Pinewood: Strong start for iconic studio ahead of Marvel’s The Fantastic Four boost August 7, 2024 Pinewood saw its turnover jump by almost 40 per cent in the months ahead of filming of Marvel’s The Fantastic Four: First Steps starting at the iconic film studio. The group behind the studio has reported a turnover of £49.3m for the three months to June 30, 2024, up from £35.6m. Pinewood said that it [...]
UK economy: OECD upgrades forecasts but still predicts recession knife-edge June 7, 2023 The UK economy will continue to lag behind other countries in the group of seven (G7) advanced economies this year, despite improved growth projections, new analysis has shown. Only Germany, which fell into a recession over the start of the year and is set to stagnate throughout 2023, will perform worse than the UK. Analysis [...]
Compass: Return to office and university helps catering giant to double-digit growth July 23, 2024 Catering company Compass has reported double digit growth in the third quarter of 2024 as it looks to expand past North America and the UK. Revenue in Europe led with 12 per cent growth, while in North America it grew by 9.9 per cent and in the rest of the world grew by 8.5 per [...]
Tough new US tech laws could open up a whole new UK market October 2, 2023 The US, known for its friendly approach to tech, is looking to toughen up rules against Web3 and blockchain technologies, giving the UK a fresh chance to seize billions worth of investment, writes Iain Mansfield
House prices 2020: How will the UK property market fare next year? December 26, 2019 It’s been a rocky year for the property market, as protracted political uncertainty and affordability problems left house prices largely stagnant in London and across the UK. But with a resounding victory for Boris Johnson in the General Election earlier this month, and the prospect of an end to the Brexit saga in sight, 2020 [...]
Moorgate moves: Why a Malaysian property fund is betting big on Deutsche’s London HQ March 28, 2023 A MALAYSIAN property fund has teamed up with London-based Castleforge to buy Deutsche Bank’s current London base in Moorgate for just over a quarter of a billion – in what amounts to a big bet on London’s commercial property market and the ‘flight to quality’ in office space. Castleforge and its Malaysian partner Gamuda plan to refurbish [...]
Bank of England’s top economist Huw Pill ‘uncomfortable’ with persistence of inflation July 10, 2024 In a speech delivered at Asia House in London, Pill said that recent pieces of economic data pointed towards some "upside risks to my assessment of inflation persistence".
Bloom and Wild: How a secret CEO WhatsApp group helps boss deal with ‘isolation’ of the top job June 25, 2024 The chief executive of Bloom & Wild turned to a secret WhatsApp group with fellow founders to combat the "isolation" of being the sole head of his rapidly-expanding flower delivery business.
Wage growth has ‘passed its peak’ as Andrew Bailey prepares to address City on interest rates July 10, 2023 Workers returning to the jobs markets and boosting the volume of candidates available to businesses are poised to put a lid on wage growth, analysts are predicting official numbers this week will show. Pay growth is said to have “passed its peak” after raging for more than a year, fuelled by staff demanding wage increases [...]
Travis Perkins has strong sales growth in Q3 but prepares to ‘tightly manage’ cost pressures October 20, 2022 The UK’s largest distributor of building materials Travis Perkins had strong sales growth in the third quarter of the year, but is preparing to weather an inflationary winter. The firm had sales growth of 10.7 per cent while its merchandising business had 11.5 per cent, outperforming the individual market. The company’s arm which deals with [...]