Met Police misconduct settlements double in past year October 9, 2024 The Metropolitan Police has paid out £7.6m to settle misconduct claims in the past year, over double the 2022-23 total, as the force looks to resolve hundreds of claims involving instances of wrongdoing by officers.
Thames Water creditors in talks with Ofwat for debt rescue plan October 9, 2024 A creditor group has held a meeting with water watchdog Ofwat this week, to pitch plans to keep the troubled Thames Water out of state ownership
Storm’s brewing as Tetley Tea braced for further strikes October 9, 2024 Tetley, one of the nation’s favourite tea brands, is braced for further disruption as a major row over pay continues. The GMB Union has announced 12 more strike dates which will see almost 150 workers walk out in a dispute over what it describes as “poverty pay”. The dates of the planned industrial action are [...]
Delays to investment minister appointment ‘totally ridiculous’, says former holder October 9, 2024 The government’s failure to appoint an investment minister nearly 100 days after taking power is “totally ridiculous”, the former holder of the office has said, as ministers scramble to finalise plans for their landmark investment summit next week. The Global Investment Summit, taking place in London on Monday, had been planned this year as a [...]
Stefano Cantino: Who is Gucci’s new boss tasked with turning the luxury brand around? October 9, 2024 First Mulberry, then Burberry, and now Gucci – reshuffles at the very top of luxury businesses are definitely in vogue. Gucci, owned by Kering, has announced the appointment of Stefano Cantino as its new chief executive. He will take over from interim boss Jean-Francois Palus on 1 January 2025. Much like Mulberry and Burberry’s new [...]
Keir Starmer refuses to rule out hike to employer national insurance October 9, 2024 “Increasing employer NICs would mean breaking a Labour manifesto promise, and small businesses would be rightfully outraged," Craig Beaumont, executive director at the Federation of Small Businesses (FSB) said.
Sketch: PMQs falls flat – do Sunak and Starmer not get the rules? October 9, 2024 With the Tories immersed in a leadership contest and Labour emerging from weeks of freebie headlines and internal drama, Westminster watchers will have turned to this week’s PMQs for a much needed injection of drama. Grab your popcorn, it’s box office time. Surely the acting leader of the Conservative Party could at least muster up [...]
Could Shein set its sights on Asos after putting Boohoo in the shade? October 9, 2024 The hierarchy of the UK’s fast fashion industry looks to have shifted after Shein’s UK sales eclipsed Boohoo’s for the first time. The Chinese-founded online retailer, which is on track for a bumper IPO on the London Stock Exchange, achieved a revenue of more than £1.5bn in 2023, it was revealed this week. Shein also [...]
New business partnership promises to renovate Saudi Real Estate October 9, 2024 Inside Saudi provides readers in the City and beyond with insights from Saudi Arabia, one of the fast growing markets in the world. Each week we’ll bring you exclusive interviews, news you can use and spotlight the companies making things happen in the Kingdom of Saudi Arabia. Saudi Arabia’s population is growing, and growing fast. [...]
Landlords stay put ahead of Renters’ Rights Bill October 9, 2024 Fears of a landlord exodus following the introduction of new renter-friendly legislation may be overblown, according to fresh data. The predicted rush of rental properties being put up for sale hasn’t materialised, with the number of properties on the sales market down by nearly a fifth between June and September this year, according to research [...]