It may not feel like it but the greatest year of sport is almost upon us October 26, 2020 As we fast approach the end of the year we should all allow ourselves to look forward to crawling out of the dark cloud of Covid-19 and into 2021, the greatest year of sport ever. Euro 2020, the Tokyo Olympics and Paralympics, Twenty20 cricket World Cups, the Women’s Euros, a Ryder Cup, a Rugby League World [...]
Commercial rent collections buoyed by September’s short-lived return to offices October 26, 2020 Commercial rent collections started to recover in the third quarter due to the reopening of non-essential retail, offices and schools after lockdown. Real estate services firm Cushman & Wakefield said today that it had collected 77 per cent of rents owed to its clients on the 21st day after the third quarter due date. The [...]
Facebook takes on Google and Amazon with cloud gaming launch October 26, 2020 Facebook has launched a free cloud gaming feature on its platform, becoming the latest tech giant to move into the lucrative games market. The social media site today said users will be able to stream games such as Asphalt 9: Legends and PGA Tour Golf Shootout on the Facebook app and browser with no download [...]
Deserted city centres slowing Britain’s job recovery, research finds October 26, 2020 Deserted high streets and city centres are hurting Britain’s jobs recovery, with urban areas including central London suffering the steepest declines in vacancies. The latest research showed that seven months on from the introduction of the nationwide lockdown, work opportunities have failed to return to pre-pandemic levels across major UK towns and cities. London has [...]
Ant Group to raise $34bn in world’s biggest stock market debut October 26, 2020 Ant Group is aiming to raise up to $34.4bn (£26.4bn) in what will be the world’s largest ever initial public offering, stock market filings confirmed today. The Chinese fintech firm is set to raise $17.2bn in both Shanghai and Hong Kong through the mammoth dual listing. Ant Group set the price tag for the Shanghai [...]
Bombardier Belfast deal to complete this week October 26, 2020 A $1.2bn (£900m) deal for Bombardier’s Belfast facility will complete this week, a year after it was first announced. Kansas-based Spirit Aerosystems will purchase the Canadian firm’s Northern Irish unit – the largest employer in the region – along with facilities in Morocco and Texas. It now expects cash proceeds of $275m, 45 per cent [...]
Clarks kicks off restructuring talks with landlords October 26, 2020 High street footwear retailer Clarks has begun negotiations with landlords over store closures and rental agreements as it prepares to launch a restructuring plan. Clarks and its advisors will meet with retail property owners this week to discuss a company voluntary arrangement, which would allow the retailer to move to a “turnover rent” model linked [...]
Government risks ‘wasting taxpayer money’ through emergency loan schemes October 26, 2020 The chair of the Business, Energy and Industrial Strategy committee has criticised the government over its management of emergency loans for businesses affected by the coronavirus pandemic. Darren Jones MP warned that unless ministers “learn lessons” from initial rounds of support, they risk “wasting more taxpayer money”. In particular, he raised concerns over the fact [...]
The Ferrari Roma combines classic glamour with supercar performance October 26, 2020 It may be the most beautiful car on sale – and the driving experience lives up to the looks. Tim Pitt reviews the Ferrari Roma.
No Time To Die: James Bond studio hits back at reports of streaming release October 26, 2020 The Hollywood studio behind the James Bond film franchise has hit back at reports it is mulling a streaming launch for No Time To Die due to multiple delays to its release date. Metro-Goldwyn-Mayer (MGM) is said to have held discussions with Netflix, Amazon and Apple about a potential on-demand release for the 25th instalment [...]
