Major sacrifices will have to be made for rushed Brexit trade deal, report claims January 13, 2020 Rushing a post-Brexit trade deal to meet the end-of-year deadline will require major sacrifices to be made and will leave businesses with just weeks to adapt to the new trading terms, a new report claims. The Institute for Government believes Boris Johnson and team will have to accept only “a narrow agreement” can be reached [...]
Astrazeneca takes $100m hit on failed heart disease drug tests January 13, 2020 Astrazeneca is in line for a $100m hit after a heart disease drug was shown to be ineffective in treating certain heart conditions in tests. After the disappointing results, the drug manufacturer said it would stop running trials on the drug, known as Epanova. Read more: Astrazeneca beats estimates in strong third quarter It also [...]
City Pub Group warns 2019 profit will miss expectations January 13, 2020 The City Pub Group this morning warned that 2019 profit will fall short of expectations after “one-off factors”, including political uncertainty and strikes on London commuter train services, impacted performance over the Christmas trading period. The firm’s share price fell more than eight per cent this morning after it announced that earnings before interest, tax, [...]
Savills’ sales ‘resilient’ despite Brexit and Hong Kong protests January 13, 2020 Estate agent Savills said sales were resilient last year despite political uncertainty related to Brexit, adding that the UK market picked up following Boris Johnson’s election victory. In a trading update this morning the company said full-year results will be at the upper end of expectations following an “excellent performance” in the UK, growth in [...]
Heathrow airport breaks Christmas passenger record January 13, 2020 Heathrow airport welcomed a record 80.9m passengers in 2019 to notch a ninth consecutive year of traffic growth, it revealed today. Larger and fuller aircraft pushed the passenger growth as Heathrow airport witnessed its busiest December ever, when 6.7m passengers travelled through the airport over Christmas and New Year, up 3.1 per cent compared to [...]
William Hill to beat profit expectations after strong sports betting performance January 13, 2020 William Hill announced this morning that it beat profit expectations last year due to “favourable sporting results”, as the gambling chain revealed that its finance chief is set to step down. The company said full-year adjusted operating profit for 2019 is expected to be between £143m to £148m, ahead of both market and management expectations, [...]
The sweetest thing: Ben & Jerry’s CEO on why businesses need a higher purpose January 13, 2020 What is the purpose of business? Should companies focus purely on selling their products and making money for their shareholders, or do they have a responsibility to give something back to the planet and try to do good? It’s a pertinent question, and one that has become increasingly relevant over the last decade. Nor is [...]
How to quit your job with royal grace like Harry and Meghan January 13, 2020 We can all sympathise with Harry and Meghan’s predicament. You take a nice long break over the Christmas period, perhaps squeeze in a few days abroad and enjoy some long walks at one with nature. The fresh air clears your head (or maybe it was that extra glass of prosecco?) and you realise that you’ve [...]
DEBATE: Is there any real benefit to food brands jumping on Veganuary? January 13, 2020 From Greggs to Burger King, the ‘Veganuary’ movement is quickly gaining members — but is there any real benefit to food brands that jump on the plant-based bandwagon? YES, says Mike Foster, founder and creative director of Straight Forward Design. Just ask Greggs. Its vegan sausage roll, launched during Veganuary 2019, is the bakery chain’s biggest [...]
Founders need the stamina to run a marathon, not a sprint January 13, 2020 Who’d have thought it? Turns out that marathons are good for you. New research last week revealed that one of the best ways to reduce your cardiovascular age is to get your jogging shoes on and complete the mammoth test of endurance. This comes despite years of expert warnings that this type of exercise was [...]