L’Oreal sales jump 13.5 per cent in market beating first quarter April 19, 2022 L'Oreal has reported booming sales growth as consumers brushed off concerns about inflation and picked up luxury cosmetics.
Hospitality bosses: Government should ‘do everything possible’ to urge workers back to desks April 19, 2022 City centre business groups have called for the government to have more urgency in encouraging commuters back to offices after figures revealed low attendance numbers at government departments. There was a daily average of only one third of staff back at their desks at the Department for Business, Energy and Industrial Strategy (BEIS), in numbers [...]
UK to give more artillery to Ukraine as Russia starts new offensive April 19, 2022 The UK will give more artillery to Ukraine’s army to help them fight off Russia’s new offensive in the country’s East. Boris Johnson today said the “urgency was greater” to arm Ukraine in light of Russia’s new push in the Donbas, while adding that the war “will become an artillery conflict, they need support with [...]
Energy chiefs urge government to offer more support to households April 19, 2022 Chief executives at some of the country's biggest energy firms have called on the government to provide
Apollo chief warns peers ‘ignore blockchain at your peril’ April 19, 2022 The billionaire chief of investment giant Apollo has warned the private equity industry to ignore “blockchain at [its] peril” after the firm has thrown its weight behind the technology in recent months.
T.M. Lewin faces legal battle after workers win £439,000 employment lawsuit against collapsed firm April 19, 2022 Clothing retailer T.M. Lewin faces a lengthy legal battle over claims it was required to consult employees before firing them, after an employment tribunal told it to pay out a total of £439,000 to more than 100 of its former staff, lawyers have said. The comments come after an employment tribunal ruled that T.M. Lewin [...]
Robinhood snaps up UK crypto firm Ziglu April 19, 2022 Robinhood has inked a deal to snap up UK crypto firm Ziglu as it takes a second stab at expanding into Britain.
‘Scramble for staff’: Restaurants hike pay by double-digits in attempt to woo staff to stay April 19, 2022 Pubs and restaurants have hiked workers’ pay by an average of 11 per cent in recent months. A staffing blight continues to plague the hospitality sector, according to data from the latest CGA and Fourth’s Business Leaders’ Survey. Almost four in five businesses told the survey that they had increased wages in a bid to [...]
Powering the revolution: Does the private sector have the appetite for an energy overhaul? April 19, 2022 City A.M. looks at whether the private sector help fund the government's ambitious targets to ramp up domestic energy production.
Johnson: It ‘did not occur to me’ Downing Street birthday party was Covid breach April 19, 2022 Boris Johnson has told MPs that it “did not occur to me” that his Number 10 office birthday party was in breach of Covid rules, after receiving a police fine last week for attending the event. The Prime Minister today said “that was my mistake and I apologise for it unreservedly”, but that he now [...]