Publishers’ digital revenue on way up despite despite inflationary pressure December 15, 2022 Digital revenue is on the way up as recruitment sites lead the way for online growth. A new report from the Association of Online Publishers (AOP) and Deloitte found total digital revenue for the third quarter of this year was up by 2.7 per cent from last year to £153.5m. Recruitment sites continued to see the strongest [...]
JP Morgan raises China growth forecasts as country braces for Covid-19 spike December 15, 2022 JP Morgan has hiked its growth forecasts for China, after the sudden removal of its ‘zero-Covid’ laws paves the way for a brighter economy. The US bank now expects China’s gross domestic product (GDP) to grow by 30 basis points to 4.3 per cent next year. “The most important development in the past month is [...]
Lamborghini Huracan Sterrato: first look at new off-road supercar December 15, 2022 Roads? Where we're going we don't need roads... We get hands-on with the new Huracan Sterrato – the last naturally aspirated Lamborghini.
Hunt defends new electricity generator levy in Downing Street showdown December 15, 2022 Chancellor Jeremy Hunt defended the introduction of a new tax on legacy electricity generators at a Downing Street roundtable this week.
No10 confirms strike-busting bill paused as ministers look to broaden scope December 15, 2022 No10 has confirmed that its bill on guaranteeing minimum service levels during strike days is being paused as ministers look to broaden its scope. “Essentially we’ve paused that bill and are looking at adding additional measures to it to widen its scope,” said the Prime Minister’s spokesperson. “We haven’t set out exactly the scope of [...]
Biffa reverses losses as it pushes price rises onto customers December 15, 2022 Bin company Biffa has reversed its losses and grown its revenue by nearly a quarter in the past six months after increasing its prices. Group revenue is up 23 per cent to £825.6m, which the London-listed company put down to cost hikes being passed down to customers amid rising inflation in the UK. Despite inflation [...]
Hunt considers extending energy support for all businesses past March December 15, 2022 Jeremy Hunt is considering proposals to extend energy support for all businesses past March, instead of targeting a package at “vulnerable” industries. The chancellor may scrap his plan to target certain industries from April due to difficulties in getting information on sector-by-sector energy usage. The Financial Times reports that another universal support package would be [...]
Markets cooling down after yesterday’s highs December 15, 2022 The majority of the crypto market has followed Bitcoin into the red today after yesterday’s action. The Fear and Greed Index is showing a brief respite from extreme uncertainty, albeit still in Fear territory.
Train now pay later: Tui launches first fully-funded pilot training in UK December 15, 2022 Tui has launched its first fully-funded cadet training programme in the UK, accepting up to 30 aspiring pilots from September 2023. The 19-month course will be entirely paid by the holiday group, which will later reclaim costs from pilots’ salaries for the first four years of employment. The deducted pay will be at £32,867 post [...]
City of London to vote on Simpson’s Tavern ‘community value’ designation December 15, 2022 The City of London’s Policy and Resources Committee will decide whether to designate Simpson’s Tavern – the historic City bar and restaurant now threatened with closure – as an asset of community value at a meeting this afternoon. Doing so would mean the site would ensure that the local community would be given the chance [...]
