London workers brave rail strikes and head back to office – but are ‘exception to the rule’ of WFH trend July 21, 2023 Strikes are failing to deter London workers from heading back into the office, with the capital one of only three UK cities to see growth in commuter numbers over the last quarter. As the summer months kicked in, the number of Londoners heading into the office fell significantly across the board, data from Virgin Media’s [...]
THG offloads loss-making divisions in bid to streamline as share price slumps July 21, 2023 THG has offloaded its OnDemand business to the division’s management team as the online retailer steams ahead with plans to streamline its operations. The brand which included entertainment retailer Zavi and gadget and toy retailer I Want One of Those – was bought by the groups management team and has also received extra funding from [...]
It’s still a tall order for the Conservatives to take an electoral sweep of London July 21, 2023 Uxbridge voters found something they disliked more than the Conservatives - ULEZ.
Glencore: Copper, zinc, lead and nickel output slides but trading profits to top £3bn July 21, 2023 Glencore saw its output in copper, zinc, lead and nickel dip this morning as it struggled with a downturn in production but said it expects to exceed its long-term annual guidance – with trading profits reaching as high $4 (£3.1bn). The commodity giant said the half-year results were in line with expectations, with its full [...]
Summer deals help bump retail sales as growth falls at slowest rate in a year July 21, 2023 Retail sales grew by 0.7 per cent in June 2023 with increases across all the main sectors, as warmer weather and a greater selection increased consumer spending. During the month, non-food stores sales volumes rose slightly by 1.0 per cent in June 2023, following a fall of 0.5 per cent in May 2023, according to [...]
UK borrowing falls as debt pile revised to under 100 per cent of economy July 21, 2023 The Government’s debt pile was bigger than the country’s economic output in June – the first time this has happened for more than 60 years, official data shows. Public sector net borrowing hit £18.5 billion last month, down from £20 billion a month earlier, the Office for National Statistics (ONS) said. It pushed the total [...]
You win some, ULEZ some: A mixed bag of by-election results but what does it all mean? July 21, 2023 Well, it was quite a night. Three by-elections, three very different constituencies, and – at face value at least – something for everyone. If you’re catching up now, the headlines are: Rishi Sunak dodges a triple defeat, as the Tory Party held onto Uxbridge, while Labour won big in Selby and the Lib Dems took [...]
Double loss for Tories in Selby and Somerton as Sunak gets kicking July 21, 2023 Rishi Sunak has suffered a double defeat, losing Selby and Ainsty to Labour in a historic victory as the Liberal Democrats took Somerton and Froome. The Conservatives held on the west London seat of Uxbridge and South Ruislip – by fewer than 500 votes – but former prime minister Boris Johnson’s 7,210 majority was decimated. [...]
Uxbridge by-election: Tories hold Boris Johnson’s old seat as Labour blame Sadiq Khan’s ULEZ expansion July 21, 2023 The Conservatives have held onto Boris Johnson’s former seat of Uxbridge and South Ruislip as Labour blame Sadiq Khan’s ULEZ expansion policy for the loss. Tory councillor and former postman Steve Tuckwell won the west London constituency with 13,965 votes – beating Labour’s Danny Beales, on 13,470. Sir Keir Starmer’s party had hoped to overturn [...]
As posties strike ends, is Royal Mail’s parent still keen on splitting the business? July 21, 2023 Following the appointment of Martin Seidenberg to the top job at Royal Mail’s parent company, International Distribution Services (IDS) on Thursday, the company’s next moves could be crucial in determining the future direction of Royal Mail, analysts have said. In his speech to the AGM on Thursday, IDS chairman Keith Williams said until it sees [...]
