTSE 100 opened higher this morning outperforming its European peers as Brexit remains in focus. London’s blue chip index climbed 0.7 per cent on the open to 6,535 poins, while the FTSE 250 of midcap companies rose 0.17 per cent. Brexit talks have stalled somewhat despite promising signs at the start of the week. [...]
