Minister encourages over-50s to embrace diverse jobs like delivering takeaways August 3, 2023 The Work and Pensions Secretary has suggested the over-50s should break free from age-related job stereotypes and embrace a wider range of career opportunities like delivering takeaways. Mel Stride’s comments came during a visit to the London headquarters of food delivery firm Deliveroo, which has recorded a 62 per cent increase in riders aged over [...]
Ranking Barbie movie merch from awful to making our skin crawl August 3, 2023 We’ve ranked Barbie movie merch so you don’t have to… I’m a Barbie girl, in a Barbie world, life in plastic, it’s full of Barbie Ketchup, Barbie Crocs, Barbie Airbnbs, Barbie burgers and Barbie pasta. Is it fantastic? At City A.M., we’ve ranked the most ridiculous Barbie movie merch we could find to let you [...]
UK minister warns semiconductor industry cannot ‘recreate Taiwan in south Wales’ August 3, 2023 The UK chip sector cannot “recreate Taiwan in south Wales,” tech minister Paul Scully has said, amid concerns that the UK has not pledged enough investment to compete internationally. Speaking to the Financial Times, Scully said that the UK must focus on advanced manufacturing and design instead of looking to out muscles rivals such as [...]
New London hotel: 1 Hotel Mayfair’s new Tom Sellers restaurant is Michelin star worthy August 3, 2023 Inside the 1 Hotel Mayfair, where Tom Sellers, the chef behind twice-Michelin-starred Restaurant Story, has opened his newest eatery. The hotel is one of the openings of the year, and focuses on sustainability in its design and ethos. Does the theme work or feel like a lecture? Adam Bloodworth checks in At the newly-opened 1 [...]
Wilko on brink of collapse with 12,000 jobs at risk August 3, 2023 Troubled homeware and garden retailer Wilko reportedly intends to call in administrators, placing 12,000 jobs at risk. The high street chain has filed its notice to appoint administrators at the High Court, Bloomeberg first reported, after it spent the summer hunting for a rescue deal. Wilko, which has 400 sites across the UK, has struggled [...]
Adidas brings in £344m from sale of Yeezy shoes that will aid anti-hate groups August 3, 2023 Adidas brought in €400m (£344.6m) from the first release of Yeezy trainers left over after breaking ties with Ye, the rapper formerly known as Kanye West. The news comes as the German sportswear maker tries to offload the unsold shoes and donate part of the proceeds to groups fighting antisemitism and other forms of hate. [...]
Budweiser maker continues to feel pain of Bud Light boycott August 3, 2023 Budweiser maker AB InBev said its US sales and profits plunged during the second quarter, as Bud Light fell out of favour with customers. Earlier this year, the beer giant chose transgender influencer Dylan Mulvaney to promote the alcoholic drink, sparking outrage from American conservative commentators, celebrities and anti-trans hate groups. The hashtag #BoycottBudLight went [...]
Bitcoin and Ethereum slip as crypto markets shed yesterday’s gains August 3, 2023 Bitcoin has shed most of yesterday’s gains, dipping roughly 1% in the last 24 hours and trading around the $29k level.
FTSE 100 close: Markets in the red as Bank of England hikes interest rates to 5.25 per cent August 3, 2023 London’s FTSE 100 stayed in the red through most of Thursday on a day which saw the Bank of England confirm a 14th consecutive interest rate hike of 25 basis points. The capital’s premier index was down 1.27 per cent by midday and closed at -0.51 per cent. The domestically-focused mid-cap FTSE 250 index, which [...]
How do phone booths improve the office? August 3, 2023 | Sponsored What are phone booths and what are the benefits? It is a reality that office workers spent a substantial part of their day making and receiving phone calls and whilst telephone calls are vital for communication in the workspace, it can be difficult to keep calls private and professional with the background noises of the [...]