The rise of the regulators December 10, 2024 Regulators have expanded massively over the last 50 years, in terms of headcount, expenditure and scope. This has created a risk aversion ratchet which is hampering growth and damaging democracy – there is another way, says James Vitali Over the past fifty years, a silent revolution has taken place in the British constitution. While central [...]
Leica SL3 review: Love blossomed with this mirrorless beauty December 10, 2024 Leica SL3 review: Utterly peerless ★★★★★ It feels like the plot from one of the romcoms I get teased by my other half for watching. You bond over whiskies at an exotic location – well, if you can call Geleneagles exotic – they even lose your luggage for comedic effect. You fall in love. But [...]
Naked Wines toasts progress as losses are slashed December 10, 2024 The boss of Naked Wines has said the brand is “in a better position, both financially and strategically” after slashing its losses during the first half of its financial year. The Norwich-headquartered company has reported a pre-tax loss of £5.6m for the six months to 30 September, 2024, down from the £9.7m loss it posted [...]
Profit takes off at Manchester Airport and London Stansted owner December 10, 2024 Profit at the group behind Manchester, London Stansted and East Midlands airports took off in the first six months of its financial year thanks to a record-breaking summer, it has been announced. Manchester Airports Group (MAG) has reported a pre-tax profit of £139.6m for the six months to 30 September, 2024, up from £115.9m, thanks [...]
Poundland owner Pepco slumps to huge loss after £640m hit December 10, 2024 Discount retail giant Pepco slumped to a loss of more than £450m after weak performance from Poundland in the UK, it has been revealed. The European group has posted a pre-tax loss of €554m (£458.7m) for the 12 months to 30 September, 2024, after having made a profit of €159m (£131.6m) in the prior year. [...]
How Playtomic surfed – and fuelled – tidal wave of interest in padel December 10, 2024 The platform now boasts 1.4m active users in Europe, up 40 per cent on last year.
Airlines battle for a slice of the Arctic – who stands to gain? December 10, 2024 Demand for Arctic travel is booming, driven by attractions such as the Northern Lights. Who stands to gain?
Only the most ‘robust and resilient’ will survive post-Budget blues December 10, 2024 Jennifer Sieg meets Joanna Jensen, serial entrepreneur and founder of family skincare brand Childs Farm, to discuss all things business, investment and start-up trends If you are not prepared to make big personal sacrifices to boost your returns or retain your staff, you might not want to start a business anytime soon. This is the [...]
Labour’s business backers – where are they now? December 10, 2024 Labour won the public backing of over 120 business chiefs in a letter before the election – but the enthusiasm of those executives appears to have dimmed since then. City AM tried to track them down. It was a letter that seemed to signal a tectonic shift in British politics when it landed in newspapers [...]
The Notebook: Doom spending, girl math, and the impact of financial social media trends December 10, 2024 Many of us have heard the term ‘doom scrolling’ – where you feel like you’re mindlessly scrolling through social media, and I think we can all agree that you never feel better after it. But I hadn’t heard of the term ‘doom spending’ until recently. It’s a newer trend on social media which essentially glamorises [...]