The £16 billion digital opportunity for Britain’s professional services July 15, 2021 The Covid-19 pandemic changed the professional services sector overnight. Firms across the UK reacted quickly as the country shut down, adapting to new ways ofworking and adopting unfamiliar technology. And some professional services firms didn’t just react – they thrived. The pandemic acted asa catalyst for these businesses to realise that adopting new technologies can [...]
MPs call for probe into record labels amid music streaming overhaul July 15, 2021 MPs have urged regulators to probe major UK record labels and Youtube as part of a radical overhaul of the music streaming market aimed at tackling “pitiful returns” for artists. In an eagerly-awaiting report published today, the culture select committee called for comprehensive reform to existing legislation as well as new regulations to “reset” the [...]
Land Sec eyes £500m hotels disposal July 13, 2021 Land Securities, the largest commercial property developer in the UK, is gearing up to offload £500m of hotel assets from its portfolio. Several of the hotels that the firm could sell are in London, including its Hammersmith Novotel branch, which is valued above £50m. The preparations were first reported by React News. A Land Securities spokesman said: [...]
House sales drop by over half as stamp duty holiday winds down July 12, 2021 House prices were down 60 per cent on the five year average in the first week of July as the stamp duty holiday comes to an end. This follows a bumper June, with the number of UK property transactions last month set to be the highest on record according to Knight Frank. Tax savings fell [...]
Euro 2020: Counting down to England-Denmark as 60,000 supporters arrive at Wembley July 7, 2021 Sunshine has broken through the clouds for the first time on Wednesday as Denmark supporters wearing Viking horns took selfies with rival fans clad in England flags. Hundreds of people have gathered outside Wembley Stadium in north-west London ahead of the teams’ semi-final clash at 8pm. Dozens of police are patrolling the perimeter, as England [...]
Former trader at JP Morgan wins case against investment bank over spoofing July 7, 2021 Former trader at JP Morgan wins case against investment bank over spoofing
Gary Lineker still BBC’s top paid star despite pay cuts July 6, 2021 Gary Lineker is still the BBC’s highest-paid star despite taking a pay cut last year as the corporation looks to slim down its hefty wage bill. The former England footballer and Match of the Day presenter earned £1.36m, the BBC’s latest annual report showed, down from £1.75m the previous year. It comes after Lineker, who [...]
Last Man Standing: Nick Broomfield Biggie & Tupac sequel fluffs July 2, 2021 Documentary icon Nick Broomfield returns with a kind-of sequel to his 2002 film Biggie & Tupac, his investigation into the murders of Biggie Smalls and Tupac Shakur in the mid-90s. Last Man Standing investigates the life and influence of Suge Knight, the man whom he believed was responsible for the infamous deaths of both rappers [...]
Greedy haulage chief who ran ‘lawless’ business jailed for 15 years June 29, 2021 A greedy haulage boss who ran an “entirely lawless” business has been jailed for 15 years, after two men died when their car was hit by a lorry with defective brakes that would have cost just £200 to repair. Michael Holgate, 39, was convicted of the manslaughter through gross negligence of Nigel Eley and John-Paul [...]
Whisky casks the new alternative asset class getting investors excited June 28, 2021 Wine, art, now even non-fungible tokens – the list of alternative asset classes is as varied as it is long. But whisky casks are making their arrival at the heart of the market, with the Knight Frank Luxury Index suggesting their values had shot up 534 per cent over a ten-year period. And firms are [...]