Plan a post-lockdown escape at the stunning Sopwell House in St Albans November 2, 2020 THE WEEKEND: Serious me-time in the UK’s first private member’s spa, handily attached to luxury country house hotel Sopwell House. You can spend the entire weekend in a dressing gown without skipping the gourmet food, stylish surroundings and decent cocktail menu every suitably indulgent weekend break needs – especially after another month of being confined [...]
Softbank Vision Fund dealt another blow with boardroom exodus November 2, 2020 After a year of hefty losses, Softbank is now dealing with an exodus of executives at its $100bn Vision Fund. The Japanese conglomerate plunged to its worst ever annual performance in March after recording a huge $18bn loss for the Vision Fund. It bounced back in August after strong performances by its tech investments. Softbank [...]
How to make the most of the last pre-lockdown days, from a US election party pack to a prohibition jazz night November 2, 2020 During any other year, this would have been among the busiest weeks of the social calendar. Halloween parties would have spilled into US election parties, which would have led into Bonfire night, and before you know it, the weekend is upon you again. Instead, we have the bleak prospect of yet another lockdown. But try [...]
Boris Johnson doubles support for self-employed during new lockdown November 2, 2020 Prime Minister Boris Johnson has announced a doubling of support for the self-employed during England’s new coronavirus lockdown and an extension of the deadline for government-backed business loans. Johnson addressed the House of Commons this afternoon after announcing a month-long lockdown on Saturday. MPs will vote on the new measures on Wednesday, with both Labour [...]
AJ Bell launches first sustainable fund of ETFs November 2, 2020 Investment platform AJ Bell has launched its first sustainable fund investing in “responsibly screened” ETFs . The AJ Bell Responsible Growth Fund will invest in ETFs which remove stocks from controversial companies such as tobacco or alcohol. Any firm that breaches the UN Global Compact, which implements sustainable principles, will also be excluded. “Once these [...]
Sport rights set for devaluation as the industry reaches its Napster moment November 2, 2020 Alongside all the other ways Covid has disrupted our economy and lives, it might be set to have a dramatic impact on the value of sport rights. Some 83 per cent of executives, representing 4bn sports fans globally, believe that media rights have reached a high-water mark, a recent Seven League study found. These executives [...]
FTSE 100 closes higher and US stocks rise despite fresh coronavirus lockdowns November 2, 2020 The FTSE 100 rebounded strongly from a terrible last week and US stocks jumped as investors rediscovered some optimism ahead of the US election and key central bank meetings. London’s main stock index was 1.4 per cent higher at 5,654 points by the close of trade, despite the imposition of a new national lockdown. The [...]
Trader convicted of rigging Libor to be released from prison in January November 2, 2020 Tom Hayes, a former UBS and Citigroup trader convicted of rigging the Libor benchmark, is to be released from prison in January after more than five years. Hayes, who was convicted of rigging the London interbank offered rate (or Libor) in 2015, will be released on 29 January, according to his lawyer. The 41-year-old has [...]
Donald Trump and Joe Biden blitz battleground states in final day of US election campaign November 2, 2020 WASHINGTON, D.C. -Donald Trump and Joe Biden will make one final push in key battleground states today just 24 hours out from US election day. Biden will be concentrating most of his efforts on the state of Pennsylvania, starting in Beaver County in the state’s west and ending with the former Vice President holding a [...]
A Scottish expedition: Falling in love with the Hebrides November 2, 2020 “Do you want to head for the shark or the dolphins?” As questions go, it’s not a bad one. In the distance to the right of us, the two fins of an 8-metre basking shark wobble gently from side to side as the extraordinary creature gorges on krill. To the left, coming closer, the tell-tale [...]