Marston’s Christmas sales disappoint but restrictions lifting will enable ‘some semblance of normal trade’ January 25, 2022 Marston’s misses out on bountiful Christmas but signs show consumer confidence ‘rebuilding’ Pub operator Marston’s has joined other hospitality chains in reporting a disappointing Christmas trading period, with sales dipping. In a trading update for the 16 weeks to 12 January 2022, total like-for-like sales were down 3.9 per cent compared to the 2019 financial [...]
Former Beeb News boss: The BBC needs to ‘stop making lower grade stuff’ January 25, 2022 Former head of the BBC has warned the broadcaster to “stop making lower grade stuff” as the licence fee battle endures.
Credit Suisse issues profit warning amid rising legal fees January 25, 2022 Credit Suisse has warned of losses in the fourth quarter as a result of mounting litigation costs and a slowdown in investment activity.
Capricorn Energy production growth ‘ahead of expectations’ thanks to acquisitions January 25, 2022 Independent energy firm Capricorn Energy reported that production growth was “ahead of expectations” this morning, with acquisition driving value.
Russia has made EU threats look full of hot air January 25, 2022 As the EU's supplies shorten, so does its ability to present a united front in the face of the Kremlin's aggression.
City Moves: Who’s switching jobs in the Square Mile today? January 25, 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. Baton Systems Fintech firmBaton Systems has hired a Barclays Investment Bank veteran as its first-ever chief operating officer (COO), who will help scale the business. David Ornstein, who departed the London-based bank after 13 years, has also held roles [...]
A four day week is no panacea to the structural challenges of Britain’s workforce January 25, 2022 For years, there has been an ongoing discussion about the four-day working week. In the 2019 election, then-Labour leader Jeremy Corbyn even put cutting the number of days we work at the centre of his manifesto. This week trials for a four day week will begin with 30 companies trying it out in the hope [...]
Over nine million broadband customers are unaware of the biggest in-contract price hike in years January 25, 2022 Research today reveals that over nine million consumers are unaware that their broadband bills are set to increase, according to research by Hyperoptic.
Government calls in Google and Microsoft to help advise on ‘free flow of data’ innovation January 25, 2022 A group of experts combining the world’s leading academics and digital industry figures, including Google, Mastercard and Microsoft, will meet for the first time today to help Britain seize the opportunities of better global data sharing.
Rachel Reeves must ground Labour’s policy in compelling plans for economic growth January 25, 2022 It is easy to get frustrated following politics. I’m not talking about the in-fighting, the hypocrisy, or the subsequent tendency for allegations of hypocrisy to overshadow any substantive policy issues. My gripe is with the shallowness of the policy debate. Too often, politicians confuse ends with means. The result is a complacent debate and vacuous [...]
