London’s legal sector continues to lead the world August 3, 2020 Socially-distanced juries, virtual trials, and a mass shift to remote working — these are just some of the radical steps that have been taken to allow justice to be served during lockdown. Almost every part of our economy has had to adapt to Covid-19 and the legal system is no different. One constant throughout these [...]
Over four-fifths of UK midcaps have just nine months funding left August 3, 2020 Over four-fifths of the UK’s medium-sized businesses will not be able to continue trading for more than nine months under current funding arrangements, a new survey from accountants BDO has found. The 500 medium sized businesses have on average borrowed £21m in loans as a result of the coronavirus pandemic, the data showed. Of these, [...]
Former BoE governor Sir Mervyn King warns that increasing QE would be ‘premature’ August 3, 2020 The former Governor of the Bank of England has warned that it would be premature for the UK’s central bank to expand the quantitative easing scheme too early, saying such a step would be premature. Speaking to the Coronanomics podcast, King, who held the top job at the Old Lady of Threadneedle Street during the [...]
Pent-up demand pushes up competition for property despite coronavirus August 3, 2020 Years of pent-up demand are driving up competition for UK properties despite the coronavirus pandemic, a new survey from estate agent Knight Frank has found. The firm found that discounts are still being negotiated due to the ongoing downturn caused by the pandemic, but sellers are fast hardening their resolve as demand grows more quickly [...]
Back to Business: Masha Rener on keeping her restaurants afloat online August 1, 2020 We talk to London’s top chefs about how they are dealing with the strange ‘new normal’. Lina Stores head chef Masha Rener talks about how home-cooking with top ingredients is here to stay. Who are you and what do you do? I’m Masha Rener, head chef at Lina Stores in Soho and King’s Cross How [...]
How to pick a virtual personal trainer to see you through till offices reopen August 1, 2020 Gyms finally reopened last week, which was great news not just for personal trainers like me but also the thousands of people desperate to get back to training. It’s hard to believe it’s been over four months since the last person walked through the doors at No.1 Fitness, but we haven’t been sitting on our [...]
The Mini Cooper Sport is a life-affirming blast from the past August 1, 2020 Driving a classic Mini Cooper proves the perfect antodote to post-lockdown blues. Tim Pitt explains how you could do the same.
Eat Out to Help Out – the best restaurants taking part in the government hospitality scheme August 1, 2020 There was a time when dropping most of your disposable income on avocado on toast made you an idiot who will never be able to afford a house. Now it makes you a hero who will save the economy. It’s so vital that you start eating at restaurants again that, as of Monday, the government [...]
Byron saved from bankruptcy but 650 staff to be axed July 31, 2020 Burger chain Byron has been saved from bankruptcy this afternoon after it was bought by Calveton UK, with current investors taking a minority stake. However, more than half of the popular high street restaurant’s stores and employees will be axed as a result of the deal. Only 20 of Byron’s 51 restaurants will continue to [...]
City grandees recognised in latest Honours list July 31, 2020 A number of the City’s most prominent figures have been awarded peerages in the Queen’s latest honours list. Dame Helena Morrissey, founder of the 30% Club and one of the City’s best-known fund managers, will become a baroness, having been nominated by Johnson. The Prime Minister also nominated billionaire Michael Spencer, the founder of ICAP [...]
