EU ministers agree to sanction Russian officials responsible for Navalny imprisonment February 22, 2021 The EU agreed this evening to sanction Russian officials directly responsible for jailing opposition leader Alexei Navalny in Russia, according to German foreign minister Heiko Mass. Today’s agreement came after France, Germany, Poland and the Baltic countries had urged the bloc to confront the Kremlin. Mass told reporters that “the EU will not be silent. [...]
Businesses should be wary of class action lawsuits as groundbreaking Shell decision has global reach February 22, 2021 Class action lawsuits are becoming increasingly popular in the UK, and a combination of the coronavirus, Brexit and previous claimant-favourable outcomes will mean UK companies see more action against them in the coming years. Britain is part of something of a third wave of class action lawsuit popularity. The practice of collective claims started in [...]
What will Boris Johnson’s ‘roadmap’ for exiting lockdown look like? February 22, 2021 Boris Johnson has vowed to set out a “roadmap” for lifting lockdown measures this afternoon, as the UK continues to make rapid progress with its vaccine rollout. While the shape of the timeline has yet to be revealed, the Prime Minister has said he will provide dates for lifting specific measures “if we possibly can”. [...]
FTSE 100 tumbles as inflation concerns mount February 22, 2021 London’s FTSE 100 tumbled 0.68 per cent today by midday, as higher commodity prices sparked fears of a spike in inflation. The fall was led by declines in consumer staples and industrials stocks, as investors awaited Boris Johnson’s plan for a phased easing of business restrictions. The prime minister will plot a path out of [...]
London holds firm as financial services centre of Europe February 22, 2021 Many European financial services firms are applying for permission to operate in the UK, signifying London will continue to be a leading player on the global financial stage post-Brexit. Nearly 1,500 EU-based financial services firms have applied for permission to operate in the UK, with around 1,000 of those planning to establish their first UK [...]
Creative, civic and commercial organisations must work together for a cultural resurgence in London February 22, 2021 The COVID-19 pandemic has hit all parts of our country but sadly, the situation facing the City’s and London’s creative sector is nothing short of a cultural catastrophe. These two words paint a simple and bleak picture but, if we work together, I fully believe that we can spark a cultural resurgence. Prior to the [...]
Sunday Sitdown: Time Out boss Julio Bruno on the ‘renaissance’ of cities February 21, 2021 While no one could have predicted the outbreak of coronavirus, few companies have been blighted by worse timing than Time Out. In the face of shrinking revenue from its core events listings business, the media group has spent recent years shifting its focus to a new offering of food and culture markets. But when the [...]
‘The restaurant world has changed forever’: how Simon Rogan conquered Covid February 20, 2021 The first time I ate Simon Rogan’s food was during a culinary pilgrimage to L’Enclume, one of the world’s top restaurants. Over the course of five hours I ate 20 dishes, each one a spectacular fusion of science and gastronomy. Dehydrated fennel leaf topped with apple gel. Charred stripes of blackened leek with egg cream. [...]
Wall Street indexes follow FTSE 100 rise to end week on a high February 19, 2021 Wall Street follows FTSE 100 rise to end week on a high
Online car retailer Cazoo making plans to go public – report February 19, 2021 Used car retail platform Cazoo is reportedly making plans to go public at a valuation of £5bn. Sky News reported that the start-up, which was only founded just two years ago, was mulling either a London listing or a merger with a New York-listed “blank cheque” firm, or SPAC. Boss Alex Chesterman, founder of LoveFilm [...]