Oil records seven weeks of gains despite IEA and OPEC’s differing demand outlooks August 13, 2023 Oil begins trading on Monday after recording seven consecutive weekly gains amid growing expectations of tightening supplies.
“Dogma”: Why Seat’s boss is no fan of UK’s 2030 ban on petrol engines August 13, 2023 The British boss of the Volkswagen-owned automakers Seat and Cupra has blasted the UK government’s 2030 ban on the sale of new petrol and diesel vehicles as inflexible “dogma.” “I don’t think the solution is prohibition,” Wayne Griffiths, who serves as CEO of both European marques, told the Sunday Times. “I don’t think that’s the [...]
Starmer parks nationwide ULEZ plans in attempt to woo motorists August 13, 2023 Keir Starmer has ditched Labour’s commitment to introduce Ulez-style clean air zones across the country, in a loss for Mayor Sadiq Khan. According to reports, a statement supporting the roll-out of clean air zones, which charge drivers whose vehicles fail to meet emissions standards, has been scrapped from the party’s policy programme. It follows Labour’s [...]
Marshalls: Can struggling landscaping giant exceed ‘fairly low’ expectations? August 13, 2023 Investors will turn their focus to building products supplier Marshalls interim results on 16 August to see if the business has picked up any momentum amid a growing slump in the UK house building market. The group, which is headquartered in West Yorkshire, has shown signs of struggling in recent months and announced in July [...]
Soho House: Waiting list for celebrity haunt at ‘all-time high’ with 95,000 in line August 11, 2023 The wait list to secure a place at private members club Soho House has risen to “all-time high” with approximately 95,000 deep-pocketed individuals eager to secure a place at the spot globally. Soho House & Co Inc. the business behind the luxury hub, revealed its growing demand as part of its second quarter results – [...]
Bitcoin anchored in calm waters, but crypto’s fickle waves always loom on the horizon August 11, 2023 Bitcoin maintained its course of flat, sideways movement this morning, tacking between $29,300 and $29,000 as it has for much of the week.
Tesco to swap cheaper product lines into convenience shops August 11, 2023 Tesco is to swap cheaper product lines into its convenience stores as shoppers battle the rising cost of living. It revealed that more than 50 everyday products in its smaller Express shops will be replaced by better priced alternatives, many from its own-brand range. The move comes as German discounter rivals Aldi and Lidl have [...]
EP: 221 Ascot – Shergar Cup Day August 11, 2023 Saturday is Shergar Cup Day at Ascot where 4 teams of jockeys from all over the world compete to become both team and individual champions. Each of the 6 races has a maximum field of ten runners in this unique competition, with leading jockeys from Hong Kong, Japan, & France taking on the British based [...]
Mortgage and rent payments ‘difficult’ for almost 40 per cent of Brits August 11, 2023 Some 38 per cent of Brits have confessed to finding it difficult to afford their rent or mortgage payments over the past month, as the cost of living crisis continues to wreak havoc on the public’s personal finances. This figure was around 29 per cent in early August 2022, new figures from the ONS show, [...]
Versace owner Capri snapped up by Coach’s Tapestry in £6.6bn mega-deal to challenge LVMH August 11, 2023 Tapestry, the American fashion giant behind luxury brands such as Coach and Kate Spade, has agreed to buy Capri the owners of designer Versace in a $8.5bn (£6.6bn) deal. The merger will form a larger fashion conglomerate which will rival the likes of LVMH, the multibillion pound business behind designers such as Louis Vuitton and [...]