Jamie Oliver takes payday hit as restaurant collapse eats into profits January 3, 2021 Jamie Oliver has suffered a decline in profit from his business ventures as the collapse of his restaurant chain continues to take its toll. Pre-tax profits at the celebrity chef’s group of companies dropped to £7.1m in 2019, down nine per cent on the previous year. Turnover dropped just over five per cent to £38.8m, [...]
Lockdown board games: Forget Monopoly, here are the real games December 30, 2020 For decades board games lived largely unloved lives, their battered boxes pulled off dusty shelves on rainy days and holidays. But as we approach essentially another national lockdown, many of us will be dusting them off once more. Back in their heyday, board games were designed to be simple, with concepts that could appeal equally [...]
FTSE falls into the red as Brexit deal wait continues December 24, 2020 The FTSE 100 has fallen into the red as mid morning passes and the UK waits to hear if it has secured a deal with the European Union. At just past 11am London’s main market dropped 0.44 per cent after initially opening on the up. The market opened up 66 per cent this morning, following [...]
Making it in the City as a woman in 2020: a rising private equity star explains December 22, 2020 City A.M.‘s Michiel Willems sat down with Sunaina Sinha Haldea, founder and CEO of Cebile Capital, a London-based placement agent and secondaries advisor in private equity and infrastructure. The Harvard graduate is also an angel investor and serves as chair of the board of Barrecore, one of Europe’s largest luxury fitness boutiques, while she is [...]
Lockdown books December 21, 2020 The aftermath of the global financial crash of 2008 uncovered some unpalatable facts. First, it showed how national governments were hellbent on bailing out the private banks with public money. At the same time the little man was totally ignored and left to his own devices; to sink or swim with the former being the [...]
Save Christmas and beat Tier 4 with these at-home dining options December 19, 2020 The announcement of Tier 4 has sent Christmas plans into chaos, with families up and down the country now unsure where and with whom they will be able to spend the big day. If you’ve now found yourself at a loss in the run-up to 25 December, here are some amazing home delivery options, many [...]
Johnson urges EU to ‘see sense’ as Brexit trade talks enter 48-hour crunch time December 19, 2020 Trade talks between the UK and EU will continue this weekend, marking another critical 48 hours for the negotiations as the end of the transition period looms closer. The two sides remain stuck on issues that have plagued them for months, including fisheries, so-called level playing field arrangements and state aid. Yesterday the EU’s chief [...]
Nation of beer drinkers: Brits spend extra £2.1bn on booze in lockdown December 18, 2020 Booze-drinking Brits spent an extra £2.1bn on alcoholic beverages this year as they stocked up on lager, wine and spirits while pubs were closed during lockdown. Despite its name, Corona was one of the lager brands to toast the largest growth, with sales up £68m compared to last year. Lager was the fastest growing drink [...]
London and southeast in Tier 3: What are the rules? December 17, 2020 Most of the southeast of England is set to join London in Tier 3 from midnight on Friday, as the government scrambles to contain a sharp spike in coronavirus cases. The move will see Bedfordshire, Buckinghamshire, Berkshire, Peterborough, and the whole of Hertfordshire move into the highest level of restrictions from 0.01am on Saturday. It [...]
Brokers, intermediaries and blockchain December 15, 2020 As a follow-on from my article on the top 7 things that people want to know about blockchain, I came up with another question: Does blockchain create value? Or to put it another way, “How does blockchain create value?” The short answer is: It doesn’t – in and of itself. Blockchain is infrastructure. Blockchain is [...]