The Grace La Margna hotel: St Moritz goes casual November 4, 2024 THE HOTEL Checking into the Grace La Margna in St Moritz, you’ll want to kick off your shoes and curl up in front of the living room fire. This is hardly the typical vibe in St Moritz, Switzerland’s most bougie ski town, but this hotel does things differently. About to embark on its second winter [...]
Did Rachel Reeves deliver a net zero Budget? November 4, 2024 The UK’s recent Budget included a series of measures which have prompted debate over its impact on achieving net zero. While Rachel Reeves announced significant investments in green energy, hydrogen projects and electric vehicle incentives, a number of her decisions have raised concerns about the effectiveness of the UK’s environmental sector. While Wednesday’s Budget announced [...]
No10 hits back as Dyson boss slams ‘ignorant’ and ‘spiteful’ Budget November 4, 2024 Sir James Dyson has branded Rachel Reeves’ first Budget “ignorant” and “spiteful” as he accused her of “killing off family businesses, individual aspiration and economic growth”. The British entrepreneur, 77, hit out at the Chancellor following the government’s first fiscal event last week, writing in the Times newspaper that Labour “hates British families”. He cautioned [...]
Employers wake up! Your staff are already using AI in the office November 4, 2024 Employees are outpacing their own employers when it comes to using AI. It's time for companies to catch up, writes Lorraine Barnes.
UK fund withdrawals reach largest on record amid Budget panic November 4, 2024 UK equity fund withdrawals reached their largest on record in October as investors pulled billions out of markets to escape tax rises in the Budget. Investors sold a £2.7bn stake in funds throughout the month in anticipation of Chancellor Rachel Reeves hiking capital gains tax, up from £564m of withdrawals in September, according to data [...]
How will Reeves’ Budget impact London transport and TfL? November 4, 2024 Debate over Rachel Reeves' first budget has dominated the media. How will it impact Londoners looking to get around the capital?
Retailers prepare for ‘exceptionally tough’ golden quarter after Budget November 4, 2024 The golden quarter is off to a slow start and things are only set to get tougher for retailers over Christmas, according to fresh data. In-store sales grew by 1.7 per cent year on year in October, while total sales – both in-store and online – grew 4.1 per cent, according to BDO. Whilst the [...]
Ryanair profit tumbles as prices fall and Boeing delivery delays hit capacity November 4, 2024 Ryanair’s half-year profit has fallen 18 per cent amid a dip in the average price of its ticket fares and ongoing Boeing delivery delays. The budget airline reported a post-tax profit of €1.79bn (£1.5bn), even as passenger demand reached a record 115m, up nine per cent year-on-year. Revenue increased one per cent to €8.58bn. However, [...]
The Notebook: Embracing Trump shows just how far the Tory Party has fallen November 4, 2024 The embrace of Trump by senior Tory figures shows just how removed the party is from the British electorate, writes James Chapman.
Top economists cast doubt on Reeves’ Budget growth pledge November 4, 2024 Top economists are split on whether last week's Budget will deliver a boost to the UK economy over the next five years, a City AM poll has revealed, as the Chancellor tries to calm markets.