I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
Budget: Can Jeremy Hunt’s R&D tax plans stop Britain becoming an ‘innovation wasteland’? March 15, 2023 Chancellor Jeremy Hunt has attempted to soften the blow of changes to the research and development (R&D) tax scheme today after backlash from small businesses and warnings the UK could become an “innovation wasteland”.
Credit Suisse and European bank stocks tumbling: How bad is it? March 15, 2023 Credit Suisse and a host of other European stocks have all suffered significant falls in Tuesday morning trading. The embattled Zurich lender took a blow after the chair of the Saudi National Bank, its largest shareholder, said he would not put additional capital in the firm if required. That built on further concerns in the [...]
Harry Potter publisher Bloomsbury benefits as Brits turn to books as affordable treat in cost of living crunch March 15, 2023 People turning increasingly to books as an affordable hobby in the cost-of-living crisis has helped Harry Potter publisher Bloomsbury hike its full-year profit outlook. The group – which is also the publisher behind Bake Off star Paul Hollywood’s latest cookbook Bake – said it was seeing surging demand for titles in print, ebook and audio, [...]
Silicon Valley Bank: Start-ups welcome the warm embrace of Britain’s big banks March 15, 2023 The collapse of SVB UK is causing start-ups to reevaluate their banking priorities, Charlie Conchie writes Among the backslapping jubilation of HSBC’s rescue swoop on Monday morning, a singular voice fired a sour warning into the ether. Loss-making start-up the Bank of London had over the weekend launched a bid to buy Silicon Valley Bank’s [...]
Budget: Energy bills to drop £1,000 by July but will not fall below £2,000 by October March 15, 2023 Cornwall Insight has unveiled its price cap predictions ahead of the Budget, raising expectations of a sharp fall in energy bills.
John Lewis annual partner bonus ‘at risk’ as middle class favourite takes on first CEO and faces down talk of pre-tax loss March 15, 2023 John Lewis has drafted in its first chief executive as chairman Sharon White looks to get another pair off hands on deck to help the retail group ahead of its trading update tomorrow. John Lewis Partnership, which oversees the management of department store John Lewis and upmarket grocery chain Waitrose, has appointed retail veteran Nish [...]
IG Group shares dip as clients opt to hold positions amid millpond market conditions March 15, 2023 Shares in IG Group slumped after it reported a fall in revenue and a drop in active client numbers, as lower market volatility resulted in fewer trades. In the three months to December – the third quarter of the firm’s year – revenue at the trading platform fell seven per cent to £239.3m. This was [...]
Budget: SSE boss urges Hunt to match green energy goals so UK can face down US competition March 15, 2023 A leading energy boss has called on the Chancellor Jeremy Hunt to clear the way for a "decade of delivery" on UK energy supplies.
London brought to a standstill as tube strike closes entire network and RMT lock horns with Sadiq Khan March 15, 2023 A strike by London Underground drivers has closed the entire network. Transport for London’s website shows no services are running on any Tube lines. The Docklands Light Railway and Elizabeth line are part-suspended because of the industrial action. Drivers in Aslef and the Rail, Maritime and Transport union (RMT) walked out in a dispute over [...]
Zara owner sees sales soar to £28.8bn as young shoppers shrug off cost of living crisis to splash cash on latest trends March 15, 2023 The owner of high street fashion chain Zara said young shoppers remained to spend cash on the latest trends despite rising inflation and the cost of living crisis. Inditex, which also owns popular brands such as Pull&Bear and Bershka, reported a sales growth of €32.6bn (£28.8bn) up 17.5 per cent from the same period last [...]