Budget 2021: Self-employed grants extended to 600,000 individuals left behind March 3, 2021 Some 600,000 self-employed people who were unable to claim government grants will be now be able to do so. Speaking in Westminster this afternoon Chancellor Rishi Sunak announced the self-employed income support scheme would be extended to support around 600,000 more people. The new policy will help thousands of newly self-employed who have not been [...]
Royal aides reveal Meghan Markle faced bullying allegation March 3, 2021 Royal aides have revealed Meghan Markle faced a bullying complaint made by one of her closest advisers during her time at Kensington Palace. The complaint claimed Markle drove two personal assistants out of the household and was undermining the confidence of a third staff member, the Times reported. The news comes ahead of an [...]
Crispin Odey’s hedge fund hits three-decade high as sexual assault trial rumbles on March 2, 2021 Crispin Odey’s hedge fund hits three-decade high as sexual assault trial rumbles on
New Attorney General named to cover Suella Baverman’s maternity leave March 2, 2021 Conservative MP Michael Ellis QC has been temporarily made Attorney General while Suella Braverman is on maternity leave. Braverman is due to be on maternity leave for six months, during which Ellis will take up the reins in her absence. Ellis, who was elected Conservative MP for Northampton North in May 2010, was officially made [...]
Grave concerns prompt watchdog intervention on pre-paid funeral plans March 2, 2021 The City regulator has launched a consultation on how it plans to regulate the pre-paid funeral plans sector, which has faced criticism from the media and consumer groups. Under its remit, the Financial Conduct Authority (FCA) intends to ensure the products meet the individual needs to consumers, the plans are sold fairly and the price [...]
Vote of confidence for London as Deloitte office sold to Hong Kong real estate business for £255m March 2, 2021 A large City of London office, used by Deloitte, has been sold to a Hong Kong-based real estate company for £255m. The 147,000 sq ft office, Athene Place at 66 Shoe Lane, recently underwent a full refurbishment before the sale. In June 2018 Henderson Park bought the space after Deloitte had vacated the building. The [...]
Financial services firms move £1.3 trillion to EU following Brexit vote March 2, 2021 Financial services firms move £1.3 trillion to EU following Brexit vote
Hurst Point completes acquisition of Hawksmoor Group March 2, 2021 Private equity firm Hurst Point Group has fully acquired Hawksmoor Group, completing the transaction on 1 March 2021. Investment management firm Hawksmoor will become a separate subsidiary of Hurst Point. Hawksmoor CEO Sarah Soar said: “Today marks a landmark in the history of Hawksmoor. Becoming part of the Hurst Point Group gives us support to [...]
Online sales drive another tasty six months for Hotel Chocolat March 2, 2021 Revenue and profit before tax were up at Hotel Chocolat in the six months ended 27 December, with online growth offsetting the physical reduction in retail caused by the Covid-19 restrictions. Revenue at the chocolate retailer was up 11 per cent to £101.9m and profit before tax stood at £15.5m, an increase of three per [...]
Britain seeks G7 consensus on big tech company dominance February 26, 2021 Britain is seeking to build a consensus among G7 nations on how to stop large technology companies exploiting their dominance. Following Facebook’s row with Australia, Britain is seeking a consensus among the G7 nations that will “bridge the gap between what [tech companies] say they do and what happens in practice,” digital minister Oliver Dowden [...]