The Square Mile Gears Up For City Giving Day 2023! July 26, 2023 | Sponsored As the countdown begins for City Giving Day 2023, businesses across the Square Mile are starting to announce their plans for the annual event – from a brand-new live online auction to “knit for the community” being supported by the Lady Mayoress, Felicity Lyons. Coming into its 10th year, City Giving Day is an annual [...]
Musk’s mad superapp-etite: Why his ‘everything app’ might miss the mark July 26, 2023 Another week, another Elon Musk melodrama. In yet another episode of his theatrics, the tech-obsessed billionaire unveiled his latest surprise this week: a dramatic overhaul of Twitter and rebrand of it as ‘X’. Musk said the name ‘Twitter’ “does not make sense” after the original short-messaging ethos with a 140 character limit having been scrapped [...]
Loss of tax-free shopping costing the UK £4.1bn, say London bosses July 26, 2023 Scrapping the tourist tax could generate £4.1bn annually for the UK economy, new research suggests, as a cluster of prominent business owners call for the government to reinstate VAT shopping for international tourists. Rishi Sunak scrapped the tax which saw international shoppers able to claim 20 per cent back with their purchases. It was largely [...]
Secret cheese and wine pairings to amaze dinner party guests July 26, 2023 You will all, I assume, have yesterday been celebrating one of the highlights of the British calendar: National Cheese and Wine Day. Other than being an amazing excuse to eat loads of cheese and drink loads of wine, the day was also the perfect opportunity to ask my cheesemonger friend about the secrets behind the [...]
Aston Martin surges ahead of market expectations with £134m gross profit July 26, 2023 Aston Martin’s second quarter results raced past market expectations, as the marque benefitted from booming demand for a range of its newly unveiled makes. Revenues rose 23 per cent from £309m to £381.5m in the second quarter, while gross profit was up 29 per cent from £104.1m to £134.4m. Shares in the luxury carmaker rose [...]
Fish and chip-per: ‘Classic’ pub grub leads the way for Marston’s surging sales July 26, 2023 Marston’s thanked warmer weather in June and appetite for classic pub like fish and chips grub for a surge in like-for-like sales for the 16 weeks ended July. Unusually hot spells at the start of summer drove customers to pubs, with more people drinking and dining out hiking like-for-like sales by 10.9 per cent. Group [...]
Nissan and Renault reach alliance deal as China struggles mount July 26, 2023 Nissan will invest up to $663m (£513m) in Renault’s new electric vehicle unit, the automakers said on Wednesday, as they finalised terms of their restructured partnership after months of negotiation clouded by tension. Sealing the deal is likely to be seen as a positive. Talks between the two had dragged on months longer than expected, due [...]
Bitcoin highs and lows tread a tight margin as investors await today’s interest rate call July 26, 2023 Yesterday’s highs and lows for the market leader were both around the $29k level, with Bitcoin today sticking to the same price range.
Revolution Bars: Clubbers scaling back makes for a ‘challenging’ year ahead July 26, 2023 Revolution Bars Group said that it expects trading for the rest of the year to be “challenging”, as young clubbers are scaling back nights out due to the cost of living crisis. In its full year results the group said like-for-like sales were down 8.7 per cent against pre-covid levels, as it warned that trading [...]
The Rosarium is Waterloo’s newest restaurant July 26, 2023 Waterloo Station isn’t typically somewhere you’d think to go for dinner, but a new restaurant just opened in the bowels of the station is rethinking the terminus in culinary terms. Go down the stairs opposite the sweeping main entrance past where the Eurostar used to be and a couple of hundred metres underneath the platforms [...]