More UK funds run by men called Dave than women March 8, 2021 There are more funds run by men called Dave than there are female managers in the industry, according to Morningstar analysis. There are 68 UK funds run by men called Dave or David and just 45 women, equivalent to just 7.7 per cent of UK-domiciled funds in Morningstar’s sample. Additionally of the £475m in managed [...]
Hotels, restaurants and pubs ‘optimistic’ about bounce back in trading March 8, 2021 Many hotel, restaurant and pub firms are “optimistic” about the future despite the pressures of the Covid-19 crisis, with most expecting trading to bounce back by the end of the year, a survey showed. Hotel businesses had the most positive outlook, with 83 per cent of the operators surveyed saying they were confident about future [...]
Exclusive: London pubs, restaurants and hotels to claim almost £200m in restart grants March 8, 2021 London pubs, restaurants and hotels are set to receive almost £200m in extra government grants to help them reopen after the latest coronavirus lockdown. Around 13,000 hospitality businesses across the capital will be eligible to claim £184.2m in the restart grants, City A.M. can reveal. Research by real estate adviser Altus Group showed 3,632 pubs [...]
Deliveroo offers share hungry investors access to £50m ahead of IPO March 7, 2021 Deliveroo will make £50m of shares available to its customers in its forthcoming IPO as part of a community offer. From tomorrow, any Deliveroo customer who has placed an order with the takeaway service will be able to register their interest in applying for shares in any future floatation via their app. This means that [...]
Mother’s Day gifts: Make 2021 a lockdown to remember March 6, 2021 As the first mother’s day under lockdown rapidly approaches, this year it’s more important than ever to get your gift just right. This year we have focused on the amazing food options you can lavish upon your wonderful mother – or you could even buy two and eat them together over a nice, long Zoom [...]
Screenshot: Will nightclubs really reopen in June? March 5, 2021 This week: **Media Moment of the Week: Telly’s still got welly **Will nightclubs really reopen on 21 June? **The BBC turns back time Media Moment of the Week: Telly’s still got welly In the age of Silicon Valley streaming giants and relentless references to “content” and “eyeballs”, it’s easy to forget that TV can, sometimes, [...]
Test and Trace to receive extra £15bn, bringing total funding to £37bn March 4, 2021 The Test and Trace scheme is set to receive an extra £15bn, bringing its total funding over two years to £37bn. The contact tracing scheme, which has been awarded £22bn so far, will receive a further £15bn over the next financial year. The new figures were first revealed by the Huffington Post. It also revealed [...]
Coming 2 America: Eddie Murphy sequel is past its best March 4, 2021 COVID may have scuppered many studios’ plans, but Paramount Pictures made the best of unforeseen circumstances, selling many titles to streaming services including comedy sequel Coming 2 America. The follow up to the 1988 Eddie Murphy hit was purchased by Amazon for a reported $125m, believed to be a record for streaming rights. A sequel [...]
Pubs without beer gardens to serve pints in car parks from April March 4, 2021 Pubs without beer gardens will be able to serve takeaway pints in car parks when restrictions are eased in April, the government has confirmed. Licensing rules for pubs, bars, cafes and restaurants were simplified last summer to make it easier for businesses to reopen in line with Covid guidelines after England’s first nationwide lockdown. The Ministry of Housing, [...]
B&M ups earning expectations after strong lockdown trading March 4, 2021 Discount retailer B&M this morning upped its earnings expectations following a strong performance during the latest coronavirus lockdown. The chain said earnings before interest, tax, depreciation and amortisation (EBITDA) for this financial year will be between £590m to £620m. The latest forecast accounts for the voluntary payment of business rates, amounting to around £80m. It [...]