Marks & Spencer hires ex-Tesco exec to fix struggling clothing division November 22, 2019 Marks & Spencer has named a new clothing boss to replace its ousted former head of the struggling division. Tesco’s former F&F clothing chief Richard Price will join as M&S’s new managing director of clothing home after Jill McDonald left the role in July. Read more: Poor clothing sales knock M&S’s half-year profit lower Marks [...]
UK broadband and pay TV complaints at an ‘all-time low’ says Ofcom February 8, 2022 Ofcom has revealed that the number of complaints received between July and September last year across broadband, landline and pay TV companies were at an all-time low. From its latest league table, TalkTalk and Shell Energy had the most broadband complaints, primarily due to faults and service issues. With the industry average being 10 complaints per every 100,000 [...]
GlaxoSmithKline clinches cancer specialist Sierra Oncology in $1.9bn deal April 13, 2022 Healthcare giant GSK has snapped up Sierra Oncology, a late-stage biopharmaceutical company focused on rare forms of cancer treatments.
City Moves: Who’s switching jobs in the Square Mile today? December 16, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Zeus Labs Software startup Zeus Labs has poached Tesco’s global head of logistics as it looks to shape up the road freight industry. Joining as chief operating officer, Alistair Lindsay will help reduce the sector’s carbon footprint [...]
Digital banks pull ahead of high street rivals in battle for consumers’ wallets August 17, 2021 Digital banks are pulling ahead of their traditional high street rivals in the battle to deliver strong customer services, according to findings from the competition watchdog. The Competition and Markets Authority found that Monzo, Starling Bank and First Direct are the top banks for customer service in Britain. The CMA conducted a survey of 1,000 [...]
Ranked: Monzo tops list of best UK banks as digital services thrive February 15, 2021 Digital fintechs Monzo and First Direct provide better service to customers than traditional banks, according to a recent survey. Ipsos MORI conducted a review of around 1,000 customers from each of the 19 biggest personal current account providers in the UK to rank the best and worst banks. The findings are designed to compare the [...]
Supermarkets urge shoppers to keep masks on after 19 July July 15, 2021 Supermarkets are urging customers to continue wearing masks even after 19 July, when they will no longer be a legal requirement in England. Prime Minister Boris Johnson has announced that from Monday 19 July, dubbed ‘Freedom Day’, almost all pandemic restrictions will be lifted including the legal requirement to wear masks. Instead the public will [...]
Seven million unemployed Brits not looking for work because they do not want a job August 27, 2021 Around seven million people in the UK who are unemployed are not looking for work because they do not want a job, according to official figures. Data from the Office for National Statistics shows of the 13m Brits who are not looking for work, over half said they were doing so because they did not [...]
Calls to overhaul ‘antiquated’ trial rules grow as SFO forced to drop G4S case March 14, 2023 The UK’s Serious Fraud Office (SFO) on Friday said it would be dropping its case against three former G4S executives over claims they defrauded the UK government of tens of millions of pounds. The collapse of the SFO’s case came after G4S itself took responsibility for the fraud that saw it mislead Britain’s Ministry of Justice [...]
Tesco removes Mel B advert after Spice Girls star complains November 12, 2019 Tesco has removed an advert featuring an image of Spice Girls star Mel B after the singer complained about its use. The advert for Tesco’s new Clubcard Plus featured a picture of Scary Spice with the words “Stop right now. You get 10 per cent off two big shops a month for £7.99”, a play [...]