Royal Mail parent group IDS names international parcels boss as new leader July 20, 2023 International Distributions Services (IDS), the parent group of Royal Mail, has named Martin Seidenberg as its new leader as new boss says there’s opportunity ahead, “but we must seize it”. Seidenberg, who has been chief executive of parcel delivery company GLS – which is owned by IDS – will take charge of IDS in August [...]
Bitcoin holds firm above $30k as most large cap cryptocurrencies inch upwards July 20, 2023 Bitcoin continues to find support above $30,000 after dipping below this key level a few times in the last week.
Premier Foods has no plans for price increases as cost inflation ‘now past its peak’ July 20, 2023 Mr. Kipling maker Premier Foods said that it now believes that the recent period of significant input cost inflation has “now passed its peak”, with the group no longer planning for further price increases during the year. It comes as inflation fell to its lowest level this year of 7.9 per cent, giving shoppers hope [...]
Vistry reports 22 per cent slide in home completions as rate hikes bite July 20, 2023 Vistry Group said the number of homes it completed during the quarter was down 22 per cent compared to the same period last year, as surging mortgage rates continue to hit UK housebuilding companies. The London-listed firm blamed a “tough” economic climate for the decline, with the housebuilder completing 2,847 homes in the period down [...]
AJ Bell attracts over £1bn to bring assets under administration to ‘record high’ July 20, 2023 Retail investment platform AJ Bell saw an influx of funds which helped bring assets under administration to a record high, but inflows remained below the same period last year. In the three months to June, AJ Bell saw net inflows of £1.1bn into its platform model – which includes its direct-to-consumer platform and its advised [...]
Dunelm revenues reach £1.63bn as price cuts lure customers in July 20, 2023 Dunelm reported a revenue rise of six per cent over the past year, with the homeware retailer predicting profits to be “slightly ahead” of current market expectations. The Leicester born business said revenues reached £1.63bn in the 52 weeks to July up from £1.55bn in the same period last year. Sales growth declined -8.3 per [...]
Why Barbenheimer is actually about masculinity July 20, 2023 Both Barbie and Oppenheimer offer revealing male character studies, says Adam Bloodworth You wouldn’t think it from all the beaming photos of Margot Robbie plastered about the place, but ‘Barbenheimer’ has actually ended up sending some pretty prescient messages about masculinity, asking questions about what it’s like to be a man today. In case you’ve [...]
New sustainability reporting standards are a game changer for businesses July 20, 2023 In June, the International Sustainability Standards Board (ISSB) published its long-awaited inaugural standards for sustainability reporting. The launch of the standards is widely regarded as a hugely important milestone in the global fight against climate change. By providing a global baseline for businesses to report comparable information on sustainability issues, the new standards should make [...]
Not only does a job with the NHS provide meaningful work, but a whole host of other benefits too July 20, 2023 | Sponsored Since the NHS was founded in 1948, it has been an integral part of all of our lives. But as well as a wonderful health system, it’s a fantastic place to work: and the NHS is recruiting the next generation of inspirational staff. Working in the NHS doesn’t just give you the opportunity to do [...]
Andy Silvester on market optimism, US wages and a real-life summer thriller July 20, 2023 Bulls are not regularly seen on the streets of the Square Mile, especially recently. It has been all too easy on my recent travels to find people casting their eyes downward when asked about the City’s prospects, as if the irritatingly grey July skies are dimming optimism before the summer holidays. What’s interesting is that [...]