Get your lockdown foodie kicks with a YORStory Zoom night February 2, 2021 As the current lockdown drags into its third month, simple pleasures like a meal at a restaurant or a trip to the pub are becoming increasingly distant memories. For those of you desperate for gustatory experiences and human contact, YORStory has launched a weekly series of food and drink themed workshops to rescue your Thursday [...]
Gimme belters: Music rights firm Round Hill snaps up Rolling Stones and Beatles tracks February 2, 2021 Round Hill has made its first acquisition since floating on the London Stock Exchange, snapping up a catalogue of songs from hit artists such as the Beatles and the Rolling Stones. The music royalties group splashed out $282m (£206m) on the portfolio, representing 86 per cent of the capital it raised after floating in November. [...]
Octopus snares Ofwat chief executive as rapid growth continues February 2, 2021 Fast-growing energy firm Octopus has lured Ofwat chief executive Rachel Fletcher away from the water regulator, it was announced today. Fletcher, who spent three years at Ofwat, will become the challenger brand’s director of regulation and economics. Octopus is one of the UK’s fastest growing companies, and last year acquired the rare “double unicorn” status [...]
Alibaba beats revenue forecasts as China crackdown looms February 2, 2021 Alibaba beat revenue expectations for the third quarter as the ecommerce giant continued to benefit from higher demand during the pandemic despite a looming crackdown by Beijing. Total revenue hit 221bn yuan (£25bn) in the last three months of 2020, up 37 per cent year on year. This was driven by record revenue of 195.5bn [...]
Ferrovial in new attempt to offload Amey February 2, 2021 Spanish infrastructure firm Ferrovial has getting ready for a second attempt at a sale of outsourcing firm Amey. Sky News reported that the firm had appointed Morgan Stanley to run the sale, which comes two years after a prior attempt to sell the services group. The company is one of the UK’s biggest outsourcing firms, [...]
Revealed: The London bus drivers ‘abandoned’ to the pandemic February 2, 2021 London bus drivers have told City A.M. they were “abandoned” by their employers and unions alike and forced to fend for themselves as the coronavirus pandemic swept across the UK. Speaking on condition of anonymity, a number of drivers revealed to City A.M. the personal risks to which they have been exposed while keeping essential [...]
UK fishermen to be hit with permanent ban on selling shellfish to EU February 2, 2021 The UK’s fishermen have been warned they face a permanent ban of selling some types of shellfish to the EU as they no longer conform to the bloc’s safety standards. The post-Brexit ban is set to include oysters, mussels, scallops, cockles and clams. It comes after thousands of tonnes of British shellfish has been unable [...]
Global business travel to grow a fifth this year February 2, 2021 Global business travel spending will begin to recover this year but will not return to pre-pandemic levels until the middle of the decade. According to the Global Business Travel Association (GBTA), spending will increase 21 per cent this year to $842bn (£615bn). The increase comes after spending fell more than half in 2020 due to the pandemic. The [...]
University students to receive share of £50m funding amid Covid disruption to teaching February 2, 2021 Universities are set to receive an additional £50m to support financially struggling students amid mounting backlash over continuing fees during the pandemic. The new funding, which comes on top of a £20m package offered to disadvantaged students in December, follows a slew of rent strikes and protests from students. Many have asked for rent on [...]
UK betting giant Entain takes punt on Tabcorp as it eyes up Australian market February 2, 2021 Ladbrokes owner Entain has today announced that it has made an offer for betting firm Tabcorp Holdings’ wagering and media business. The non-binding indicative offer signals a desire from Entain to expand its services in Australia by becoming the country’s biggest betting company owner. Entain already has a small presence in the Australian betting market [...]
