Exclusive: UK looks to close investment deals with Gulf states at October summit September 8, 2021 The UK will try to use a major summit next month to close a series of investment deals potentially worth billions of pounds with Gulf countries like Saudi Arabia, Qatar and Oman. The Global Investment Summit will see Boris Johnson and international trade secretary Liz Truss focus their energies on trying to broker investment deals [...]
Gordon’s wine bar: ‘Insane paperwork’ putting pressure on supplies September 8, 2021 London wine venues are experiencing shortages of some wines thanks to red tape and driver shortages. The Wine and Spirit Trade Association has warned some of the country’s favourite wines could be unavailable in the run up to Christmas. Bars and restaurants have struggled to keep menu items available because of shortages of packaging products [...]
Record price spikes: Tough winter looms over households and energy firms September 8, 2021 The UK’s recent period of low wind output and global gas supply shortages have energy suppliers gritting their teeth for the winter to come, and maybe even the next. The country was forced to light up a coal plant at the turn of the week amid a spike in energy prices, pushing up costs to [...]
Watchdog clears £2.9bn Viagogo and StubHub merger September 8, 2021 A $4bn (£2.9bn) merger of ticket resale websites Viagogo and StubHub has been approved by a UK watchdog. Viagogo was given the green light to acquire StubHub after US investment group Digital Fuel Capital agreed to buy part of the business. The Competition and Markets Authority (CMA) had instructed Viagogo to sell StubHub’s operations to [...]
Deloitte global revenue rises to $50bn with surge in Covid consulting September 8, 2021 Deloitte has today reported a 5.5 per cent rise in its global revenue for 2021 up to $50.2bn as it has seen demand for its advisory services grow during the pandemic. The firm also saw its workforce grow by 3.2 per cent to over 345,000 for the fiscal year ending 31 May 2021. The big [...]
From The Vine star Joe Pantoliano on lockdown, mental health and filming in Italy September 8, 2021 The name Joe Pantoliano will be familiar to many movie fans, but if it isn’t, his performances certainly will be. He had memorable roles in The Goonies, Midnight Run, Bad Boys, and The Fugitive; as well as being a part of the breakthroughs of The Wachowski Sisters and Christopher Nolan. That’s before you get on [...]
From The Vine review is the cinematic holiday we all need September 8, 2021 This remains an unpredictable time for the box office, with our collective trauma seeming to be reflected in the films we have made hits. Horrors like Candyman and A Quiet Place: Part II have thrived, while we’ve also lined up for some vicarious city destruction in Godzilla Vs Kong and Fast and Furious 9. Those [...]
B&M shares soar after profit outlook upped September 8, 2021 Discount retailer B&M Bargains said it expects profits to be higher than anticipated after strong sales of seasonal goods. In a trading update on Wednesday morning, the group said gross margins had been stronger than originally predicted for the half year ending September 25 2021. The retailer now expects adjusted EBITDA to be in the [...]
Doubts raised over famed alpaca Geronimo’s Bovine TB diagnosis September 8, 2021 Doubts have been raised regarding whether or not alpaca Geronimo had Bovine TB in initial post-mortem findings, for which he was controversially killed. The animal’s owner, Helen Macdonald, had the preliminary results reviewed by veterinary surgeons, who failed to find visible evidence of Bovine TB. However, the chief veterinary officer said that ‘a number of [...]
Insurtech Marshmallow reaches $1.25bn valuation and becomes UK’s second black-founded unicorn September 8, 2021 Digital car insurance provider Marshmallow has smashed the $1bn threshold after its latest Series B funding round, making it the second UK unicorn with founders of Black heritage. Marshmallow’s latest cash injection of $85m values the insurtech at over $1.25bn (£907m), joining the ranks of other recent UK unicorns Starling Bank, Gousto, Zepz and Zego. [...]
