The Gym Group’s chair of directors will retire with its founder taking over the role July 25, 2022 Chair of directors for low cost exercise giant the Gym Group has announced she is retiring, having been at the helm since its IPO in 2015. Penny Hughes will step down as the chair of The Gym Group board of directors today, with founder and director John Treharne taking over the role. During her time [...]
Naked Wines’ CFO departs role immediately after wine seller’s gloomy sales forecast July 25, 2022 Naked Wines has said its chief financial officer has left his position immediately by mutual agreement, following a bleak sales forecast from the online wine seller. The London-listed company said Shawn Tabak, who held the position of director as well as the top finance job, departed his roles last week on 22 July. Former CFO [...]
UK saves the day for Vodafone as German market falters once again July 25, 2022 Vodafone posted a further revenue dip in its largest market Germany this quarter thanks to regulation woes.
Office attendance continues to climb – and it helps if you’ve got a Pret nearby July 25, 2022 Office attendance is up by a third compared to January, new data from workplace provider IWG shows. The group also said its data contained evidence that having a branch of Pret a Manger nearby might boost attendance at work. The group said that there had been major hikes in visits to its office and co-working [...]
Week ahead: Banks to report amid high inflation and interest rate fears July 25, 2022 Customer behaviour and cost control are set to be top of the in-tray for the major banks as they update investors over the next week. Barclays, Lloyds and NatWest are all set to update the markets in a bumper week for the sector. Although priorities will vary slightly, there will be significant focus on whether [...]
Truss and Sunak have gone astray as they fight for Thatcher’s legacy July 25, 2022 Liz Truss and Rishi Sunak will be glad the hottest day of the heatwave is over, because for the Conservative party it will be a long summer of heavy slog. As the final two candidates battle it out to claim the leadership they will criss-cross the UK for hustings in front of party members before [...]
As Westminster decides on its plan for growth, the City is ready to flex its potential July 25, 2022 The initial Conservative leadership debates were scattergun, trying to cover a broad range of social issues. But now we have two candidates, it has boiled down to one single issue: the economy. As we’re plagued with rising inflation and strikes disrupting our day-to-day lives, our future plan for growth is urgent, for the private sector, [...]
Travel chaos: Two in five airport workers have considered quitting July 25, 2022 More than two in five airport workers are considering leaving the industry, new research suggests. A survey of 1,700 workers by jobs site CV-Library found reasons for wanting to quit included wanting better pay and less stress. Only 5% of respondents blamed the current situation at UK airports, where there have been long delays in [...]
Energy efficiency can combat Putin’s political pull over gas July 25, 2022 In the past few weeks, Vladimir Putin has significantly reduced gas supplies to European countries, cementing the fact that Europe should begin preparations for a complete cut off from Russian gas. In response, European countries are taking emergency measures, such as firing up old coal-fired power stations. While some leaders might try to justify these [...]
Letters: Data-first green plans July 25, 2022 [RE: ESG faces reckoning after being ‘hijacked’ by marketeers, EY sustainability chief warns] ESG faces reputational risk, following several cases of marketers making unsubstantiated claims. But most organisations truly want to do good. The problem isn’t just deceptive markets, it’s companies lacking the data tools. It’s not hijacking, it’s inability. Take third-party ESG ratings. One [...]
