City Moves: Who’s switching jobs in the Square Mile this week? June 9, 2021 City A.M.‘s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Chairman trades The Restaurant Group for the FA The Restaurant Group (TRG), which host brands like Wagamama and Frankie & Benny’s, has confirmed this week that its chairman will be stepping [...]
NHS coping with new Covid-19 admissions well, says hospitals boss June 9, 2021 NHS coping with new Covid-19 admissions well, says hospitals boss
‘Arrest us’: Lloyd-Webber vows to reopen theatres on 21 June regardless of restrictions rules June 9, 2021 Andrew Lloyd-Webber has vowed to reopen his London shows later this month, regardless of whether the government goes ahead with so-called ‘freedom day’. The theatre entrepreneur has had he is willing to be arrested if authorities try to intervene in his plans to re-open. “We are going to open, come hell or high water,” Lloyd-Webber [...]
Celebrate World Gin Day with these small-batch wonders June 8, 2021 Ahead of World Gin Day on Saturday, the country’s ever-increasing number of modern, small batch, independent Mother’s Ruinists have been feverishly vying to get their brands in the spotlight. Shetland Reel has launched Countdown Gin” resulting from its collaboration with Shetland Space Centre, tying in with the island of Unst being home to the first [...]
Tide high on £350m valuation after Apax Digital funding June 8, 2021 British fintech firm Tide is said to be closing in on a £350m valuation following a fresh cash injection from the growth arm of private equity giant Apax Partners. The Apax Digital Fund is finalising an investment in the business banking platform worth tens of millions of pounds, Sky News reported. The funding round is [...]
Greater Manchester told to ‘minimise travel’ as Delta variant surges June 8, 2021 Millions of people in Greater Manchester and Lancashire have been told to “minimise travel” and to only meet people indoors as a result of rising cases of the Delta Covid variant. A “rapid response unit” has been sent to Greater Manchester and Lancashire to provide surge testing and “military support” to suppress the spread of [...]
US-based Turntide to bolster UK’s renewable tech for freight industry June 8, 2021 US-based renewable tech firm Turntide has confirmed it is rolling into the transport sphere this morning after buying two UK-based engineering businesses. The firm, which has patented a Smart Motor System, is launching its Turntide Transport division today, in its bid for a net zero freight and shipping industry. After buying Sunderland-based battery pack manufacturer [...]
Brits in travel chaos as Portugal exodus leaves test centres overwhelmed June 7, 2021 Thousands of Brits face travel chaos this summer, as changes to the government’s ‘green list’ leave test centres overwhelmed and at the brink of collapse. British holidaymakers in Portugal have until 4am on Tuesday morning to return to the UK, or they must quarantine for 10 days. Anyone returning home must have proof of a [...]
Private equity giant CVC in talks to invest in OneTennis, a proposed merger between of the men’s ATP Tour and women’s WTA Tour June 7, 2021 CVC Capital Partners is in talks to buy a stake in a proposed new entity that combines the men’s and women’s tennis tours, according to reports. OneTennis would unify the ATP Tour and WTA Tour under one organisation, with CVC taking a minority shareholding in the new commercial vehicle. Approval for the merger could come [...]
Dennis Publishing ‘puts up for sale flagship title The Week’ June 6, 2021 Dennis Publishing has hired Liontree Advisors to oversee an auction of The Week, the publisher’s flagship news and current affairs magazine. The sale process only relates to The Week and does not include any other Dennis Publishing titles, which include AutoExpress, Minecraft World and Money Week among others, Sky News first reported. Analysts have reportedly [...]