GDP: Summer spending pushes UK economy growth spurt of 1.3 per cent November 11, 2021 The UK economy grew by 1.3 per cent between July and September, down from 5.5 per cent in the previous three months, the Office for National Statistics (ONS) has said. The quarterly figure has fallen below analyst estimates of 1.5 per cent. The UK’s GDP remains just 0.6 per cent below its pre-pandemic levels after [...]
City Moves: Who’s switching jobs in the Square Mile today? November 11, 2021 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. DF Capital Specialist lender DF Capital has hired a new head of change and continuous improvement, who will be responsible for leading the development of business innovations across the bank. Also ensuring organisational processes are most [...]
Poor housing costs NHS £1.4bn a year November 11, 2021 Hazards caused by poor quality homes in England are costing the NHS £1.4bn a year. The Building Research Establishment (BRE) found that 2.6m homes, making up 11 per cent of the country’s housing stock, are deemed ‘poor quality’ and endangering residents. The study looked at the 2018 English Housing Survey (EHS) on health and safety [...]
Uber Eats adds pub grub to app including Toby Carvery and Miller & Carter November 11, 2021 Uber Eats has added pub giant Mitchells & Butlers to its app offering The partnership means 1,000 bars, restaurants and pubs – including Miller & Carter and Toby Carvery – will join the app by the end of the year. What’s more, to celebrate the addition, Uber Eats is offering free delivery on pub dishes from [...]
Whole Foods was Amazon’s grocery debut, now it’s time for a main course November 11, 2021 Amazon took its first major step into grocery when it bought Whole Foods Market in 2017 for $13.7bn. The purchase sent shockwaves through the retail world at the time. It marked Amazon’s first step into brick-and-mortar retail and analysts interpreted the move as an effort to muscle in on the supermarket sector. But Amazon’s Whole [...]
British brands to miss out on Chinese shopping occasion Singles Day November 11, 2021 British brands are set to lose out on the Chinese shopping occasion Singles Day today as consumers opt for local brands instead. More than a third of Chinese shoppers said they would buy fewer products from British brands this year compared to last year. Consultancy AlixPartners, who organised the survey of over 2,000 Chinese consumers, [...]
The minefield of virtual court hearings and delays put victims at greater risk November 11, 2021 Family court hearings are being pushed back until Spring 2023 as the court system falters under the weight of the backlogs. Covid has been a driving force – but the judicial process has been fraught with delays long before the pandemic. Any court appearance is sensitive but the emotional nature of the family courts adds [...]
Ed Warner: Why sponsors should beat a path to Yorkshire November 11, 2021 Yorkshire County Cricket Club might just be the most exciting sponsorship proposition right now. Mired in a racism crisis of its own making, deserted by its full roster of corporate partners, staring down the barrel of a parliamentary select committee, investigated by the Equality and Human Rights Commission – but with a new chair and [...]
Pfizer accused of warping Covid-19 vaccine distribution claims November 11, 2021 Human rights charity Amnesty International UK has accused Pfizer of making misleading claims about the distribution of its Covid-19 vaccines to low-income countries. “Pfizer says it is committed to supplying doses to low and middle-income countries, but the numbers just don’t bear this out. The fact is that this company is still putting profits first,” [...]
Global inflation tiger proves hard to catch as US prices rise at fastest rate in 30 years November 10, 2021 The global inflation tiger has been let out of the cage and is proving difficult to catch, scuppering bets from central bank wonks on price rises being temporary. Soaring energy prices, compounded by supply chains buckling under the weight of a resurgence in global demand as economies emerge from the pandemic has driven up prices [...]
