Banking exec: Diversity regulations could ‘dumb down’ corporate efforts already underway January 17, 2024 Tracey McDermott at Standard Chartered told the Following the Rules podcast that the regulator could run into what she called the ‘levelling up problem.’
FTSE 100 today: London markets could wrestle with recovery as global risk mood sours January 17, 2024 Amid global market volatility, Asian markets respond to a Wall Street downturn, while Nikkei reaching a 34-year high; oil prices decline due to a dollar surge and Red Sea geopolitical concerns. The greenback hits a one-month peak. China's economy outperforms expectations, while investors await crucial data on UK inflation and U.S. retail sales.
China’s 2023 odyssey: economy grows by 5.2 per cent, population declines by two million January 17, 2024 China's economy grew by 5.2% in 2023, but a 2 million population decline highlighted challenges from a slowing property market and demographic pressures.
Cutting wages is a short-sighted solution to hospitality’s woes January 17, 2024 The hospitality sector is under pressure, but foregoing fair pay is not a long-term solution, writes Andrea Rasca.
The Notebook: Davos is a three-star ski resort – but it’s a worthwhile jamboree January 17, 2024 Neil Bennett is a former City journalist and now global co-chief executive of H/Advisors, a strategic comms advisory firm. He writes for City A.M. fortnightly – this week, from Davos DAVOS gets a bad rap. Every year as World Economic Forum’s conference kicks off in that maddeningly remote, three-star ski resort, there is no shortage [...]
Rebellion seen off as Rwanda amendments fail ahead of crunch small boats vote January 16, 2024 The government has faced down a febrile rebellion over toughening up a small boats law as amendments to the Rwanda Bill failed to pass, ahead of yet another crunch vote this week.
Current VAT threshold poses threat to small business growth, FSB warns January 16, 2024 The Federation of Small Businesses (FSB) said today that an increase from £85,000 to £100,000 would be "key" to unleashing those who may be stuck in "economic firepower".
Soho’s beloved House of St Barnabas set for permanent closure with pandemic and ceiling collapse blamed January 16, 2024 The House of St Barnabas, a members' club and charity based on Soho Square, will be permanently closed according to an email sent to members today.
London Victoria: Points failure as services suspended including to Gatwick Airport January 16, 2024 Posting on X, the network said; "Disruption is expected until the end of today, engineers will go in and work to rectify the points problem."
Superdry drafts in PwC to help with debt after profit warning and sales slump January 16, 2024 Superdry has drafted in advisors to help explore its debt-raising options, following a profit-warning posted last month by the firm.
