Bank of England chief economist Andy Haldane hails ‘new dawn’ for wages after decade of stagnation October 10, 2018 The Bank of England's top economist today hailed a "new dawn" for wage growth after a "lost decade" for British workers' pay packets. Andy Haldane said that average weekly earnings growth had shown a "clear rise" and that other indicators of labour market tightness have increased to historically high levels. The Bank of England and [...]
Sacré bleu! Tour de France trophy stolen during UK tour October 10, 2018 Tour de France winner Geraint Thomas has made desperate appeals for thieves to return his trophy, after it was announced today that the coveted cycling prize was stolen at a show in Birmingham. The trophy, which was lent to bike maker Pinarello, was on a tour across the UK with Sky team’s other Grand Tour [...]
Mental health is an issue that UK companies can’t afford to ignore October 10, 2018 Look under the bonnet of any thriving company, and beyond a solid business plan and clear strategy, you will certainly find that the skill, commitment and talent of its people are the engine driving its success. The Mental Health Foundation found that the average person in Britain says “I’m fine” at least 14 times a [...]
Watchdog bans Vodafone’s ‘misleading’ Martin Freeman advert October 10, 2018 A Vodafone advert where Martin Freeman is told he cannot break up with his phone provider has been banned as “misleading”. It claimed that, unlike with other providers, Vodafone customers could walk away, failing to clarify this only applied in the first 30 days of a contract, the Advertising Standards Authority ruled. In the advert, Freeman [...]
British GDP growth grinds to halt in August October 10, 2018 The British economy did not grow appreciably in August, according to early estimates, after a performance earlier in the summer which was stronger than previously thought. GDP growth for the month came in at zero per cent, the Office for National Statistics (ONS) said. That followed upwardly revised readings of 0.2 per cent growth in [...]
Pub giant Marston’s hikes profits as summer boom adds to sizzling sales October 10, 2018 Pub operator Marston's today said it expects to see higher growth in annual profit, after boosted sales in the summer led the turnaround from a disappointing first half of the year. The figures In a trading update before its preliminary annual results, Marston's said group turnover grew 15 per cent to more than £1.1bn. As [...]
Ten-pin titan Hollywood Bowl Group hopes to score a strike with investors with profit growth October 10, 2018 UK ten-pin giant Hollywood Bowl Group is flirting with the idea of returning a surplus to investors this morning after revealing a rise in annual revenues in a trading update today. The bowling operator reported like-for-like revenue growth of 1.8 per cent in the 12 months to the end of September this year, adding that it expects [...]
Car industry launches no-deal Brexit strategy to bolster supply chain October 10, 2018 The car industry has launched what it’s called a Brexit Readiness Programme to prepare vehicle manufacturers for the UK potentially falling out of the EU without a deal. The Society of Motor Manufacturers and Traders (SMMT) made the move following various members’ warnings about the impact of a no-deal Brexit on the health of the [...]
Police respond to gas explosion outside Liverpool Street pub October 10, 2018 Police and firefighters are responding to a small gas explosion in the City. The blast happened outside the Woodin Shades pub on Bishopsgate. We are currently dealing with a minor gas explosion outside the Woodins Shades pub on #Bishopsgate in the City A small cordon is in place so there is no access to vehicles [...]
Telford Homes boss: Negative Brexit commentary will push down house prices October 10, 2018 Shares in Telford Homes plunged more than 13 per cent in early morning trading today as it warned of falling house prices and flat activity in London’s property market over the next 12 months, with Brexit uncertainty weighing on buyer confidence in the capital. The London-based housebuilder said that recent “negative” Brexit commentary and talk of [...]