Criminal gangs stole £350m from Covid support schemes November 5, 2021 Fraudsters taking from Covid support schemes have cost the taxpayer almost £5bn, new analysis has revealed. Organised crime gangs took £350m from schemes including the furlough Coronavirus Job Retention Scheme, the Self-Employment Income Support Scheme, and the subsidised meals initiative Eat Out to Help Out. A remaining £4.6bn was taken opportunistic fraudsters, according to figures [...]
Jet-setting Brits ready for summer but it’s oil prices that could really take off May 2, 2023 Resurgent demand in the world’s most developed economies could prove to be a major tailwind for oil prices.
Truss has picked the wrong fight: the problem is inflation, not lack of growth October 13, 2022 In her speech to what was left of Tory party conference, Liz Truss promised that her priority was “growth, growth, growth”. The events of the past week have underlined why that is the wrong priority, at the wrong time, by the wrong prime minister. Much has been made about the prime minister’s ideological convictions but [...]
Strong appetite for takeaway and delivery as sales soar past pre-Covid levels October 22, 2021 Restaurant groups- including Pizza Express and Honest Burgers -more than doubled their delivery and takeaway sales from pre-Covid levels last month. Combined sales were 130 per cent higher than in September 2019, the CGA & Slerp Hospitality at Home Tracker revealed. Sales are also 35 per cent higher than in September 2020, with signs that [...]
Ovo Energy reveals redundancy plans to staff following reports of mass job cuts January 13, 2022 Ovo Energy has now told staff it will cut a quarter of its workforce and axe 1,700 employees, according to BBC News.
Which cafes and restaurants are reopening as the coronavirus lockdown lifts? June 10, 2020 After two months of coronavirus lockdown, Britain’s high streets are waking up again. From Pret to Pizza Express, cafes and restaurants across the country are working out how to restart their businesses. So what chains can customers expect to open up again on Monday, when so-called non-essential businesses are allowed to make their long-awaited return? [...]
Boohoo poaches Trainline CFO weeks after retailer saw first-ever sales drop June 23, 2022 Boohoo has poached Trainline’s former finance lead as its new chief financial officer (CFO), just weeks after the retailer posted its first-ever sales drop. It comes amid a turbulent period for fast fashion brands. Rival retailer Missguided collapsed in late May, after being hammered by spiralling supply chain costs. Shaun McCabe, who has sat on [...]
Deliveroo and Just Eat break into WPP most valuable brands league table September 20, 2018 Takeaway firms Deliveroo and Just Eat have broken into the ranks of the UK's most valuable brands, according to new analysis published today. The companies have broken into the top 75 list for the first time, as Deliveroo came 64th with a value of $888m while Just Eat nabbed 30th place with a brand value of $2.5bn. [...]
Deliveroo and Just Eat break into WPP most valuable brands league table September 20, 2018 Takeaway firms Deliveroo and Just Eat have broken into the ranks of the UK's most valuable brands, according to new analysis published today. The companies have broken into the top 75 list for the first time, as Deliveroo came 64th with a value of $888m while Just Eat nabbed 30th place with a brand value of $2.5bn. [...]
We won’t be able to create social impact until we learn how to measure its success June 13, 2022 Today, it is more common than before for younger people to think about the ethics of a business before they pull out their contactless cards. So the pressure is on for firms to show their positive impact on society – to attract customers and talent. Morgan Stanley reported recently that millennials are twice as likely [...]