Savills to pay dividend as UK residential unit makes ‘extraordinary’ recovery March 11, 2021 Savills has reinstated its dividend this morning as it reported that its UK residential agency division performed strongly last year, despite an overall drop in profit. The estate agent chain, which last year suspended its dividend due to the uncertainty caused by the coronavirus pandemic, said shareholders will pocket a 17p per share payout. Profit [...]
MPs urge government to ensure travel restart plans are made public March 11, 2021 MPs have today urged the government to make public the Global Travel Taskforce’s recommendations when the body reports to the Prime Minister on plans for reopening travel on 12 April. In a new report, the parliamentary transport committee said that the failure to do so would rob the aviation industry of much-needed clarity. When the [...]
Dow hits record high as Biden’s $1.9 trillion Covid stimulus bill gets final approval March 10, 2021 The blue-chip Dow Jones hit a new record high tonight as President Joe Biden’s $1.9 trillion (£1.4 trillion) Covid-19 stimulus bill received final approval in the House of Representatives. The bourse jumped 1.5 per cent over the course of trading to hit 32,297.81 after inflation fears subsided today. In addition, the S&P 500 also ground [...]
36 amazing restaurant delivery kits to cure your food ennui March 10, 2021 Almost a year since the first lockdown, the restaurant world has been forced to change in ways that would have seemed laughable in the pre-Covid times. Top chefs including Simon Rogan are now launching successful at-home delivery platforms that promise to change the face of fine dining for years to come. We have sampled some [...]
BBC to cash in on children’s shows amid commercial push March 10, 2021 The BBC has unveiled plans to cash in on the success of its children’s TV shows as the embattled broadcaster looks to ramp up its income from commercial ventures. The corporation today said it will move BBC Children’s Productions, which makes shows such as Blue Peter and My Mum Tracey Beaker, into its commercial arm [...]
Greensill’s downfall: Ripples of panic as flaw in shadow banking spin led to firm’s tragic end March 10, 2021 It has been a week from hell for Greensill Capital. Just a year after Australian financier Lex Greensill sought a $7bn valuation, his boutique bank filed for administration this week as his lawyers appeared before a UK court on Monday. What is likely to turn into the tragic end to what once was a City [...]
DLT may not be the silver bullet, but it’s worth a shot March 10, 2021 Lord Holmes of Richmond MBE delivers the third installment of his five-piece analysis of the government's Financial Services Bill.
500 cars and counting: Studio434, Europe’s biggest classic car collection March 9, 2021 Located close to north London, the huge and eclectic Studio 434 collection supplies cars to The Crown, Peaky Blinders, Downton Abbey and more.
For the continued growth of esports, local and accessible venues are key March 9, 2021 In the summer of 2020, a monumental deal for the wider esports space was announced, and whilst it made some noise in financial, esports and gaming circles, it went by largely without much fanfare. The acquisition of Belong by GAME by esports infrastructure company Vindex, and the associated news that the US-based firm plans to [...]
London house prices to boom over next five years, Savills predicts March 9, 2021 London house prices are set to boom over the next five years, estate agent Savills said as it upped its UK property market forecasts for 2021. House prices in London’s mainstream market are expected to rise 12.6 per cent in the five years ended 2025, the real estate firm said. Meanwhile prime central London house [...]