Covid related deaths at highest level since April August 3, 2021 Weekly deaths involving coronavirus in England and Wales have climbed to their highest level in three months. A total of 327 deaths registered in the week ending July 23 mentioned Covid-19 on the death certificate, up 50 per cent compared to the previous week according to the Office for National Statistics (ONS). Deaths reached their [...]
BCC: Supply chain breakdowns threaten to throw UK recovery off course October 6, 2021 Endemic supply chain breakdowns that are causing the UK economy to snarl up threaten to derail Britain’s recovery from the Covid-19 crisis. The chief of the British Chambers of Commerce (BCC) has warned “The supply chain crisis, alongside wider labour shortages and spiralling price rises, is clearly starting to drag on our economic recovery from Covid-19.” The warning comes as the BCC found [...]
Ryanair to refund passengers after public mishaps October 28, 2021 Ryanair has announced it will start refunding customers of cancelled flights within five working days. Part of a company campaign to improve its image, the measure was set after the Dublin-based carrier held its first customer panel meeting in September, when customers all over Europe met with senior management to provide recommendations on customer service. [...]
Letters: A call for clarity in workplaces February 28, 2022 [Re: Mandatory face masks on TfL scrapped from tomorrow, February 23] The government has announced that all Covid-19 rules will be lifted by the end of February, with huge repercussions for our transport system, workplaces and daily life. For one, the onus is now shifting to businesses to advise their staff to stay at home [...]
How Rightmove became London’s (and the FTSE 100’s) most profitable company September 3, 2024 From an unknown tech start-up to the undisputed king of the UK’s online property sector, Rightmove is a shining example of how to turn a simple idea into a whole lot of profit. In its most recent full-year results, the London-listed property portal astounded investors by revealing it had achieved a record 71 per cent operating profit margin – [...]
Sir Richard Branson: ‘Not lockdowns but vaccines are the route to recovery’ December 27, 2021 Sir Richard Branson has said he believes that vaccines and other precautions against Covid-19 such as the mandatory wearing of indoor face coverings and proof of vaccination are the key to preventing the spread of the virus, rather than “damaging lockdowns”. Sir Richard said that “widespread and equitable vaccinations against Covid-19, coupled with sensible day-to-day [...]
Punch Pubs owners mull sale after suitors come calling November 29, 2021 The owners of Punch Pubs and Co, one of the UK’s largest pub operators, are mulling a sale of the firm after receiving a flurry of approaches despite ongoing Covid-19 headwinds. Fortress Investment Group, the US investor owned by Japan’s SoftBank, is in talks to buy Punch for a price reportedly in the region of [...]
Breakdown in social cohesion to put global economy in a vice, warn world’s top business brass January 11, 2022 A breakdown in social cohesion will cause volatility to ripple throughout the world, putting the global economy in a vice. The risk of social upheaval has intensified sharply since the onset of the Covid-19 crisis and now poses a real threat to eroding multilateral cooperation and derailing the global economy, according to a survey of [...]
Inflation drops for first time in nearly a year, but BoE still on rate hike path September 14, 2022 Inflation in the UK dropped for the first time in nearly a year, but will do little to stop the Bank of England from continuing to hike interest rates, City economists said today. Prices climbed 9.9 per cent over the year to August, down from a 40-year high rate of 10.1 in July, according to [...]
Outernet: Meet the man behind London’s biggest tourist attraction – and maybe the future of advertising February 29, 2024 Outernet's arrival in the West End has transformed one corner of Charing Cross Road - and become a global hub for cutting-edge advertising. Boss Philip Boucher O'Ferrall shows City A.M. around.