IT consultant ordered to pay £50,000 after being accused of stealing Soho House members’ personal details
UK investor confidence sinks as ‘Freedom Day’ renews pandemic uncertainty July 19, 2021 Investor confidence in the UK has sunk five per cent in July, as ‘Freedom Day’ renews pandemic uncertainty across the country, according to new research. The UK’s investor confidence lags behind that of the rest of the world, which averages dips of two per cent, data from Hargreaves Lansdown found. “Far from bringing an added [...]
KPMG settles lawsuit with $84m payout after failing to spot fraud at Chinese group July 19, 2021 KPMG has agreed to pay around $84m to settle legal claims after failing to identify fraud at a Chinese timber company. China Forestry’s IPO led to backlash against poor listing standards in Hong Kong. Its liquidators claimed the accounting giant was negligent in failing to detect serious false accounting by some of the company’s top [...]
Celebrities come out for crypto, but will Iron Mike have diamond hands? July 19, 2021 The Bitcoin price continues to hold above $30,000 again today, although it’s now down eight per cent on this time last week.
Pictures: Revellers return to nightclubs at midnight on ‘Freedom Day’ July 19, 2021 Dancefloors across England were packed with pandemic partygoers at midnight as Covid rules eased in the country. Thousands of clubbers queued for sell-out venue events on Sunday July 18 to celebrate the lifting of restrictions that came into force this morning. As of 00:01 today England dropped most of its remaining Covid-19 social restrictions, such [...]
US property firm picks up Angel office development in bet on office return July 19, 2021 American property firm Tishman Speyer confirmed the £86.5m purchase of a major office development in Islington this morning as it bets on workers returning the office. The deal with British property investment business Derwent London sees the sale of their office freehold interest in Angel Square, just behind Angel tube station. Derwent London announced the [...]
Wedge fund: one man’s passion for the unloved Aston Martin Lagonda July 19, 2021 We assembled the world's largest collection of 'wedge' Aston Martin Lagondas ‒ and met the man who owns all 24 of them. Then we drove one.
Credit disagreement: the future of the high street depends on how we handle retailers’ Covid debt July 19, 2021 It is a commonplace that the pandemic has devastated the economy. The prospects of recovery may be rosier than we had dared imagine, but businesses have suffered grievously, especially those for whom in-person custom, footfall, is vital. One sector which has been hit particularly hard is independent retail. The death of the high street has [...]
Revolution Beauty shares run rouge in London junior market debut July 19, 2021 Revolution Beauty, which debuted a £300m placing on London’s junior market today, has seen its shares plummet over four per cent. With its ordinary shares listed at 160p per piece, the company’s valuation is around $495m. The British beauty group began trading at 08:00 under the ticker REVB after an oversubscribed fundraiser last week. Revolution, [...]
Oil prices plummet after Opec+ end deadlock July 19, 2021 Oil prices plummeted on Monday after Opec+ broke through a deadlock to reach an agreement on oil production. Brent Crude and WTI Crude both fell sharply on the news, down 2.41 per cent at and 2.55 per cent respectively. Opec+ agreed to increase oil production by 400,000 barrels a day on Sunday. As part of [...]
Pegasus spyware investigation reveals scale of surveillance July 19, 2021 Human rights activists, journalists and lawyers have been targeted by spyware sold to authoritarian governments by the Israeli technology firm NSO Group, according to media reports. An investigation into a data leak by human rights group Amnesty International and NGO Forbidden Stories revealed a list of more than 50,000 phone numbers that may have been [...]
