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07 OUT DARK SKY® ALQUEVA In the top 100 of 2020 Sustainable Destinations

07 OUT DARK SKY® ALQUEVA IN THE TOP 100 OF 2020 SUSTAINABLE DESTINATIONS In 2020, Dark Sky® Alqueva reaches the Top 100 of Sustainable Destinations in an atypical year where rural destinations reached and conquered an important space in tourist demand. People began to feel the need for space, to have fewer people...

Augusta raises additional $115m for litigation and dispute funding

Investment in response to growing demand from lawyers Augusta, the UK’s largest litigation and disputes funder by case volume announces it has raised a further US $115m from a multi-billion-dollar US-based investment manager. In 2018, Augusta secured £150m from a global investment fund, to finance business growth and investment in funding cases....

An affiliate of Sun European Partners announces that it has completed the sale of Famosa

Sun European Partners, LLP (“Sun European Partners” or “Sun”) today announces that one of its affiliates has completed the sale of Fábricas Agrupadas de Muñecas de Onil, S.A. (“Famosa” or “the Company”), a leading designer, developer, manufacturer and distributer of toys in Spain and throughout the world, to Giochi Preziosi S.p.A..  Famosa,...

Huge Tax Changes for Self-Employed Following Publication of New Legislation

On 11 July 2019, the Government published draft legislation outlining the IR35 changes coming to the private sector, which are expected to affect 250,000 businesses. The reform will impact users and suppliers of personal service company contractors in the private sector. Companies have only nine months to plan for the new off-payroll changes, as they...

Young people pick their banking partners for the future

Battle of the brands Generation Z calls the brands it will bank on in 2030 Britain Banks most trusted for handling payments and safe storage of dataTech brands first choice for creating smart, real-time servicesAs a sector, financial services scores poorly for ethics and positive social impact More than two in five young people (43%) believe that...

Finance

20VC: Evernote & mmhmm Founder Phil Libin on Why We are Beginning a Multi-Trillion Dollar Restructuring of the World, Why Shortcuts are the Biggest Mistakes Startups Make & The Future of Video and The Unbundling of Zoom

Phil Libin is the Founder and CEO @ mmhmm, the app that allows you to level up your remote presentations, making high-quality video content in minutes. To date, Phil has raised over $30M for the company from an incredible investor base including Sequoia, Kevin & Julia Hartz, Tony Fadell, Instagram’s Kevin Systrom and Mike Krieger and Brianne...

20VC: Hims Founder Andrew Dudum on Hims Going Public, The Reasoning and Benefits of SPACs, The Biggest Misconceptions of Successful Company Building & Wall St’s Changing Perceptions Towards Growth and Profitability

Andrew Dudum is the Founder & CEO @ Hims & Hers, offering a modern approach to health and wellness and one of the fastest-growing companies to reach $1Bn. Prior to their going public on Tuesday this week, Hims raised over $158M from some of the best including Thrive, Forerunner, Founders Fund, IVP, Redpoint and more. As for Andrew, alongside...

20VC: Etsy CEO, Josh Silverman on 2 Defining Traits of Great Leadership, The Danger of Attaching Happiness To Milestones, How To Structure Teams To Optimise for Experimentation and Agility &Whether You Learn More From Success Than Failure

Josh Silverman is the CEO @ Etsy, leading the company as it builds a platform that empowers creative entrepreneurs around the world. Prior to their IPO, Etsy raised funding from some of the best in the business including Danny Rimer @ Index, Albert Wenger @ USV and Jim Breyer @ Accel to name a few. Prior to Etsy, Josh served The post 20VC: Etsy CEO,...

20VC: Databricks CEO, Ali Ghodsi on The 3 Phases of Startup Growth, How to Evaluate Risk and Downside Scenario Planning & Who, What and When To Hire When Scaling Your Go-To-Market

Ali Ghodsi is the Founder & CEO @ Databricks, bringing together data engineering, science and analytics on an open, unified platform so data teams can collaborate and innovate faster. To date, Ali has raised over $897M for the company including from the likes of a16z, NEA, Microsoft, Battery, Coatue, Greenbay and more. Prior to Databricks, Ali was...

20VC: Annie Duke on Reversible vs Irreversible Decisions, How To Evaluate Risk, The Theory of Sunk Cost in Venture & How to Optimise Both the Discussion and Quality of Investment Decisions

Annie Duke is a former professional poker player and the author of National Bestseller, “Thinking in Bets” & “How To Decide”. During her poker playing days, Annie was a World Series of Poker bracelet winner, the winner of the 2004 Tournament of Champions and the only woman to win the NBC National Poker Heads Up Championship....

Legal

67% of law firms say skills shortages threaten growth

Despite the ongoing environment of geopolitical uncertainty, UK law firms remain optimistic about their growth prospects. That’s according to new research from specialist recruiter, Clayton Legal , which reveals that 66% of firms are looking to increase headcount over the next twelve months to contend with increased demand for their services. The...

Seedrs launches programme for financial intermediaries following record breaking Q3

The programme introduces wealthy individuals to early stage equity deals on Seedrs via their accountants, brokers and financial consultantsOver £3.6bn was invested into equity deals in the UK last year showing an increased appetite for startup investing45% of angels interviewed by the UKBAA about their early stage equity investments reported...

​Lamont Pridmore warn high earners about HMRC raids

Higher rate taxpayers have been warned by leading Cumbrian accountants Lamont Pridmore to be vigilant over their tax affairs.The warning comes after new data from HM Revenue & Customs (HMRC) shows that its Affluent Unit took an additional £438 million pounds of high earners.Off the back of this success the Unit, which investigates the tax affairs of...

A Legal Perspective on the Government’s Brexit White Paper

Following pressure from sections of Parliament and the public, Theresa May’s government has published a 77-page white paper document to set out a strategy for leaving the EU. But what does it add to what we already know? Stephen Chater, a solicitor at Postlethwate Solicitors, member firm of the UK200Group, explains.The UK200Group is the UK’s leading...

​32% law firms see private equity as a principal source of external funding

With growing competition from niche firms, law practices are actively seeking targeted acquisitions to scale-up in chosen disciplines.  32% see private equity as a principal source of external funding. Niche law firms seen as greatest source of competition. 59% of firms report a rise in competitive pressure. There is a sharp increase...

Deals

Boohoo buying Debenhams: a changing of the guard in retail

Deal by 15-year-old online upstart shows how Covid crisis has further shifted sales away from high streetDebenhams to close all stores with 12,000 jobs at riskThe symbolism is stark: a venerable 243-year-old department store chain acquired by a 15-year-old online upstart. Debenhams will disappear from British high streets after its sale to Boohoo, swallowed...

Shell agrees deal to buy electric car-charging company ubitricity

Acquisition expected to be finalised by end of year as race gathers pace to corner marketShell has agreed to buy one of Europe’s largest on-street electric car-charging companies to accelerate its move into low-carbon transport.The oil company, which faces growing pressure to cut its carbon emissions, expects the deal to buy German car-charger ubitricity...

Asos emerges as contender in Topshop bidding war following Arcadia breakup

Potential purchase could spell bad news for store staff as retailer operates only onlineAsos has emerged as a serious contender in the bidding war for Topshop as a narrowing field of bidders vies for control of one of the high street’s best-known fashion brands.The brand is part of Sir Philip Green’s fashion empire Arcadia which collapsed into administration...

Wetherspoon moves to buy up property on the cheap amid Covid crisis

Pub chain seeks new London sites, as ex-Greene King boss leads separate buying spreeCoronavirus – latest updatesSee all our coronavirus coverageWetherspoon has unveiled plans to expand by buying up property after prices plunged due to the pandemic, while a new venture fronted by the former boss of Greene King is looking to purchase small pubs and...

Next drops bid to buy Topshop after Arcadia's breakup

Firm says it couldn’t meet the asking price for flagship of Philip Green’s former fashion empireNext has pulled out of the race to acquire Topshop, the jewel in the crown of Sir Philip Green’s collapsed fashion empire Arcadia, after rival bidders trumped its offer.Arcadia, which employed 13,000 people across 500 outlets when it fell into administration...

Acq Lite

How women can secure the investment they deserve

Women don’t ask for the investment that they need for their businesses; here is how to ask for more money and how to get it Earlier this year, the Treasury published its statistics on venture capital funding highlighting that within the UK, only 1p out of every £1 of venture capital goes to women-led start-ups. Comparatively, all-male founding...

Curious quokka licks cyclist's pedals in Western Australia

March 9 (UPI) -- A cyclist taking a break in Western Australia captured video of a curious quokka licking the pedals of her bicycle.Shannon Ducker said she was taking a break from cycling on Rottnest Island when the quokka approached her bicycle and started licking the pedals.Ducker captured video as the apparently hungry animal enjoyed the taste of...

Truck loses, drags two wheels on Oregon road

March 9 (UPI) -- A driver on an Oregon road captured video of a semi truck that somehow lost two wheels on a city road and dragged them for several yards.The video, filmed Monday on a street in Cornelius, shows the semi driving on a slow speed while dragging two wheels that somehow became separated from its trailer.The wheels drag behind the truck until...

Cat credited with rescuing Pennsylvania couple from fire

March 9 (UPI) -- A Pennsylvania couple's pet cat is being hailed as a hero after alerting its owners to a late night fire that started inside their home.The McKeesport Fire Department said the couple were in bed about 1:30 a.m. Friday when their cat alerted them to something amiss inside their home."Fortunately, both were in bed at the time, and the...

IHOP announces breakfast-themed PancakeWear clothing line

March 9 (UPI) -- Restaurant chain IHOP announced the debut of its breakfast-themed clothing line, PancakeWear, created to benefit a children's charity.The eatery announced it will soon be offering onesies, loungepants and socks in adult and child sizes featuring breakfast-themed prints."The ultra-comfy PancakeWear by IHOP collection is the perfect accessory...