Exclusive: Powerleague chief on price rises and making the ‘tinder of grassroots football’ November 18, 2022 On the eve of the World Cup, grassroots football is the focus for Powerleague boss Christian Rose, who has dragged it out of red and through pandemic with a metaphorical Cruyff Turn. The CEO has been in post for four years after being brought in during 2018 when the company was “not in great shape.” [...]
Energy crisis: Govt and energy firms agree runaway gas and electricity bills should be avoided in 2022 but they fail to say how December 28, 2021 The government and UK’s largest energy companies agreed late last night that “UK customers have to be protected” from soaring gas and electricity prices in 2022, although it was not clear how they plan to do that. The meeting with Business Secretary Kwasi Kwarteng came after Labour and a boss of a major energy provider [...]
Grant Shapps cracks down on suppliers forcing households to use prepayment meters January 22, 2023 Grant Shapps has told energy suppliers they must stop forcing financially vulnerable households to switch to prepayment meters.
Boris Johnson warns against capping energy bills for everyone August 26, 2022 Boris Johnson has warned against capping energy bills for all households as this would benefit rich energy users at the expense of the vulnerable.
Sainsbury’s to pump £500m into offsetting rising costs as CEO says ‘we have to make it easy’ May 30, 2022 Sainsbury’s boss said this morning the supermarket giant plans to pump fresh funds into offsetting rising costs over the rest of the year as shoppers become “increasingly concerned” about their finances. The UK’s second largest supermarket chain said it will invest more than £500m into lower pricing by March 2023 as part of a long-term [...]
In The Style: Why fast-fashion brand once worth over £100m was forced to sell itself in cut-price deal January 15, 2024 The full financial challenges that faced fast-fashion brand In The Style before it was forced to sell itself to avoid administration have been revealed for the first time.
Nearly 2m more Brits trapped by higher tax rates since 2019 Tory election win June 30, 2022 Boris Johnson has heaped higher tax rates on nearly 2m more Brits since he won the 2019 general election, reveal official figures published today. The number of people paying the higher rate of income tax has swelled to 6.14m, up around 1.88m since Johnson led the Conservatives to a huge majority two and a half [...]
Travel chief warns online sales tax may hit tour operators and agencies hard May 23, 2022 The UK Government’s proposed tax on online sales could have a significant impact on travel businesses, according to accounting company RSM. The proposal, whose first consultation ended on Friday, is expected to level the playing field between physical and online retailers, as well as bringing down the cost of rentals. According to RSM UK’s head [...]
Square Mile and Me: Cashplus CEO Rich Wagner on his career journey… and figuring out where the Square Mile was November 16, 2023 Each week we ask a City figure to take a trip down memory lane. Today Rich Wagner, CEO of challenger bank Cashplus, takes us through his career in the Square Mile.
It’s time businesses use their plethora of data to assist so many struggling costumers July 12, 2022 Whatever drama is unfolding in Westminster, tackling the cost of living remains consumers’ number one priority. There is still so much work to be done to help millions of people facing dire financial situations. The government has already announced new measures to support consumers, such as help with soaring energy bills. But it could go [...]