Food inflation reaches 14.5 per cent and looks set to remain high, new data reveals March 1, 2023 Food inflation reached a staggering new high of 14.5 per cent in February, according to new data, with retail groups predicting that prices will continue to rise over the coming months. While inflation more broadly has started to come down, food inflation soared to 14.5 per cent in February, up from 13.8 per cent the [...]
A New Look for high street retail? Here’s what matters in the Covid-19 world September 16, 2020 It has been what Sir Alex Ferguson used to call “squeaky bum time” for fashion retailer New Look these past few days. On Monday it was being reported that British Land and Landsec, two of the chain’s biggest landlords, were preparing to vote against the proposed company voluntary arrangement (CVA) which would have switched the [...]
London venture firm looks to scoop £83m for new climate fund August 17, 2022 A new venture vehicle has launched in London today with the aim of scooping up €100m (£83m) to pump into early-stage climate tech firms.
Dodging the media won’t bode well for a new prime minister looking for unity August 8, 2022 For broadcasters, it has become a familiar phrase: “We approached the government for comment, but no one was available.” Journalists such as Emily Maitlis, Kirsty Wark, Cathy Newman and Jon Snow have all intoned it until it hardly means anything – but it has been a hallmark of the Boris Johnson years. Ministers have, to [...]
B&M looking to ease market jitters over new leadership May 29, 2022 Press Association INVESTORS will be looking for any forward-looking forecasts that they hope can lift B&M’s ailing shares as it reports its full-year results tomorrow.The recently announced departure of the company’s long-term chief executive and his family’s reduction of their shares in the firm have weighed on London-listed shares. It has meant that B&M, which [...]
Andreessen Horowitz looks to buck crypto crash with new $4.5bn fund May 25, 2022 US venture capital giant Andreesen Horowitz is looking to buck the crypto crash with a new $4.5bn fund that will pump cash into crypto and so-called ‘web3’ startups.
Recruitment guru Paul Farrer warns employers half of all Brits are currently looking for a new job July 4, 2022 Sixty per cent of all workers are currently looking for a new job, with as many as just under half of them searching for a new role due to the cost of living crisis. That is the warning from Paul Farrer, the founder and chairman of recruitment giant Aspire. According to research carried out by [...]
Hendrick’s looks to the sea for inspiration for its brand new gin March 10, 2022 Hendrick’s flagship gin arrived in the vanguard of the gin revival. Packed with floral notes from rose petals, and freshness, from cucumbers, its inventive blend and distinctive bottling has been emblematic of gin’s return to prominence over the last two decades. In recent years the brand has continued to innovate, with regular releases of limited-edition [...]
Harrods hires new CFO as department store looks to recover from Covid with global expansion May 23, 2022 Harrods has appointed a new chief financial officer as the luxury department store continues the road to recovery after the Covid pandemic. Tim Parker will join the business after a ten-year stint at Jardin Matheson, a Hong Kong-based and London-listed conglomerate. Over the past decade, Parker held several senior finance top jobs across Hong Kong [...]
London-based Lightrock looks to fuel Latin American growth with new $300m fund May 18, 2022 London private equity firm Lightrock unveiled a fresh $300m Latin America fund today as it looks to spur growth in ‘purpose-driven’ entrepreneurs across the region.