Week in Sportbiz: England Netball weighing up approaches from private investors; plus Manchester City’s humble new partner club and ‘super spikes’ February 18, 2021 Netball’s prodigious growth has not gone unnoticed by the private investors who have embarked on a trolley dash of sporting properties. England Netball successfully launched its Covid-adapted 2021 Superleague season last weekend – another feather in the cap of an organisation that has doubled participation in a decade. The governing has renewed its broadcast deal [...]
Best of travel: A feast for the senses in Zanzibar February 18, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Noo Saro-Wiwa’s extravagent journey to the island of Zanzibar. ••• Visiting tropical islands usually involves sacrificing the richness and depth of continental culture for the simplicity of ravishing sun, sea and sand. Zanzibar, however, [...]
A VAT break on booze would allow entrepreneurs to rebuild British high streets February 18, 2021 Hospitality employs 9 per cent of the UK’s workforce. Or perhaps ‘did employ’ is a more accurate phrase. Undoubtedly, there will be more redundancies within this sector – at a phenomenal cost, ultimately, to the taxpayer. We all know that hospitality has been one of the worst hit sectors in the economy as a result [...]
Vaccine passports mean no nightclubs until autumn, warn industry figures February 17, 2021 Vaccine passports will likely shut young people away from venues such as nightclubs, theatres and cinemas until the autumn, hospitality chiefs have warned. The Prime Minister announced on Monday that the government will prioritise rapid Covid tests to reopen “those bits [of the economy] that have been the toughest nuts to crack”. He said a [...]
Pub and restaurant giants circle struggling firms and property in post-pandemic expansion push February 17, 2021 Pub and restaurant giants and private equity firms are circling smaller chains and vacant properties, looking to snap up expansion opportunities at a discounted price during the Covid pandemic and reap the rewards when the industry bounces back. Merger and acquisition activity in the hospitality industry has already begun. Figures from restructuring firm Resolve showed [...]
Coronavirus: London suffers ‘heaviest job losses in UK’ during pandemic February 16, 2021 London suffered the largest number of job losses of any UK region during the pandemic last year, as the capital continues to feel the weight of a “geographically unequal crisis”, according to the Institute for Fiscal Studies (IFS). The number of London employees on payrolls dropped 5.5 per cent between February and December last year, [...]
Sadiq Khan to keep London rent control policy in election manifesto February 16, 2021 Sadiq Khan is set to keep his trademark rent control policy as a key part of his mayoral election manifesto, despite London’s plummeting rental prices. The mayor of London will double down on his call for central government to hand him powers to implement a cap on rents in London if he wins the May [...]
Boris Johnson: Rapid Covid tests will do the job of vaccine passports February 15, 2021 The Prime Minister has rubbished claims the UK will introduce vaccine passports for entry to places such as pubs and cinemas, insisting that rapid Covid tests will reopen “parts of the economy we couldn’t get open”. Speaking at a Downing Street press conference, Boris Johnson said: “Doing things within the domestic UK economy… what we’re [...]
Deliveroo targets 8 March for bumper IPO kick-off – report February 15, 2021 Deliveroo could kick off proceedings for its highly anticipated London listing as early as next month, Sky News today reported. The food delivery firm is said to be mulling beginning the float process on 8 March – a little over three weeks time. But insiders told Sky that the date was not yet set in [...]
Wetherspoons boss calls for pubs to open alongside non-essential shops February 15, 2021 Wetherspoons chairman Tim Martin has urged the government to reopen pubs at the same time as non-essential shops, as the Prime Minister prepares to lay out his “roadmap” for exiting lockdown. Martin called for a clear timeline for pubs across the UK to resume selling pints, warning the industry is “on its knees” from months [...]