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  • Falling through the cracks: How Covid-19 has put London’s events sector on the brink

    October 19, 2020

    Perched on the banks of Regent’s Canal, Kings Place is — in normal times — one of London’s most popular events venues. From conferences and concerts to dance workshops and comedy shows, the glass-fronted building has played host to an array of spectacles in recent years. But since the coronavirus lockdown descended in March, Kings [...]

  • FTSE 100 and US stocks climb as investor fears ease

    October 16, 2020

    The FTSE 100 rebounded as investors returned to risk assets, having dumped them yesterday amid worries over new coronavirus restrictions, while US stocks rose on vaccine hopes and upbeat retail sales data. London’s main stock index climbed 1.7 per cent in afternoon trading to stand at 5,929 points. That followed a 1.7 per cent tumble [...]

  • West End extends festive period in bid to win back shoppers

    October 16, 2020

    The West End is set to extend the festive shopping season as ailing retailers look to lure Londoners back into shops. The Christmas lights switch-on will take place on Oxford Street and Bond Street on Monday 2 November and Thursday 12 November respectively, marking the earliest ever start to the festive season for the district. [...]

  • Just Eat Takeaway’s order growth surges as delivery demand continues to soar

    October 14, 2020

    Just Eat Takeaway (JET) said the surge in online food orders caused by the coronavirus pandemic continued into the third quarter, with orders jumping 46 per cent compared to a year earlier.  Order growth accelerated from the jump of 32 per cent the European food delivery giant recorded in the first half of 2020.  In [...]

  • BOXPARK chief: Government must allow hospitality businesses to recover

    October 11, 2020

    The past few months have been some of the most difficult for the hospitality industry – and now, just as many of us are getting back on our feet, we have been hit by new restrictions that could last for up to six months. Six months is an extremely long time for an industry that [...]

  • Coronavirus recovery stalls as UK economy grows just 2.1 per cent in August

    October 9, 2020

    The UK economy grew at just 2.1 per cent in August as the country’s economic recovery showed signs of stalling. Although the figure marked the fourth straight month of growth, it was considerably lower than had been expected. As a result, GDP remains 9.2 per cent lower than it was before the pandemic struck in [...]

  • FTSE 100 rises despite UK GDP missing expectations

    October 9, 2020

    The FTSE 100 rose at the open despite the UK economy growing less than expected in August, as traders continued to mull the prospect of more US fiscal stimulus. London’s blue-chip index climbed 0.5 per cent to 6,009 points. The FTSE 250, made up of slightly smaller companies, rose 0.3 per cent. Asian markets were [...]

  • Just Eat Takeaway shareholders back Grubhub deal but reject US chief’s pay

    October 7, 2020

    Shareholders of online food delivery giant Just Eat Takeaway have approved its proposed $7.3bn (£5.6bn) acquisition of US rival Grubhub, but rejected a pay package for the company’s US chief executive.  The group agreed to buy Grubhub in June in an all-share deal that would make the combined group the biggest food delivery company outside [...]

  • See A Film Out To Help Out: Five ways to save the film industry

    October 7, 2020

    In this uncertain and unnerving year, there seems to be little light at the end of the tunnel, particularly for people working in the UK’s film industry. This week, Cineworld confirmed its plans to place all of its own cinemas and those of its Picturehouse brand in an unprecedented winter hibernation — meaning the loss [...]

  • Deliveroo appoints Goldman Sachs to oversee London float

    October 5, 2020

    Deliveroo has appointed Goldman Sachs to oversee its long-awaited London flotation, according to reports, in a move that would value the UK food delivery company at more than £2bn. The Amazon-backed startup is expected to debut on the London stock market next year following discussions with the investment banking firm, Sky News reported.  Deliveroo declined [...]

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