Nearly half of all Brits fear inflation may rise more than Bank of England prediction March 9, 2022 About two-fifths of people polled recently have a more pessimistic view about rising inflation than the Bank of England, it has been revealed. Despite the Bank’s prediction of a seven per cent spike in Spring, 39 per cent of respondents to a survey by HR software provider CIPHR thought it would be eight percent or [...]
Lettings head at Foxtons joins rapidly-growing Lomond Group to lead entry into London market March 9, 2022 Ed Phillips will leave his position to become the new group CEO at the Lomond Group, as the latter builds on a busy 12 months that included 25 key acquisitions.
ITV teams up with European car seller carwow in advertising tie-up March 9, 2022 ITV has announced it is investing in a partnership with Europe’s biggest new car marketplace carwow, in return for advertising inventory across ITV’s channels and the ITV Hub.
Will the shocks of war end the global deals boom? March 9, 2022 London dealmaking showed the first strains of war this week as precision manufacturer Spectris abandoned its takeover bid for microscope-maker Oxford Instruments, citing volatility sparked by Russia’s invasion of Ukraine.
Record-breaking year for TV advertising with investment hitting £5.46bn March 9, 2022 Investment in TV advertising hit a record high last year, up £1bn to £5.46bn and exceeded pre-pandemic levels by 11 per cent. According to data from Nielsen Ad Intel, all major advertising categories increased their TV investment in 2021, with the largest increase coming from ‘online-born businesses’ – businesses that began online, with no prior [...]
Crypto exchange Coinbase blocks 25,000 Russian accounts March 8, 2022 Crypto exchange Coinbase has blocked 25,000 accounts linked to Russian individuals and businesses.
The City View: US and UK boycott Russian oil, and Susannah Streeter and Michael Hewson on inflationary pressure March 8, 2022 Today Andy Silvester sits down for a chat with Hargreaves Lansdowns’ Susannah Streeter and CMC Markets’ Michael Hewson. They discuss trading being suspended on the London Metal Exchange after a record price spike in nickel; the Bank of England assessing inflationary pressures; and a whole mélange of financial woes for Brits as energy bills, taxes, [...]
Calls to boycott Coca-Cola, PepsiCo, Pizza Hut and McDonald’s over refusal to quit Russia March 8, 2022 Major international food and drink brands including Coca-Cola, McDonalds, PepsiCo and Pizza Hut have refused to close outlets in Russia – leading to calls for boycotts from campaigners. Companies have faced mounting calls to quit selling their products in Russia following its invasion of Ukraine, as other major international brands such as Apple and Netflix [...]
Vodafone woes: Europeans competitors Orange and Masmovil gear up for megamerger March 8, 2022 Two of Europe’s biggest telecom firms Orange and Masmovil have entered into exclusive talks to combine their businesses in Spain.
Google snaps up cybersecurity firm Mandiant for £4.1bn March 8, 2022 Alphabet’s Google has snapped up cybersecurity firm Mandiant for $5.4bn (£4.1bn) in cash as the company expands its thriving cloud business. Google’s offer of $23 per share is at a premium of about 53 per cent to Mandiant’s stock price before a report that said Microsoft was eyeing a deal to buy the company, Reuters reported this morning. It [...]