The pockets of London propping up the prime commercial property market August 20, 2024 The commercial prime market is, for want of a better word, doing OK. In the City, leasing increased by one per cent over its long-term average in the second quarter, while overall demand was 12 per cent below its long-term average. For a sector pummelled by downsizing amid changes to weekly working patterns, it’s not [...]
Typhoo Tea: Loss widens after trespassers cause ‘extensive damage’ to factory August 20, 2024 Typhoo Tea made a loss of almost £40m during its latest financial year after trespassers caused “extensive damage” to its Merseyside factory. The company, which recently relocated its registered office from Birkenhead, Merseyside, to Bristol, incurred one-off costs of more than £20m after its Moreton factory was broken into and occupied for several days during [...]
Mike Lynch: British tech mogul among missing after yacht sinks off Sicily August 19, 2024 One person has died and six are missing, including British tech mogul Mike Lynch, after a superyacht capsized off the coast of Sicily in the early hours of Monday morning.
Hays set to reveal profit slump amid tough recruitment market August 18, 2024 Hays is set to be the latest recruiter to reveal lower profits in the face of a challenging hiring market next week. The FTSE 250 commercial recruitment firm has already warned it was set for a “subdued summer” amid cost-cutting across the business to bolster its finances for the longer-term. Investors will be hoping that [...]
Litigation funding brought the Post Office to justice – now it’s time to take it to water companies August 16, 2024 Without litigation funding, the Post Office may have never seen justice. Now it’s time to use it against polluting water companies, writes environment consultant Carolyn Roberts Ofwat recently announced hefty fines for three water companies dumping sewage in our waterways. Alongside regulatory pressure, collective opt-out legal action like the one I’m leading can play a [...]
Tory leadership race: Tom Tugendhat slams Elon Musk riot comments as ‘delusional’ August 13, 2024 Tory leadership contender Tom Tugendhat has branded Elon Musk’s comments about the UK facing civil war “delusional” and “false”. The former security minister was asked about the social media boss’ remarks on his platform X, formerly Twitter, during a speech this afternoon about the recent far right riots in the UK. Musk recently posted that [...]
Work from home culture may damage the future of sport branding August 13, 2024 Has the phenomenon of working from home damaged the way sports brands can reach their audiences? Joe Langsworthy investigates. Sport in 2024 has never been more accessible. Yet watching our favourite pastimes live in stadiums, arenas and other venues remains out of reach to millions. Recently, Sir Lewis Hamilton condemned the rising prices of tickets [...]
18 new London rooftop bars in London to enjoy in the sun August 13, 2024 11 new London rooftop bars for summer, from Shoreditch to the Square Mile and further afield, here's where to raise a glass
What Paris should learn from London’s Olympic media legacy August 13, 2024 The 2024 Olympics are over and Parisians peeved at the general logistical chaos inflicted on them by the influx of tourists will be breathing an ‘ooh la la’ of relief. But, like the short-lived breakdancing event that has been axed for the 2028 Games, the actual sport is just a fleeting moment in the grand [...]
HSBC pledges not to close more branches until 2026 August 11, 2024 HSBC has pledged not to close any more of its branches until at least 2026 as regulators and politicians ramp up efforts to ensure access to cash and in-person banking services.