Mesut Ozil joins US venture capital firm Class 5 Global November 2, 2020 Mesut Ozil is moving into the world of investment joining San Francisco-based VC firm Class 5 Global, as he looks to a career beyond football. The Arsenal midfielder joins the firm as a strategic adviser having already been an investor in Class 5 Global, according to Bloomberg. “I am excited to shape and work on [...]
Sadiq Khan pushes for extension on business rates holiday for retail, leisure and hospitality businesses November 2, 2020 London mayor Sadiq Khan has written to the housing secretary Robert Jenrick to request an extension to the business rates holiday for retail, leisure and hospitality businesses, which was due to end in March 2021. In a joint letter with the Chair of London Councils, Khan requested an extension to the rates holiday, which was [...]
Goldman Sachs and Deutsche Bank return London staff to home working November 2, 2020 Goldman Sachs and Deutsche Bank are to return non-essential staff in their London offices to home working ahead of the introduction of a new coronavirus lockdown in England on Thursday. Several major banks had been encouraging staff to return to their London offices in recent months following the relaxation of initial lockdown measures, but news [...]
Johnny Depp lawyers vow to appeal ‘perverse and bewildering’ libel verdict November 2, 2020 Lawyers for Johnny Depp have vowed to appeal a “perverse” ruling after the actor lost his libel case against the Sun newspaper over an article that branded him a “wifebeater”. A judge today ruled in favour of the Sun after a dramatic courtroom showdown that revealed the intimate details of his relationship with ex-wife Amber [...]
Easyjet boss Stelios loses Telegraph libel case over ‘strawmen’ claim November 2, 2020 Easyjet founder Stelios Haji-Ioannou has lost his libel case against the Daily Telegraph over an article that disputed the outspoken founder’s claims about three shareholders. The suit related to an article published in May in which Telegraph journalist Ben Marlow wrote that the budget airline boss was engaging in “increasingly wild conspiracy theories”. The article [...]
Purplebricks shares jump as estate agent expects to beat profit forecast November 2, 2020 Shares in Purplebricks jumped this morning as the online estate agent said it expected to post strong profit for the first half of the year following a jump in new instructions after lockdown restrictions eased. The firm’s share price was up more than five per cent this morning after it said new instructions in the [...]
Oil prices continue slump as lockdown restrictions increase November 2, 2020 Oil prices continued last week’s plunge this morning as increased coronavirus restrictions came into effect around the world. Prices have fallen sharply over the last week over fears that new lockdowns will cause a decrease in fuel demand. Worldwide standard Brent crude dropped 2.3 per cent to trade at around $37, while US benchmark West [...]
How Blockchain works in daily life. The family Sunday roast November 2, 2020 There’s nothing quite like a Sunday roast with the family. In these extraordinary times, the occasion is perhaps even more precious, rare and cherished. Sitting on the train on the way to Hampshire, I wondered how blockchain might be working in the background to make my Sunday simpler, safer and more enjoyable. Everything would have [...]
Travel may be banned once more, but the City of London continues to look outwards November 2, 2020 Overseas travel is set to be heavily curtailed once again over the coming weeks. But despite this restriction, international trade will remain a vital driver for the global economy as it emerges from the shadow of the pandemic. In particular, the green revolution and transition to digital offer huge investment opportunities worldwide as we look [...]
