Kanabo further cements cannabis into healthcare industry with £14m deal February 22, 2022 London-listed Kanabo has bought a GP services company to help patients in accessing medicinal cannabis for some £14m. Kanabo, the first medicinal cannabis company to list on the London Stock Exchange, is set to use deal to bolster its telemedicine offering for patients with chronic pain, anxiety and central nervous system diseases. The capital’s cannabis [...]
Investment in London office space returns to pre-pandemic levels January 5, 2022 Investment into London offices has returned to pre-pandemic levels, new research has revealed, after the pandemic nearly killed off the traditional workplace. Investors pumped £11.3bn into office transactions last year, preliminary data from property agent CBRE found, matching 2019’s figure. The cash injection was nearly 50 per cent higher than the £7.6bn recorded in 2020, [...]
Non-EU migration increase paints a positive picture – but not the whole story April 19, 2022 At points over the past few years – amid apocalyptic warnings of Brexit’s impact on the capital and then Covid-19’s actual impact on our streets – there have been moments when you’d be forgiven for wondering about the future prosperity of the Square Mile and the wider London area. As life has returned to our [...]
Amazon makes U-turn and allows 50,000 corporate staff to work remotely indefinitely October 12, 2021 E-commerce Amazon said this morning plans to permit many tech and corporate workers to continue working remotely indefinitely as long as they can commute to the office when necessary. It is a change from Amazon’s previous expectation that most employees would need to be in the office at least three days a week after offices [...]
Ex-GSK Haleon lands on London market despite economic turbulence July 18, 2022 Haleon, GlaxoSmithKline’s (GSK) former consumer health division, will list on the London market today as a standalone entity. It is a sign of changing tides on the London Stock Exchange, which for years has heavily relied on oil, mining and financial firms. The new FTSE healthcare heavyweight, which awaits a response on its application to [...]
Two-pronged or two-punch? Boris’ Plan B closes in December 16, 2021 The Prime Minister doubled down on his Plan B approach yesterday evening after daily Covid-19 cases hit a record high with 78,610 new infections on Wednesday. Chief Medical Officer Chris Whitty warned that more records would be broken, with the Government “throwing everything” at the new Omicron variant. While the exact ratios are not yet [...]
Inflation to peak at more than 18 per cent, reckon Citi forecasters August 22, 2022 Inflation is set to surge above levels seen during the oil price shock in the late 1970s in a sign the UK economy is hurtling toward a long slump, new forecasts published today show. The cost of living will climb to 18.6 per cent in January, pushed higher by the energy watchdog hiking the cap [...]
Ageas’s interest Direct Line shows just how far the UK’s insurers have come since Covid March 9, 2024 And it is hard to overstate how difficult personal line insurers—by which we mean insurers whose customers are people, as opposed to businesses—like Direct Line, Admiral and Aviva have found business in the post-pandemic era.
Omi-gone: Brits flock back to pubs, bars and restaurants as social spending climbs January 13, 2022 The damaging drag the re-imposition of Covid-19 curbs had on Brits’ confidence is easing, reveal official figures released today. Britons rushed back to pubs, bars and restaurants in the immediate aftermath of Christmas and New Years in a sign that plan B’s blow to the UK services economy will disappear into the ether. Consumers have [...]
Israel warns for sharp drop in Pfizer’s double jab protection against Covid July 8, 2021 Israel is experiencing a sharp drop in the effectiveness of the Pfizer/BioNTech Covid-19 vaccine in preventing infections and symptomatic illness, the country’s Health Ministry has said. It did stress, however, that the jab remains highly effective in preventing serious illness. Lauren Anthony has more. Watch the full video report.