What are “accidental savers” doing with their surprise savings? July 14, 2020 Lockdown restrictions have curbed spending, resulting in higher savings in the UK. Some of this has found its way into the financial markets; actively managed responsible investment funds have been the biggest beneficiaries. The words “accidental” and “saver” don’t often appear in the same sentence together. Saving usually takes some effort and requires sacrifices and [...]
FTSE 100 and Wall Street gain on signs of economic recovery June 23, 2020 The FTSE 100 closed up and Wall Street posted strong gains on Tuesday afternoon after new economic data signalled that business activity across the US, UK and the Eurozone was recovering faster than expected. Having risen steadily throughout the morning, the FTSE 100 pushed ahead in afternoon trading today as traders welcomed the most significant [...]
Crypto AM shines its Spotlight on Moneybrain BiPS April 21, 2020 What if Libra Was Live Today? The world was in a different kind of uproar for months after Facebook and their alliance announced Libra. Then it was that senators were foaming at the mouth and it was the central banks that came close to rioting. Amid similar Trump-inspired scenes of protest on the streets of [...]
Airline stocks sink as FTSE 100 falls on fears of second wave May 11, 2020 The FTSE 100 fell back into negative territory this afternoon after early optimism about an easing of the UK lockdown appeared to evaporate. London’s stock market was up 0.85 per cent as it flirted with the 6,000 points marker earlier today. But traders’ enthusiasm quickly dwindled as European stocks also dropped into the red. The [...]
You don’t have to follow the old boys’ club rules of networking December 12, 2019 As the saying goes, “it’s not what you know but who you know” — and the reality today is that if you want to be successful, you need to have a great network of relevant connections. In fact, a report from Virgin found that up to 46 per cent of jobs are filled through networking, [...]
Shepherd Neame’s exceptional costs take fizz out of profits March 6, 2019 Brewer and pub group Shepherd Neame posted a modest rise in profit before tax for the six months to the end of December, despite being hit by refinancing and contract losses. The figures Underlying profit before tax rose 1.4 per cent to £5.9m in the 26 weeks to 29 December 2018. Like-for-like sales in the group’s [...]
Number of late night alcohol licences falls as consumer behaviour changes March 3, 2019 The number of pubs, bars and nightclubs with late-night licences has fallen by a fifth over the last five years as would-be revellers opt for dating apps and Netflix over boozy nights out, according to new research. While the number of pubs and clubs with 24-hour licences has dropped from 919 in 2018 to 742 [...]
The Restaurant Group sees sales rocket 57 per cent after Wagamama merger May 17, 2019 Frankie & Benny’s owner The Restaurant Group began to feel the benefits of its controversial Wagamama purchase as sales soared 57 per cent in the year to May. Read more: The Restaurant Group profits fall as like-for-like sales slip Like-for-like sales rose 2.8 per cent, meaning the acquisition of Wagamama for £559m at the end [...]
Brexit day is here – but does the rest of the world even care? January 31, 2020 Today is the day that many have dreaded, many have dreamed of and a lot thought might never come. At 11pm, just as the first pubs begin to close, the United Kingdom will quietly slip out of a side door to exit the European Union, ending our membership of a club we’ve been in for [...]
In pictures: Dogs at polling stations across the UK December 12, 2019 As Britain goes to the polls after a six-week election campaign that we can all agree has felt much longer, there is one ray of light guaranteed to cheer up the election-weary public: dogs at polling stations. Read more: Follow the General Election 2019 live with our blog With three elections in four years, Britons [...]