IT consultant ordered to pay £50,000 after being accused of stealing Soho House members’ personal details
As Moscow muscles in on Ukraine, Russian money still poisons our shores January 28, 2022 It is on the borders that you see the threads coming apart. In Ukraine and Bosnia the danger unravelling in Europe feels urgent as agreements that have kept us safe and peaceful are being challenged. With 100,000 Russian troops massed on the border it’s easy to focus on them, but it’s not just tanks that [...]
The entrepreneurial spirit inspired by the pandemic will future-proof our economy January 28, 2022 It is considered almost universally true that “business hates uncertainty”. A lack of predictability stifles investment, scares off backers and gives business owners sleepless nights – but it also gives oxygen to creativity. During the worst of this crisis, while established businesses scrambled to minimise disruption, entrepreneurs went looking for opportunity. A new world emerged, [...]
UK tech jobs soar at record pace January 28, 2022 New data released today reveals that tech sector roles are growing at the fastest rate ever as firms gear up for a strong 2022.
Complacent monetary policy has driven an inflation crisis, not businesses’ price hikes January 28, 2022 Inflation hit 5.4 per cent in December, its highest level since 1992. It is widely expected to reach seven per cent in the next few months – it has already reached that level in the US. There are several reasons why inflation has raised its ugly head again. Demand for gas and oil has outstripped [...]
Could we see a meme stock repeat? January 28, 2022 For the retail investors at the heart of it, the so-called meme stock surge last January was a case of David vs Goliath.
January 27: The City View with Baton Systems’ Jerome Kemp January 27, 2022 Today Andy talks to Jerome Kemp, President of Baton Systems, for a chat about distributed ledger systems and how his company is bringing ledgers into the 21st century. They discuss hashing, how this brings transparency to post-trade processing, why Baton Systems is at an advantage compared to the slow machinations of bureaucratic and established players [...]
McDonald’s revenue surges as it navigates spikes in food and labour costs January 27, 2022 McDondald’s revenue has surged to its highest level since 2016, it confirmed in its fourth quarter results yesterday, as it successfully offset a spike in food and labour costs. Price increases on Big Macs, Chicken McNuggets and other food items helped the fast-food chain secure $23.2bn in global revenue, a jump of more than 20 [...]
Competition watchdog launches first phase of Morrisons takeover probe January 27, 2022 The Competition and Markets Authority (CMA) launched the first phase of its probe into the takeover of Morrisons by a US private equity giant today. The £7bn deal, which was completed in October, saw Clayton, Dubilier & Rice Holdings (CD&R) remove Morrisons from the London Stock Exchange. The move prompted the CMA to order the [...]
Partygate: Boris Johnson vows to publish Sue Gray report in full January 27, 2022 Boris Johnson has today vowed to publish the full Sue Gray report into allegations of lockdown-busting Downing Street parties. Johnson also said he was “absolutely not” seeking to delay the release of the report as expectations now mount that Gray’s findings won’t be handed to Number 10 until next week. It is believed the Metropolitan [...]
LVMH reports record fashion and leather goods revenue January 27, 2022 Big spenders helped boost LVMH revenue to €64.2bn last year as economies recovered from the Covid pandemic. The luxury goods firm posted revenue of €64.2bn on Thursday evening, up 44 per cent compared to 2020 and up 20 per cent compared to 2019. Fashion and leather goods hit record levels, with organic revenue growth of [...]
