The Punter Summary Podcast 15 April April 14, 2023 You can now hear all of City AM racing editor Bill Esdaile’s best weekend tips, including the Grand National, in a short summary episode of ‘The Punter Podcast’ alongside Chris Barnett. The full weekend preview is also available on the City AM website. The Punter ‘The Punter’ has been City AM’s dedicated sports betting section [...]
Explainer: Tesco needs more than cheap milk to keep loyalty in the supermarket price war with Aldi and Lidl April 14, 2023 Tesco has had a rocky week. In the midst of a cost of living crisis, remaining loyal to businesses is tough, as the nation has been forced to favour being frugal over buying name brand goods. This revelation rang all too true for Tesco on Thursday, as Britain’s biggest supermarket reported its operating profit was [...]
Twitter: Elon Musk launches new long-form platform allowing 10,000 characters April 14, 2023 Twitter has launched a new platform to support writers move from micro-blogging to longer-form pieces, with posts of 10,000 characters permitted. The Elon Musk-owned social media giant announced the launch of Twitter Write on Friday, offering “improvements to the writing and reading experience” for users. “Starting today, Twitter now supports Tweets up to 10,000 characters [...]
Brits warned of ‘Coronation inflation’ DOUBLING holiday let prices over the long weekend April 14, 2023 Thousands of tourists are expected to flock to London for May’s Coronation, prompting warnings of sky-high hotel and hospitality prices. Data published today by the rental management platform Guestready shows that the price of holiday lets for the coronation period has risen by 67 per cent year on year. Guestready’s analysis found that the average [...]
Childcare: Two in five mothers say high costs are still keeping them out of the workplace April 14, 2023 Two in five mothers feel prohibited from returning to work due to the high cost of childcare, even with Jeremy Hunt’s expanded childcare offering, a new survey of 2,000 mothers has revealed. “Nursery and childminder costs can swallow a huge chunk of new parents’ earnings, and with the current cost of living crisis squeezing every [...]
In defence of keeping the CBI alive and even expanding it April 14, 2023 After the sacking of Tony Danker, the CBI is in death throes, but we still need a place to build trust in business leaders, and we should save the principle of the Confederation of Business Industry, writes Ben Cope The Confederation of British Industry – the CBI – doesn’t have many friends right now. Rocked [...]
London Stock Exchange Group gets into crypto derivatives April 13, 2023 The London Stock Exchange Group (LSEG) is set to offer a regulated platform for trading crypto derivatives, the company announced today. LSEG said the platform would be run by LCH, its French clearing arm, and GFO-X, a marketplace for digital assets, which is regulated by the Financial Conduct Authority. Their joint venture will be called [...]
Waterloo Station: Commuters should expect ‘severe disruption’ on way home after signal failures cause havoc April 13, 2023 A ‘major’ signalling fault has caused severe train delays at the station today, which look set to continue until throughout the afternoon. Trouble began at 3am this morning, as the main power supply to the signaling system on platforms 1 to 4 failed. Angry London commuters were told by Network Rail, “do not travel to [...]
EY’s UK bosses prepare to cut costs after split plan is ditched April 13, 2023 EY’s UK bosses are reportedly discussing cost-cutting measures after the firm dropped its plan to separate its consulting and audit divisions earlier this week. EY’s global executive committee announced on Tuesday that it had ditched the plan, known as ‘Project Everest’, following opposition from its US unit. According to a recording of an internal call that [...]
Royal fever? Not quite, as Brits opt for Lanzarote over London to celebrate coronation weekend April 13, 2023 It would appear Brits are keen to escape the coronation weekend with holiday bookings surging over the bank holiday weekend, according to travel groups. Barrhead Travel reported that bookings are over 55 per cent higher for the King’s coronation bank holiday than in the same period in 2019, with Tenerife, Costa Blanca, Florida, and Canada [...]