Spac boom falters as regulators ramp up scrutiny April 24, 2022 A global boom in so-called blank-cheque firms has faltered in the first quarter of 2022 as investors grow sceptical of the vehicles and regulators prepare to clampdown on fanciful financial forecasting.
MPs slam China’s role in new offshore wind farm that could power over one million homes August 30, 2023 Conservative MPs have criticised the role of a Chinese investment group in a new offshore wind farm that could power over a million homes.
Wework rival IWG boosts revenue as franchise business expands November 5, 2019 Wework rival IWG boosted revenue in the third quarter as the flexible office space provider built momentum with its expansion plans and international franchise business. IWG reported a 9.4 per cent increase in revenue to £692.3m in the three months to 30 September, driven by the Europe, Middle East and Africa (EMEA) and US markets. [...]
Amazon to invest £300m in UK network to ‘electrify and decarbonise’ October 10, 2022 Amazon is to invest more than £300m in its electric vehicle fleet for the UK in a bid to reduce carbon emissions. The technology and delivery giant announced more than 1billion Euros investment across Europe over the next five years, with a big chunk in Britain to “electrify and decarbonise” its transportation network. While already [...]
Heathrow cancels flights ‘to ensure silence’ for Queen coffin procession and funeral September 14, 2022 Heathrow Airport cancelled flights today to “ensure silence” over the capital during the procession for HM The Queen, and will pull more journeys on Monday for the funeral. The UK’s biggest airport said it had made “appropriate alterations”, with flights between 13.50 and 15.40 on Wednesday “disrupted.” It said disruption was to “ensure silence over [...]
Lampard happy with Boehly being in Chelsea changing rooms April 17, 2023 Chelsea interim manager Frank Lampard insists he is comfortable with the club’s co-owner Todd Boehly playing an active role in the dressing room ahead of Tuesday’s must-win Champions League clash with Real Madrid. Boehly reportedly gave a speech after the Blues’ 2-1 loss to Brighton on Saturday in which he singled out one player for [...]
Aviation regulator restricts flying over London ahead of Queen’s funeral September 13, 2022 The UK aviation regulator has set curtailed the country’s airspace ahead of the Queen’s funeral and mourning period. The CAA announced today it had restricted flying over central London between 9 and 19 September as well as between Balmoral Castle and Holyroodhouse from Saturday until today. The restrictions are also applicable to drones. Under the [...]
Wework rival IWG sells Swiss business for £94m November 4, 2019 Wework rival IWG has made its latest international divestment with the sale of its Swiss business in a deal worth £94m. IWG has sold its 38 flexible co-working locations in Switzerland to a joint entity owned by private banking group J. Safra Group and real estate investor P. Peress Group. Read more: IWG in talks [...]
Rugby round up: Descriptive audio, colour blindness and England A February 15, 2024 Despite the lack of Six Nations this week to get fans and others alike talking about rugby, the sport has seen a number of exciting announcements this week. From new audio description at the Six Nations to changes to aid colour blindness and the England A announcement. Here’s what you may have missed. Six Nations [...]
Ex-Wework CEO Adam Neumann accused of pregnancy discrimination October 31, 2019 Ousted Wework chief executive Adam Neumann has been accused of discrimination by his former chief of staff, who has said she was belittled at the company for getting pregnant and then ultimately fired when she raised concerns. Read more: Wework could be worth ‘zero,’ says Bill Ackman Medina Bardhi alleged in a filing to the [...]