Cranswick cooks revenue above £2bn for first time as the food firm weathers supply and labour storm May 24, 2022 UK food producer Cranswick cooked up a revenue above £2bn for the first time, with adjusted group operating margin maintained at seven per cent.
Homeserve reveals soaring revenues and profits amid £4bn takeover May 24, 2022 Homeserve has reported soaring revenues and profits as it maintains it strong pandemic-driven performance. The group is now set for a takeover.
West End landlord Shaftesbury reaps rewards of London’s exploding rents May 24, 2022 West End landlord Shaftesbury has reaped the rewards of exploding rental growth in London, as its portfolio valuation swells as the new Elizabeth line is unveiled. The real estate investment trust raked in nearly £19m in rent in the six months to 31 March, as its offices, hospitality and leisure, retail and residential portfolio increases [...]
On the Beach sales beat pre-pandemic levels as Brits grab suitcases and passports May 24, 2022 On the Beach saw sales soar in the first half of the year, up 322 per cent from 2021, and six per cent compared to pre-pandemic figures.
We must celebrate and support more women-led firms in venture capital May 24, 2022 All investors are judged on the quality of their decision-making. Where we get it right, companies thrive; where we make mistakes, the consequences are obvious. Success and failure are both easy to measure – we can be frank about what works and what doesn’t. When it comes to venture capital’s record for investing in women, [...]
The government should look beyond a windfall tax to see the merit of insulation May 24, 2022 Labour leader Keir Starmer taunted the prime minister at the dispatch box last week, gloating that a windfall tax – the flagship proposal from the opposition to cut down energy bills – was now “inevitable”. Such confidence from Starmer is not unearned, as it has been fuelled by a litany of u-turns from Boris Johnson’s [...]
London retains crown as Europe’s technology hub May 24, 2022 London has beat its rivals on the Continent to retain its crown as Europe’s most technologically advanced city, research shared with City A.M. reveals. The capital’s infrastructure, deep highly-skilled talent pool and widespread adoption of new technology led to it keeping its top spot, according to Z/Yen Group’s fifth edition of the Smart Cities Index. [...]
Only a semiconductor revolution can save the flagging British automobile industry May 24, 2022 In 1974, a failing New Mexico calculator maker took a gamble. Laden with debt after a brutal price war and a botched IPO, Micro Instrumentation and Telemetry Systems decided to enter the microcomputer market. Its offering was the Altair 8800, the first commercially successful personal computer that would spark the microcomputer revolution. Inside each device [...]
Wage pressures to persist amid tight jobs market May 24, 2022 Wage pressures emanating from the jobs market are set to persist in a sign elevated inflation may stay around for longer, reveals fresh research published today. Just over 27 per cent of workers in the UK intend to demand a pay rise from their employer over the next year, according to consultancy PwC. Brits, especially [...]
Exclusive: Politicians jeopardise tech growth with hard-line immigration policy, top tech chief warns May 24, 2022 Open immigration is critical to the success of the UK’s tech sector but politicians are being distracted by hard-line point scoring, a top tech chief has warned.
