Meet Dhavall Gandhi, the Willy Wonka of the spirits world June 15, 2021 Now you can have your whisky and drink it. With cake-loving, sweet-toothed malt lovers in mind, Lakes Distillery has added a patisserie-influenced single malt to its Whiskymaker’s Editions series, created exclusively for Harvey Nichols. Inspired by the sensory experience of a Parisian cake shop, the new expression is called Le Goûter, meaning “taste it”. Lakes [...]
$40,000 achieved as Paul Tudor Jones piles in on Bitcoin June 15, 2021 Bitcoin continues to surf a wave of good news, with yesterday adding bullish billionaire investors to recent national adoption news, Musk’s re-emergence, and more MicroStrategy buying.
City businesses urged: keep following rules to stop rise in COVID infections June 15, 2021 The City of London Corporation is urging businesses to follow the rules after concerns that there have been COVID outbreaks because of poor compliance with social distancing guidelines in some workplaces and hospitality settings. Chairman of the City of London Corporation’s Community & Children’s Services Committee, Ruby Sayed, said whilst everyone in the country is [...]
Queen’s Birthday Honours list recognises four City Corporation figures June 15, 2021 A City of London Corporation Member, a transport expert and leaders in the charity and education sectors have been recognised in the Queen’s Birthday Honours. The four will receive awards for their work supporting communities in the Square Mile and across London, including during the COVID-19 crisis. Henry Jones, who has represented Portsoken ward on [...]
Crypto assets: you can doubt, but you can’t hide June 15, 2021 It is no longer prudent to ignore the potential of crypto assets. The investment industry can be sceptical about crypto assets. Investors can certainly choose not allocate to them, but few can afford to ignore them. Why? Not just because Bitcoin’s dizzying ascent has captured the popular imagination but the more persuasive reasons why the [...]
Mean on green: LGIM oust four companies over ‘insufficient’ climate commitments June 15, 2021 One of London’s oldest fund managers Legal & General Investment Management has said today it will exclude four companies from some of its funds over their “insufficient” climate change response. US insurance giant AIG, the most notable of the divested companies, joins Chinese lender Industrial and Commercial Bank of China, US utility company PPL Corporation [...]
US and EU near truce in long-running $11.5bn trade war June 15, 2021 The US and EU are set to announce a five-year suspension of tariffs over aircraft subsidies, marking an end to a trade dispute that has lasted 17 years. The two sides have agreed to pause the world’s largest corporate trade dispute and focus on the threat posed by China’s nascent commercial aircraft industry, sources told [...]
To notify or not to notify? The potential perils of uncertain tax treatments June 15, 2021 The Government is proposing that large businesses should be required to notify uncertain tax treatments to HMRC. ICAS has responded to the second HMRC consultation on the proposals – the fundamental flaw in the original proposals has not been addressed. They remain poorly targeted, so will potentially impose a burden on all large businesses. Why [...]
Dead centre of town: City looks to bring new life to cemetery cafe June 14, 2021 Fancy a thriller of a business opportunity? The City of London Cemetery and Crematorium is looking for a new proprietor to refurbish and operate its on-site café for visitors and mourners. With the current five-year lease coming to an end, the City of London Cooperation is accepting new proposals for the Gatehouse Cafe at the [...]
Internal BBC review clears broadcaster over rehiring of Martin Bashir June 14, 2021 A hasty internal investigation carried out by the BBC has cleared the broadcaster over the rehiring of reporter Martin Bashir in 2016, but highlighted “shortcomings” in the process. An inquiry into Bashir’s appointment as religious affairs correspondent found there was no evidence he was hired to cover events surrounding his notorious 1995 interview with Princess [...]