Could private equity be low-cost air travel’s unlikely saviour? June 15, 2023 Air fares for passengers in Europe have spiked 23 per cent over the last year, propelled by lack of competitiveness in the sector and issues regarding the supply of new aircraft from major manufacturers Boeing and Airbus. In what were well-publicised comments at the time, budget airline Ryanair’s CEO Michael O’Leary proclaimed in August that [...]
It’s no John Wick, but Extraction 2 still delivers where Extraction 2 counts – in thrills, kills and chills June 15, 2023 Action movie Extraction was a bold gamble for Netflix, which reportedly spent big on what they hoped would be their first big movie franchise. But while it boasted huge viewing figures, it’s not exactly talked about in the same breath as John Wick. Nevertheless, Chris Hemsworth is back as Tyler Rake in Extraction 2. He [...]
Cold weather weighs down ‘flattish’ sales for H&M – but Swedish chain has reasons to be cheerful June 15, 2023 Fashion chain H&M has revealed weaker-than-expected sales over the latest quarter after demand was weighed down by chilly weather. The Swedish retail giant, however, added that June trading has started well amid improving conditions, driving an increase in shares in early trading. It told investors on Thursday morning that net sales were “flattish compared with [...]
Bitcoin slips to three-month low as US considers further interest rate hikes June 15, 2023 Bitcoin dropped to March lows and was trading at just under $25k this morning, while Ethereum was down 6% over the last 24 hours.
The Flash is a fantastic blockbuster and closure to DC Universe June 15, 2023 In the spirit of the film’s theme, here’s a very quick explainer of The Flash’s offscreen origins. Producer James Gunn was recently brought in to oversee a complete reboot of the DC Universe films using The Flash’s Multiverse time travel plot to essentially start from scratch. This turning point has been hampered by star Ezra [...]
‘London buzzing’: City pub favourite Fuller’s boosted by summer drinking as workers return to office June 15, 2023 The chief executive of Fuller’s has said London is “buzzing” with activity as sunny spells and a return to office working has helped boost business trade. Simon Emeny, Fuller’s’ chief reported an increase in corporate booking across its almost 400 strong pub estate as employees returned to the office post-pandemic. The pub chain also reported [...]
Asos drive to turn “stock into cash” by buying less and flogging discounted old items June 15, 2023 Asos is buying less stock and ramping up sales of its current items in the latest efforts to boost profit, as the struggling online retailer steams ahead with its turnaround plan – posting a £20m rise in earnings. The fashion brand said it is on-track to deliver adjusted earnings before interest and taxes (EBIT) guidance [...]
The Lady Mayoress Joins City Leaders at Mansion House for the Second City Giving Day Breakfast June 15, 2023 | Sponsored The Lady Mayoress of the City of London Felicity Lyons and The Lord Mayor’s Appeal hosted City leaders and CSR professionals yesterday at Mansion House for the second annual City Giving Day breakfast. High-profile guests including Alderman Alison Gowman and Sheriff Andrew Marsden joined thought leaders from some of the City’s most prevalent companies including [...]
Why Royal Ascot should never lose its dress code June 15, 2023 Royal Ascot is encouraging attendees to “look beyond the rules” for fashion inspiration this year – but Eliot Wilson thinks a dress code fuels creativity Royal Ascot is one of the greatest glories of the Season. It is the event which has it all: royalty, tradition, glamour, fashion, money (won and lost) and the centre [...]
The Square Mile and Me with Michael Barrington-Hibbert: ‘Headhunted’ at the market stall to a love for Leadenhall June 15, 2023 Each week we ask a City figure to take a trip down memory lane. Today, it’s Michael Barrington-Hibbert, founder and CEO of executive search firm Barrington-Hibbert Associates What was your first job? When I was 13 years old, I worked at a fruit and veg stall in Wembley after school which led to me being [...]