Pubs feel pinch of energy and supply chain inflation August 17, 2022 HOSPITALITY businesses renewed calls yesterday for an emergency VAT cut as the sector deals with rampant energy hikes. New research released yesterday suggested that most bars and restaurants are dealing with “significant” energy cost hikes whilst a majority are also seeing dramatic hikes in their food and drink costs. The new data, compiled by consultancy [...]
Pubs are vital parts of our community: they urgently need a tax cut August 16, 2022 If the pandemic taught us one thing, it’s that the City is far more than traders, brokers and bankers. It’s the teams who packed up a host of high-end kit on a Friday and parked it in front rooms in the Home Counties in time for Monday’s open; the insurers and the compliance bods who [...]
Frankenstella on a frightening mark in Stayers Handicap August 16, 2022 THERE are plenty of trappy looking handicaps at York over the next four days, but the best bet on the opening day could be in the Sky Bet Stayers Handicap (4.10pm). Recent Goodwood winner Master Milliner and in-form Soapy Stevens will be popular at the top of the market but I’m not sure the first [...]
Things to do in London this August, as summer’s only just getting started August 16, 2022 It’s raining and it feels like summer’s over – but trust us, August is just getting started. Get tickets to these new and unusual things to do in London this summer and remember, a third of the best season of the year still lies ahead. Prep the ice, ours is a Pimm’s. Camden Fringe Running [...]
Walmart maintains outlook for next year as profits tighten against inflationary pressures August 16, 2022 US retail giant Walmart’s profits were eaten into by inflation as it maintains its outlook for the next financial year despite revenue being up 8.4 per cent. The supermarket chain took in $152.9bn in Q2 but said this strong growth was “partially driven by inflation”, which tempered its outlook, and its profits. Its comparative sales [...]
EP: 155 York – Thursday August 16, 2022 Ladies Day on the Knavesmire sees the Group 1 Yorkshire Oaks as the feature race. On today’s podcast William Butler and Luke Morris are on hand to discuss the chances of the brilliant 5-year-old mare Alpinista as she goes in search of a fifth Group 1 victory. City AM Racing editor Bill Esdaile previews the [...]
Big Tech outlier: Apple pushes for three day return to office policy August 16, 2022 Apple has called on employees to get back into office at least three days a week as the tech giant continues to defy work from home trends that dominate Silicon Valley.
Pensions, crypto and trust: digital assets and retirement funds August 16, 2022 | City Talk Retirement planning is the primary objective of retail investors. Indeed, 47% of respondents in the 2022 CFA Institute Investor Trust Study indicated saving for retirement was their most important investment goal. Yet the conventional pathway to retirement savings — the traditional stock and bond portfolio — is not as effective as it used to be. Weaker diversification, [...]
Bitcoin price holds steady above $24k as weekend momentum stalls August 16, 2022 The price of Bitcoin (BTC) is holding flat at just above $24k this morning after losing some of the upward movement from the weekend.
Cartier owner Richemont calls for shareholders to block LVMH rival from joining board August 15, 2022 Cartier owner Richemont called for shareholders to snub the appointment of former LVMH executive Francesco Trapani to the board this morning, calling out his close connections to firm’s biggest rival. Calling him an “inappropriate” candidate, Richemont chairman Johann Rupert said in a letter to shareholders: “He is not independent, as he has a long history [...]