Mark Wahlberg-backed fitness group F45 plots $1.5bn IPO July 7, 2021 F45, the fitness chain backed by Hollywood hardman Mark Wahlberg, is seeking a valuation of more than $1.5bn (£1bn) in a US stock market float. The company, which was founded in Australia but is based in Texas, is plotting an initial public offering on the New York Stock Exchange after cashing in on the growing [...]
Editorial: A growing talent time-bomb is putting London’s economic recovery in peril July 7, 2021 London feels more normal than it has done for a long time. Soho is buzzing, Oxford Street has begun to see elements of a footfall revival, and at certain times in recent weeks it’s been possible to see young men of a certain age getting merrily tanked up before going to the football. And not [...]
Didi’s $1.5bn share plunge looms over China’s electric carmaker XPeng debut July 7, 2021 Shares in electric carmaker XPeng debuted on the Hong Kong stock exchange today, while Didi’s $1.5bn share plunge looms over the fellow Chinese tech firm. China-based firms trading in the US have pivoted towards trading closer to home, in an attempt to ease hawkish regulators amid Beijing’s tech and security crackdown. Nasdaq-listed XPeng, which has [...]
Boris Johnson refuses to disclose data on predicted summer Covid cases July 7, 2021 Boris Johnson has refused to divulge government projections on summer Covid cases data after England drops almost all its restrictions in less than two weeks. Health secretary Sajid Javid said yesterday that up to 100,000 people could test positive for Covid each day by next month, after social distancing and mandatory face masks are dropped. [...]
A life of photography on the verge of stepping into the blockchain ring July 7, 2021 Crypto AM writer Jillian Godsil meets Christina Jansen, photographer and artist who forged a special bond with one of the world's greatest ever athletes.
Wimbledon fails to sell tickets despite ending curbs July 7, 2021 Wimbledon are struggling to sell tickets, despite announcing they would be the first sporting venue to host crowds at full capacity. The all England club is typically oversubscribed every year as tennis fans rush to see the likes of Roger Federer and Andy Murray at the sport’s flagship tournament. Read more: Tennis fans flock back [...]
Johnson to “consider” boycott of Beijing Winter Olympics over Uighur ethnic cleansing July 7, 2021 Prime minister Boris Johnson today said he would consider calls for a diplomatic boycott of the 2022 Beijing Winter Olympics, but told MPs he is “instinctively against” taking such action. At prime minister’s questions today, former Tory minister Tim Loughton highlighted concerns over the “genocide” of Uighur Muslims in Xinjiang and the wider human rights [...]
Sam Torrance: Stellar field including Rahm, Thomas and McIlroy has it all to play for at abrdn Scottish Open July 7, 2021 The abrdn Scottish Open marks the start of a fantastic time of year in the golf calendar. It means that the Open Championship, one of the sport’s biggest events, is just around the corner. But the Scottish Open is also a wonderful event in its own right and, with an extraordinary field, never more so [...]
Senior staff at financial services firms to have pay based on diversity performance July 7, 2021 Senior managers at financial services firms could have their renumeration based on their company’s diversity and inclusion performance under new rules announced today. The Financial Conduct Authority, Prudential Regulation Authority and the Bank of England are seeking feedback on proposals put forward to improve diversity and inclusion in financial services. “Linking progress on diversity and [...]
Households ‘face energy bill hike to pay for new nuclear power plant’ July 7, 2021 Households will reportedly soon see their energy bills hiked in order to pay for the construction of new nuclear power plants in the UK. Ministers are in the process of drawing up legislation that will allow the construction of the new £20bn Sizewell C plant in Suffolk through the use of a Regulated Asset Base [...]