Vote of confidence for London as Deloitte office sold to Hong Kong real estate business for £255m March 2, 2021 A large City of London office, used by Deloitte, has been sold to a Hong Kong-based real estate company for £255m. The 147,000 sq ft office, Athene Place at 66 Shoe Lane, recently underwent a full refurbishment before the sale. In June 2018 Henderson Park bought the space after Deloitte had vacated the building. The [...]
Financial services firms move £1.3 trillion to EU following Brexit vote March 2, 2021 Financial services firms move £1.3 trillion to EU following Brexit vote
For once, David Cameron was right March 2, 2021 He may not be everyone’s favourite former Prime Minister (and think of the competition), but David Cameron was right on the money when he urged the Chancellor not to raise taxes in next week’s Budget. Any tax hike now would choke a recovery before it has even begun. Speaking on CNN, Mr Cameron said increasing [...]
Sam Torrance: Megastar Collin Morikawa sharpening his game with saw grip; plus Viktor Hovland, Branden Grace and Tiger Woods March 2, 2021 I remember one of the first times I saw Collin Morikawa play, he was going head to head down the stretch with Matthew Wolff. Both were fresh out of college – this was Morikawa’s fourth start on the PGA Tour and Wolff’s third – so it was fairytale stuff. And although Wolff won the 3M [...]
Goldman Sachs, Citi, JP Morgan – the institutional roll call continues as Bitcoin spikes above $50,000 March 2, 2021 Goldman Sachs, Citi, JP Morgan - the institutional roll call continues as Bitcoin spikes above $50,000 and is looking strong for Q1 2021.
Budget 2021: Rishi Sunak to unveil £400m boost for culture and arts March 2, 2021 Chancellor Rishi Sunak will this week provide additional support for Britain’s ailing arts and culture sector as businesses prepare for reopenings in the coming months. In his Budget tomorrow, the chancellor will pledge £408m for museums, theatres and galleries to help them survive until the end of lockdown. Under the government’s plan for lifting coronavirus [...]
Ryanair flies just 500,000 people in February as travel restrictions continue March 2, 2021 Irish carrier Ryanair flew just 500,000 people in February as widespread coronavirus restrictions all but ended air travel. In the same month last year the airline carried 10.5m passengers, but over the last 12 months the pandemic has totally reshaped the aviation industry. Since last March, when the pandemic hit Europe, the airline has flown [...]
Glencore’s Australia mine expansion ‘threatens sacred sites’ March 2, 2021 Expansion at an Australian mine run by Glencore puts several sacred Aboriginal sites at risk, an inquiry heard on Tuesday. The head of a Northern Territory oversight authority said that a range of locations including a historical quarry were in danger. Glencore’s McArthur River Mine received approval from the territory’s mining minister last year to [...]
Boohoo unaware of potential US import ban over slave labour links March 2, 2021 Boohoo today said it had not been contacted by US customs authorities, following reports that America could block the fast fashion retailer’s imports over modern slavery allegations. The e-commerce giant said it had not “received any correspondence from, nor is it aware of any investigation by, US Customs and Border Protection”. It said it “will [...]
18 energy suppliers pay out £10.4m for overcharging customers March 2, 2021 Ofgem has this morning charged 18 energy suppliers, including British Gas, Shell, and Scottish Power, a combined £10.4m for overcharging their customers. In total, over 1m customers were wrongly charged £7.2m for firms’ failures to correctly protect customers’ tariff prices when they decided to switch supplier or tariff. The watchdog said that most of the [...]
