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 [...]
The Square Mile and Me: Dan Howe on the Jugged Hare and his first IPO celebration April 13, 2023 Where we ask the big questions of the City’s big names. This week, Janus Henderson’s head of investment trusts Dan Howe tells us about the Jugged Hare and his first IPO celebration What was your first job?I had the dream first job – as a lifelong watersports enthusiast, my first job was driving the chase [...]
‘We don’t need Harry Potter reboot’: Fans condemn new Harry Potter TV series with JK Rowling April 13, 2023 Fans and television critics have been criticising the new Harry Potter TV series, with many calling out JK Rowling’s involvement following her controversial stance on transgender people. It was confirmed last night that a new TV series by Max – formerly HBO Max – will begin production, with Rowling, the original writer of the books, [...]
EP: 195 Aintree – Friday April 13, 2023 Day two of Aintree’s Grand National Festival sees the famous fences in action for the exciting 2 Mile 5 Furlong Topham Chase, run alongside four Grade 1 races which include the Melling Chase and the Novices’ Hurdle where the Pay The Bill syndicate’s Rare Edition is due to return to the track under champion jockey [...]