The Notebook: Patrick Spencer on the global economy, Simpsons stereotypes and why not all businesspeople are evil August 16, 2023 Today, Patrick Spencer, former government advisor and director of the Jobs Foundation, takes the pen Economic news, jobs, jobs and more jobs. Waking up yesterday, the big news is from the US as former president Donald Trump was charged with intentionally interfering with the US election result in 2020. Grim news indeed but the more [...]
New Sports Direct boss asserts Mike Ashley is ‘not pulling the strings’ amid of price increase warning May 5, 2022 Sports Direct’s new chief has asserted that the retailer’s former boss and his future father-in-law is “not pulling the strings.” In his first interview since stepping into Mike Ashley’s shoes as chief executive of Frasers Group, Michael Murray warned prices would likely go up. The high street titan was facing headwinds “going through the roof,” [...]
Everyone is talking about quiet luxury but there’s a problem June 9, 2023 Unless you have spent the first five months of 2023 on retreat or continuing your Second World War service for Imperial Japan, you will know that one of the most significant trends in the fashion world has been “quiet luxury” or “stealth wealth”. The concept is that the smartest of the smart are now dressing [...]
As the FTSE 100 turns 40, what does the future hold for London’s leading blue-chip index? January 2, 2024 After posting an annualised return of 15.9 per cent in the 1980s and 11.1 in the 1990s, the FTSE 100 has recorded growth of only 0.4 per cent since 2000.
Banks boosted by looming BoE interest rate hike June 15, 2022 Strengthening bets on the Bank of England tomorrow hiking interest rates for the fifth meeting in a row boosted the UK’s biggest-listed banks today. The capital’s premier FTSE 100 index surged 1.2 per cent to 7,273.41 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, [...]
Four-time champion Sebastian Vettel to retire from Formula 1 July 28, 2022 Four-time Formula 1 world champion Sebastian Vettel this morning announced that he’d retire from the sport come the end of the season. The German, who drives for Aston Martin, announced the news on his newly-created Instagram account. Having made his Formula 1 debut in the United States in 2007 with BMW Sauber, 35-year-old Vettel currently [...]
Twitter HQ in chaos as mass exodus of staff picks up after Musk sets ‘hardcore’ deadline November 18, 2022 After Twitter’s new owner Elon Musk gave workers a choice to pledge to “hardcore” work or resign with severance pay, the social platform is bleeding engineers. Some took to Twitter to announce they were signing off after Musk’s deadline to make the pledge. A number of employees took to a private forum outside of the [...]
Not helpful if NatWest chair quits over Farage feud, says City minister July 29, 2023 It would not be “helpful” for the NatWest chairman to quit now as the bank seeks to rebound from the crisis over Nigel Farage’s Coutts bank account, the City minister has said. Andrew Griffith, who has led the Government’s response to the row, offered his backing to Sir Howard Davies after days of pressure on the [...]
Tory leadership: MPs call for an end to ’embarrassing’ attacks July 25, 2022 Tory MPs called for an end to bruising personal attacks in the party’s leadership race today as the battle between Liz Truss and Rishi Sunak became even nastier. Culture secretary and Truss supporter Nadine Dorries launched an attack on Sunak’s immense wealth earlier today, tweeting that the ex-chancellor visited “Teesside in Prada shoes worth £450 [...]
Heineken takes full ownership of London’s Beavertown Brewery September 7, 2022 Heineken has purchased all remaining shares of Beavertown, meaning it now has full ownership of the London brewery. The Dutch brewer snapped up a minority share in the North London craft brewer in 2018. The two firms did not reveal the purchase amount for the remaining shares on Wednesday. Within the latest deal, Beavertown founder [...]