UK economy headed for prolonged slump despite jobs market resilience July 11, 2022 The UK economy is headed for a protracted slump and possibly a recession caused by soaring inflation hitting households and businesses, revealed a survey published yesterday. Output has dipped to its lowest level since February last year, when the country was in the teeth of the most onerous Covid-19 prevention measures, according to consultancy BDO. [...]
Chapel Down on track to double in size after heatwave allows August harvest September 26, 2022 Plans to double the size of Chapel Down have “started strongly” after a hot summer has allowed the English wine maker to begin harvesting in August for the first time. The London-listed firm described its 2022 harvest as looking “very positive”, crediting the heatwave that swept the country this summer. “We expect 2022 to combine [...]
Businesses raise concerns over the cost of net zero amid energy crisis June 23, 2022 Nine in ten businesses are concerned about costs of funding the transition to net zero amid a spike in energy prices according to research from Npower.
London pension fintech Smart gears up for deals after $95m funding injection May 15, 2023 London-based pensions fintech firm Smart said it was gearing up for a flurry of dealmaking today as it bagged a $95m funding round from a host of big name backers including New York based outfit Aquiline.
Everyman looks to expand after going back in the black thanks to ticket sales spike April 12, 2023 Everyman Media has said it is “cautiously optimistic” about the year ahead as the upmarket cinema chain posted soaring revenues and eyes six new sites across the UK. The London-listed entertainment chain posted revenues of £78.8m for the year up from £49.0m in 2021 as it was bolstered by new partnerships from Jaguar, Green & [...]
ITV’s Love Island channel ITVX is winning over investors and ‘landing well’ with advertisers January 13, 2023 Streaming service ITVX triumphs in the first month following its launch, attracting viewers and advertisers alike and improving sales parent company ITV said. The free ad-supported platform has boosted ITV’s streaming hours by 55 per cent year on year, lifted by consumer demand during December’s FIFA World Cup in Qatar. Excluding World Cup coverage, streaming [...]
Civil Aviation Authority chief steps down following a summer of travel chaos October 21, 2022 The chief of the UK Civil Aviation Authority will stand now next year after a rocky few years of pandemic transport chaos and strike action drama. Richard Moriarty has worked for the organisation for more than ten years, in senior roles including Director of Competition and Economic Regulation, Director of Consumers and Markets, Deputy Chief Executive [...]
Government must send ‘clear signals’ to boost UK hydrogen investment October 12, 2023 The government must send "clear signals" that the UK is ready for business, or risk failing to meet its hydrogen ambitions.
Netflix to launch new ad tier for £4.99 next month to win back subscribers October 13, 2022 Netflix has confirmed that its new basic ad-supported offering will launch next month, setting more frugal Brits back £4.99 a month. The new option will be an addition to existing plans, but will mean users who want to save a bit of cash will have to watch an average of four to five minutes of [...]
FACT reap due rewards for diligent growth June 4, 2024 Since their foundation in 1983, FACT have become globally recognised for protecting the intellectual property of the film and TV industry and, more recently, the sports rights sector. It has been said that the best organisations and teams always build from a position of strength and that’s precisely what FACT have done. Their credibility comes [...]