Young’s sees sales close in on 2019 levels despite Covid-19 restrictions July 20, 2021 Pent-up demand has seen Young’s Brewery’s pubs outperform board expectations as Covid-19 restrictions lift. Despite restrictions on capacity and the ban on indoor drinking for much of the second quarter, the company told markets this morning that sales sat at 95 per cent of 2019 levels. The pub industry has had salt poured in the [...]
Graduate job openings rise more than twofold July 20, 2021 This year’s graduates will enter a more buoyant job market with firms stepping up efforts to attract the best young talent as the spectre of Covid recedes, new research published today reveals. Figures from Adzuna show graduate job openings increased more than twofold over the last year, rising to 13,543 in July 2021, up from [...]
Nightclubs could turn into super spreading events, warns chief scientific adviser July 19, 2021 The Government’s chief scientific adviser has warned that nightclubs could be “potential super spreading events” despite the Government allowing the venues to reopen earlier today. Sir Patrick Vallance said the nightclub environment will allow Covid-19 to spread easier as the Prime Minister laid out plans for venues to require double-vaccination for people to enter from [...]
Men are twice as likely to develop skin cancer: LifeJacket is here to help July 19, 2021 No doubt many of you were enjoying the sun this weekend, and many more will be out and about celebrating the taste of freedom granted today by the loosening of Covid restrictions. And while we all know in theory the dangers of sun damage, putting that knowledge into practice is often a step too far. It’s an [...]
UK listings reformer and peer Lord Hill joins fintech startup W1tty July 19, 2021 Former EU Commissioner for Financial Services Lord Jonathan Hill, who called for deregulatory measures to attract more tech companies in the UK, has joined fintech startup W1tty as an adviser. The Conservative peer will join the advisory board of smart finance app W1tty, which is launching in Lithuania and Poland in Autumn. Lord Hill authored [...]
SAP to invest €250m in the UK over the next five years July 19, 2021 SAP said it will invest a quarter of a billion euros in the UK through a UK-based cloud service and new offices, in an announcement today. The company will launch its UK Data Cloud service, establish new offices in London and Manchester and invest further in young talent through its internship programme. It’s new offices [...]
Space Jam: A New Legacy review – a messy Warner Bros advert July 19, 2021 You might think cinematic crossovers are a modern invention, but 25 years ago two icons of entertainment met on the big screen. At the peak of his popularity, Michael Jordan starred in Space Jam, his one and only film role, opposite Bugs Bunny and The Looney Tunes. The film was a box office hit, and [...]
Exclusive: Two City lawyers on a mission to make their fintech the ‘Amazon of Islamic finance’ July 19, 2021 Islamic Finance Guru (IFG), a UK-based Islamic finance platform, has closed an investment round led by Outward venture capital, as the market for Islamic fintech grows. The UK-based startup has raised £3m from Outward VC and B&Y Venture Partners. The news come just a week after the Boubyan Bank Group announced that the world’s first [...]
Africa, an overlooked continent for global investment is becoming a burgeoning Fintech leader July 17, 2021 “But do people in Africa actually play video games?” That’s a question I am often asked when talking about my business, by bemused venture capitalists and startup founders alike, anywhere from London to Hong Kong, New York to Silicon Valley. That one question exposes a persistent attitude towards Africa; that the continent is decades behind [...]
Burberry stock drops as CEO departure spooks investors July 16, 2021 Shares sank 5.5 per cent in luxury fashion brand Burberry today, dragging its total share price to 1,955 as investors seemed uncertain about the company’s direction following its CEO’s exit. The brand pulled in £479m in revenue over the past three months despite over ten per cent of its stores remaining closed due to Covid [...]