As the City readies itself for the future, firms rethink their office downsize January 25, 2022 Moments after Boris Johnson announced the end of Plan B Covid-19 restrictions the order went out to civil servants to lead by example – and head back to the office. The edict will have reflected a desire to get people back into the capital and breathe new life into the economy, not least the hospitality [...]
Investor Inverleith secures majority stake in Scottish gin and whiskey brand January 25, 2022 Investor Inverleith has secured a majority stake in Scottish gin and scotch whisky brand EDEN MILL St Andrews, as the distiller looks to expand. The consumer brand investor’s injection will help EDEN MILL in opening a new distillery later this year. With hopes of widening distribution in the UK and internationally, EDEN MILL –established a [...]
Moulding is no villain but he’s better off not trying to play the hero January 24, 2022 Matthew Moulding has, by just about anybody’s standards, been an extraordinary business success story. His origin story as an entrepreneur is a very British, self-made one; inspired by buying a CD online, he has built and floated his THG business which as a rule does the thing it was meant to do (flog stuff online [...]
Downing Street held birthday party for prime minister, say reports January 24, 2022 Downing Street staff and the prime minister’s wife reportedly held a party for Boris Johnson’s birthday in 2020, despite lockdown measures banning such activity. In yet another layer to the party scandal cake, Carrie Johnson led the gathering of up to 30 guests in No 10 on June 19, ITV News first reported. She is [...]
Unilever shares surge after Peltz takes a stake, though reports say job losses loom January 24, 2022 Unilever shares have surged this morning after it was revealed that notorious activist investor Nelson Peltz had taken a stake in the firm.
Brewdog boss accused of inappropriate behaviour by staff in BBC documentary January 24, 2022 Brewdog’s boss has been accused of behaving inappropriately with female staff and customers by former employees. In BBC’s Disclosure documentary, several members of the Brewdog’s US staff said they saw CEO and co-founder James Watt giving private, late-night tours of the US brewery to customers. Dylan Gray, a former manager at Brewdog Franklinton in Ohio, [...]
Housebuilders drag London markets down as investors flee stocks January 24, 2022 London markets took a beating yesterday driven lower by most sectors tumbling as investors fled stock markets on US Fed rate hike fears. The capital’s premier FTSE 100 index closed 2.63 per cent lower at 7,297.15 points, while the domestically-focused FTSE 250, which is more aligned to the health of the UK economy, lost 3.64 [...]
Sea of red: Looming US Fed rate hike spree sends chill through global markets January 24, 2022 A sea of red engulfed global markets today as a looming rate hike spree from the US Federal Reserve sent investors fleeing stock markets. Traders dumped shares on fears the Fed will send the strongest signal yet on its intention to rapidly rein in ultra-stimulative monetary policy at its meeting of rate setters on Wednesday. [...]
Oil prices drop as investors brace for interest rate hikes January 24, 2022 Oil prices fell around three per cent on Monday, with both major benchmarks hit by looming fears of interest-rate hikes from the Federal Reserve.
Aviva Investors calls for businesses to increase focus on human rights and biodiversity January 24, 2022 Asset manager Aviva Investors will push firms to increase their focus on biodiversity and human rights as it looks to promote a more rounded approach to corporate sustainability.
