Hello Fresh pushes ahead with expansion plans after surge in demand November 3, 2020 Meal kit delivery firm Hello Fresh is pushing ahead with expansion plans due to a surge in demand during the coronavirus pandemic. The company said it delivered 162m meals during the third quarter, a jump of 135.1 per cent compared to last year, and has expanded its product offering with more vegetarian options. Revenue jumped [...]
IP-Off? Shanghai Stock Exchange suspends Ant Group’s listing November 3, 2020 The Shanghai stock exchange has suspended Ant Group’s public listing, which was set for Thursday. The Chinese fintech firm was set to raise $34.4bn in both Shanghai and Hong Kong through the mammoth dual listing. Ant Group set the price tag for the Shanghai leg of the float at 68.8 yuan (£7.88) per share, while [...]
Made in Dagenham: Hollywood real estate firm to build new east London film studios November 3, 2020 A Hollywood real estate firm that owns studios where classics such as Citizen Kane and Gone With the Wind were filmed will invest £300m in a major new production complex in east London. Hackman Capital Partners (HCP) will take control of the construction of Eastbrook Studios, a new film and TV hub spread across more [...]
Betfair: Get set for trading as the US election finally arrives November 3, 2020 Get set for the biggest night in political betting history. £300million has now been traded on Betfair’s Next President market, beating the all-time record, including sports, by more than 50%. That includes the largest ever single stake – £1m on Biden at 8/15. Even bigger action is yet to come. In 2016, £75m out of [...]
We’re shaken and stirred in 007’s new Land Rover Defender November 3, 2020 We drive one of the Land Rover stunt cars from No Time to Die, then sample the new Defender 90 on and off the road.
Mining firm Antofagasta has least equal male-female board split in FTSE 100 November 3, 2020 Mining company Antofagasta has been named the FTSE 100 firm with the least gender diverse board, with 80% of directors at the firm being men.
Four Italian wines to help get you through lockdown November 3, 2020 On the day we ordinarily congregate to celebrate the foiling of Guy Fawkes’ infamous gunpowder plot, we will instead be locked inside wondering how our government has Fawked things up so much. Referring to himself by Italian version of his name, Guido, Fawkes was inspired by his tour of the continent and indeed Italy. How [...]
Deloitte Legal acquires London tech and digital media law firm November 3, 2020 Deloitte Legal will acquire technology and digital media law firm Kemp Little, adding 29 partners and up to 57 lawyers in the process.
New BBC drama turns spotlight on City work pressure November 3, 2020 The BBC is turning its attention to the City with a new drama that documents the lives of university graduates battling the pressures of a cut-throat career in finance. The series, called Industry, is set at the fictional investment bank Pierpoint, where five fresh-faced grads are subjected to gruelling hours and brutal bosses as they [...]
Crest Nicholson shares soar after housebuilder hikes profit expectations November 3, 2020 Shares in Crest Nicholson soared this morning after the housebuilder hiked its profit forecast following strong sales after coronavirus lockdown restrictions were lifted. The FTSE 250 firm said adjusted profit before tax is expected to be significantly ahead of the previous forecast of £37.9m, at around £45m. The London-listed developer’s share price surged more than [...]