Exclusive: Third of law firms consider going public in search of funds for expansion November 30, 2021 Around a third of law firms are contemplating listing on the stock market in the next year to fund growth plans, according to new research shared exclusively with City A.M. The findings underpin a growing trend among law firms to explore alternative financing models beyond traditional partnerships. Gateley was the first law firm to float [...]
UK rakes in largest-ever Black Friday sales day yet November 27, 2021 Shoppers in the UK spent heavily on Black Friday this year, as data from banks and card operators showed it was Brits’ biggest-ever sales day, placing the nation on track to spend almost £9.2bn by the end of this weekend. Spending during Black Friday in the UK reached record highs by close of business on [...]
New Zealand to enter strict lockdown after single Covid-19 case detected August 17, 2021 New Zealand is set to enter its highest level of lockdown tonight after detecting a single case of Covid-19 in Auckland, Prime Minister Jacinda Ardern has confirmed. A 58-year-old man has been found to have the virus – the first coronavirus case within New Zealand’s borders for 170 days. The strict restrictions comes amid concerns [...]
Poorly insulated households to pay over £700 more on rising energy bills August 31, 2022 Poorly insulated households will see their energy bills rise over £700 more than energy users living in more efficient properties.
London house prices: How bad will the crash be in the 2023 recession? January 1, 2023 London house prices are expected to fall this year as interest rates rise and the recession bites – but will it be a small slide or a full-blown crash? Property experts are torn A housing market cooldown is expected in 2023 but prices will remain higher than before the coronavirus pandemic started, experts have suggested. [...]
US drugmakers and distributors to cough up $26bn to settle opioid claims July 20, 2021 US drug distributors and drugmakers are set to cough up $26bn to settle claims they helped stoke a nationwide opioid epidemic. Drugmaker Johnson & Johnson will pay $5bn, while drug distributors McKesson Corp, Cardinal Health, AmerisourceBergen Corp will pay $21bn altogether. The news was first reported by Reuters. Read more: US bins 60m contaminated Johnson [...]
UK property market bottoms out after stamp duty relief end November 23, 2021 The end of a watered down tax relief on home sales has caused the property market to bottom out, according to official figures released today. Research by HMRC found property sales shrank around 52 per cent over the last month, dropping to 76,930 in October, down from 160,220 in September. The looming end of the [...]
UK hiring woes: Amazon lures new recruits with £1,000 joining bonus August 25, 2021 E-commerce giant Amazon is offering new warehouse recruits a £1,000 joining bonus as it looks to attracts staff amid a mounting hiring crisis. The group is advertising for “urgently needed” warehouse pickers and packers across the UK to help meet booming online shopping demand. Job ads on the Indeed website reveal it is offering to [...]
Royal Mail warns against further price rises as it fails to keep up with pandemic momentum May 19, 2022 Royal Mail posted humble results this morning with revenue down 1.6 per cent year-on-year reflecting changing consumer behaviour following removal of lockdown restrictions and lower international volumes.
Pfizer to seek permission in US to give Covid vaccines to under-12s in days September 27, 2021 Vaccine giant Pfizer/BioNTech is set to ask for permission to vaccinate US children under 12 soon. The firm said it would submit data on children aged five to 11 to the Food and Drug Administration (FDA) for consideration very shortly. “It is a question of days, not weeks,” Pfizer chairman and CEO Albert Bourla told [...]