Inflation is pushing prices up – but anticompetitive cartels could be too April 5, 2022 Tough times prompt more crime. It is a truism which, as usual, contains a measure of fact. Prices have been rising for months and a spike in fuel costs worldwide has created a perfect storm for cartel activity and prompted an unprecedented reaction from the world’s leading competition agencies. One major concern is companies taking [...]
Double-digit footfall boost for London and South East as shops fear cost of living crunch will deter customers April 5, 2022 Retail footfall saw a double-digit boost last month in London and the South East, thanks to a bout of sunshine. London and the south East saw a 11.3 per cent rise in footfall to retail destinations in March. This represented footfall down 22 per cent on pre-pandemic levels. Across the UK, footfall was up 9.9 [...]
Germany resists EU ban on Russian gas as it continues to be Putin’s customer: ‘We would inflict damage on ourselves’ April 5, 2022 Germany has rejected calls for an EU embargo on Russian gas imports, despite mounting civilian deaths in Ukraine.
Is the MBA going out of fashion? It might do if it doesn’t adapt for tomorrow’s tech kids April 5, 2022 Go to business school, get an MBA and take the fast track to success in finance or consultancy. It’s been a popular route for students and employers alike for decades, and in 2021 more than half of graduates took this path. But business students have begun to shun this, as the lure of working for [...]
Russia-Ukraine war to send chill through UK economy April 5, 2022 Russia’s brutal invasion of Ukraine could leave gas prices twice as high as they would have been if the Kremlin had not sent troops into Kyiv for years to come, sending a chill through Western economies, reveals fresh forecasts published today. Energy prices may be permanently higher if the war in Ukraine drags on, adding [...]
As consumer confidence plummets, we face a cultural reckoning over British pubs April 5, 2022 In the months ahead, people across the country will be tightening their belts and doing all they can to maintain their quality of life despite rising costs all around them. So it wasn’t completely surprising when yesterday, PwC’s new consumer sentiment survey reported the steepest decline in consumer confidence since their tracking began, 14 years [...]
Zopa bank hits profitability but may push back IPO amid market turbulence April 4, 2022 Digital lender Zopa has announced it hit profitability for the first time ever last year as it eyes up a shift onto the public markets in 2022.
Regulating for a decentralised future April 4, 2022 Dr Jane Thomason draws from her experience at the recent AIBC summit to look at the latest regulatory thinking.
Channel 4 set to be privatised to remove ‘straitjacket’ of public ownership April 4, 2022 The government will push ahead with plans to privatise Channel 4 in a move it believes will allow it to compete against the streaming giants, City A.M. understands. A government source said that after a lengthy consultations ministers have decided the broadcaster is held back by the “straitjacket” of public ownership A sale, the source [...]
Industry welcomes plans to turn UK into global crypto hub April 4, 2022 The UK's crypto industry has welcomed the Treasury's plans to transform Britain into an international centre for digital assets.
