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The Week in 90 Seconds: Baden-Baden lowdown; Hard market how-to; Stonegate saga

Plus more losses from the downstream market, and this week’s Q3 results. ....

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How the super-rich are binge-spending their lockdown cash

The uber wealthy are loosening their purse strings and nothing is off the table. ....

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How the super rich are binge-spending their lockdown cash

Deplar Farm, a luxurious heli-skiing and salmon fishing retreat in Northern Iceland, is another favourite. “I’ll be investing in some incredible long haul holidays, with the focus on seamless experience,” says Reith – by which he means five-star service and easy access via a private jet airstrip.
Reith has just signed up to Net Jets – a sustainable shared ownership scheme “better than having [your own] jet sitting on the runway” – while others are putting their names down for the new Dassault Falcon 6X, which costs a cool £34 million but uses up to 60 per cent less fuel than similar planes and has an ultra long-range. This desire for eco-wanderlust extends to electric vehicles, too, with wealthy buyers queuing for electric performance cars, such as the Polestar 2 and cruising around town on the new Porsche e-bike. ....

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EXECUTIVE CHANGES: New chairs for Ten Entertainment, Parity Group

EXECUTIVE CHANGES: New chairs for Ten Entertainment, Parity Group
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