London businesses and charities call on Rishi Sunak to provide long-term TfL funding December 5, 2021 More than 80 London business, universities and charities have written to Rishi Sunak to call on the chancellor to provide a long-term funding deal for Transport for London (TfL). Signatories to the letter – including the chiefs of Eurostar International, the ExCel Centre and London City Airport – called on Sunak to provide a funding [...]
Clarks slips into the red despite sales stepping towards £1bn May 30, 2024 Clarks fell to a loss of almost £40m in 2023 despite its revenue increasing to almost £1bn during the year, it has been revealed.
Legal sector job vacancies in the City plummeted last year as firms returned to pre-pandemic hiring February 9, 2024 Hiring activity in the legal market has slumped, falling back in line with pre-pandemic figures.
Entire Tube line could close as TfL financial crisis deepens November 25, 2021 Transport for London (TfL) is currently considering closing down an entire Tube line as a result of its difficult financial situation. TfL’s chief financial officer Simon Kilonback told the operator’s finance committee that TfL could see the “full closure of a line or part of a line or smaller reductions across the whole network.” “We [...]
Losses at Coventry arena revealed after Mike Ashley’s takeover as turnaround continues May 7, 2024 The Coventry Building Society Arena lost more than £4m in the first six months after being acquired by Mike Ashley, it has been revealed.
Chopstix: Meal deals plus Uber Eats, Deliveroo and Just Eat tie-ups boost sales as 400 jobs created June 4, 2024 Chopstix created almost 400 jobs as it continued its expansion across the UK, it has been revealed.
Savings rates: As FCA puts banks on war footing what are the best accounts for your cash? April 21, 2023 As interest rates look set to increase, we look at the best and the worst paying savings accounts on offer. Banks and savings providers have come under fire for not passing on interest rate rises to savers This week the FCA said it would be keeping an eye on banks’ first quarter profits to make [...]
Getir’s 2022 losses finally revealed ahead of UK exit and 1,500 job cuts June 4, 2024 Getir has only just published its UK accounts for 2022 - and they make for absolutely grim reading.
Double-digit growth for Begbies Traynor as business recovery booms May 21, 2024 Professional services restructuring specialist Begbies Traynor reported that revenue will increase by double-digits as the tough economy creates work for the firm
China’s April activity growth slows, raising doubts on economic recovery April 30, 2024 China experienced a slowdown in growth in both its manufacturing and services activities in April, indicating a sluggish start to the second quarter for the world's No. 2 economy.