Bolt to relocate driver hub to the City as UK users hit 9 million milestone July 12, 2023 Ride-hailing platform Bolt has relocated its driver hub to a city centre location on the back of racing demand for its taxis, City A.M. has learned. Bolt told City A.M. that it has relocated the hub from Chiswick to Bermondsey due to soaring passenger demand and increase in drivers, revealing that it now has 100,000 [...]
Hunt is right to rest his hopes for growth on the City, but it will still need a helping hand July 12, 2023 Jeremy Hunt is banking on the City bailing out the UK economy - and it can if he gives it the reforms it needs, writes Michael Moore.
London business backs Gatwick’s £2.2bn second runway proposals July 11, 2023 London business groups have backed Gatwick’s proposals for a £2.2bn second runway, arguing the expansion plans would be a boon for the capital’s connectivity, jobs and trade. Last week, the West Sussex hub submitted proposals to the UK Planning Inspectorate to bring its emergency northern runway into routine use, forecasting this would create 14,000 new [...]
China is main ‘threat’ to economic security – and UK blocked EIGHT Beijing takeover bids in last year July 11, 2023 China is the biggest “state-based threat” to the UK’s economic security, deputy prime minister Oliver Dowden has said. Cabinet Office figures have revealed the government intervened in eight attempts by Chinese buyers to takeover UK firms due to national security fears in the last year. Dowden told the BBC Chinese deals posed risks due to [...]
FuturePlus report reveals sports fans divided on sustainability issues July 11, 2023 | Sponsored Research released by sustainability and ESG management and reporting platform FuturePlus and comparative text analytics software company Relative Insight reveals a sharply divided fanbase when it comes to sustainability in sports, presenting a clear challenge for sporting organisations aiming to implement an effective Environmental, Social, and Governance (ESG) strategy. The research report, “Sports fans on [...]
Revolution v Boohoo: Boss could quit to help end the battle of the brands July 11, 2023 It has been reported that the boss of troubled makeup brand Revolution Beauty, Bob Holt, may step down from to help resolve an ongoing row with its leading shareholder Boohoo. Tensions between the companies appeared to cool yesterday after Revolution said it would hold a general meeting on August 8th, which would include a resolution [...]
H&T shares up: Pawnbroker lending rockets as cash-strapped Brits sell valuables July 11, 2023 Britain’s biggest pawnbroker H&T saw its share price soar this morning, following news that lending grew 22 per cent as punters have been forced to flog off goods to secure extra funds during the cost of living crisis. Ahead of its interim results, which are due to be published in early August, H&T said that [...]
Bitcoin and Ethereum lead the way as most cryptocurrencies see green ahead of CPI figures July 11, 2023 BTC and ETH are inching upwards, both gaining more than 1% this morning, while the rest of the crypto markets reflect investor optimism.
Exclusive: ‘Draconian’ Net Zero rules will hit landlords to tune of £6,000 – but only save £36 a year July 11, 2023 Government rules which ensure housing meets net zero targets have been branded “draconian” by a landlords group, who say costs massively outweigh benefits. Under new proposals, landlords will be blocked from letting properties unless they upgrade them to meet net zero energy efficiency targets as soon as 2028. Homes will be required to have an [...]
Power of Inclusion Breakfast Discusses Social Mobility and Building Effective Networks July 11, 2023 | Sponsored On Wednesday 5th July, The Lord Mayor’s Appeal held the second in its series of Power of Inclusion Social Mobility Workshops. Kindly hosted by Janus Henderson Investors, over 60 participants gathered to discuss social mobility, exploring the value of formal and informal networks and how to build effective networks within their organisations. The workshop series [...]