Firm behind loyalty schemes for Pret A Manger, Asda and Pizza Express recovers from pandemic March 16, 2022 The marketing firm behind loyalty schemes for brands such as Asda, Pret A Manger and Pizza Express is back in the black after a small pandemic loss. Eagle Eye Solutions, which manages schemes for major chains through coupons,, subscriptions and gift services, announced its half-year figures up to January, with £600,000 in profit, after a [...]
Fuel exploration firm Pharos’ profits rise as new chief executive announced and Egypt deals near March 16, 2022 Gas and oil exploration firm Pharos Energy experienced increased profits and revenue last year, as it appointed a new chief executive to coincide with deals for two major Egyptian concessions. The London-based company had an operating profit of £48.3m (£37.3m) in 2021 according to its preliminary results, following a pandemic loss of $231.3m (£177m) the [...]
Centaur media’s earnings spike by 68 per cent in pandemic bounce back March 16, 2022 Marketing firm Centaur bounced back from pandemic difficulties with a 68 per cent spike in earnings. The London-based company increased its revenue from £32.4m in 2020 to £39.1m in the last 12 months, representing a more than 20 per cent increase. Its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortisation) spiked to nearly £6.5m, [...]
Retail and construction insolvencies soar against backdrop of supply chain pressures and war in Ukraine March 15, 2022 Soaring material costs have led to a steep rise in insolvencies in the retail and construction industries of almost 50 per cent. The war in Ukraine and its impact on rising fuel prices, brought concerns over supply chains pressures into sharp focus this week, new research from tax and audit specialists Mazars has shown. During [...]
Spain seizes Russian oligarch’s £107m superyacht March 15, 2022 A $140m (£107m) superyacht owned by Russian oligarch Sergei Chemezov has been taken by Spanish authorities. The vessel’s seizure was announced by its Prime Minister Pedro Sanchez, who said “there will be more” to come, with two yachts docked in Barcelona owned by non-sanctioned oligarchs, being monitored. Luxury boats linked to Russian oligarchs have been [...]
Justice in Russia: Journalist who crashed country’s state news show dragged to court the day after March 15, 2022 A Russian journalist who interrupted a state broadcast with a sign saying it was “lying” about the war in Ukraine, has now appeared in court the following day. Lawyers for Marina Ovsyannikova accompanied her to court, after saying she had been “imprisoned for more than 12 hours” with no contact. Ovsyannikova was detained after the [...]
Nearly a quarter of working Brits considering retirement due to pandemic stresses March 15, 2022 Almost a quarter of working Brits are considering retirement as a result of the pandemic, while seven out of 10 would be fine with less social interaction. The toll of restrictions on people’s wellbeing is causing thousands to reconsider career paths in a bid to reduce stress and anxiety. A monthly mental health index published [...]
Metaverse switch: Young people jump ship from Facebook and embrace virtual reality platform March 15, 2022 The metaverse could become a mainstream way to make friends and even date, with nearly a fifth of young people ready to ditch more conventional social media platforms. With more than a tenth having already made their own metaverse avatar, data from Zen Internet highlighted that 18 per cent of 16-24 year olds are already [...]
Hard to Believe: Music giant which worked with Slayer and Björk will keep operating in Russia, and advises artists how to get around ban March 15, 2022 A French music giant has vowed to continue its operations in Russia, and even advised its partners how to work around sanctions. The ‘Believe’ group, which has worked with acts including Björk and Slayer, also has a UK arm, reportedly sent a newsletter last week to its partners in Russia, according to The Guardian, which [...]
New Zealand halves public transport fares amid soaring inflation, fuel prices March 15, 2022 New Zealand has halved prices for public transport in response to soaring fuel costs sparked by the war in Ukraine. Its Prime Minister Jacinda Ardern made the call saying the “global energy crisis has quickly become acute”. However, her government has been criticised for the rising cost of living even before the war started, with [...]
