Persimmon: Builder ups guidance amid ‘positive momentum’ on planning reform August 8, 2024 Housebuilder Persimmon has said it would build 10,500 homes this year—at the top end of its guidance— and has outlined plans to boost construction next year as Labour’s planning reforms start to take shape. In its half year results for the six months ended 30 June 2024, Persimmon said it completed 4,445 new, up by [...]
The Debate: Should we finally say goodbye to Twitter/X? August 8, 2024 Are we doomed to doomscroll on, or should we take action and quit Twitter/X for good? Rachel Cunliffe goes head to head with Benedict Spence
Congratulations France, but Paris 2024 legacy must now be human August 8, 2024 This is a Paris you’ve never known and never will again. Empty side streets speak of Parisians good to their threats to vacate for the Olympics. Hotel receptionists attest to sluggish bookings. Restaurants are shuttered. And yet the crowds are here, French and foreigners alike. They exude a relaxed urgency, a collegiate passion. The sport [...]
Property law transactions at historic lows but firms ‘must prepare’ for growth August 8, 2024 Transactions at property law firms have sharply slid back to pandemic-era lows this year, but firms expect Labour’s housing reforms, as well as falling interest rates, to create an onslaught of cases in the coming years. New research by legal data supplier Search Acumen, shared exclusively with City A.M., has found that total transactions across [...]
Is the real Airbnb hell about to begin? August 8, 2024 A site called airbnbhell.com, a rabbit hole of “uncensored” stories of host and guest experiences, reveals detailed anecdotes ranging from pet problems and parties, to discrimination and fraud. It is no longer an active site but the holiday home rental app had a hell of its own on Wednesday when shares plunged 16 per cent [...]
All the best offices are embracing the Great Outdoors (so leave HSBC alone) August 8, 2024 From smoking den to outdoor zen – offices are embracing green spaces, says Lucy Arthur
Feeling like a hero for coming to work while sick? Well, you’re not August 8, 2024 You might feel like a hero for battling through a cold, but there's a hidden cost for your company and the economy, writes Paul Schreier
Hudson-Smith pipped on line in Paris 2024 400m final August 7, 2024 Matthew Hudson-Smith was forced to settle for silver in the final of the 400m on Wednesday after Quincy Hall hunted the Brit down with one metre to go. The British favourite led around the final bend and towards the finish but American Hall pipped him to the Olympic title. Muzala Samukonga of Zambia finished third. [...]
Woodward: RFU have sold soul in Allianz Stadium deal August 7, 2024 Coach of the 2003 Rugby World Cup winning England side Clive Woodward has described the decision to rename Twickenham the Allianz Stadium as “sad”, and insists the RFU board have “sold its soul”. England entered into a partnership with the major insurer Allianz which will see home of rugby Twickenham rebranded with the firm’s name [...]
Disney hikes prices of its streaming services as profit booms August 7, 2024 Disney beat expectations in its third quarter revenue and earnings, swinging back from heavy losses as it hiked its streaming services prices. Pre-tax profit soared to $3.1bn (£2.4bn) in the third quarter, up from losses of $134m (£105m) the previous year. The company’s streaming business turned profitable for the first time, buoyed by the success [...]