London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Santander hands out four per cent pay rises to help 11,000 workers manage cost-of-living crunch July 19, 2022 Santander today pledged to give four per cent pay rises to all 11,000 of its workers on salaries of less than £35,000 a year. The bank said the pay rises, which will be handed out to around 60 per cent of Santander’s entire workforce, are aimed helping its staff deal with the UK’s cost-of-living crisis. [...]
Darktrace hikes profit margin forecast on bumper customer growth July 19, 2022 Cybersecurity giant Darktrace hiked its full-year profit margin forecast to 19.5 per cent today as it said it expected a surge in revenues to $417m for the year to June.
Begbies Traynor bosses expect rising insolvencies in the coming months July 19, 2022 Begbies Traynor’s revenue has jumped more than a third over the past year, as the business recovery and financial advisory firm scoops up ailing firms. Executive chairman of the London-listed group, also a property services consultancy, said a string a acquisitions and a spike in trading has lifted its financials “comfortably ahead of original market [...]
Wise reports jump in revenues as transactions hit £24.4bn July 19, 2022 UK fintech firm Wise said revenues had jumped to £185.9m in the first quarter of the year after a surge in transactions on its platform in the three months to June.
Supermarket shoppers face £454 extra to yearly grocery bill as inflation bites July 19, 2022 Shoppers are now facing a £454 increase to their annual supermarket bills, with grocery price inflation edging towards the highest level since 2008. According to the latest numbers from Kantar, grocery price inflation now sits at 9.9 per cent for the past four weeks. This marks the second highest level of inflation seen since 2008, [...]
Heatwave continues: Britain prepares for scorching temperatures as rail, retail and airports face disruption July 19, 2022 Brits are set to face temperatures of up to 41c today which is likely to be the hottest day on record. The country is struggling to cope with the extreme temperatures, with Luton Airport temporarily grounding all flights yesterday due to the heat, which melted a part of the tarmac. London’s transport network continues to [...]
Photo-Me posts ‘extremely strong’ results as Covid restrictions ease July 19, 2022 Photobooth operators Photo-Me today vowed to pay its shareholders almost £25m in the form of a special dividend after posting “extremely strong” results for the first half of 2022. The Epsom headquartered firm, that sells a range of photobooths and vending machines, said its balance sheet was bolstered by the reopening of the global economy, [...]
Lawyers circle London Metal Exchange after nickel market meltdown July 19, 2022 London Metal Exchange is preparing to fend off a bevy of legal challenges from the US after it sensationally halted nickel trading earlier this year.
Bosses weigh up closing hospitality and leisure businesses as high energy prices take their toll July 19, 2022 Companies operating within the hospitality and leisure sector are struggling to tame high energy bills, revealed eEnergy.
Exclusive: UK fintech funding bucks global slowdown to hit £7.6bn July 19, 2022 Investment into the UK’s fintech sector has jumped ahead of 2021 levels this year despite recessionary fears beginning to drag on funding in the second quarter, new figures have revealed.
