Why poitín, Irish moonshine that was illegal until 1997, could be the next big thing March 8, 2021 “It’s Ireland’s original national drink,” says sixth generation independent poitín producer Padraic O’Griallais. He uses the 17O-year-old recipe of his great great-great-grandfather Mical Mac Chearra from Connemara to distill his own version of “Irish moonshine”. The recipe, which includes Connemara ‘bog bean’ is realised in the first legal Poitín distillery in Galway. First distilled by [...]
Two-thirds of world’s original rainforest now destroyed or damaged March 8, 2021 An estimated two-thirds of the world’s original tropical rainforest has been degraded or destroyed by people, new data has revealed, sparking concern that a vital natural buffer against the climate crisis is disappearing quickly. As well as providing protection against the impacts of climate change, the loss of forest has also majorly contributed to climate-warming [...]
Jersey regulator criticises Neil Woodford’s comeback March 8, 2021 Jersey’s financial regulator has attacked Neil Woodford’s attempts to stage a comeback saying the island cannot be used as a “back door” to restart his career. The disgraced former stockpicker announced plans to launch WCM Partners, a new biotech focused outfit in Jersey and Buckinghamshire last month. But the Jersey Financial Services Commission, which has [...]
This IWD, meet the women changing the booze industry March 8, 2021 The world of beer, wine and spirits has also been dominated during our lifetime by men, with phallocentric brands including Jack Daniels and Johnnie Walker aimed squarely at male drinkers. But it wasn’t always so – for thousands of years brewing was undertaken by women. And as we celebrate International Women’s Day (IWD), there are [...]
Exclusive: London pubs, restaurants and hotels to claim almost £200m in restart grants March 8, 2021 London pubs, restaurants and hotels are set to receive almost £200m in extra government grants to help them reopen after the latest coronavirus lockdown. Around 13,000 hospitality businesses across the capital will be eligible to claim £184.2m in the restart grants, City A.M. can reveal. Research by real estate adviser Altus Group showed 3,632 pubs [...]
Brexit: UK may delay border checks on food coming from EU March 8, 2021 The UK is considering plans to postpone the start of border checks on food coming from the EU past April in a bid to better prepare businesses for post-Brexit changes. New cabinet minister, and Boris Johnson’s former Brexit negotiator, Lord David Frost has asked Whitehall officials to draw up plans to change the timetable to [...]
All Greek to me: Apollo snaps up insurance giant Athene in $11bn US mega-deal March 8, 2021 All Greek to me: Apollo snaps up insurer Athene in $11bn US mega-deal
Horse racing must embrace innovation to build a prosperous future – and this is the perfect time to start March 8, 2021 British horse racing is facing financial challenges and, as with many sports, has suffered a heavy toll during the pandemic. As the country’s second biggest spectator sport, the exclusion of racegoers has cost around £300m, the British Horseracing Authority (BHA) estimates. A review of the Betting Levy is seen as one way of addressing Covid-19-induced [...]
Lawyers know best: Is it time law firms left the LLP behind? March 8, 2021 Recent legislative changes have paved the way for new, alternative structures in law firms, a sector that was previously dominated by traditional partnerships and LLPs – limited liability partnerships. Alternative business structures (ABSs) – which allow non-lawyers to have a financial stake in a firm – have grown in popularity throughout the 2010s, and for [...]
Covid was the final lever for the creative destruction of the high street: it’s not gone, just changing March 8, 2021 If you believe some of the gloomier predictions, the high street is on life support and will breathe its last when the government eventually pulls the plug on the comprehensive Covid relief package that has kept it alive. Last week’s budget offers another lifeline but is, in effect, a stay of execution in a process [...]
