UK braces for historic living standards shock on Russia-Ukraine conflict sending inflation skyrocketing March 8, 2022 Households are set to absorb the worst shock to their living standards in recent history driven by the Russia-Ukraine conflict sending energy prices skyrocketing, reveals fresh research published today. Gas prices have surged to their highest level ever on concerns over Moscow squeezing energy flows in retaliation to Western sanctions, which could push UK inflation [...]
Week ahead: City eyes new economy figures and Bank governor Bailey comments July 10, 2022 The City will turn its gaze to fresh GDP figures published this week for signs that the UK is already in the teeth of a recession in a busy week of data announcements. London’s premier FTSE 100 index shook off the turmoil in Downing Street to climb 0.38 per cent and finish the week at [...]
This week: Housebuilding space to come under spotlight with key players revealing results September 5, 2022 Investors will get a good idea of how the housing market is faring with a trio of leading housebuilders unveiling financial results this week. Barratt Developments, Berkeley Group and Vistry are all set to update shareholders on their performance amid reports the housing sector is losing steam. London-listed housebuilding giants Barratt, Berkeley, Persimmon and Taylor [...]
Selfridges’ new chief faces an uphill battle August 13, 2024 Selfridges’ new CEO, André Maeder, has his work cut out for him. The company has managed to survive the gruelling pandemic years – largely by cutting jobs and moving online – a tough cost-of-living crisis and an acquisition in 2022. But seasoned retailer Maeder, who was officially announced two weeks ago and starts in November, [...]
Would You Become A Salary Nomad For More Money? April 24, 2023 Coronavirus changed many things for many people, and the way that we work was perhaps the most impacted. And the digital nomad, an employment trend that had previously been slightly scornfully reserved for a type of gig economy worker, became a legitimate alternative to the traditional 9-5. While the term has been in use since [...]
Love it or loathe it, VAT free shopping only makes our tax system even more unwieldy March 7, 2023 If you want to give luxury stores a leg up at the expense of local businesses and create an even more complicated tax system - VAT free shopping is for you, writes Ben Ramanauskas.
Terrible at times tables? Our reliance on fintechs doing our maths dents our income November 28, 2022 Londoners are the most “maths anxious” people in the UK. If reading this sentence sends a chill down your spine, then you’re probably one of the maths anxious people. The term is a little puzzling – do we mean people who are actually scared of numbers? After all, people seem to be scared of anything [...]
West End has 109 per cent sales boost but retail leaders call for ‘urgent’ business reform October 10, 2022 West End retailers are calling for fresh support and radical reform to help continue their pandemic recovery. The organisation representing 600 outlets and hospitality firms in Bond St, Oxford St, Regent St and Mayfair announced the district is returning to pre-coronavirus levels, but that it still needs help to stop it faltering. The New West [...]
Tottenham Hotspur fans urged to stop mocking Liverpool jobless with ‘Sign on’ chant May 9, 2022 A Tottenham Hotspur fans’ group has called on fans to stop singing a song that mocks historic poverty on Merseyside. The Tottenham Hotspur Supporters’ Trust spoke out after some Spurs fans taunted the Liverpool faithful with the chant at Anfield on Saturday. “Singing about the opposition has long been a feature of English football, and [...]
Boris Johnson paid £500K advance for memoirs – as public foot £222K bill for his partygate legal fees January 27, 2023 Boris Johnson has picked up an advance of more than £500,000 for his forthcoming memoir, as it emerged taxpayers face a bill of £222,000 for his legal fees to defend himself in the partygate inquiry. The former prime minister’s latest entry in the Register of Members’ Interests says that he “received £510,000 as an advance [...]