London film studio reveals ambitious plans to broadcast from space by 2024 January 20, 2022 A London entertainment studio has ambitious plans to film the first-ever movie in space – which could come to fruition before the end of the decade. Space Entertainment Enterprise (SEE) is currently co-producing Tom Cruise’s upcoming space movie with Hollywood veteran Doug Liman. Alongside production, Southwark-based SEE has revealed plans to launch a micro-gravity film [...]
Household energy bills could rise twice this year warns industry boss January 20, 2022 Household energy bills are likely to rise again in October despite a predicted 50 per cent jump this spring, warns the chief executive of Energy UK.
Johnson denies knowledge of alleged Number 10 ‘blackmail’ of rebel MPs January 20, 2022 Boris Johnson has denied all knowledge of allegations that members of his government have tried blackmailing rebel MPs that are looking to force a vote of no-confidence in his leadership. The Prime Minister said he had “seen no evidence to support any of those allegations”, with Number 10 saying they would examine any forthcoming evidence [...]
French champagne houses sparkle as 2021 sees record sales January 20, 2022 French champagne houses have toasted to record sales worth £4.6bn after demand climbed last year. According to preliminary estimates from the Comité Champagne trade association, sales hit $5.5bn, even though the hospitality sector continued to face lockdown restrictions last year. Some 322m champagne bottles were sold last year, an increase of 32 per cent on [...]
TikTok’s rocket revenue slows down as China tightens grip on big tech January 20, 2022 TikTok's momentous ascent may be slowing as insiders reveal that revenue grew by 70 per cent year-on-year to around $58bn in 2021, down from its 100 per cent growth rate in 2020.
Terry Smith rounds again on Unilever and labels failed GSK bids a ‘near death experience’ January 20, 2022 Terry Smith has launched a fresh attack on Unilever’s management as he labelled the failed bid for GSK’s consumer arm a “near death experience”.
Andreessen Horowitz to raise $4.5bn for new crypto funds January 20, 2022 Andreessen Horowitz has plans to raise $4.5bn for two new crypto funds amid booming VC investment in digital assets.
PwC names veteran partner as new head of private equity division January 20, 2022 PwC has named veteran PwC partner Hugh Lloyd Ellis as the new leader of its Private Equity business. Ellis, who has worked at PwC for the more than 15 years, graduated with a degree in maths and economics from UCL in 2003 before joining London-based accountancy firm Kingston Smith W1 the same year. Between 2013 [...]
Shoppers rack up £3.3bn buy-now-pay-later debt in Christmas spending spree January 20, 2022 Shoppers racked up £3.3bn of debt using buy-now-pay-later (BNPL) products in a spending spree over the Christmas period, new data has revealed.
Grenfell campaigners outraged over Westfield owner’s plans for ‘death trap’ apartment block January 20, 2022 A developer has faced fury after plans for an apartment block twice the height of Grenfell with just one fire escape staircase. The 35-storey building has been proposed by the owner of the Westfield shopping centres, Unibail-Rodamco-Westfield (URW), and will be part of a complex of 1,760 new homes, the Guardian first reported. The apartment [...]
