Govt threatens P&O Ferries with prosecution if company broke law over sacking of 800 seafarers March 22, 2022 Business minister Paul Scully has warned P&O Ferris could face prosecution if they are considered to have broken the law over the sacking of 800 seafarers. Scully told the BBC’s Radio 4 Today programme: “If they have flouted the notification law where they are supposed to tell the Secretary of State when they are going [...]
Over 1m Brits in debt to predatory loan sharks amid cost of living crisis March 21, 2022 An estimated 1m Brits have fallen victim to predatory local lenders because they are unable to cover basic costs according to fresh data.
Consumer spending jumps a fifth as cost of living crisis deepens March 21, 2022 Brits are scrambling to tighten their belts amid a cost of living crisis which has sent the price of bills soaring, fresh data has revealed.
Money saving expert Martin Lewis ‘out of tools’ to counter surging costs March 21, 2022 Money saving guru Martin Lewis has admitted he is out of ideas to help people cope with the cost of living crisis as energy prices spiral higher.
City A.M. Awards 2022: Entrepreneur of the Year March 21, 2022 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
Smooth deal: PZ Cussons snaps up baby and skincare brand Childs Farm March 21, 2022 Soap giant PZ Cussons has acquired UK baby and child skincare brand Childs Farm. The deal has seen Joanna Jensen, the founder of the fast-growing brand, invest into the PZ Cussons subsidiary which completed the deal. PZ Cussons now owns a 92 per cent stake in the business, valued at £36.8m. The firms said PZ [...]
Shoppers turn to buy-now pay-later amid cost of living crunch March 21, 2022 Consumers are increasingly turning to buy-now pay-later (BNPL) products to manage their finances amid a cost of living crunch, fresh research has revealed.
Future TfL and tube contracts for factory jobs are ‘at risk’, London Mayor Sadiq Khan warns March 21, 2022 London Mayor Sadiq Khan warned this morning that future contracts for London transport schemes which support jobs across the country are at risk without long-term funding from the Government. Khan is visiting the Siemens Mobility facility, where half the 94 new Piccadilly line Tube trains are due to be built, in Goole in East Yorkshire [...]
Exclusive: Aspire chairman Paul Farrer warns Brits ‘not to walk blindly into four day week’ March 20, 2022 From a healthier work/life balance and greater job flexibility to giving employees the freedom to spend more time with their family or even focus on a side hustle, the potential advantages of the four day working week are huge. Businesses could stand to benefit too, with happier, more productive and focused staff. Amid record level [...]
Saturday Sitdown: Soho Housing’s chief on why ‘we need to rethink the way we use central London’ March 19, 2022 Insurance giant Admiral recently warned that nearly nine out of ten Londoners can no longer afford the average cost of rent in the capital. The demand for rooms to rent is much higher than the available supply, thereby leading to such increases that most Londoners cannot keep up with, the company cited as the main [...]