Libby takes her favourite Naked Wines on the road. This week: Hide October 9, 2024 Rarely do I decline an invitation to Hide, the Michelin-starred restaurant overlooking Piccadilly and Green Park, but especially not when at the behest of David Baker, Founder of Hermitage Cognac, to “try something special”. In truth it seems unfair to call him merely a “Founder” of a brand, as Cognac is clearly his calling, his [...]
Mark Kleinman: Pay compass points towards a defiant City October 3, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the Square Mile talking in his weekly City AM column. This week he tackles executive pay, Rightmove subs and firm YNAP window-shopping Pay compass points towards a defiant City Who says work doesn’t pay? That’s not been the case in the last [...]
Moving markets: What’s shaping the FTSE 100 today January 4, 2024 Moving Markets Today: Asia Tracks Wall Street Decline, Oil Prices Rise on Middle East Supply Concerns, China’s December Services Surge, Spotlight on UK Services PMI and U.S. Labor Market Data Global markets declined as U.S. stocks faced profit-taking after a strong 2023 finish. Asian markets followed suit on the heels of the Fed signalling a [...]
Before the Bell: Europe set for a higher open after bitcoin tests $50k February 15, 2021 Bitcoin continued to make new record highs over the weekend, edging close to the $50k level after last week’s surprise revelation that Tesla had taken the decision to plough $1.5bn into the cryptocurrency with a view to making it a means of payment. Despite some widespread scepticism about the wisdom of such a move it would [...]
UK coronavirus death toll nears 55,000 June 30, 2020 The United Kingdom’s coronavirus death toll has hit 54,872, according to a tally of official data that shows the UK is one of the world’s worst hit geographies. England and Wales have now recorded 49,371 coronavirus deaths from the start of the pandemic to 19 June, Office for National Statistics data has showed. England saw 47,127 [...]
Winklevoss twins warn UK not to ‘politicise’ crypto rules amid US regulators’ ‘warpath’ May 24, 2023 The Winklevoss twins have warned ministers not to “politicise” the UK’s crypto regime today as they launch a charm offensive in London amid a “warpath” from regulators in the US.
H&M reinstates divided payments as profits triple on back of global recovery September 30, 2021 Swedish retail giant H&M nearly tripled its profit during the past quarter on the back of a “strong recovery” in sales as restrictions eased across the globe. H&M told shareholders this morning that it had reinstated its dividend for the first time in 18 months as a result. It reported a pre-tax profit of £520m [...]
Ocado sales dip as pre-pandemic habits return, supermarket data finds August 17, 2021 The UK’s return to normality has been accompanied by a return to pre-pandemic shopping habits, with online and overall grocery sales declining. The latest grocery market share figures from Kantar for the period ending 8 August show that grocery sales fell by four per cent. The latest twelve weeks saw the lowest level of online [...]
Labour squeeze shows no signs of easing ahead of Christmas shopping rush December 3, 2021 ]Shortages of workers stopping UK businesses from functioning normally show no signs of letting up over the busy Christmas period, according to fresh figures published today. In the last week alone, over 200,000 new job adverts were posted as retailers, pubs and restaurants push to ramp up staff levels in preparation for the festive shopping [...]
Greggs maintains positive sales trajectory despite shrinking pent-up demand June 28, 2021 Bakery chain Greggs has maintained a positive sales trajectory as restrictions ease, it said in its trading update today, with sales only slightly knocked by shrinking pent-up demand. The high street retailer last reported its trading performance on 10 May, at which point it had seen a strong recovery in sales levels following the easing [...]