City of London waives fee for restaurant outdoor dining licences February 16, 2021 Restaurants in the City of London will not be charged in order to provide outdoor seating areas after Square Mile authorities extended its policy on free pavement licences. The City of London Corporation has today agreed to continue issuing pavement licenses free of charge for “suitable premises” for a further six months. Some of the [...]
Too much of a good thing: Are round-the-clock matches giving you football fatigue? February 16, 2021 As I’m sure most readers of this publication will be aware, one of the characteristics of money is that there is a limited supply of it. Scarcity equals value, and that’s something which the football world might soon need to take into account. The pandemic’s impact has condensed the football season and, for many of [...]
Best of travel: Gorilla conservation in Uganda February 16, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Noo Saro-Wiwa’s examination of gorilla conservation in Uganda ••• Standing in Bwindi Impenetrable Forest in south-western Uganda, I’m dodging a light hail of fruits being thrown down by gorillas in the trees above. The [...]
All eyes on dividends: What to expect from Barclays and Natwest this week February 16, 2021 Barclays and Natwest will be the first of the major high street banks to report full year results this week. It has been a difficult 12 months with Brexit weighing on sentiment in addition to the fallout from the pandemic. All eyes will be on dividend payments after the Prudential Regulation Authority effectively banned payouts [...]
Another City skyscraper approved ahead of planning brouhaha February 16, 2021 Another skyscraper is coming to the City of London, with a 33-storey building set to be built at 70 Gracechurch Street. Developers Tenacity – who last month received approval for a similar size development at 55 Gracechurch Street – received the thumbs up from the City Corporation Tuesday lunchtime. It is another welcome vote of [...]
New: Adidas confirms plans to sell Reebok brand February 16, 2021 Global sports brand Adidas has announced plans to sell its Reebok brand. The German giant bought the US firm for almost $4bn in the mid-noughties, as part of an effort to take on Nike in the States. In a statement released Tuesday lunchtime, Adidas said it would start a “formal process aimed at divesting Reebok.” [...]
Eurozone GDP fell as lockdown restrictions tightened ahead of Christmas February 16, 2021 Eurozone GDP fell as lockdown restrictions tightened ahead of CHristmas
Brothers in qualms: Goldman and Clifford Chance City bros charged with insider dealing and fraud February 16, 2021 Two brothers, one working for Goldman Sachs and the other for Clifford Chance, have been charged with insider dealing and fraud offences. Following an investigation, city watchdog the Financial Conduct Authority (FCA) has commenced criminal proceedings against Mohammed and Suhail Zina. The proceedings relate to six offences of insider dealing, and three offences of fraud [...]
The Government risks undermining the vaccine strategy with endless speculation and a charge towards Covid-Zero February 16, 2021 Boris Johnson is an optimist – a feature that has not always served him well throughout this pandemic. The litany of slipping timelines in 2020, from school openings to the First World War ‘over by Christmas’ tribute act, hasn’t given the public great confidence in Government announcements. But, with a vaccine being rolled out at [...]
Breaking: Bitcoin smashes through $50,000 February 16, 2021 BREAKING NEWS: Bitcoin value surges above $50,000.