Persimmon on track to open 75 new outlets as it looks to take advantage of growing house prices April 27, 2022 Persimmon, the UK’s second largest housebuilders, is on track to open around 75 new outlets during the first half of 2022, having already opened over half by the end of March 2022. The housebuilder now has around 300 active outlets across the UK, as it looks to snap up more of the market and strengthen [...]
McDonalds, Topshop and New Look close stores due to coronavirus March 23, 2020 High street retailers have begun to shut stores in response to the coronavirus pandemic in the UK. Topshop, New Look and H&M are among the major UK retail chains to temporarily shut all branches over the weekend. The government ordered all pubs, bars, clubs and restaurants to close on Friday as the public were encouraged [...]
Dyson appoints battery veteran into CEO role January 16, 2024 Dyson has appointed an automotive industry veteran as its new chief executive as the electronics giant looks to branch into new industries.
New Look narrows losses as turnaround plan pays off February 11, 2020 High street retailer New Look narrowed its losses in the third quarter, as a new leadership team pushed ahead with its transformation plan. New Look said it narrowed its losses from £63.2m to a statutory loss before tax of £1.2m, despite falling sales. Like-for-like sales in the UK and Ireland fell 7.1 per cent over [...]
Say hello to the 3:2 week: What a new working life looks like for many Brits in 2022 March 24, 2022 Two years on since working from home was first introduced for many Brits, new research shared with City A.M. today shows that Brits have reached an era of balance, as today’s office workers now spend three days a week working in the office, and the other two working remotely. The new 3:2 week has had [...]
City watchdog FCA looking to hire hundreds of new staff to get grip on consumer credit market February 21, 2022 The financial services watchdog is recruiting for a number of senior roles in a push to expand its oversight and supervision of the City’s credit space. The Financial Conduct Authority, based in Stratford, is looking for a lead supervisor for credit and debt as well as a director for consumer finance. In the publicly available [...]
Facebook looking to expand into new London office space September 10, 2021 Facebook is readying to grow its London presence with plans to move into a new office block near its current Brock Street base. The tech giant is reportedly looking to move into all of the space at 1 Triton Square, which is owned by British Land. Media company Dentsu Aegis had signed a prelet on [...]
Dyson looking to hire hundreds of new engineers as tech giant wants every Brit to use home assistant robots within years May 25, 2022 As Dyson has started to preview plans to build home assistant robots – it wants to have them in UK homes by the end of the decade -the tech company has issued a call to robotics engineers to join. The UK-founded firm announced plans to open a robotics centre at Hullavington Airfield in Wiltshire, where [...]
Ruchir Sharma on bailouts, inequality and making markets free again July 8, 2024 A new book by Ruchir Sharma argues that a bigger state is exactly the wrong diagnosis for a government looking to boost growth.
UK fraud agency goes on hiring spree to top up numbers after departures December 4, 2023 The Serious Fraud Office (SFO) said that hiring new staff was its “top priority” as it looks to turnaround under new boss Nick Ephgrave.