Revenue surges for Marie Claire publisher Future thanks to £400m acquisitions and content expansion May 18, 2022 The media group behind TechRadar and Marie Claire Future reported half year revenue up was up 48 per cent to £404.3m thanks to the company's push to diversify revenue streams.
TBC Bank’s profits soar as Georgia’s economy booms May 18, 2022 Georgia’s TBC Bank today said its pre-tax profits are up 45.8 per cent on last year on the back of fast paced growth in the Georgian economy. The FTSE 250 bank said Georgia’s economy had rebounded quickly from the pandemic to achieve annual growth of 10.4 per cent in 2021 following a 6.8 per cent [...]
Liz Truss plays down calls for windfall tax May 18, 2022 Foreign secretary Liz Truss has played down calls for a windfall tax on energy firms, saying “we need to attract investment”, and a tax would be a deterrent. Speaking on Sky News this morning, she appeared to be at odds with calls made by the Chancellor Rishi Sunak yesterday, who said nothing was off the [...]
Experian posts ‘very good year’ with revenue and profits booming for credit reporting firm May 18, 2022 Credit reporting firm Experian reported a strong full year this morning with revenue up 17 per cent at $6.3bn.
Billions of pounds of taxpayer cash will be lost due to covid support scramble, MPs warn May 18, 2022 Billions of pounds of taxpayers’ money will be “lost to fraud and error” in the government’s scramble to dish out cash via covid business support schemes, the public accounts committee has warned today.
Early-stage venture capital stays resilient as headwinds batter public tech stocks May 18, 2022 Early-stage venture capital firms are doubling down on investments in 2022 despite a sell-off frenzy in public tech stocks and growing scepticism of growth-focused tech valuations.
Windfall tax not ruled out as Sunak urges energy giants to invest in UK energy sector May 18, 2022 Chancellor Rishi Sunak refused to rule out a windfall tax on energy companies yesterday, warning that “no option is off the table."
Cars should be banned from parking on pavement because of ‘discriminatory’ impact May 18, 2022 Cars should be banned from parking on the pavement because of the “discriminatory impact” the practice has on people, according to a report published today. Commissioned by sustainable transport charity Sustrans, the study highlights that people are put off walking because of the large amounts of cars parked on the pavement. Around 70 per cent [...]
Uber’s Jamie Heywood steps down as Northern Europe regional manager May 17, 2022 Uber’s Jamie Heywood announced he was stepping down as the company’s regional general manager for Northern Europe after four years in the job. Heywood said he would leave the company next month to work on a book project, according to a memo seen by Sky News. The executive added that he was leaving Uber’s UK [...]
Hungary names its price as country holds fresh talks with EU over Russian oil ban May 17, 2022 Europe's game of energy brinkmanship continued today, with the EU holding talks with Hungary over financial support to back a Russian oil ban.