Ocado shares plummet 10 per cent as investors show anxiety towards ‘resilient’ growth February 8, 2022 Ocado’s shares are taking a beating this afternoon, with investors appearing unimpressed by group revenue and international expansion. Despite the online retailer reporting that group revenue was up 7.2 per cent to £2.5bn for the full year, shares plummeted as much as ten per cent this morning. It comes after Ocado, which is a 50:50 [...]
One Shot film review: Single take movie is a violent action curio February 8, 2022 Scott Adkins, undisputed king of the On Demand action movie, saves the free world once again in ‘single take’ action thriller One Shot. He plays Jake Harris, a Navy SEAL leading an elite team to a prison island where terrorists are being held. His mission is to escort government analyst Zoe Anderson (Ashley Greene) and [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 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. Hilton Hiltonhas appointed a travel industry veteran to take on the role of vice president of focused service operations across Europe, the Middle East and Africa (EMEA). Pauline Wilson, who brings more than 25 years of experience to [...]
Biden: Nord Stream 2 pipeline will be halted if Russia invades Ukraine February 8, 2022 The Nord Stream 2 gas pipeline will be halted if Russia invades Ukraine, announced US president Joe Biden yesterday.
There is a light at the end of the London underground if we fight for its funding February 8, 2022 Last week, Transport for London was given another short extension on its emergency funding deal. This is hardly anything except another sticking plaster solution, stretched out a little longer, rather than a long-term programme to invest in London’s transport system. This came the same week that TfL issued a budget update setting out a potentially [...]
The unofficial economy of gossip has always been a powerful lure of the City February 8, 2022 The City has weathered an almighty storm over the last two years. And yet, there is still a strong appetite for people to come back to their offices even in the midst of so much uncertainty. The pros and cons of home working, hybrid and the office have been discussed at length. It has become [...]
Time for a plan for growth, not endless Westminster tittle-tattle February 8, 2022 In the grand scheme of political endorsements, “not a complete clown” sits somewhere between Lyndon B. Johnson describing President Gerald Ford as a nice guy who played too much American football without a helmet on and Churchill describing Clement Attlee as a sheep in sheep’s clothing. What makes it unusual is that the man offering [...]
Shunting civil servants around the UK will never deliver what enterprise can February 8, 2022 You campaign in poetry. You govern in prose. Advice from the past that seems pertinent to a government committing levelling up into law. What was a slogan is now “12 national missions” published in a white paper last week, to provide a central mission for government to deliver economic parity to all regions of the [...]
Cost of living crunch already hitting consumer spending even before inflation peaks February 8, 2022 The cost of living crunch is prompting Britons to rein in spending even before inflation reaches its expected summit this spring, reveals new research published today. An erosion in household budgets triggered by inflation hitting its highest level in nearly three decades weighed on consumer spending last month, according to figures from Barclaycard. UK spending [...]
Selina Advance scoops up $150m funding to roll out home equity lending February 8, 2022 London-based fintech firm Selina Advance has scooped up $150m funding as it looks to roll out home equity lending products to customers across the UK.
