World’s largest superyacht puts luxury apartments up for sale June 28, 2021 While private boats may be out of reach for all but the world’s richest people, wealthy househunters will now be given the chance to own a slice of what will be the largest superyacht ever built. Backers of the 220-metre vessel, due to launch in 2024, are offering 39 apartments for sale on the boat [...]
Last orders: Many pubs remain shuttered despite lockdown easing June 26, 2021 Scores of British pubs remain shuttered despite the easing of lockdown restrictions across the country, new research has suggested. A survey of 1,000 Brits carried out by the British Beer and Pub Association (BBPA) found that 40 per cent of people say their favourite boozers are still closed. The lobby group said many pubs were [...]
Covid: ‘No substantial outbreaks’ following mass events trial June 25, 2021 No substantial outbreaks of Covid-19 were recorded following the first part of a government trial to test mass events, a new report has found. Over 58,000 people attended nine pilot events in April and May, including a club night in Liverpool, the FA Cup final at Wembley and the Brit Awards at the O2. Just [...]
Half of UK festivals now cancelled as insurance pleas mount June 25, 2021 More than half of UK festivals planned for this summer have now been cancelled due to ongoing uncertainty about coronavirus restrictions. Industry body the Association of Independent Festivals (AIF) today said it estimates that 51 per cent of all festivals with more than 5,000 attendees have been called and warned the sector was at a [...]
Co-op introduces support for staff affected by pregnancy loss June 25, 2021 Co-op has introduced new measures to support its employees and their partners that have been affected by pregnancy loss. Created in partnership with the Miscarriage Association, the new dedicated pregnancy loss policy was designed to support employees affected by miscarriage, stillbirth, embryo transfer loss, molar pregnancy and termination of pregnancy for any reason. Co-op’s announcement [...]
London risks lost summer unless vaccinated foreign tourists can bypass quarantine, businesses warn June 25, 2021 London risks lost summer unless vaccinated foreign tourists can bypass quarantine, businesses warn
Ocado settles espionage spat with its founder Jonathan Faiman after ‘significant payment’ June 25, 2021 Ocado said today it has settled a legal dispute with its co-founder and a former employee after accusations they secured confidential documents from the online retail firm while they set up a competitor. Ocado Group said Jonathan Faiman, who co-founded the business and exited in 2008, and Jon Hillary, one of its longest-serving employees before [...]
Online retailer CMO eyes £100m AIM listing in bid to disrupt building materials market June 25, 2021 Online-only building materials firm CMO is set to list on London’s AIM market next month, the company announced this morning. Morning Wire understands that the Plymouth-headquartered outfit is likely to fetch a valuation of around £100m. CMO will be looking to follow in the footprints of fellow home improvement retailers Victorian Plumbing, which listed on [...]
Small businesses battered by Covid restrictions see return to pre-pandemic sales June 24, 2021 Small businesses are seeing their sales slowly creep back toward pre-Covid levels, but sectors such as hospitality and arts and recreation still have a way to go. An analysis of the records of hundreds of thousands of companies shows that the health of small businesses has remained steady. However, despite the easing of lockdown restrictions [...]
Kate Middleton’s favourite maternity brand gears up for £61m IPO June 24, 2021 Seraphine, known for being Kate Middleton’s go-to maternity brand, is gearing up for a £61m float on the London Stock Exchange. The group, which will float on the main market of the LSE and is expected to IPO next month, intends to use approximately £16m of proceeds to repay its existing term loan and to [...]