Netflix: More price hikes cast shadow over potential ad-tier gains October 15, 2023 Netflix is set to kick off the tech earnings season and analysts are bullish as they expect user growth and a boost from the new ad-tier.
Explainer: Why Hunt extended energy support in the Budget March 15, 2023 One of the first announcements in today’s Budget was an extension on the energy price cap, keeping it at its current rate of £2,500 per household until the end of June. The cap was meant to expire next month, but Jeremy Hunt capitulated to the campaigners’ pleas and u-turned. He also probably realised he had [...]
Meatless Farm wants to drive down prices to win cash-strapped customers February 27, 2023 Morten Toft Bech, the Dutch founder of plant-based company Meatless Farm, launched his company in an effort to save the planet. “Animal protein is unsustainable,” claims Bech, comparing it to driving an old car full of polluting fuel. The public has been made aware of this argument for years, with numerous documentaries warning about how [...]
Pound still at lowest level since start of pandemic amid government chaos July 6, 2022 The British pound is at its lowest level since the start of the Covid pandemic in March 2020 as the UK government faces a political crisis. The pound has slid 0.6% today to $1.1883 as a wave of ministers resigned from Boris Johnson’s government. Sterling initially dropped more than a cent to below $1.20 for [...]
Are wages or profits to blame for the inflation crisis? July 26, 2023 A lot of energy has been wasted on finding the source of the near two-year long global inflation surge. It has resembled a cathartic process to help families and businesses come to terms with how damaging the cost of living crisis has been. First Bank of England governor Andrew Bailey drew scorn for demanding workers [...]
Next: Fashion chain starts January sales early ahead of update January 1, 2023 Fashion chain Next is set to shine a light on the health of the retail sector in the aftermath of the “crucial” Christmas shopping period. Investors will be closely watching the clothing and homeware giant’s trading update on Thursday for detail on its sales figures over the festive season. In August, chief executive Lord Wolfson [...]
UK household debt swells past £2 trillion for first time ever March 27, 2023 Family debt has swelled past £2 trillion for the first time ever in a sign Brits are whipping out their credit cards to fund spending amid the cost of living crunch, new research out today reveals. Household debt is now nearly the same size as the entire UK economy (£2.2 trillion) and has been pushed [...]
Letters: Home ownership isn’t everything June 24, 2022 [Re: Government admits most Brits will not benefit from Boris Johnson’s ‘benefits to bricks’ housing plans, June 22] In essence, the idea is positive but, in practice, it’s not currently feasible. Take for example the government’s plan to allow people on housing benefits to use welfare payments towards a mortgage. Welfare payments stop when a [...]
Are men embarrassed to eat Coronation quiche? April 20, 2023 As the King’s Coronation looms, and with it, it’s signature quiche, Adam Bloodworth admits he’s one of many men embarrassed to order the eggy flan Who eats quiche? The egg based tart has a dry image, seen these days as the preserve of grandparents, academics, and people who can’t be bothered to make lunch. It’s [...]
Wetherspoon boss Tim Martin lashes out at ‘vast disparity in VAT treatment’ between pubs and supermarket alcohol sales January 25, 2023 Wetherspoon boss Tim Martin has launched a scathing attack on the government, saying the biggest threat to pubs is the “vast disparity in tax treatment” compared to restaurants and supermarkets. The outspoken chain boss said he was “cautiously optimistic” for the financial year ahead, as the firm published its like-for-like sales in the 25 weeks [...]