Outrageous raging inflation, and the distortion of CPI October 5, 2022 This week, Dr Chris Kacher pours scorn on CPI while speculating on what might happen if quantitive easing is introduced again.
BA pilots hail ‘incredible and emotional’ medical aid flight to India May 5, 2021 The British Airways pilots flying an aircraft packed with 27 tonnes of medical aid to India have hailed the hard work that has gone into getting the flight off the ground. The airline said the load included hundreds of oxygen cylinders, plus respirators, blood oxygen saturation monitors and care packages. A total of 1,349 items [...]
The City View: Innovate Finance summit roundup, and two Lidl adverts banned April 6, 2022 Today Andy Silvester chats to City A.M. reporter Charlie Conchie, and whistles through the main headlines you need to know. Andy and Charlie go through this week’s fintech Innovate Finance summit — they discuss the London Stock Exchange CEO’s comments yesterday on bosses needing a pay boost; Ron Kalifa’s views on the mindset shift needed [...]
The City View: Analysing the G7 plan to phase out Russian oil May 9, 2022 Today Andy Silvester talks to City A.M. reporters Nicholas Earl and Leah Montebello. They go through the G7’s decision to phase out Russian oil, historically elevated gas prices, unpick Snapchat owner Snap Inc.’s plan to compete with the likes of TikTok, and break down Uber’s CEO Dara Khosrowshahi’s recent letter to employees. And in the [...]
Staff crisis in hospitality: Act now or risk being the next France June 15, 2021 The hospitality sector is in the midst of a staff crisis. We always knew that staffing would be a challenge with full reopening post-Covid, that not everybody would return to work after furlough. Many of our French and Italian staff went back home during lockdown and had decided not to return to the UK or [...]
Brexit friction should spark new ideas for retail exports January 23, 2021 Many retailers received a welcome boost during the Covid-19 crisis with a rise in online orders from international markets, but with exports to EU member states facing teething problems in the form of higher costs and processing delays, now’s the time for retailers to broaden their reach and tap into new markets further afield. Research [...]
Indy Hothi CA: “You cannot witness the devastation around you and not feel compelled to do something.” August 19, 2021 This article first appeared in ICAS’ CA magazine. ICAS Deputy President Indy Hothi CA says his work at Khalsa Aid International is just one example of how accountants can use their skills to support their chosen causes. Back in 2014, parts of Bosnia and Serbia suffered their worst floods since records began some 120 years ago. [...]
Extending the stamp duty holiday won’t avoid a cliff-edge, it will make the eventual fall steeper February 24, 2021 The stamp duty holiday created a bloated and false economy in the housing market; it’s time to scrap the policy, not extend it. Rishi Sunak introduced the policy last summer. The idea was simple enough – add a bit of fuel to the property market and stoke consumer spending by only making buyers cough up [...]
Exclusive: Online retail sales record five years growth in 12 months due to pandemic February 12, 2021 Online retail sales recorded five years of growth in just 12 months as the coronavirus pandemic accelerated the shift to digital shopping, the latest research showed. E-commerce sales accounted for 19 per cent of retail spending in 2019 compared to 28 per cent 2020 after restrictions and lockdowns forced consumer spending online and away from [...]
Tory conference: Boris Johnson’s speech in full October 6, 2021 Prime Minister Boris Johnson delivered his second leader’s speech at Conservative conference today. Here is his speech in full. Isn’t it amazing to be here in person the first time we have met since you defied the sceptics by winning councils and communities that Conservatives have never won in before – such as Hartlepool in [...]