Fewer than half of FCA staff happy with pay amid allure of private sector November 12, 2024 Less than half of staff at the UK's financial regulator are happy with their pay, a survey has suggested, despite efforts to fend off the allure of private sector jobs.
Bank of England’s Pill backs ‘gradual’ interest rate cuts despite ‘sticky’ pay growth November 12, 2024 Pointing to the pay figures from this morning, Pill said wage pressures remain "quite sticky".
How I’m readying my British honey brand for overseas expansion November 12, 2024 Jennifer Sieg meets Scott Davies, founder of British honey brand Hilltop Honey, to discuss the road to international expansion Impact-Site-Verification: 23b14862-b50e-4637-a6fb-9e8e82968724 International expansion is a dream come true for many entrepreneurs who want to tap into new market opportunities and subsequently reach a wider customer base. But to do so successfully takes some tenacity, and [...]
Struggles continue at Asda as new owner looks to turn around supermarket giant November 12, 2024 The continuing struggles at supermarket giant Asda have been revealed with both Tesco and Sainsbury’s hoovering up its market share in the UK, according to new figures. Sales at the Leeds-based grocer totalled £4.242bn in the 12 weeks to 3 November, 2024, down from the £4.490bn it reported for the same period last year, the [...]
Arthouse cinema chain Curzon acquired by Fortress November 12, 2024 UK arthouse cinema chain Curzon has been acquired by US-based Fortress Investment Group The deal, which has been agreed for an undisclosed sum, includes the firm’s cinemas, film distribution company and online streaming service. It’s the latest acquisition of a UK company by a US buyer, with a strong dollar and low British valuations attracting [...]
Falling Rolex prices are fuelling a sales boom November 12, 2024 The holiday season has always been pivotal for luxury watch sales, and this year brings a particularly promising outlook. Contrary to the usual holiday price hikes in many markets, the secondary watch market has seen notable price declines. Over the past year, prices for iconic brands like Rolex have dropped by an average of five [...]
Astrazeneca: FTSE 100 giant shrugs off China worries with profit upgrade November 12, 2024 Pharmaceuticals giant Astrazeneca has reported double-digit sales growth on higher demand and said it remains committed to China despite the detention of a high-ranking staff member there. The FTSE 100 firm told markets this morning that total revenue rose 19 per cent to $39.2bn (£30.6bn) in the first nine months of the year. The London-listed [...]
Metro Bank given hefty fine by City regulator for financial crime failings November 12, 2024 The Financial Conduct Authority (FCA) said that Metro Bank had failed to adequately monitor over 60m transactions for money laundering risks between June 2016 and December 2020.
Wage growth comes in ahead of expectations despite loosening labour market November 12, 2024 Bank of England rate-setters received a mixed picture from the latest labour market figures, with progress on wage growth stalling even as unemployment crept up. According to the Office for National Statistics (ONS), pay growth excluding bonuses eased to 4.8 per cent in the three months to September, down from 4.9 per cent previously but [...]
Move over Malbec: Why There’s more to Argentina November 12, 2024 Argentina is famed for its wine; in fact, wine is legally recognised as the country’s national beverage. Historically its famed Malbec has had ‘Main Character Energy’ but, on a recent trip to the wine region of Mendoza (pronounced ‘Mendosa’ with an ‘s’), there were some other finds that struck me with their star quality. Eduardo [...]
