Ocado’s ‘M&S’ magic fails to impress as shares trade down despite revenue boost March 28, 2023 Ocado said it had helped by some “M&S magic” as the grocery chain’s joint venture with the high street stalwart boosted sales by 3.6 per cent in its first quarter. Shares in the online grocer were last trading down 1.97 per cent or 8.9p at 443.20p. The up market online grocer, which posted a pre-tax [...]
Politicians have misread the room over Shein June 12, 2024 Growth-hungry MPs are welcoming Shein’s big bucks plans to list on the London Stock Exchange, but there’s growing unease among the people who really matter – investors, says Simon Neville Whenever the City and Westminster clash, it is usually because the former wants the latter to be more lenient. The cries of “you’re stifling competition!” [...]
Nightcap boss: ‘No place for mediocrity’ in economic tumult as cocktail brand’s sales surge November 13, 2022 Cocktail bar operator Nightcap is slowing down its expansion programme while its CEO told CityA.M. the sector faces “uncharted territory” this winter. While the London-listed business would not halt openings entirely, it would “be more cautious” with new sites, CEO Sarah Willingham said. In its annual report last week, the owner of The Adventure Bar [...]
Long commutes aren’t just boring, they’re holding back the economy June 11, 2024 Adding more trams, trains and buses to the UK's major cities will not only make our morning commutes quicker, it will also help improve the economy, Chris Dorrell writes
Fully charged: Volex revels in rising revenues powered by flurry of acquisitions June 23, 2022 Volex has enjoyed a huge boost in revenues this year - driven by a raft of acquisitions from the power and connectivity specialists.
The year the music died? What energy bills and recession will mean for gigs November 21, 2022 Gigs have always been a great way to escape from the toils of everyday life – a few friends, usually a few drinks and great bands. But, what does a live music scene look like once you factor in spiralling inflation and rocketing energy bills for venues and consumers who can no longer afford to [...]
Mobile games to dominate a £400bn gaming industry by 2030 September 15, 2022 Mobile games will make up half of gaming industry revenues in 2030, as tech firms continue to pump money into the sector. According to a fresh report from GlobalData, games played on smartphones and tablets will make up over 50 per cent by 2030. It also predicts that the market will swell to $470bn (£409bn) [...]
Street votes will worsen our already archaic planning system instead of cutting red tape June 9, 2022 A central pillar of the government’s Levelling Up and Regeneration Bill, which had its second reading yesterday, is Michael Gove’s plan to provide neighbours with the agency to prevent planning applications. This may, on the surface, seem like a good idea, and it will probably win his party some votes – but it is a [...]
A true state energy supplier should bolster competition September 30, 2022 This week, Keir Starmer outlined a simple vision for the future of the British energy industry: a publicly owned energy company. It is a long way from the days of Tony Blair who moved the Labour party away from state ownership. The thorny question of state control has always been politically charged, but if delivered [...]
Unsure of where to start? Here’s how to bring your business idea to life May 27, 2024 Damian Skendrovic takes the pen to tell Ambition A.M. how to bring your business idea to life, while managing the growing pains of change along the way.