Christmas chaos as Heathrow inaccessible via Tube or rail November 16, 2021 Passengers will have to take the car if they want to go to Heathrow on Christmas and Boxing Day. Network Rail and Transport for London (TfL) will be in fact carrying out works on the railway network and Tube services to the airport, MyLondon reported. Network Rail will be carrying out signalling and HS2 work [...]
Covid deaths jump 16 per cent in England and Wales: Highest number since early March November 16, 2021 The Office for National Statistics said this morning that there were a total of 995 Covid-related deaths registered in England and Wales in the week ending November 5. This is up 16 per cent on the previous week and is the highest number since the week to March 12. Around one in 12 (8.6 per [...]
Virgin Mobile ranked the most complained-about operator according to Ofcom November 16, 2021 Virgin Mobile was the most complained-about mobile operator, along with Three and Vodafone; while Tesco Mobile, BT Mobile, Sky Mobile, EE and O2 were all tied as least complained-about operators according to new Ofcom data.
Wagamama owner hikes full-year estimates after sales surge November 16, 2021 Wagamama’s owner has upgraded its estimates for the financial year, forecasting adjusted EBITDA of up to £79m. In a trading update published on Tuesday morning, The Restaurant Group said its venues had traded well with like-for-like sales outperforming the market. There had been strong sales across the Wagamama brand, as well as its pubs and [...]
City bets on Bank of England rate hike ramp up again after strong jobs figures November 16, 2021 City bets on the Bank of England hiking interest rates soon are ramping up once again after fresh jobless data showed the worst effects of the end of the furlough scheme have been largely avoided. The Old Lady will turn the dial at its next meeting in December due to the labour market looking less [...]
Imperial Brands announces strong results for ‘building foundations for future growth’ November 16, 2021 Tobacco giant Imperial Brands announces "important progress and significant change" with full year results.
Back in black: Bluewater owner Landsec swings to £275m half-year profit November 16, 2021 Bluewater shopping centre owner Land Securities has revealed it swung to a half-year profit as the retail sector bounces back and workers return to offices thanks to the lifting of pandemic restrictions. The group, also known as Landsec, posted a pre-tax profit of £275m for the six months to September 30, against losses of £835m [...]
Landlords hiking rents at fastest pace since 2008 as demand for housing in London shoots up November 16, 2021 Private sector rents in September were 4.6 per cent higher than a year earlier at £968 per month on average, marking the strongest growth in 13 years. The fastest rice since 2008 comes as strong demand outstrips supply, according to an index. Excluding London, rents across the UK were up by 6 per cent annually, [...]
Big Four accountants warned by regulator to improve audits November 16, 2021 The head of the UK accounting watchdog has told the Big Four audit firms they need to run their own businesses better, before advising other companies, according to reports. Sir Jon Thompson, chief executive of the Financial Reporting Council (FRC) made his remarks ahead of the regulator’s launch today of its first guide for accountants [...]
MusicMagpie hires new chief finance officer following London float November 16, 2021 Recommerce business musicMagpie recruits Matthew Fowler as new executive director and chief financial officer, following Ian Storey’s promotion to chief operating officer at the time of the IPO of the group.