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Business

  • Insurance is the city’s backbone – and it’s got people at its heart 

    Sponsored

    It’s been a dynamic market over the past year,” says Jack Snowden head of the global reinsurance clients team in London for Aon’s reinsurance solutions, with the look of a man who has used words other than ‘dynamic’ to describe itto friends.  Over the past year or more, the reinsurance industry has embarked on an [...]

  • BNP Paribas to track UK staff to enforce office attendance

    banking

    BNP Paribas has told London staff it will track their entry-gate swipes to ensure employees meet targets for working from the office.

  • UK SMEs lack confidence in political parties – but there’s one they favour more

    politics

    SMEs’ confidence in all political parties is suffering according to a new poll - although of those who do see their needs reflected in a party, more would point to Labour.

  • Pepco: British Poundland veteran parachuted in to save struggling European wing

    September 28, 2023

    A retail veteran, who was instrumental in driving UK growth for budget outlet Poundland, has been reshuffled by Pepco to head up its struggling European division. The move comes as the arm posted its second profit warning in three weeks.  Barry Williams, who served as managing director of Poundland and Dealz, in the UK and [...]

  • Cool Planet: Any business that thinks decarbonisation is BS, call us

    September 28, 2023

    Norman Crowley is a three-time business founder who says climate change is more than an impending crisis – it's a business opportunity.

  • London closing in on New York despite bruising few months for the City, report suggests

    September 28, 2023

    London is closing in on New York as a financial centre despite a bruising few months in which firms have ditched the City for the Big Apple, a new survey has suggested.

  • Ryanair boss O’Leary cuts flight due to Boeing plane delivery delays

    September 28, 2023

    Ryanair announced it has cut its winter flight schedule due to delays in the delivery of new Boeing 737 planes. It will reduce the number of aircraft it planned to base at several airports across Europe, including East Midlands Airport and Dublin Airport. The airline said it was due to receive 27 new Boeing aircraft [...]

  • The Spectator’s UK profit grows as magazine ‘resilient’ ahead of sale by Telegraph owner

    September 28, 2023

    The Spectator has said its profits in the UK grew last year, as the nearly 200-year-old magazine gears up for a sale. The weekly magazine, which was first published in 1828, said it is a profitable business which has “shown resilience through tough market conditions”. The company reported an increase in its UK earnings before [...]

  • National Grid: risk of lights going out this winter has fallen

    September 28, 2023

    The risk of the lights going out has fallen ahead of this winter and is almost back to the pre-energy crisis normal, a new report from the National Grid has found. National Grid’s Electricity System Operator (ESO) said on Thursday that it only expects there to be around six minutes between the end of October [...]

  • UK dealmaking almost halves to 14-year low amid interest rate pain

    September 28, 2023

    Dealmaking in the UK has cratered to a 14 year low this year as rising interest rates and swinging prices scupper takeovers.

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