Moonpig sales fall after lockdowns but card biz remains confident in gift market June 29, 2022 Moonpig has posted plummeting sales as shoppers started buying gifts and greetings cards elsewhere once bricks-and-mortar shops reopened once more over the past year. In full year results to 30 April 2022, the firm admitted its group revenue had tumbled 17.3 per cent year-on-year, standing at £304.3m versus £368.2m in 2021. The online retailer pointed [...]
Letters: Elon Musk getting musty December 9, 2021 [Re: Elon Musk calls for US govt to scrap EV subsidies, yesterday] Of course Elon Musk doesn’t care for subsidies. The cheapest Tesla car – the Model 3 – costs $38,000 and the Model X can be as pricey as $126,000. The proposed US subsidies – which will be in the region of $4,500 – [...]
Cross-code skills: Why we’re seeing rugby league coaches in union March 28, 2023 So often sports cross-pollinate: sharing ideas from one discipline to another, exchanging mindsets and capitalising on strengths. Rugby is no different. And while some of the game’s leading lights step into completely different sports – such as Gilbert Enoka, responsible for New Zealand Rugby’s “no dickheads” policy, joining Chelsea – others stay closer to home, [...]
The voice of Celebrity Big Brother: ‘We can all be fake – I’m doing it now!’ March 5, 2024 Marcus Bentley has been the voice of Big Brother ever since the UK show began in 2000. Here he talks about the enduring appeal of the show, and having the most recognisable voice in the country
It’s time for the crypto world to get over FUD and FOMO July 12, 2022 Fear, uncertainty and doubt have overtaken the primal fear of missing out, says AAX's research and strategy chief Ben Caselin.
Sunak faces backlash from Johnson and Cameron over HS2 axing – as he’s reported to the police in Scotland October 5, 2023 Rishi Sunak has faced criticism from his predecessors in Number 10 for losing a “once-in-a-generation opportunity” by cancelling the northern leg of HS2. The Prime Minister defied senior Tories and business leaders to scrap HS2 from Birmingham to Manchester saying “the facts have changed” and the cost of the high-speed rail scheme had “more than [...]
WeWork losses cast shadow over $9bn listing October 10, 2021 WeWork is set to report a loss of $1.5bn (£1.1bn) for this year, weeks before the company’s planned $9bn listing on the New York Stock Exchange, according to reports. City A.M. understands that the flexible office-space provider first made investors aware of its expected losses in an earnings report in August and again in an [...]
Close Brothers faces uncertain future as FCA motor finance probe sparks crisis February 15, 2024 Close Brothers shares collapsed on Thursday after it cancelled its dividend for the current financial year and announced that 2025 payouts would be placed under review amid a City watchdog probe into motor finance - a major part of its business model.
Lockheed Martin dives into Satellite Vu’s £20m funding round March 2, 2022 Lockheed Martin has dived into a £20m funding round for Seraphim Space-backed Satellite Vu, as the US aerospace giant looks to plant a new space base in the UK. The London-based satellite firm, which uses infrared imaging and data to observe the Earth from space, has caught the eye of Lockheed in hopes of luring [...]
Ryanair to revert to second-hand market if Boeing doesn’t step up, warns O’Leary May 16, 2022 Ryanair could revert to buying aircraft from the second-hand leasing market if Boeing were not to step up, according to the airline’s boss Michael O’Leary. O’Leary told analysts today the airline was willing to remain with Boeing but said the plane manufacturer’s management needed to “bloody well improve,” as they were “running around like headless [...]