Explainer-in-brief: Just Stop… Sunflower Oil? October 17, 2022 The environmental protesters at Just Stop Oil reached the highest level of creativity last week by taking their cause to the art world. They threw soup over Vincent Van Gogh’s acclaimed “Sunflowers” painting in the National Gallery and then glued themselves to the wall. “What is worth more, art or life? … Are you more [...]
Exclusive: Over 50,000 small businesses in London collapse as SME bloodbath rages October 17, 2022 Swelling energy bills and a softening UK economy have sparked a surge in small business closures in London, exclusive figures shared with City A.M. reveal. The number of SMEs that have disappeared in the capital swelled to 53,880 this year, up sharply from 37,350 in 2017, according to analysis of Office for National Statistics figures [...]
Met chief vows to ‘confront culture’ that allowed corrupt officers to remain in ranks October 17, 2022 Met Commissioner Sir Mark Rowley has vowed to “confront the culture, systems and leadership that have let down the public and staff alike” following a damning report by Baroness Louise Casey. In her review – which was published interim today before final publication in the spring – Baroness Casey reported that hundreds of corrupt police [...]
All the world’s a circus and Donald Trump front and centre again won’t help us October 17, 2022 To haul him in to answer questions is to play into Trump’s game.
On the Beach promotes marketing chief to executive director October 17, 2022 On the Beach has promoted chief marketing officer Zoe Harris to executive director with immediate effect. Harris joined the beach holiday retailer in early 2021, after holding top positions at the likes of GoCo Group, which provides online comparison and information services, and newspaper powerhouse Reach. She was credited for introducing the provision of free [...]
Made.com receives non-binding proposals in rescue sale talks October 17, 2022 Made has said it has recieved “a number of” non-binding indicative proposals, as the online homeware retailer searches for a buyer amid tumbling sales. After reviewing the proposals, the board has invited” a select number of parties” to progress towards firm offers by the end of October, following a due diligence process, Made said on [...]
Audioboom rakes in £50m in third quarter as advertising revenue perks up October 17, 2022 Podcast giant Audioboom has announced it took in £50m up until September, a 44 per cent increase on last year. The firm said quarterly revenue was however down from £15m to £14.3m as a tough economic climate continued to impact its intake. A boost in advertising revenue of £68m in 2022 so far has helped [...]
Wealth manager Hargreaves Lansdown launches hunt for new CEO October 17, 2022 Hargreaves Lansdown has announced it is now scouting for a new chief, as CEO Chris Hill retires from the wealth manager after six years at the helm. He leaves the group as it hikes its full-year revenue and cash margins for next year, after banking 17,000 new clients and some £700m in new business in [...]
Global Ports expects 2023 passenger volumes above pre-pandemic levels October 17, 2022 Global Ports is expecting 11 million passengers to embark on its cruises next year, well above pre-pandemic levels. The cruise port operator announced today it was expecting 4,538 cruise call reservations from January to December 2023, 26 per cent up on pre-pandemic levels. The company – which has a presence in the Mediterranean as well [...]
Hunt to make statement on fiscal plan TODAY in bid to calm markets October 17, 2022 Jeremy Hunt will make an announcement today in Parliament about the government’s so-called Medium-Term Fiscal Plan. The chancellor’s statement is a bid to calm the markets, bringing forward the details of the now much-derided mini-budget, outlined by his predecessor. Hunt will issue his plans later today and also speak in the House of Commons this afternoon. [...]
