Did fewer Christmas parties drive an end of year boom at Keystone Law? January 21, 2021 Keystone Law was surprised by a better than expected Christmas period this year, and is now expecting to report profit before tax of above market expectations. Full year revenues to 30 Jan 2020 were £49.6m, and analysts at Panmure Gordon are now anticipating FY21 revenues of £55m for the law firm, which will issue its [...]
Pound sterling at highest point against the US dollar in 2.5 years January 21, 2021 Pound sterling at highest point against the US dollar in 2.5 years
Transferwise picks banks ahead of blockbuster IPO January 21, 2021 Transferwise has reportedly picked two of Wall Street’s biggest banks to lead its London listing this year. The payments unicorn has hired Goldman Sachs and Morgan Stanley as joint global coordinators for its IPO later this year, Sky News reported. Transferwise secured a $5bn valuation following a secondary share sale last summer, cementing its place [...]
London developer extends stamp duty holiday to October January 21, 2021 London developer Galliard Homes has extended the stamp duty holiday by six months, with the property company footing the bill. The company has extended the holiday to 1 October, while the official government tax break ends on 31 March, amid industry-wide calls for the deadline to be delayed. Galliard Homes said the extension, which applies [...]
Glastonbury Festival cancelled for second year running due to coronavirus January 21, 2021 Glastonbury has been cancelled for the second year running due to the coronavirus pandemic, organisers confirmed today. The iconic music festival was scrapped last year due to the outbreak of Covid-19, with tickets automatically rolled over to 2021. But this year’s event will also not go ahead due to continued restrictions in place to halt [...]
Guildhall Yard site delivers 12,000 COID-19 tests January 21, 2021 The City of London Corporation is calling on people with COVID-19 symptoms to get tested and isolate as London continues to battle the spread of COVID-19. Guildhall Yard, the forecourt of the City Corporation’s headquarters, has been the Square Mile’s local testing site since October last year and new data shows it has so far carried out around 12,000 [...]
IRSG sets out financial services roadmap for UK’s G7 presidency January 21, 2021 The International Regulatory Strategy Group (IRSG) has set out its key areas of focus in financial services as the UK takes over the presidency of the G7 from the USA this month. The recovery from the COVID-19 pandemic, climate change and digital agenda will all be central to the UK’s presidency, including at the 47th G7 Summit [...]
UK fish exporters to get up to £100,000 each for Brexit disruption January 21, 2021 Britain’s fish and seafood exporters who have faced post-Brexit disruption at the border will be able to claim a maximum of £100,000 per business as a part of a new £23m fund. James Quinault – one of the top civil servants at the Department for Environment, Food and Rural Affairs (Defra) – told a parliament [...]
Cupra Formentor review: sporty SUV goes its own way January 21, 2021 The Cupra Formentor is the new premium Spanish brand's first standalone car. We put this SUV through its paces in top-spec VZ2 guise.
Landlord New River bucks trend to collect majority of retail rents January 21, 2021 Commercial landlord New River has bucked the high street trend and collected the majority of rent due in December due to the high number of essential retail tenants in its property portfolio. The real estate investment trust (REIT) said it had received 70 per cent of retail rents due for the fourth quarter, with 10 [...]
