WHO’S GETTING WHAT? In The Style, Lloyds Bank, Moderna

Share this article

In The Style

Adam Frisby, the founder of the In The Style fashion website, is expected to crystallise a multimillion-pound fortune through a £100m stock market listing, says The Sunday Times. The 33-year-old from Manchester started the business, which helps shoppers to emulate celebrity style on a budget, six years ago from his bedroom.

He grew the brand by collaborating with reality TV stars, such as Love Island’s Dani Dyer. In The Style posted sales of £17m and a pre-tax loss of £1.6m in the year to March 2019. The listing is planned for the first half of 2021.

Lloyds Bank

The boss of Lloyds Bank, Antonio Horta-Osorio, could receive a huge windfall just as he prepares to leave the lender next July, says The Mail on Sunday. Herta-Osorio has been awarded 1.4 million shares this year through the fixed share award payment scheme, bought at an average price of just over 29p for an outlay of around £425,000. A return to the 64p price seen in January would see the award soar to £900,000 in value.


Moderna’s chief executive, Stephane Bancel, offloaded another $1.7m of shares last week
while the world waits for the biotech company to be the second to file its Covid-19 vaccine for emergency use in the US, says Bloomberg. Bancel sold 19,000 shares at an average price of $91.73 from 18 November. The recent rally in Moderna’s share price lifted Bancel’s net worth to $3.1bn, based mainly on his 6% stake in the business.

Nice work if you can get it!

Health secretary Matt Hancock has been grilled over his staff’s spending of almost £50,000 of taxpayers’ money on takeaways during the pandemic, says the Daily Mail. Hancock said the civil servants had been working 18-hour days and that ordering from Bongbong’s Manila Kanteen, in east London, was possibly the best value food you can get.

Nine orders made by the Department of Health and Social Care in April to the hipster Filipino restaurant came to £43,348.96 at an average of £4,817 per order. In March, the department spent £4,179.72 at the restaurant, which calls customers Bongerz, on deliveries to its offices five miles away in Victoria, central London, according to an investigation by the paper and the pressure group Taxpayers’ Alliance.

It found £5.6bn had been frittered away on luxuries, feathering Whitehall mandarins’ nests and a wide range of jaw-dropping projects last year.


Kris Paterson is a writer for the global job search engine

Similar Articles

Don't Miss

Covid pandemic hits women’s jobs hardest in UK

Working women have been found to experience far higher levels of redundancies during the Covid pandemic than in any previous recessions, according to the Trades Union Congress (TUC). Female redundancies in the UK hit 178,000 between September and November 2020, according to the TUC which is 76% higher than the peak reached during the 2007 financial crisis when female redundancy levels hit 100,000.

Jobs available in Croydon

The main employment sectors in Central Croydon are retail and enterprise. Also the area 'Purley Way' has many retail parks, outlet and malls making it a destination for shoppers looking for stores that carry the full range of products. Here there are many opportunities for sales assistants, consultants and store managers. IKEA Croydon brought many non-skilled jobs to Croydon and is the fifth biggest employer in Croydon.

Morris Leslie plant hire company rises from losing millions to investing £70m

Perthshire plant hire giant Morris Leslie was hit hard by the Covid 19 pandemic, however the company was struggling before that because of Brexit. Six months before Covid 19 shut down building sites and locked down the UK the company Morris Leslie has already experienced tough times. Uncertainty because of Brexit had already caused building projects to be shut down or paused causing a much lower demand for plant hires and sales. This slowdown had caused an oversupply of construction equipment meaning more competition and so reduced prices. Then Covid 19 hit and the group’s vehicle auctions and Sunday car boot market were shut down.