Macron: Britain bears weight of migrant drownings, not France February 2, 2022 It is Britain who bears the weight of migrant drownings in crossing the Channel, not France, president Emmanuel Macron has said. Speaking to a regional newspaper in northern France, Macron said: “The responsibility for those who die at sea does not fall upon France but upon this British refusal.” It is the latest act of [...]
Klarna clampdown? UK boss Alex Marsh says the time is right for regulation February 2, 2022 Klarna's UK boss tells Charlie Conchie why buy-now pay-later firms need regulation
Wizz Air’s passenger demand soar following restrictions easing February 2, 2022 Passenger demand of low-cost airline Wizz Air has soared following the easing of travel restrictions. In January, the Budapest-based airline carried 2.3 million passengers, a 220 per cent jump on January 2021 levels. Its load factor – which measures the percentage available seating capacity filled with passengers – has also gone up 18.6 per cent, [...]
British Land splashes £157m on London warehouses amid logistics investment boom February 2, 2022 Real estate investment firm British Land has snapped up three warehouses in Wembley as it looks to tap into soaring demand for logistics hubs across London.
Production slumps at Glencore as pandemic strains continue February 2, 2022 Mining giant Glencore reported a slump in production of coal and many of its key metals last year as the pandemic continued to restrict output across its operations.
Severn Trent’s guidance unchanged following ‘strong’ performance February 2, 2022 Water giant Severn Trent announced today its guidance to deliver ‘at least £75m’ in customer ODI rewards has remained unchanged following a ‘strong operational performance’. In the period to 2 February, the FTSE-100 firm reported that 90 per cent of its customer ODI measures remained ahead of target, including a 100 per cent registered on [...]
Strong signal: Vodafone revenue climbs to £9.7bn in latest quarter February 2, 2022 Mobile service provider Vodafone is ringing in the new year with solid results as revenues climbed four per cent in the latest quarter.
Football review MP: Transfer window shows need for reform February 2, 2022 THE MP BEHIND a wide-ranging review of football governance has said the latest transfer window has shown the need for reform of the game. Premier League clubs spent £295m in the January window, one of two across the year in which clubs can buy and sell players. But only £1m of that spending was on [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 2, 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. finnCap Group finnCap Group has posted an HR veteran to its board, who has joined as a non-executive director. Annette Andrews brings some three decades worth of experience to the role, from across Lloyd’s of London, which [...]
Activewear brand TALA raises £4.2m as it woos shoppers fed up with fast fashion February 2, 2022 Gen Z-orientated sustainable activewear brand TALA has raised £4.2m in funding with Active Partners and Venrex. Founded by social media influencer Grave Beverley, TALA aims to offer consciousness gym goers an affordable alternative to fast fashion rivals. Participants in the oversubscribed round included venture capital trust Pembroke VCT, as well as angel investors including Deciem [...]
