UK risks falling behind US and EU in green energy race, warn MPs February 22, 2023 MPs are piling pressure on the government to compete with rival markets for green energy investment, such as the US and EU.
Wizz Air named worst short-haul airline by UK passengers February 22, 2023 Wizz Air has been named the worst short-haul airline by UK passengers. Passengers surveyed by consumer group Which? gave the Hungary-based carrier one star out of five for boarding experience, cabin environment and seat comfort. The budget airline’s seat pitch – the difference between two rows in standard economy – is 28 inches, some two inches smaller [...]
Growing ‘valley of death’ funding gap could scupper UK tech ambitions, industry bosses warn February 22, 2023 A growing ‘valley of death’ funding gap facing the UK’s tech sector could scupper the government’s Silicon Valley ambitions as firms struggle to raise cash and fuel growth, tech investors have warned. Venture capital funding into the UK faltered last year amid a global slowdown as soaring inflation and market volatility caused investors to pull [...]
Britain’s out-of-touch police need an information system that wasn’t alive in the 1970s February 22, 2023 The police are doing the best they can - but it won't be enough as long as they're obliged to operate with an information system that's completely outdated, writes Rosie Beacon
Yoga for the many? Offering prices at a sliding scale relies on trust for profits February 22, 2023 Big pharma, hardly a stalwart of social equity, has been offering sliding scale payment for years and now purpose-driven businesses are trying to prove goodwill can pay the bills, writes Sascha O’Sullivan
Sports clubs defy the normal rules of markets and won’t bend to a football watchdog February 22, 2023 Popularity of sports club is driven by their performance on the field, not by their financials. The very best efforts of a football regulator wouldn’t be able to change the way cultural markets work, writes Paul Ormerod.
Record 150,000 new firms founded by women last year, Natwest report reveals February 22, 2023 A record 150,000 new firms were founded by women last year, according to a major review by Natwest chief executive Dame Alison Rose. New figures outlined in the Rose Review Progress Report for 2022 show female entrepreneurs started twice as many companies last year as they did in 2018, despite the challenging economic environment. There [...]
Zalando forced to axe jobs as retailer admits it expanded ‘too much’ February 21, 2023 The German-based group, which sells a range of brands such as adidas and Nike, said it had expanded some parts of its company “too much”.
Migration Museum gets new home in Square Mile as refugee developer stumps up 60-years rent-free space February 21, 2023 A multi-million pound development in the Square Mile will give a new home to the Migration Museum and provide hundreds of affordable apartments. 65 Crutched Friars near Tower Hill will be transformed into a 21-storey state-of-the-art site and has been granted 60-years rent-free space by the developer. Dubbed “Britain’s gateway to the world for thousands [...]
Shareholder spat at The Restaurant Group hots up as investors demand improvement February 21, 2023 The Restaurant Group (TRG) came under increasing pressure today after its second largest shareholder, Oasis, doubled down on its demands to immediately improve the firm’s struggling share price. Oasis, which has a 6.5 per cent stake in TRG, has argued that the chain needed an “immediate” change of governance because it had “one of the [...]