Try fine German wine at fabulous Somerset House September 16, 2021 Eva Fricke’s wines are much sought-after, often going for as much as £3,000 per half-bottle at auction. Her Lorcher Krone Riesling Trockenbeerenauslese 2019 is the first wine to score 100 points from the respected American publication The Wine Advocate. Only eighteen bottles are in existence. Now you can sample some of her wares alongside those [...]
Going grey gracefully: How to make silver hair work for you September 16, 2021 Last week, I wrote about the trauma I endure when going to the hairdresser. However, there was an upside. As the barber’s scissors danced around my head, he remarked that I had thick hair. I agreed, without wanting to seem boastful of something utterly outwith my control. But I ventured the opinion that, while I [...]
Covid-19: Changes to menstruation after vaccination should be investigated, BMJ report urges September 16, 2021 More than 30,000 women after their vaccinations have reported changes in their menstrual cycle to the UK’s medicines watchdog, which a British Medical Journal report published today has urged to be investigated. Common temporary side effects of the Covid-19 vaccines listed by the Medicines and Healthcare Products Regulatory Agency (MHRA) include a fever, fatigue [...]
US retail sales smash expectations in August September 16, 2021 US retail sales smashed expectations last month, boosting confidence in the American economy’s recovery from the Covid crisis even amid a surge in cases driven by the Delta variant. Retail sales jumped 0.7 per cent in August, up sharply from 1.8 per cent in the previous month, according to fresh figures published by the US [...]
Ex-Goldman Sachs Dogecoin millionaire joins UK healthcare company September 16, 2021 A Goldman Sachs manager who quit after making millions from the meme-based, crypto currency Dogecoin has reemerged as the Executive Chairman of a UK healthcare company. Aziz McMahon will join SpectrumX as Executive Chairman, focussing on investor relations, corporate governance, and the formulation of the company’s new ESG policy. McMahon was formerly the head of [...]
Brexit: EU finance lobby calls for extension to UK clearing house access : CityAM September 16, 2021 A trio of major lobby groups for Europe’s financial services sector have called on Brussels to extend the EU’s access to London clearing houses amid warnings of financial instability. The groups wrote to the European Commission today, warning “there is a significant risk of market disruption for EU clearing members and their clients” if the [...]
Polychain Capital leads $230m investment round in Avalanche – CityAM : CityAM September 16, 2021 Polychain and Three Arrows Capital have led a $230m investment round in the Avalanche network, buying up the company’s native crypto currency AVAX. R/Crypto Fund, Dragonfly and CMS Holdings were also among investors who bet big on Avalanche, an ultra fast, eco-friendly blockchain protocol which supports a growing ecosystem of DeFi projects. Proceeds from the sale [...]
Aviva makes £320m bulk annuity deal with pension fund September 16, 2021 Aviva has today announced the completion of a bulk purchase annuity deal, worth £320m, with the John Laing Pension Fund. John Laing, a manager of infrastructure projects, is an active investor in large transport, social and environmental infrastructure projects and renewable energy projects globally. The transaction marks the second buy-in between the two firms after the [...]
Rio Tinto ‘will dispute’ £190m fine from Australian tax watchdog September 16, 2021 Rio Tinto has been issued with a £186.36m fine from Australian authorities, according to a regulatory filing today, which the mining giant said it “will dispute”. The fine, dished out by the Australian Taxation Office, was for denying interest deductions on an isolated borrowing that was used to pay an internal dividend back in 2015. [...]
Wickes instates first-ever dividend following Travis Perkins demerger September 16, 2021 Revenue at Wickes has grown steadily on pre-pandemic levels, pushing the home improvement store chain to instate its first ever interim dividend. The Watford-headquartered group posted revenue growth of 22.4 per cent on 2019 levels, and 33.1 per cent on a like for like basis, in its interim results for the six months to 26 [...]