Schoolboy recording with The Beatles’ John Lennon and Yoko Ono fetches $75k at Danish auction September 29, 2021 A never-released-before cassette tape with an interview of John Lennon and Yoko Ono was sold at auction at Bruun Rasmussen Auctioneers last night. The recording was made during the couple’s winter visit to Thy in Northern Jutland in 1970. On the 33-minute recording, a conversation between the famous couple and four 16-year-old Danish schoolboys can [...]
City Moves: Who’s switching jobs in the Square Mile today? September 23, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Savills adds two to Super Prime London team Savills has added two new hires to its Super Prime London Residential Development Sales team at its headquarters on Margaret Street, who both previously worked for the estate agency. [...]
Londoners spark online shopping revolution during lockdown July 22, 2020 Londoners have catalysed an online shopping revolution, according to new research, after shoppers in the capital contributed the biggest spike in online sales in the UK during the Covid-19 pandemic. A new report by packaging firm DS Smith showed that 62 per cent of 2,000 Londoners surveyed increased their online shopping habits during lockdown, helping [...]
Home values dropping: Average house price falls by more than £2,000 November 15, 2021 New figures show this morning that the average price of a home coming to market dipped by more than £2,000 so far this month. Across Britain, the average price tag now stands at £342,401 – £2,044, or 0.6 per cent, less than in October – as sellers seek to attract buyers’ attention ahead of the [...]
Pound retreats after hitting three-year high amid variant concerns June 1, 2021 The pound retreated this morning after reaching a fresh three-year high versus the dollar amid economic recovery hopes. Well into the London session after the bank holiday weekend, sterling reversed its course to fall 0.2 per cent to $1.4183. The pound edged lower as concerns over a new coronavirus strain outweighed increasing investor optimism on [...]
Bloomsbury Publishing records highest ever first half sales and profits October 27, 2021 Bloomsbury Publishing delivered strong results in the first half with year-on-year revenue growth of 29 per cent to £100.7m and profit growth of 225 per cent to £12.9m.
Hello Sunshine, Reese Witherspoon’s company behind hit Big Little Lies, valued at $900m in Blackstone deal August 2, 2021 Academy award-winning actress Reese Witherspoon’s media company, Hello Sunshine, is selling itself to a newly formed media firm backed by Blackstone Group Inc for an undisclosed sum. The sale will value the company at about $900 million, people familiar with the matter told Reuters. Founded in 2016, Hello Sunshine is the women-led production house behind [...]
888 wins big with record ‘double-digit revenue growth’ January 18, 2022 888, one of the world's leading online betting and gaming companies, has announced “another record year”, with revenue growth of 14 per cent driven by expansion in regulated markets
NFTs could be the inclusive solution to the modern problem of digital ownership November 5, 2021 Though first conceived in 2015, the year when non-fungible tokens (NFTs) truly became a mainstay of the tech zeitgeist is 2021. Rarely a week passes by without major news of the latest star to invest on an eye-watering sale. September closed with news that the viral meme “Side Eyeing Chloe” sold for $75,000. Photoshop recently [...]
London property market enjoys strongest ever half-year, Chestertons says July 5, 2021 London’s property market has enjoyed its strongest ever half-year, according to Chestertons, who posted record sales in June. The estate agent’s latest market analysis found the highest monthly sales numbers in the company’s history were recorded last month, fuelled by buyers trying to beat the Stamp Duty deadline and wanting to move before price growth [...]