I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
Fuel sales and prices peak as the UK guzzles more post-lockdown June 2, 2021 With road traffic levels rising as restrictions ease, demand for petrol and diesel in the UK has risen two and a half times over since the start of this year, data has shown today. Fuel consumption plummeted in March last year when lockdown was first imposed, but fuel prices have returned to pre-pandemic levels today. [...]
Etsy targets Gen Z fashionistas with $1.6bn Depop takeover June 2, 2021 Etsy is buying second-hand fashion resale platform Depop for $1.6bn (£1.1bn) as it looks to attract younger shoppers. London-based Depop, which was founded in 2011, has become wildly popular among Gen Z shoppers, with more than 90 per cent of its users under the age of 26. Last year the company booked gross revenue of [...]
Road trip: Traffic returns to pre-pandemic levels as restrictions ease June 2, 2021 After stay-at-home orders kept roads clear, traffic during weekdays is finally matching pre-pandemic levels, according to data by the Department for Transport today. Traffic on Friday soared 104 per cent past the equivalent weekday in February 2020, largely helped by the Bank Holiday weekend, for the first time since the lockdowns began. Vehicles hitting the [...]
Trevor Steven: Gareth Southgate may regret naming four right-backs in England squad for Euro 2020 instead of Jesse Lingard or Danny Ings June 2, 2021 On the face of it, it’s difficult to work out why Gareth Southgate has named four right-backs in his England squad for Euro 2020. While Kyle Walker, Kieran Trippier, Reece James and Trent Alexander-Arnold are all talented players, each is also taking up a space that could have gone to someone else. If only two [...]
Jawbox Gin unveils record breaking 915-measure bottle June 2, 2021 Size matters when it comes to gin. With the market saturated with small batch artisans all trying to out-botanicalise each other, one distillery has decided to go in the opposite direction, producing the world’s largest gin bottle. Northern Ireland’s Jawbox Gin has unveiled a 73cm tall, 32 litre, 915 measure Jawbox Giant’s Edition containing the [...]
ITV returns to the FTSE 100 amid summer rebound hopes June 2, 2021 ITV is set to return to the FTSE 100 this month after its shares staged a major rebound since its lows at the height of the pandemic last year. The broadcaster was kicked out of the top flight of the index in September after a major slump in advertising and the cancellation of summer hit [...]
City Moves: Who’s switching jobs in the Square Mile this week? June 2, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Brown Advisory expands London office with senior hires Investment management firm Brown Advisory has bolstered its London office this week with two senior hires as its collection of assets hits $15bn. [...]
Ripple making waves against the SEC’s confusing crypto rule book June 2, 2021 Ripple’s legal battle with the SEC has taken a twist after the US regulatory authority suffered a setback in its pursuit of the blockchain-based digital payment company.
UK Residential Reit looks to raise £150m in stock market float June 2, 2021 The UK Residential Reit today unveiled plans for an initial public offering on the London Stock Exchange as it looks to cash in on the UK’s housing shortage. The real estate investment trust, which was set up to invest in privately rented residential properties outside London, is targeting total proceeds of £150m plus an issue [...]
Relative calm in crypto markets disturbed as Coinbase lets the Doge out June 2, 2021 Bitcoin continues to trade within a very narrow channel between $33k and $38k, currently changing hands at just above $37,000.