Rise & grind: Employers splurge on keeping teams caffeinated while working remotely April 6, 2021 Employers kept staff fed and caffeinated while working from home during the pandemic, making up for the loss of coffee and sweets available at the office by expensing Starbucks and Deliveroo orders. Keeping teams fed and caffeinated while working remotely made up nearly 36 per cent of all expenses claimed during January to November 2020, [...]
FTSE 100 jumps on post-lockdown hopes but Wall Street flat April 6, 2021 London’s FTSE 100 climbed by 1.4 per cent today as prospects of a planned re-emergence from lockdown next week boosted shares. The capital’s premier index currently stands at 6,840, its highest levels since 11 January. Across the Atlantic, however, the mood was more subdued, with Wall Street’s main markets flat at the open this afternoon. [...]
8 weird and wonderful applications of CRISPR technology March 31, 2021 Techno-optimists like to talk about the notion of a “singularity” – a time when technology progresses so rapidly that life is transformed beyond recognition. The driving force of this hypothetical event is typically regarded to be artificial intelligence becoming omnipresent. But what does omnipresent AI really mean for everyday life? ‘Technoking’ Elon Musk says that [...]
Deliveroo shares slump 30 per cent on long-awaited stock market debut March 31, 2021 Deliveroo shares plunged by as much as 30 per cent on its long-awaited market debut, wiping more than £2bn off its valuation. The delivery firm’s shares closed out their first day of trading well down at 287p, a sharp drop from the offer price of 390p per share. The listing had been hotly anticipated given [...]
Picnic in style with our top restaurant-in-a-box delivery kits March 29, 2021 As the weather turns and outdoor meet-ups for two groups of up to six people are finally allowed, there’s a bit of optimism in the air. What better way to celebrate than with a Covid-friendly, appropriately-distanced, outdoor feast? Our Life&Style editor Steve Dinneen continues to eat his way through as many home delivery boxes as [...]
MasterChef: The Professionals winner Alex Webb’s top 5 London restaurants March 29, 2021 With restaurant terraces set to reopen from 12 April and socially distanced indoor dining following on 17 May, Londoners will be clamouring to enjoy eating out once again. So who better to recommend some of the best fine dining spots the capital has to offer than current MasterChef: The Professionals champion Alex Webb, who at [...]
The office needs to be completely re-imagined March 28, 2021 Imagine this. Your alarm goes off slightly earlier than usual, it’s Tuesday; office day. You look forward to putting on properly fitted clothing – especially on your bottom half. The commute is no longer the daily draining slog it once was, but a novelty you enjoy – a time to listen to that podcast and [...]
Week in Sportbiz: Is crypto the next big player in sports sponsorship? Plus Extreme E’s Suez near miss and Amazon’s Six Nations interest March 25, 2021 Where US sports lead, others tend to follow, so it was with interest that industry insiders noted developments in Florida this week. Miami Heat’s home is set to be rebranded the FTX Arena after the NBA side struck a naming rights agreement with the cryptocurrency exchange. FTX will pay $135m for the 19-year deal, the [...]
Exclusive: City fund managers on pandemic volatility, inflation and value vs growth March 24, 2021 It has been a surreal year for fund managers in the City, with unprecedented volatility descending on practically every investment vehicle, asset manager or investor operating out of the Square Mile. The unpredictability of the ongoing pandemic is one of the reasons why the age-old investment-driven debate about ‘cheap’ value stocks versus ‘expensive’ growth equities [...]
The curious case of Boris Johnson’s popularity after a year of lockdowns March 24, 2021 In 1993, economics Nobel Laureate Daniel Kahneman published a paper with the enigmatic title “When More Pain Is Preferred to Less”. He and his colleagues conducted two experiments with the same group of people. In the first, the participants had to hold their hand in cold water for a specified time. They had to keep [...]