In the money: Moneysupermarket.com revenue swells amid travel return October 18, 2022 Price comparison platform Moneysupermarket.com has continued to see buoyant revenue after the return of summer holidays and business travel. In quarterly results on Tuesday, Moneysupermarket said recent performance had exceeded expectations and its full-year EBITDA would sit “towards the upper end of market expectations”. The London-listed company celebrated revenue of £101.9m, up one third, for [...]
Jet2 orders 35 Airbus planes for £3.4bn to meet travel demand October 18, 2022 Jet2 has ordered 35 A320 neo aircraft for $3.9bn (£3.4bn) from Airbus as it remains confident demand for package holidays will continue to surge over the next decade. The deal comes on the heels of Jet2 placing an order for 36 A321 neo last year – its first purchase from Airbus after years of loyalty [...]
Carbon capture specialist reaches deal with West Burton power station October 18, 2022 Viking CCS has agreed a partnership with independent power group West Burton Energy to capture and store emissions from its power station.
Uber Eats launch quick commerce partnership with Iceland October 18, 2022 Uber Eats has launched a new quick commerce offering this morning, trialling a new partnership with Iceland to deliver groceries across London. Following the success of rapid delivery start-ups like Gopuff, ‘Uber Eats Market’ will use Uber’s technology and Iceland’s in-store infrastructure to deliver goods in as little as 20 minutes. Over 1000 branded and [...]
City Moves: Who’s switching jobs in the Square Mile? October 18, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Knight Frank Knight Frank has poached a new head of central London property management from real estate advisory JLL. Andrew Child, who spent over 13 years at JLL, will help expand the existing central London property management [...]
Greta Thunberg: Some climate protests may do more harm than good October 18, 2022 Greta Thunberg has said the methods used by some climate activists have gone too far, suggesting they could do more harm than good for public opinion. The teenage activist said she was concerned that groups may sometimes alienate rather than drive home meaningful change when they take action. “The climate movement has a lot of [...]
Liz Truss has installed Jeremy Hunt in the driving seat and is in for a wild ride October 18, 2022 NICOLE Richie, the American reality TV star, once described getting an Uber as “going somewhere with a friend, just that friend doesn’t know you.” Last week, Liz Truss had a similar realisation as her government veered dramatically off the road.
To recreate a 1997 victory, Labour needs to find a clear path to do more – with less October 18, 2022 One of the most recent polls has put Labour 26 points ahead of the Conservatives. Even less favourable polling would still give Labour a big 1997-style landslide. In other words: great news for Labour, bad news for the Tories, with the Prime Minister already clinging to her job just five weeks in. The question for [...]
As long as the Met is unable to police itself, it shouldn’t be fit to police Londoners either October 18, 2022 With our model of policing relying heavily on public consent, confidence is everything.
Panmure eyes up merger with top rival finnCap October 17, 2022 Panmure Gordon is eyeing up a merger with its London-listed rival finnCap as the industry grapples with a deal slowdown and increased need to make savings. Investment bank Panmure, which is controlled by Bob Diamond’s Atlas Merchant Capital, is reportedly in early stage talks with the financial services firm, as first reported by Mark Kleinman [...]
