How to fire up the economy? Stop messing with peashooters and bring out the big guns March 24, 2024 Boosting the economy is the only way to sustainably raise living standards for all, so let's stop messing around with small-fry policies, writes Matthew Fell.
AI and risk management: Are financial services future-proof? December 30, 2022 Emre Kazim, Ashyana-Jasmine Kachra and Ayesha Gulley of Holistic AI look at how to steer around the risks of AI adoption.
UK inflation to fall to lowest level since March 2022 but Bank of England still tipped to hike interest rates July 17, 2023 UK inflation is on course to drop to its lowest level in over a year, but lingering underlying price pressures will heap expectation on the Bank of England to keep on hiking interest rates, new figures out this week are tipped to show. The rate of price growth in Britain is expected to have dropped [...]
Food delivery share prices could ‘meaningfully recover’ next year as firms approach profitability July 27, 2022 While food delivery stocks have experienced turbulence lately, the Royal Bank of Canada said there was potential for shares to “meaningfully recover” as start-ups approach profitability. Former City darlings Deliveroo and Just Eat Takeaway have seen their share prices plummet by some 72 per cent and 77 per cent in the past year, despite blockbuster [...]
eBay UK chief slams Royal Mail strikes for impact on small businesses November 24, 2022 Ebay’s UK chief has slammed posties’ strike action, saying small businesses are being caught in a “crosshairs at the very time they most need support”. Writing in City A.M., Murray Lambell said smaller e-commerce firms were the “lifeblood” of the economy and must be protected during this festive season. “The last two festive trading periods [...]
Franco Manca owner’s revenue soars over 100 per cent with post-lockdown demand July 21, 2022 Revenue at Fulham Shore, which owns Franco Manca and The Real Greek, has soared more than 100 per cent in the post-lockdown march back to restaurant dining. The London-listed hospitality giant mas made an operating profit of £6.7m in the year to 27 March, swinging from a £4.8m loss in 2021. Fulham Shore has unveiled [...]
Companies may need to fire problematic suppliers or risk losing customers, researchers say July 22, 2022 Companies may have to take action against suppliers causing issues to prevent a supply chain scandal otherwise customers will leave, research from the University of Surrey said. Businesses will benefit from firing problematic suppliers, as customers could depart in case of a scandal. Customers expect companies to effectively handle issues and to take action. “Our [...]
EV sales drive new car market growth in September October 5, 2022 The sale of electric vehicles (EVs) has driven a 4.6 per growth in September’s new car market, according to data published today. Figures from the Society of Motor Manufacturers and Traders (SMMT) reported that new electric vehicle registrations grew by 16.5 per cent to more than 38,000 units. After March, September is the second-biggest month [...]
Deliveroo posts growth in Q3 despite tough consumer environment October 21, 2022 Deliveroo continued to benefit from stable growth in the third quarter of the year, as it looked to expanding its offering across the UK and Middle East. The fast-food delivery giant had year-in-year growth in Q3 with gross transaction value (GTV) per order up six per cent, despite orders being down one per cent, driven [...]
Farewell transmission: Have interest rates worked to bring down inflation? March 31, 2024 While inflation has fallen from a peak of over 11 per cent to 3.4 per cent, unemployment stands at just 3.9 per cent having fallen in the second half of last year.