Asda tycoons’ private jets flew to the Caribbean 50 times, data reveals April 22, 2024 The private jets of Asda's billionaire owners, the Issa brothers, flew between London and the Caribbean more than 50 times over a two-and-a-half-year period, City A.M. can reveal.
Brexit delivered £1,000 blow to every UK household, Bank of England rate setter Haskel claims February 13, 2023 The sharp reduction in business investment after Brexit has dealt a £1,000 blow to every UK household, a rate setter at the Bank of England has claimed. Speaking to The Overshoot, Jonathan Haskel, an external member of the monetary policy committee (MPC), said that the “productivity penalty” caused by a huge drop in capital spending [...]
London is no capital of culture without Vault Festival March 14, 2024 Vault Festival has announced its venue has fallen through and the event is no more, says Adam Bloodworth Vault Festival launched the careers of thousands of actors and writers via its unique business model, which meant new performers could put on shows and not break the bank, because part of the show was paid for [...]
Publishers’ digital revenue on way up despite despite inflationary pressure December 15, 2022 Digital revenue is on the way up as recruitment sites lead the way for online growth. A new report from the Association of Online Publishers (AOP) and Deloitte found total digital revenue for the third quarter of this year was up by 2.7 per cent from last year to £153.5m. Recruitment sites continued to see the strongest [...]
John Lewis nabs Tesco veteran as it looks to leave Sharon White era behind April 8, 2024 Ailing high street favourite John Lewis has appointed Tesco veteran Jason Tarry as its new chair, taking over from Dame Sharon White – who will bring her tenure at the top of the partnership to a premature end. Tarry will be only the seventh chair of the shopping giant which has undergone a tumultuous time [...]
New car market increased 18 per cent last month to mark release of new number plates April 5, 2023 The UK’s new car market has grown for eight consecutive months, figures show. Some 287,825 new cars were registered last month, up 18.2 per cent on March 2022, the Society of Motor Manufacturers and Traders (SMMT) said. The increase was attributed to an easing of global supply chain shortages. Large fleets, which include vehicles owned [...]
Lidl boasts £10m sales growth after winning shoppers from M&S, Waitrose and Sainsbury’s February 7, 2023 The value retailer praised its fruit and veg range for the year on year increase – with its market share for vegetable shopping reaching a high of 10.2 per cent.
Windfall tax will hurt UK’s climate ambitions, oil boss warns May 4, 2023 The windfall tax will make the UK more reliant on carbon-intensive imports to meet its energy needs - warned the boss of Ithaca Energy.
Jet2 recovers from covid and summer travel chaos with 730 per cent revenue boom November 24, 2022 Low cost leisure airline Jet2 had a whopping 730 per cent rise in revenue and booming profits of more than £350m as Brits flock on holiday post-pandemic. The listed firm announced strong half-year results up until the end of September, with profit before foreign exchange valuation up to £505m, following a £195m loss in 2021. [...]
Off-peak Fridays sound fun, but Londoners will end up footing the bill February 1, 2024 The mayor's reckless promise of lower fare Fridays is a sign of more disingenuous election politicking to come, writes John Oxley