The BTOM line? New Brexit import rules will hammer hospitality March 18, 2024 Border checks on fresh produce arriving from the EU will limit choice and push up prices for consumers, says Andrea Rasca The hospitality sector finds itself at a fork in the road. While the UK seemingly encourages free trade and a dynamic hospitality sector, incoming changes to how the country imports food from the EU [...]
Insurance chiefs back new Solvency II investment forum to help deliver £100bn in investment July 19, 2023 The heads of the UK’s major insurance firms have written in support of a new Investment Delivery Forum to help drive investment following the reforms to Solvency II. Established by the Association of British Insurers (ABI) earlier in July, the forum is designed to tackle the investment gap preventing investment from the insurance and long-term [...]
FTSE 100 close: London lower on disappointing GDP data September 13, 2023 This comes after the UK economy shrunk by more than expected in July, with all sectors of the economy starting to come under pressure following Bank of England interest rate hikes.
Reform London’s capital markets or jeopardise global status, review chief warns July 25, 2022 London is at risk of losing its status as a premier global stock market if it does not act fast to reform rules, the author of a review into London’s capital markets has warned.
Revolution Beauty: All eyes on signs of a rebound after Boohoo spat August 28, 2023 Investors will turn their focus to Revolution Beauty’s upcoming annual results on Thursday to see if the troubled cosmetics line has shown any signs of rebounding following a public spat with its chief stakeholder Boohoo. The cosmetics company has recently just begun trading on the London Stock Exchange again in June after its shares were [...]
Metro Bank founder: I told them branches wouldn’t work 10 years ago October 12, 2023 The founder of Metro Bank claims he warned the struggling lender against its sprawling network of branches some ten years ago - but the board failed to listen.
‘At stake is the structure of finance itself’: City bankers raise concerns over potential impact of Britcoin June 26, 2023 City bankers have raised concerns about the possible consequences that introducing the digital pound, known as ‘Britcoin’, could have on the country’s banking sector. “At stake is not just the type of token we use to pay for things but the structure of finance itself,” Huw van Steenis, vice chair at Oliver Wyman, told City [...]
Crypto AM Spring Awakening: Announcing MELD as a General Partner March 29, 2023 Crypto AM is delighted to announce MELD as a General Partner for the Crypto AM Spring Awakening event.
Topps Tiles’ commercial business to climb into profitability next year July 6, 2022 The UK’s largest tile retailer, Topps Tiles, has said its historically loss-making commercial business will climb into profitability next year, as it continues to navigate falling consumer confidence, supply chain challenges and historic levels of inflation. “We remain confident that the business will break even in the second half of the year and then move [...]
RMT announces three more days of rail strikes over Christmas December 5, 2022 The union RMT has announced three more days of strike over Christmas as it put Network Rail’s offer to its members with the recommendation to reject it. Workers are set to walk out from 6pm on Christmas Eve to 6am on 27 December. This will be in addition to the planned industrial action on 13, [...]