Quiche is no Coronation dish – a corgi could have chosen better April 23, 2023 Oops, I’ve let my imagination gets the better of me. Deep in my subconscious mind, I’m desperately ravaging a Beef Wellington; my ever-sweet tooth eager to tuck into the final course of an imaginary feast and scoff the non-existent Peach Melba that doesn’t await me. Already I’m regretting the invented brunch of omelette Arnold Bennett [...]
M&A quarterly transactions down as investors nervy amid war in Ukraine June 7, 2022 The number of merger and acquisition transactions in the UK has plunged in the first quarter of the year, versus the end of last year. According to fresh figures published by the Office for National Statistics, there were some 370 completed M&A deals in the first quarter of the year. This was a significant drop [...]
Beneath the jargon, Bernanke delivers devastating critique of the Bank of England April 17, 2024 Leading economist Ben Bernanke has exposed the flawed modelling and out-of-date technology behind the Bank’s failures to forecast inflation, says Paul Ormerod Last week, Ben Bernanke, former chairman of the US Federal Reserve Bank and Nobel Laureate in economics, published his review into the process of forecasting and policymaking at the Bank of England. You [...]
Liz Truss and Rishi Sunak will both lose in the style stakes July 28, 2022 It was Nadine Dorries who started it. Of course it was. Earlier in the week, the culture secretary, a passionate Liz Truss supporter, tweeted to praise the foreign secretary for wearing earrings from Claire’s Accessories which had cost £4.50. By contrast, Rishi Sunak was sporting £450 Prada loafers and a bespoke suit worth £3,500. No [...]
Surge in back-to-school sales pushes Shoe Zone’s profit outlook for third time this summer August 31, 2022 A surge in back-to-school sales has helped retailer Shoe Zone to increase its full-year profit outlook for the third time in as many months. The discount shoe chain said trading continued to be better than expected during August, with strong demand for back-to-school items and summer shoes boosting business. Shares jumped more than 10% in [...]
Boots Advantage Card payments blocked after cyber attack March 5, 2020 Boots Advantage Card has suffered a cyber attack, forcing the chemist to suspend payments using loyalty points. The cyber attack has affected around 140,000 customers, which Boots said represented less than one per cent of its online users. Scammers attempted to break into Boots Advantage Card accounts using passwords stolen from other websites, which can [...]
Google hires three top female execs to roles backing UK firms with AI tech growth November 28, 2023 Google has appointed three female senior new executives to drive forward the tech giant’s support for UK businesses. The search engine behemoth said the appointees will report straight to Debbie Weinstein, the vice president and managing director for Google UK & Ireland, and will help focus on the use of AI technology in growing British [...]
Warning of Lemsip, cough and cold medicine shortage as Brits battle winter flu January 4, 2023 Brits are struggling to get hold of cough and cold medicine as a nasty strain of flu sweeps the nation. It has been reported that there is a shortage of medicines such as throat lozenges, cough mixtures, Lemsip powders and pain killers. This comes after the UK Health and Security Agency issued a warning about [...]
Bankers’ bonuses are back and the long 2010s dominated by Brexit are over November 2, 2023 There’s a political vibe shift, and the Conservatives are on the losing end of it is Brexit finally exits stage right.
Mothercare shares surge as baby goods seller returns to profitability September 13, 2022 Shares in Mothercare surged by more than 60 per cent today after the British baby-care products retailer said it had swung back into profitability over the past financial year. The Watford headquartered company posted profits of £12.1m for the financial year 2022, compared to a £21.5m loss in FY 2021. The retailer said the “significant [...]