Pensions group Royal London sees managed assets hit a record £153bn high August 5, 2021 Pensions and life insurance firm Royal London’s assets under management have hit a record high at £153bn in the past six months. Climbing higher from £148bn in late December, the group put the growth down to positive market movements and net inflows in the six months to 30 June. The group pulled in profit before [...]
Bullring owner Hammerson sees fall in value of managed portfolio but profits rise despite pandemic impact August 5, 2021 Hammerson have released mixed half-year results as the property giant saw its profits rise amidst a fall in its managed property value. The London-based firm saw an eight per cent fall in its net rental income year-on-year brought on by the pandemic and a significant impact on trading for much of the year up to [...]
France and Spain holidays saved but travel firms urge government to open borders August 5, 2021 Fresh changes to the UK’s travel traffic light system to ensure holidays in France and Spain can happen this summer for vaccinated Brits, but many airlines and tourism companies are demanding faster progress. From 4am on Sunday arrivals from France, if fully vaccinated against Covid-19, will no longer need to self-isolate at home for 10 [...]
Racial injustice more of a professional barrier than caregiving, says two thirds of lawyers August 5, 2021 Racial injustice is the biggest professional barrier for over two thirds of lawyers of colour, a report, published today, finds. In the study by Thomson Reuters, 68 per cent of black lawyers said racially related injustice was a key barrier to climbing up the legal ladder – the study found it was considered to be [...]
Investors pile £12bn into UK-listed companies, hoisting the market above pre-pandemic levels August 5, 2021 UK listed companies have raised more than £12bn in fresh capital from investors in the first half of this year, building the market back above pre-pandemic levels. The pandemic caused a resurgence in UK capital markets activity last year, with funds raised by listed companies peaking at its highest level in over a decade. Investors [...]
Bargain hunt: One in three London homes fetch lower asking price August 5, 2021 London’s property market has become a buyer’s market, driven by demand flowing out of the capital and into areas such as the commuter belt since the onset of the Covid crisis, according to new figures published today. Research by London estate agent Benham and Reeves reveals nearly one in three properties in the capital have [...]
Powered up: Daniel Sherfield CA, CFO of Grind, talks about the growth of the brand, its city venues and ecommerce stream August 5, 2021 It’s gone from being Silicon Roundabout’s all-day caffeine fix to a chain of cafes and ecommerce business. Daniel Sherfield CA talks to Cherry Casey about the growth of Grind. This article first appeared in ICAS’ CA magazine. If there is one word to describe the journey Grind has taken in the decade since its inception it would be [...]
Brexit and Covid impact: More than 90,000 EU workers to have left UK hospitality jobs August 5, 2021 More than 90,000 EU workers left the UK’s hospitality sector in the last year, new figures have revealed. Fresh research from jobs site Caterer.com found that three out of five hospitality employers are now receiving record numbers of applications from UK workers. London was identified as acutely affected by the exodus with the research estimating [...]
John Lewis hikes lorry driver salaries by £5,000 amid driver shortages August 5, 2021 John Lewis has today announced that it will up the salaries of its lorry drivers by £5,000 a year as the current shortage of HGV drivers continues to weigh on the supermarket sector. The retailer said that the rise, which works out at roughly £2 an hour, came in response to the shortfall, which has [...]
UK’s travel green list grows as Germany, Austria, Norway added to safe destinations group August 4, 2021 Seven new countries have this evening been added to the government’s “green list” for international travel, offering further hope for Brits looking to escape for the summer. From Sunday at 4am, Austria, Germany, Slovenia, Slovakia, Latvia, Romania and Norway will be added to the list of destinations from which all travellers need not isolate on [...]
