Mediclinic warns of price hikes as inflation and Covid-19 rattle healthcare November 16, 2022 Hospital operator Mediclinic has voiced concern over its ability to stave of price hikes as it undergoes a billion-pound takeover. The London-listed company, which was bought by a South African consortium for £3.7bn in August, said increasing economic uncertainty, rising inflation and the risk of further Covid-19 disruption is weighing on margins. “Increasing macro-economic uncertainty, [...]
OKX reveals £84m ‘market recovery fund’ after rebuffing FTX rescue November 16, 2022 A crypto exchange that rebuffed a rescue request from FTX has announced a $100m ‘market recovery fund’ to support ailing firms on the verge of collapse.
UK one step closer to space nation status with first-ever launch licence secured November 16, 2022 The UK is yet another step closer to becoming a space nation, with the Cornwall spaceport securing the country’s first-ever licence today. Richard Branson’s rocket company Virgin Orbit will take the title as the first business to launch from British soil before the end of the year. The company completed its full wet dress rehearsal [...]
Government in danger of missing nuclear targets, warns industry boss November 16, 2022 The Government is in danger of missing pledged targets to ramp up nuclear power and boost the UK's supply security.
Clifford Chance to leave Canary Wharf HQ for new City offices November 16, 2022 Clifford Chance is set to return to the City after striking a deal to leave its Canary Wharf headquarters in 2028. The Magic Circle law firm has struck a deal with Great Portland Estates (GPE) to rent 321,000 sq ft of office space at the property developer’s 2 Aldermanbury Square project, which is set to [...]
In it to win it: Download your office World Cup sweepstake kit November 16, 2022 The World Cup is here - download our office sweepstake kit
CMC Markets profits rise as traders tap into global turmoil November 16, 2022 Trading firm CMC Markets reported a boost in profits today as market volatility helped propel income by 21 per cent to £153.5m.
Deliveroo closes Australian business amid ‘challenging economic conditions’ November 16, 2022 Deliveroo is leaving the Australian market, citing ‘challenging economic conditions’ and fierce competition. The delivery giant said it had been a “difficult decision”, but “achieving a sustainable position of leadership in the market is not possible without a disproportionate level of investment which would have highly uncertain returns”. “Deliveroo, like all other companies, is now [...]
Focus on the Menopause and reframing the narrative November 16, 2022 | Sponsored DiverCity® Podcast · S14 E4 Focus on the menopause and reframing the narrative In honour of World Menopause Month, host Julia Streets is joined by Sam Simister, co-founder of GenM and Rachel Lankester, founder of Magnificent Midlife. Together they focus on redressing the balance and creating a more positive discussion about the menopause, while also [...]
Experian profits rise as customers lean on credit checks November 16, 2022 Credit checker Experian reported a 21 per cent slump in pre-tax profits in the first half of the year on as soaring inflation and rising interest rates pushed up costs and devalued its assets across Europe and the Middle East.