From igloo glamping to glacier kayaking, the frozen landscape of the Pemberton Icecap has been transformed into a tourist hotspot January 18, 2019 Outside, the sun is blazing hot, a white glare cast across a vast expanse of snow. Inside the ice cave, it’s one degree above freezing; a gleaming cool blue cut through with a trickling lake of glacial water. Centre stage is a moulin, a frozen “straw” of ice that glows as the sunshine above ground [...]
Brits rack up £1.3bn in music sales, with UK artists making up half of the top 20 best-sellers for 2018 January 3, 2019 British artists had their most bumper year to date in 2018, as local musicians scored half of the UK’s top 20 albums last year with more than £1.3bn in music retail sales across the country. Data released today by record label association the BPI put singer/songwriter George Ezra's 'Staying At Tamara's' as the best-selling album released in 2018, [...]
Rio Tinto shares soar after $2.1bn share buyback completed November 12, 2018 Rio Tinto shares have soared this morning after the miner completed a $2.1bn (£1.62bn) buyback and finalised the $576m sale of land in British Columbia. The miner said it completed its off-market buyback of 41.2m shares in its Australian division Rio Tinto Ltd at a discount of 14 per cent to the market price – [...]
Vote of confidence? This Japanese bank just signed for a huge new office in the City February 13, 2018 A Japanese banking giant has given a vote of confidence to the capital by signing for a vast new office space at the redeveloped Broadgate scheme on Liverpool Street. The European arm of Sumitomo Mitsui will take 161,000 sq ft at 100 Liverpool Street, part of the Broadgate development. The lender will take the first [...]
Holiday Homes: New homes in a Renaissance palace set out to convert luxury second home buyers to the charms of Mallorca April 1, 2019 It would be too easy to dismiss Mallorca as simply a package holiday destination crowded with ex-pats and fake-tanned Love Island wannabes. But Palma, the Balearic Island’s elegant and historic capital, has now firmly shaken off its package-holiday past. Once the gateway to Mallorca, Palma is now a high-end destination with two Michelin-starred restaurants, designer [...]
British Land posts a loss as Brexit vote hits asset values November 16, 2016 British Land's share price fell in morning trading after the company posted a loss due to the Brexit vote hitting UK commercial property prices. The figures The company behind the "Cheesegrater" announced a loss of £205m in the six months to the end of October as compared to the same period last year, down from £823m [...]
Jaguar Land Rover set to announce up to 5,000 job cuts January 10, 2019 Jaguar Land Rover is reportedly set to axe 5,000 jobs in a cost-cutting exercise after seeing a slump in Chinese demand for its vehicles coupled with a fall in diesel sales. The mass redundancies would help the company free up £2.5bn in cash flow, a transformation programme it announced in October. Read more: China sales [...]
From Bercow to Corbyn, Trump’s UK visit has exposed a nest of political hypocrites May 2, 2019 No sooner had the announcement been made that President Donald Trump would be making a state visit to the UK in June than a predictable flurry of criticism emerged from a group of the usual suspects. Leading this crowd of dissenters who have said that they will refuse to attend a state dinner with our [...]
From Bercow to Corbyn, Trump’s UK visit has exposed a nest of political hypocrites May 2, 2019 No sooner had the announcement been made that President Donald Trump would be making a state visit to the UK in June than a predictable flurry of criticism emerged from a group of the usual suspects. Leading this crowd of dissenters who have said that they will refuse to attend a state dinner with our [...]
The Extinction Rebels seem to care more about capitalism than climate July 19, 2019 If your commute to work this week has been blocked by a giant colourful boat, you have Extinction Rebellion (XR) to thank. The self-defined “non-violent civil disobedience activist movement” has begun its summer of disruption, shutting down traffic in five UK cities to protest against climate change “inaction”. A worthy and vital attempt to safeguard [...]