Itsu hopeful of return to pre-pandemic sales growth this year March 7, 2022 East-Asian inspired fast food chain Itsu has said it is confident it will return to like-for-like sales growth this year. In documents filed to Companies House last week, the high street chain posted its financial accounts for the period ended 31 December 2020. Group revenue hit £61.7m for the period, which was marred by Covid [...]
Lord Barker under pressure to cut ties with EN+ Group despite restructuring plans March 6, 2022 Lord Barker is facing increasing pressure from politicians to cut links with En+ Group following Russia's invasion of Ukraine
British human rights lawyer flees Hong Kong after meeting with national security police March 3, 2022 A British human rights lawyer has left Hong Kong after being ordered to meet with the city-state’s National Security police. British barrister Paul Harris, the former head of the Hong Kong Bar Association, got on a flight to Turkey, after attending an interview with Hong Kong police officers over alleged violations of Hong Kong’s national [...]
Russian oligarch found dead by gardener in garage of his £18m Surrey mansion March 3, 2022 A 66-year old Russian oligarch was discovered dead by one of his gardeners in the garage of his £18m English mansion, it has been reported. Mikhail Watford, formerly known as Mikhail Tolstosheya, ws found dead in his mansion in Virginia Water, Surrey. His death, which comes less than a week after Russia invaded Ukraine, is [...]
Brave soul: Russian businessman puts $1m bounty on Vladimir Putin’s head for war crimes March 3, 2022 A Russian businessman has said he will pay $1m for anyone who arrests Russia’s president Vladimir Putin for war crimes. Alex Konanykhin is urging Russian military leaders to arrest and detain Putin as a war criminal. In a post on Facebook, the California-based crypto investor writes “I promise to pay $1,000,000 to the officer(s) who, [...]
Schroders assets under management reaches a ‘new high’ of over £730bn March 3, 2022 Schroders assets under management (AUM) have reached new heights, swelling by 10 per cent last year to £731.6bn. The asset manager enjoyed a profit before tax jump of 25 per cent, reaching £764.1m, the first announced in its full year results today. The “strong” financial performance prompted the board to recommend a dividend of 122.0p [...]
Revenue soars for London estate agent Foxtons as ‘hustle and bustle of city life’ returns March 2, 2022 London estate agent Foxtons has posted buoyant revenue of £126.5m, up on pre-pandemic levels. The company reported revenue up 35 per cent against 2020 and up 18 per cent against 2019, in financial results published on Wednesday. The boosted results come as renters have flocked back to London with the scrapping of Covid restrictions. The [...]
A friend of Putin: Former German chancellor’s staff quit March 1, 2022 Former German chancellor Gerhard Schroeder has reportedly watched all the staff in his taxpayer-funded office walk away, while he resists growing pressure to cut his ties to the Kremlin. It comes amid the Kremlin-backed invasion of Ukraine, which has seen Schroeder – a long-time friend of Putin – fall under scrutiny. Leaders of Germany’s Social [...]
Johnson accuses Putin of ‘indiscriminately killing children’ as Russia accused of war crimes March 1, 2022 Boris Johnson has accused Vladimir Putin of indiscriminately “sending missiles into tower blocks to kill children” as evidence of widespread Russian war crimes against Ukrainians begins to mount. The Prime Minister today said after a meeting with Polish PM Mateusz Morawiecki that “I’m more convinced than ever as this hideous conflict progresses that Putin will [...]
McKinsey and BCG face calls to cut ties with Russian businesses, after pledging to sever links with Putin government March 1, 2022 Consultancy giants McKinsey and Boston Consulting Group (BCG) are facing calls to further sever their links to Russia, after both firms said they would stop working with the Russian government. The calls come after the UK government called on City of London firms to cut ties with Putin’s regime. Consulting giant McKinsey is facing calls [...]