London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Diageo to acquire Ryan Reynolds’ gin brand through Davos Brands deal August 17, 2020 The world’s largest spirits maker Diageo has announced it will buy Ryan Reynolds’ gin brand Aviation American Gin. The company will buy Aviation American Gin, which is co-owned by the Hollywood star, through the acquisition of Aviation Gin and Davos Brands for up to $610m. It will be funded through existing cash and is expected [...]
Wales to use predicted grades for A-level results in U-turn August 17, 2020 Wales is to award pupils A-levels in line with their predicted grades after a backlash against the use of an algorithm to moderate results. Welsh minister for education Kirsty Williams, said: “Working with Qualifications Wales and WJEC we have sought an approach which provides fairness and balances out differences in the standards applied to judgments [...]
Ryanair to cut flight capacity after coronavirus upsurge hits bookings August 17, 2020 Ryanair today said it will cut its flight capacity 20 per cent during September and October after increased coronavirus restrictions hit bookings. The budget airliner said a recent upswing in coronavirus cases in some European countries had particularly hit business bookings. Ryanair last month cut its passenger target to 60m for the financial year to [...]
Easyjet confirms closure of Stansted, Southend and Newcastle bases August 17, 2020 Easyjet has confirmed it will close its airport base at Stansted from 1 September, as the coronavirus pandemic severely dents demand. The budget airline is also shutting its bases in Southend and Newcastle, putting hundreds of jobs at risk. Stansted and Newcastle will remain part of Easyet’s route network, and some in-bound flights will continue. [...]
Greece and Croatia could be next on UK quarantine list August 17, 2020 Popular holiday destinations Greece and Croatia may be the next two countries on the UK’s travel quarantine list, after increasing rates of coronavirus. Croatia has now passed the 20 cases per 100,000 threshold that the government has used as a benchmark as to whether a country has a high Covid-19 infection rate. Greece saw its [...]
Ranked: Monzo and Starling top list of best UK banks August 17, 2020 Digital fintechs Monzo and Starling are better than traditional banks at providing the best service to personal banking customers, according to a recent survey. The Competition and Markets Authority (CMA) conducted a survey of around 1,000 customers of each of the 19 largest personal current account providers in Britain to rank the best and worst [...]
Chris Smalling invests in UK plant-based meat business August 17, 2020 A startup that specialises in “hyper-realistic” plant-based food has secured investment from international footballer Chris Smalling in its latest funding round. THIS closed its £4m Seedrs crowdfunding campaign on Friday, which was live for 2 and a half days before hitting its £4m target. THIS aims to mimic meat in taste, texture, appearance and smell [...]
Liz Truss blasts ‘unacceptable’ US tariffs on Scotch whisky August 17, 2020 International trade secretary Liz Truss has slammed the “unacceptable and unfair” US tariffs on British products, while also vowing to negotiate their end when the UK leaves the post-Brexit transition period. The US levelled tariffs on several European countries last year – after permission from the World Trade Organisation (WTO) – as a part of [...]
Huawei pushes for document release in trial of finance chief August 17, 2020 Huawei will today call for the release of more confidential documents relating to the arrest of the company’s finance director as her extradition battle ploughs on. Meng Wanzhou was arrested in Vancouver in 2018 after US authorities accused her of bank fraud and breaching sanctions against Iran. Meng, whose father Reng Zhengfei founded Huawei, is [...]
Coronavirus: Cineworld in legal battle over unpaid lockdown rent August 17, 2020 Cineworld is said to be facing a legal challenge from one of its landlords after the cinema chain failed to pay rent during the coronavirus lockdown. The London-listed cinema group is understood to be withholding rent from property giant AEW after it was hit by closures due to the Covid-19 crisis. AEW has now filed [...]
