Crime in our capital city will stay high unless confidence in the Met is restored June 10, 2022 London’s Mayor Sadiq Khan warned this week that the cost-of-living crisis may lead to an increase in violent crime in the capital. Policing – like every other twenty-first century public service – is replete with numbers that measure performance. The number of police officers working on the frontline; how long it takes for the police [...]
The Oat Wars teach us that successful businesses choose cooperation over rivalry June 10, 2022 The feud between the David and Goliath of vegan oat-based products continued when last month Glebe Farm, the British independent, family-run business that grows gluten-free oats, unveiled a billboard campaign at London Victoria station to promote a major rebrand across its entire product range. One of the straplines read, “Oatly sued us. We won. Because [...]
Mayor pleads with DfT to hold urgent talks over TfL long-term funding June 10, 2022 London mayor Sadiq Khan has pleaded with the Department for Transport (DfT) to hold talks over reaching a long-term funding for the battered Transport for London (TfL). The latest funding round amounted to £200m and is set to expire on 24 June. “While we are grateful for the support you have provided to date, its [...]
UK jobs market tension shows little sign of unwinding June 10, 2022 Tension in the UK jobs market shows little sign of unwinding as employers continue to struggle to find workers amid a shallower labour pool, reveals a closely watched survey today. Vacancies edged lower in May, indicates 71 reading on KPMG and the Recruitment and Employment Confederation’s (REC) employment index. Despite falling, the reading is far [...]
Andrew Bailey’s confusion over inflation is a worrisome precedent for policy-making June 10, 2022 The Bank of England’s Monetary Policy Committee (MPC) will meet again next week to assess inflation. In the last two years the Bank’s inflation forecast has proven systematically wrong, showing a fundamental error in the models and rationale used. In a conference hosted by the Austrian national central bank last month, the Governor of the [...]
Letters: Taking care of customers June 10, 2022 [Re: No more Netflix and chill: Consumers cancel subscriptions and miss out on meals out amid historic inflation, June 7] In a week with an avalanche of new retail data, it is easy to miss the big picture. The BRC data has a clear message: online is here to stay. Hasty predictions that online would [...]
State Street denies claims it is planning to take over Credit Suisse after Swiss bank’s chief brushes aside rumours June 9, 2022 State Street today denied claims it is planning to take over Credit Suisse, after a Swiss website published a report claiming the Boston bank is planning to buy out Zurich headquartered investment bank. The denial comes after the head of Credit Suisse also brushed aside claims Credit Suisse could be bought out by Boston bank [...]
Next Fifteen sticks with final offer for M&C Saatchi takeover as battle lingers on June 9, 2022 M&C Saatchi's fate is now in the hands of its shareholders after Next Fifteen confirmed its final acquisition offer of 247.2p per M&C share.
Netflix or Spotify: Investors shouldn’t tar streamers with the same brush says US investment bank June 9, 2022 Investment bank Raymond James said music streaming is in a better position than video streaming, urging investors not to dump streaming shares too quickly. It comes after Netflix continues to ride out a rocky few months, with shares down 66 per cent in the year to date thanks to dwindling subscribers and a downbeat outlook [...]
Retailers tumble as investors fret over spending squeeze June 9, 2022 Retailers took a tumble in London today driven by investors fretting over the impact of the cost of living crunch on the sector’s bottom line. The capital’s premier FTSE 100 index slid 1.54 per cent to 7,476.21 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK [...]
