Easyjet boss questions whether NATs is ‘fit for purpose’ after air traffic control failure September 5, 2023 Easyjet’s chief executive has questioned whether Britain's National Air Traffic Services (NATs) is fit for purpose following the network-wide failure of the country's air traffic control systems last week.
Gambling Commission chief says fines have caused industry ‘real distress’ September 5, 2023 The UK gambling watchdog’s boss has said escalating regulatory action and penalties have caused the industry some “real distress”.
N Brown: Online retailers will ‘kick on’ again in new year following cost of living lull September 5, 2023 N Brown chief executive Steve Johnson said he expects online retailers to “kick on” again in the new year, following a lull period driven partly by customers returning to physical stores in order to shop around amid the cost of living crisis. Speaking to City A.M., Johnson, who heads up the business behind popular online [...]
Arm aims for £41bn valuation in IPO September 5, 2023 Cambridge-headquartered chip designer Arm is targeting a valuation of up to $52bn (£41bn) in its upcoming initial public offering in New York, the company said today.
How Swatch hopes to recapture the MoonSwatch magic with new Blancpain collab September 5, 2023 The groundbreaking, plastic-fantastic, injection-moulded Swatch watch was a fashion-forward crutch for Switzerland’s ailing giants 40 years back. It bolstered household names like Omega, Longines, Rado, Tissot et al, all desperately consolidated by the late Nicholas Hayek following the devastation wrought in the Seventies by cheap, electronic quartz tech’ from East Asia. Ironically, at the hands [...]
Bitcoin slips below $25,800 as crypto markets lose altitude September 5, 2023 Most of crypto is dipping in the red this morning, with Bitcoin down by roughly 1% while Ethereum (ETH) follows a similar pattern.
Tourist tax must go, urge business leaders in last-minute plea to MPs September 5, 2023 A group of business leaders, including Gatwick Airport’s chief executive, have backed a letter by BusinessLDN making a final call to the government to scrap the so-called “tourist tax” days before the issue is set to be debated in parliament. The lobby group, which represents some of London’s biggest firms, has asked Chancellor Jeremy Hunt [...]
Restaurants hit by August wash out as firms pray for sunny September rebound September 5, 2023 Restaurants were hit hard by the wet weather in August suffering a 5.8 per cent monthly decline in sales, new data has revealed.
Huge jump in London construction firms closing as project delays and inflation bite September 4, 2023 The number of London construction firms going bust has risen by almost a quarter since the pandemic, new data reveals.
Airports fear UK’s race to fly on biofuels is in danger of stalling September 4, 2023 “Urgent action” is needed to prevent the UK falling behind its European and American counterparts in the development of critical green technologies