Absolut vodka maker sees operating profits rebound and Q4 sales rocket September 1, 2021 French spirits producer Pernod Ricard, which makes Absolut vodka, has seen its operating profits rebound over the past year due to easing Covid-19 restrictions across China and the US. Operating profit just surpassed the company’s expectation of 17 per cent growth, recording an 18.3 per cent organic rise for the full year. The spirits producer, [...]
UK’s Blue Prism sees shares surge 39 per cent amid takeover discussions : CityAM September 1, 2021 Blue Prism has been lured into takeover discussions with two US private equity firms sending its share price soaring. Yesterday shares jumped by as much as 38.6 per cent, from lows of GBX837.0 to highs of GBX1,160.0, after the company announced it is in talks with TPG Capital and Vista Equity Partners about possible offers. [...]
Even entertaining a nappy tax exposes No10’s muddled plans for plastic waste and climate change September 1, 2021 When I saw the front page of the Daily Mail over breakfast this morning, I nearly choked on my Shreddies. It’s possible George Eustice did, too, given his department rapidly denied today’s headlines that government is contemplating a levy on disposable nappies. Perhaps someone in Whitehall got the wrong end of the stick. Considering Ministers’ contempt for [...]
Newmarket revealed as top supply shortage hotspot September 1, 2021 Newmarket in Suffolk has marked the biggest gap between the number of homes sold and new sellers over the past year. The town’s number of agreed sales was up 79 per cent on last July while new sellers entering the market has dropped 49 per cent, according to fresh data from property website Rightmove. Areas [...]
CEO confidence in the global economy returns to pre-pandemic levels September 1, 2021 CEOs of the world’s largest businesses are increasingly optimistic about the global economy’s immediate prospects. Despite a slower ‘return to normal’ than expected, CEOs’ expectations have finally reached above pre-pandemic levels. The KPMG 2021 CEO Outlook found that 60 per cent of leaders are confident about the global economy’s growth prospects over the next three [...]
The affairs of Business Development Managers and sustainability September 1, 2021 In this Covid-recovery era, there’s so much talk of a new normal, building back better and a general sense that some fundamentals of business as we knew it have changed forever. Sustainability is now up at the top of businesses and professional service firms agendas. Given global increased discomfort/awareness/concern around inequalities (eg around access to [...]
AIM dividends climb from Covid depths in second quarter September 1, 2021 Dividends paid by companies listed on the junior AIM stock market are rebounding sharply from the depths of the Covid crisis, according to fresh figures published today. Research by Link Group shows underlying dividends distributed by AIM companies shot up 56.6 per cent to £265m compared to the same period last year. For the year [...]
Supply chain bottlenecks push shop prices higher September 1, 2021 Severe supply chain bottlenecks and persistent shortages of microchips drove shop prices higher over the last month, according to fresh figures published today. The British Retail Consortium’s latest shop price index shows shop prices climbed 0.4 per cent in August, up from a 0.5 per cent fall in prices in July. Logistics firms have struggled [...]
A new privacy doctrine after GDPR must make the UK a pro-data economy September 1, 2021 The General Data Protection Regulation, better known as GDPR, had many repercussions for UK businesses when it came into force a little over three years ago, and is the reason every website you visit asks you to accept cookies. It was a pan-European scheme Britain accepted even as it was preparing to leave the European Union. [...]
Even entertaining a nappy tax exposes No10’s muddled plans for plastic waste and climate change – CityAM : CityAM September 1, 2021 When I saw the front page of the Daily Mail over breakfast this morning, I nearly choked on my Shreddies. It’s possible George Eustice did, too, given his department rapidly denied today’s headlines that government is contemplating a levy on disposable nappies. Perhaps someone in Whitehall got the wrong end of the stick. Considering Ministers’ contempt for [...]
