WPP confirms sale of post-production house The Farm Group to US rival June 21, 2019 WPP has confirmed the sale of its TV and film post-production firm The Farm Group to LA-based rival Picture Shop. Read more: Sorrell poaches two former media executives with links to WPP for new venture S4 Capital The ad giant today said it has signed a deal to sell its 75 per cent stake in [...]
Taylor Wimpey sees strong housing demand as market continues recovery April 22, 2021 Housebuilder Taylor Wimpey today said that the housing market has remained healthy in 2021 after a surge in customer demand. Speaking in a trading update, Taylor Wimpey reported a net private sales rate for the year to 18 April of 1.00, compared to 0.90 in 2020. Its total order book value stood at around £2.81bn, [...]
Scotland may be famous for whisky but its gin is on the rise October 6, 2021 When you think of Scottish spirits, there really isn’t any competition. The ‘water of life’ is an international brand, and even fierce competition from Japan to the East and the US to the West have not shaken Scotland’s place as the one true home of whisky. But there is another spirits industry quietly gaining international [...]
Fizz is the fun we need: Your guide to sparkling wine October 6, 2021 After a year and a half of lockdown there is an undeniable thrill in leaving the living room. As we head into town to gossip once more by the water cooler, we deserve more of a celebration than an oat-milk latte clutched on the commute. Times like these call for sparkling wine, the true beverage [...]
Retirement property developer McCarthy Stone secures £200m to expand rental offering April 8, 2021 Retirement property developer McCarthy Stone has secured £200m in financing to expand its rental portfolio. The finance will be provided jointly by John Laing and Macquarie Capital, and will help the UK developer expand its rental properties to “a growing aging population”. Brigid Investments Limited, a special purpose vehicle formed by John Laing and Macquarie [...]
Stimulus cheques from Washington boost US retail spending, but 576,000 file jobless claims April 15, 2021 Stimulus cheques from Washington boost US retail spending, but 576,000 file jobless claims
UK housebuilder Bellway ups selling price expectations and reinstates dividend March 24, 2021 Bellway this morning reinstated its dividend and upped its selling price expectations for this year as the UK housebuilder reported strong demand for new homes. The FTSE 250 developer said the full-year average selling price is now forecast to be more than £295,000, up from a previous estimate of £293,054. It announced it will reinstate [...]
Cancel culture: Will 2022’s cancelled celebrities make 2023 comebacks? December 24, 2022 If we’ve learned anything about cancel culture in the last few years, it’s that being cancelled doesn’t necessary mean, well, being cancelled. Harvey Weinstein had been cancelled. But then there he was, sipping on a drink in a public bar, without a care in the world. J.K. Rowling had been cancelled too. But then there [...]
Amazon destroying hundreds of thousands of unsold items every week June 21, 2021 Amazon is destroying hundreds of thousands of unsold items every week, amounting to millions of items each year, many of which are new and unused. An undercover investigation by ITV found Smart TVs, laptops, drones, hairdryers, top of the range headphones, computer drives, books and thousands of sealed face masks were sorted into boxes marked [...]
Crest Nicholson hikes profit expectations as UK housing market remains ‘resilient’ March 23, 2021 Crest Nicholson has hiked its profit expectations for the year, saying the UK housing market has remained “resilient” to the impact of Covid-19. The UK housebuilder said profit before tax for the year ended 31 October 2021 is expected to be around £85m, up from previous expectations of £74.3m. Crest Nicholson’s share price jumped 4.1 [...]