Play by the rules: Making free trade a level playing field February 14, 2022 Two years ago in Greenwich, the Prime Minister spoke eloquently of Britain’s “re-emergence after decades of hibernation as a campaigner for global free trade”. Trade – which he described as “God’s diplomacy” – has done more than any other economic idea to raise global living standards and lift billions out of poverty. If there is [...]
Burger King UK’s owners court investors ahead of £600m float February 14, 2022 Burger King UK’s private equity owners have begun a charm offensive with investors as they look to build support to float the firm’s UK division in the first half of this year.
John Lewis turns around losses after Christmas boost February 14, 2022 John Lewis is trading in the green following strong Christmas sales which helped the group recover from heavy losses.
Redcentric looks forward after FCA prosecutes former finance chief for misleading investors February 14, 2022 IT services provider Redcentric has said it hopes to move on following the prosecution of a former top dog for misleading investors. A case led by the financial regulator culminated in the company’s former chief financial officer, Timothy Coleman, being found guilty of four charges relating to the making of false and misleading statements to [...]
Britain’s banks prepare to pay out bumper bonuses amid cost of living crisis February 14, 2022 Britain’s banks are bracing themselves for a public backlash as they prepare to dish out more than £4bn in bonuses while customers grapple with a growing cost of living crisis.
Blackrock invests in 200MW Chilean solar power plant February 14, 2022 The world's largest asset manager, Blackrock, has inked a deal with Solek to build and develop a solar power plant in Chile.
Cake decorations maker Real Good Food cites ‘severe shortages’ for dampened sales February 14, 2022 Ingredients supplier Real Good Food has blamed the Omicron Covid surge for “lower than anticipated” sales earlier this year. In results for the financial year ended 31 March 2022, the cake decorations maker said its expectations for the second-half were dashed by a sales slump. The London-based firm said its ability to fulfil customer orders [...]
Jo Whitfield’s leave from Co-op is an exercise in privilege as well as change February 14, 2022 Last week, Jo Whitfield, the head of the Co-operative Society’s food arm, announced she would be taking four months of unpaid leave later in the year to help her sons through their A-level and GCSE examinations. On the one hand, the Co-op was lauded for its progressive and flexible approach to employment, and for allowing [...]
EY to hire 1,300 new UK employees after launching climate focused EY Carbon business February 14, 2022 Big Four accountancy firm EY has set out plans to launch a new, climate-focused consultancy business which will see the firm hire 1,300 new UK employees. The auditor’s plans to launch its own ESG consultancy, EY Carbon, will see EY invest £100m, in line with plans to recruit 1,300 people over the next three years. [...]
Transport crisis: Key bus routes set to be axed as government support nears end February 14, 2022 Essential bus routes may be axed as soon as the end of this month if emergency government funding support is not extended, transport firms have warned.
