Chancellor Rachel Reeves delivered Labour’s first Budget in 14 years, announcing £40bn of tax rises, Central London Alliance comments
Boohoo close to settlement agreement over fraudulent pricing action November 4, 2021 Online fashion retailer Boohoo has said it is close to a settlement agreement over a class action about misleading customers on pricing. A case filed in California alleged that the Manchester based company offered heavy discounts to US customers based on inflated original prices, which allegedly it had never asked customers to pay in the [...]
Five things: Derby day win for Sarries as Ford shines for Tigers October 31, 2021 Derby day victory for Saracens as domestic action continued, internationals returned and George Ford shined in five things we’ve learned. Derby day delight Yesterday the London bragging rights were up for grabs as Harlequins hosted Saracens at the Stoop. In their 22-29 win over their rivals, Sarries showed their skill in controlling their opposition and [...]
Twitter falls short of user estimates as class action weighs on losses October 26, 2021 Twitter’s monetisable daily active users fell short, the company reported. In its third quarter results, the social media platform registered 211 daily active users, falling short when compared to analysts’ estimates of 212.6 million. “Average monetizable daily active users (mDAU) reached 211 million, up 13 per cent year over year in the third quarter, accelerating [...]
Online estate agencies face class action from former self employed workers October 20, 2021 Former self-employed workers are to launch class action against online estate agencies such as Purplebricks and Yopa. Contractors For Justice (C4J) has said it will commence proceedings on behalf of thousands of formerly self-employed local property experts, local agents and territory owners. Workers have been disadvantaged by companies choosing to hire self-employed workers but directing [...]
BT takes £600m landline charges case to the Court of Appeal October 19, 2021 BT will continue to defend itself against the claim of overcharging customers by taking the tribunal ruling to the Court of Appeal.
The City of London should once again be a 24/7 city packed full of culture October 19, 2021 Seeing the old familiar buzz returning to the streets of the City of London is a welcome sight and one which cannot help but bring a smile to one’s face. The sight of friends and colleagues greeting one another, restaurants and cafes thriving once more and a vibrant cultural scene underlines what we always knew: [...]
Emma Raducanu to play first British event since US Open win at Royal Albert Hall October 11, 2021 Emma Raducanu is to return to British tennis courts for the first time since her US Open triumph next month at the Royal Albert Hall. The 18-year-old from Bromley has confirmed she will play an exhibition match at the Champions Tennis event, part of the ATP Champions Tour for senior players. Raducanu will be joined [...]
Bitcoin holds above $50k as alt markets falter October 6, 2021 Bitcoin continues to look strong this week, yesterday peaking at almost $52k – the highest it’s been in nearly a month.
‘Alpha-Flation’: A Private Market Syndrome September 28, 2021 In private equity (PE), there are more ways to calculate the alpha of a portfolio or fund than any other asset class. And in no sector other than private markets does investing in the average fund seem to go so poorly. Should it be this way? Is the average private market fund a bad fund [...]
Cryptocurrency sentiment remains bullish in wake of Beijing’s Bitcoin ban September 27, 2021 Bitcoin’s price fell from $45,064 to $40,759 in the wake of Friday’s news from China. Ethereum and other cryptocurrencies followed Bitcoin’s lead.