KPMG: Big four firm to freeze pay for 12,000 jobs as services slowdown continues November 24, 2023 Big four firm KPMG has announced it will freeze the pay of 12,000 staff, as the services sector continues to be hit by a major slowdown. The freeze was first reported by the FT, with staff only getting a pay boost if they get a formal promotion, ahead of the Christmas break. Partners at KPMG [...]
The Notebook: Victoria Scholar on the retail winners this year November 9, 2023 Where the City’s movers and shakers get a few things off their chest. Today, it’s Victoria Scholar of Interactive Investor
British tycoon close to striking rescue deal to save The Body Shop July 17, 2024 A consortium led by British business tycoon Mike Jatania has agreed to buy The Body Shop out of insolvency.
The ultimate indulgence – a London weekender in Soho’s newest destination hotel January 13, 2024 A Soho weekender may be a Londoners' greatest indulgence, and it's more opulent than ever in the new Broadwick Soho
Election uncertainty to squeeze London IPO market again as listings slump to 13-year low January 11, 2024 Elections in the UK and US are set to squeeze the initial public offering (IPO) market again this year after new floats in London cratered to a 13 year low in 2023, EY has said. The London Stock Exchange saw just 23 new firms listing on the market last year, a 49 per cent slide [...]
Stansted boss predicts another bumper year for aviation after 2023 rebound January 11, 2024 London Stansted Airport reported record passenger numbers in December, continuing its post-Covid resurgence.
No point in a ‘perfect’ stock market if no one’s using it, City figure hits back at Carson Block January 9, 2024 There is no point in having a “theoretically perfect” stock market if no one uses it, a top capital markets figure has hit back at Carson Block.
Bodycare edges toward the black as it reveals huge expansion plans June 24, 2024 Toiletries retailer Bodycare has revealed plans to open 40 new stores in the south of England as it edged closer to returning to the black during its latest financial year, according to new documents.
Election 2024: Firms have ‘nothing to worry about’ on workers’ rights, Reeves says June 21, 2024 Rachel Reeves has told businesses they have “nothing to worry about” from Labour’s workers' rights reforms at The Times CEO Summit.
Boots: ‘Lipstick effect’ boost to sales as cash-strapped shoppers help chemist post record-breaking Black Friday sales figures January 5, 2023 High street stalwart Boots saw sales jump in its stores over its Christmas trading period, as the return of tourism and office-working proved a shot in the arm for its city locations. The privately owned chemist said like-for-like retail sales leapt 8.7 per cent in its first quarter to November, marking record-breaking sales on Black [...]