Mercedes-Benz EQS 450+ review: shock of the new March 8, 2022 Tim Pitt drives the Mercedes-Benz EQS – the electric alternative to an S-Class, with a huge 107.8kWh battery and a range of up to 453 miles.
Energy sanctions on Russia could leave Europe exposed warn analysts March 8, 2022 Analysts suggest Europe will struggle to make up the shortfall in Russian gas supplies if it rolls out energy sanctions on the country.
Wheat price rallies could hurt hospitality and cause food prices to spike warn industry leaders March 8, 2022 Hospitality and supermarkets could bear the brunt of rocketing record prices following Russia's invasion of Ukraine.
MADE.com confirms Nicola Thompson as permanent CEO as retailer sees results beaten by freight inflation March 8, 2022 Retail giant MADE.com has confirmed this morning that Nicola Thompson, the current interim CEO, is set to become the permanent CEO with immediate effect. It comes after former chief Philippe Chainieux left the post last month because of family reasons. Susanne Given, Chair of MADE, commented on Thompson’s appointment: “The Board is delighted to confirm [...]
Domino’s delivers ‘transformational year’ as profit goes up by 12.5 per cent March 8, 2022 Pizza multinational Domino’s said this morning 2021 was a “transformational year” for the company, as it reported a 12.5 per cent increase in profit. In the year ended 26 December, the group registered an 11 per cent increase in revenue, going from £505.1m to £560.8m, while its underlying EBITDA increased from £125.5m to £136.4m. Domino’s [...]
London Stock Exchange steps in and cancels trades in rebounding Polymetal International March 8, 2022 Polymetal International's rally was cut short after the London Stock Exchange cancelled key morning trades.
Robert Walters reports record profits up 265 per cent thanks to recruitment boom March 8, 2022 Recruitment group Robert Walters reported a record year this morning, with operating profit increasing by 265 per cent year-on-year to an all-time high of £54.1m. The spike was fed by fierce competition for talent and a significant wage inflation across all countries and specialist disciplines. 81 per cent of group net fee income derived from [...]
City Moves: Who’s switching jobs in the Square Mile this week? March 8, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Savills Savills has bolstered its building and project consultancy team with a new director at the firm’s Margaret Street head office. Andrew Hezelgrave brings more than 15 years of experience in the commercial property sector to the London office. Joining from Black Cat Building Consultancy, where he [...]
Editorial: An ‘off-ramp’ for Putin? West can only offer him a u-turn March 8, 2022 As Russia’s invasion of Ukraine goes ever more bloody and ever more of a military disaster for the Kremlin, it has become trendy to talk of giving Putin an “off ramp” that allows him to save face, whilst also bringing to an end the senseless murder being unleashed on Ukraine. Putin’s people themselves offered one [...]
First we need to cut fuel duty, then we must redesign our road taxes entirely March 8, 2022 In early 2011 at The Sun, I pestered the editor for long enough about rising petrol prices that he decided the newspaper should be doing something about it. A campaign to freeze fuel duty was born – with all the old-school trimmings. We even took post bags full of petitions signed by readers up Downing [...]