Tech stocks drag down Wall Street as FTSE 100 suffers worst month since March October 30, 2020 Sliding tech stocks dragged down Wall Street this afternoon, while the FTSE rounded off its worst monthly fall since March amid a wave of new coronavirus lockdowns. The three main US indexes were on course for their worst week since March as ongoing pandemic-related uncertainty and the looming presidential election sparked market volatility. Read more: [...]
The Square Mile and Me: Bill Blain on Bear Stearns, the Old Dr Butler’s Head and sailing on the Solent January 11, 2023 Each week we ask a City figure to tell us about what makes the Square Mile special. This week, it’s Shard Capital’s Bill Blain. What’s your first memory of the Square Mile? As a young Scotsman fresh to London, I thought the City was all bowler hats before a university chum invited me for lunch [...]
Breakdown in social cohesion to put global economy in a vice, warn world’s top business brass January 11, 2022 A breakdown in social cohesion will cause volatility to ripple throughout the world, putting the global economy in a vice. The risk of social upheaval has intensified sharply since the onset of the Covid-19 crisis and now poses a real threat to eroding multilateral cooperation and derailing the global economy, according to a survey of [...]
IFS: Poorest Brits to shoulder worst cost of living shock January 12, 2022 The poorest households in the UK are set to shoulder a harder hit from the cost of living crisis, reveals new analysis released yesterday. The rising cost of energy will erode a greater proportion of poorer households’ income compared to wealthier Brits, according to the Institute for Fiscal Studies (IFS). Less wealthy Brits tend to [...]
Slowing business activity strengthens UK recession risk May 26, 2022 Swelling costs and fears over rampant inflation forcing consumers to slash spending are eroding British businesses’ optimism, casting doubt over whether the country can avoid a recession, two surveys published today reveal. Households are cutting discretionary purchases in response to living costs climbing at the quickest pace in four decades, research by the Confederation of [...]
Just Eat shares plunge as Deliveroo’s new feature bites June 13, 2018 Shares in Just Eat dropped more than seven per cent this morning after Deliveroo announced dramatic expansion plans and a new feature. Deliveroo anticipates that it will add 5,000 new restaurants to its platform with the 'Marketplace+' feature, which puts it in direct competition with Just Eat. Restaurants which handle their own delivery will now [...]
Food delivery apps serve up extra £400m in restaurant revenue December 2, 2019 Food delivery apps such as Deliveroo, Just Eat and Uber Eats are serving up an extra £400m in revenue for European restaurants, according to a new report. Third-party platforms, that customers can use to order food from a variety of restaurants, have also increased profit across the Europe’s restaurant sector, with venues in London seeing [...]
The futurist on sniffing out a good crypto investment August 12, 2022 Jillian Godsil interviews Tom Serres - co-founder of Warburg Serres - on what it takes to make it as a crypto investor.
Tom Kerridge’s The Hand and Flowers Marlow offers a new Michelin-starred travel package – I tried it out November 7, 2022 Tom Kerridge’s Hand and Flowers in Marlow is the only pub in the world with two Michelin stars. That prestige is reflected in eye watering pricing. One newspaper wrote an entire article about the £33 omelette, and the steak leaves you with a fiver’s change from one hundred pounds. I visit the river after dark [...]
Chef Ravinder Bhogal interviews composer Nitin Sawhney about the joy of creativity June 4, 2024 Food writer and restaurateur Ravinder Bhogal interviewed her friend Nitin Sawhney, the composer, producer, and multi-instrumentalist, at her restaurant Jikoni. Here's what happened.