Plastic manufacturing firm Robinson is ‘seeking substantial price increases from all customers’ March 24, 2022 Plastic manufacturer Robinson is “seeking substantial price increases from all customers” due to soaring input costs. The Chesterfield-based company took in £46m in the last 12 months, up from £37m in 2020, but its operating profit fell 56 per cent to £1.2m, from £2.7m. The company, which made a loss before tax of just £100,000, [...]
Playtech’s revenues climb thanks to Americas and B2B boom March 24, 2022 Gambling software development firm Playtech reported strong full year results this morning, with group revenue up 11 per cent to €1.21bn, driven by B2B online growth, particularly Latin America. Its strong online performance offset the impact of lockdowns and drove B2B revenue growth of 11 per cent at constant currency to €554m. Americas revenue grew 64 [...]
Next anticipates £10m hit to profit after suspending online sales to Ukraine and Russia March 24, 2022 Fashion retailer Next has lowered its profit guidance by £10m after it stopped online sales in Ukraine and Russia. The high street name also shrunk its sales guidance for the 2022/2023 year by £85m, a two per cent dip. In results published on Thursday, it anticipated its full price sales would rise five per cent [...]
Ed Warner: Does it really matter if Chelsea buyers are true Blues fans? March 24, 2022 Who are the wannabe owners of Chelsea trying to impress when they flaunt their fandom? Investment bank the Raine Group is only likely to give a jot when someone first stood in the Shed, or how long they’ve sat in the same seat in the Matthew Harding Stand, if this matters to HM Treasury. If [...]
As inflation pushes hospitality prices up, customers’ patience will also start to wane March 24, 2022 Last week I had the painful, and for many people, familiar experience of trying to contact an airline to redeem evouchers. Mine was a simple request but not one I felt an online chat would resolve. After navigating a tortuous route through a myriad of menus, I was informed that they were too busy to [...]
Ukraine forces hold off advance on outskirts of Kyiv as UK pledges more weapons March 23, 2022 Ukrainian forces fought back attempted Russian advances on the outskirts of Kyiv today as the UK promised to send more defensive weapons to the country. Kyiv mayor Vitali Klitschko said skirmishes had intensified on the outskirts of the capital, with Ukrainian forces allegedly securing “the small city of Makariv and almost all of Irpin”. Russia’s stalling [...]
Oil prices rally as Caspian pipeline problems escalate supply worries March 23, 2022 Prices on both major benchmarks jumped over five per cent amid escalating supply shortage fears following pipeline disruption.
Financial whistleblower takes UK watchdog to court over claims of unfair dismissal March 23, 2022 A former employee of the UK’s Financial Conduct Authority has claimed he was unfairly fired by the watchdog, after he raised concerns about systemic issues in the runup to the 2008 financial crisis. Former FCA risk manager Walker Sigismund told a tribunal that he was unfairly fired by the financial regulator after he filed 27 [...]
Putin pushes for rouble payments causing gas prices to spike March 23, 2022 Russia will seek payment in roubles for gas sales from “unfriendly” countries revealed President Vladimir Putin today.
Row erupts as new London arena dubbed ‘enormous glowing blight’ gets planning approval March 23, 2022 A row has erupted over a new music venue branded an “enormous glowing blight” which has now been granted planning permission. The MSG Sphere in Stratford at the site of the 2012 Olympics got approval from the London Legacy Development Corporation (LLDC) today, despite more than a thousand complaints from residents about the 21,000-seater arena. [...]
