Post-Brexit deal with India could be derailed over Braverman’s ‘disrespectful’ migrant comments October 12, 2022 Home Secretary Suella Braverman’s claim that Indian migrants are the largest group who “overstay” their welcome in the UK could derail Britain’s post-Brexit trade deal with New Delhi. Indian ministers are said to be furious with her remarks as the agreement is reportedly “on the verge of collapse”. She aired concerns about the deal last [...]
Rees-Mogg: Bank’s tame rate hike could have sparked pension crisis October 12, 2022 Jacob Rees-Mogg looked to shift the blame of the pensions crisis onto the Bank of England this morning as he claimed it could have been sparked by Threadneedle Street’s failure to hike interest rates more aggressively.
Netflix and counted: Streaming giant agrees for UK TV agency to measure audience October 12, 2022 Viewers will finally be able to get a glimpse into how many people are watching Netflix, with the US streaming giant set to join external TV ratings agency Barb (Broadcasters’ Audience Research Board). From November, viewing figures for the streaming giant will be reported by the organisation, which compiles audience measurement and TV ratings in [...]
Qinetiq doubles down on profit targets despite ‘challenging’ environment October 12, 2022 Defence giant Qinetiq doubled down on its profits targets today after locking in £800m orders in the first half of the year despite a “challenging” economic environment,
Darktrace backs revenue guidance despite currency turbulence October 12, 2022 LONDON’s tech darling Darktrace maintained its full year expectations for revenue growth this morning despite showing anxiety about the ongoing strength of the dollar. The cybersecurity company said it backed full year 2023 year-over-year revenue growth of between 30 per cent and 33 per cent, but would continue to monitor foreign exchange rates and “their [...]
PageGroup warns of slowdown as profits hit £270.5m October 12, 2022 Recruitment giant PageGroup warned it had seen a "slight softening" in employers' confidence today as it reported a 14 per cent jump in profits the third quarter of the year.
Housebuilder Barratt warns volatility is clouding outlook October 12, 2022 Housebuilder Barratt Developments warned that economic volatility was clouding the picture for the year ahead today but doubled down on profit targets for the remainder of the year.
Exclusive: Ex Tory chair Baroness Warsi says PM Liz Truss should call a General Election October 12, 2022 A former chair of the Conservative Party has said Prime Minister Liz Truss should call a General Election. Speaking exclusively to City A.M., Baroness Sayeeda Warsi said prime minister Liz Truss either “had to just carry on with the 2019 manifesto – or go to the electorate” upon entering Number 10. “Because neither of those [...]
Hostelworld bookings continue to drag behind pre-pandemic levels October 12, 2022 Hostelworld said despite the continuing recovery of Asia and Oceania, bookings were still dragging behind pre-pandemic levels. In a trading update, the travel firm said September reached 83 per cent of 2019 levels, which was up from 43 per cent in June. However, net revenue last month reached 104 per cent of 2019 levels, reflecting [...]
‘Not a dark kitchen’: Taster to launch two pasta delivery sites a month with Jamie Oliver October 12, 2022 The founder of food delivery start-up Taster has said the firm wants to differentiate itself from dark kitchens, as it aims to roll out two new sites per month for its new pasta brand with celebrity chef Jamie Oliver. Taster hopes to take the Jamie Oliver collaboration “very far” and turn it into the “biggest [...]
