Former Sainsbury’s boss backs Ellie Goulding’s hard seltzer brand July 6, 2021 Former Sainsbury’s chief executive Justin King has made a “significant” investment in Ellie Goulding’s hard seltzer drinks brand and joined the board as a senior adviser. Served, which was founded by brothers Dean and Ryan Ginsberg last year, has seen its revenue surge in recent months and was valued at £13.6m after a funding round [...]
Yodel drivers vote on strikes as country hit by shortages August 26, 2021 Yodel’s lorry drivers are voting whether to go on strike as sectors struggle with supply chain disruption. Drivers were upset over a range of issues including agency workers being paid more than staff directly employed by Yodel and claims that contractual agreements on pay for holiday and sick leave have not been honoured. Employees are [...]
BREAKING: Entire Three Mobile network down, as well as Instagram, The Times, other websites October 14, 2021 Dozens of social media users are reporting that multiple websites across the UK are currently down, including Facebook-owned Instagram and newspaper The Times. It seems the problems started about 15 mins ago. Also, it appears the entire Three Mobile network is down, as users are unable to make or receive any calls. The company wrote: [...]
Wholesale group Supreme bets revenues on vaping amid lockdown growth July 20, 2021 Wholesale provider Supreme, the company behind 88Vape, has seen its revenue for the smoking alternative alone lift 36 per cent as lockdown smokers tried to kick the habit. The company’s total preliminary revenue was up 33 per cent at £122.3m in the year to 31 March, up from £92.3m in the year prior. Gross profits [...]
First-time buyer price inflation nears 10 per cent as London house prices shoot past £500k November 6, 2021 First-time buyer annual house price inflation is now at a five-month high, at 9.2 per cent, and has pushed ahead of the equivalent measure for home movers, at 8.1 per cent, according to property experts. In London, the average house prices have shot passed £500k. The average UK house price hit a record high of [...]
Rising insurance costs could be ‘last straw’ for struggling small businesses November 24, 2021 Half of small and mid-sized UK businesses have seen increases in pandemic-related exclusions in their cover, according to broker Marsh, as insurers try to stop their £1bn bill from mounting further.
Exclusive: Six-in-ten Brits want to level down London April 21, 2022 Almost six-in-ten Brits want to level down London by shuffling jobs and government funding from the capital to the rest of the UK, according to new polling. Polling by BMG Research, and commissioned by City A.M., shows 25 per cent of people strongly support reducing “funding, jobs and opportunities” in London to “increase them in [...]
The rise in house prices slows after stamp duty holiday ends July 28, 2021 Property prices have continued to rise but at a slower pace since the stamp duty holiday came to an end, according to the Nationwide HPI report for July. Annual house price growth slowed to 10.5 per cent in July, from the 17-year high of 13.4 per cent recorded the previous month. In month-on-month terms, house [...]
New Zealand to enter strict lockdown after single Covid-19 case detected – CityAM : CityAM August 17, 2021 New Zealand is set to enter its highest level of lockdown tonight after detecting a single case of Covid-19 in Auckland, Prime Minister Jacinda Ardern has confirmed. A 58-year-old man has been found to have the virus – the first coronavirus case within New Zealand’s borders for 170 days. The strict restrictions comes amid concerns [...]
Asda under pressure as workers stage nationwide protests over new contract September 5, 2019 Asda is set to face renewed pressure over the implementation of a controversial new contract as disgruntled employees stage protests outside stores. GMB Union members will protest at 15 Asda stores across the UK today, including three London branches, over the new flexible working arrangement. Read more: More than 150 MPs demand Asda backs down [...]