Toyota cuts annual production target as semiconductor shortage and Covid outbreaks weigh September 10, 2021 Car giant Toyota today said that it would slash its global production target by 300,000 units as a combination of the semiconductor shortage and the coronavirus continue to hammer output. Having already announced that it would cut production in September alone by 360,000 cars, the Japanese automaker said it would have to reduce output by [...]
Brexit: EU boss Sefcovic warns Northern Ireland protocol haggling will prompt ‘instability’ September 10, 2021 European Commission vice-president Maros Sefcovic today said the controversial Northern Ireland Protocol – a policy of trade checks for good moving between Great Britain and the EU via the island of Ireland – must be “properly implemented”. The Brussels representative also warned the UK that any renegotiation of the Northern Ireland Protocol would cause “instability, [...]
Hot on the heels of Revolut, Monzo targets buy now pay later September 10, 2021 British challenger bank Monzo is plotting a move into the buy now pay later (BNPL) market, amid exploding demand for the services since the onset of the pandemic. The digital bank is reportedly prepping to announce the launch of a new BNPL product as soon as next week, the Evening Standard first reported, making it [...]
‘Hanging on a cliff’: how the pandemic pushed women to upskill online September 10, 2021 When the pandemic struck Adisa, a 41-year-old mother of two, was already struggling financially after being made redundant from her job of three and a half years. In lockdown, however, feelings of disappointment and fear quickly hardened into resolve. Like many women, both in the UK and worldwide, Adisa started an online course on leadership [...]
Shearing in the right direction: The haircut in a post-Covid world September 10, 2021 We need to start with a disclaimer, or maybe it’s a caveat; perhaps even an apologia. This column is entirely dedicated to men’s hair. That’s partly because I am, well, a man, and partly (in connection with that) I know little to nothing of the murky and rebarbative world of women’s hairdressing. I know it’s [...]
Franco Manca’s Fulham Shore hails rising revenues after its full-year slip September 10, 2021 Fulham Shore, which owns Franco Manca, has hailed rising revenues in its latest trading update after it fell behind 2020’s recording. The hospitality group pulled in £40.3m in revenue in the year to 28 March, plunging 41.3 per cent from the £68.6m it raked in last year. But in the three weeks to 5 September, [...]
‘Hanging on a cliff’: how the pandemic pushed women to upskill online : CityAM September 10, 2021 When the pandemic struck Adisa, a 41-year-old mother of two, was already struggling financially after being made redundant from her job of three and a half years. In lockdown, however, feelings of disappointment and fear quickly hardened into resolve. Like many women, both in the UK and worldwide, Adisa started an online course on leadership [...]
Emma Raducanu sprints towards New York final after US Open win September 10, 2021 Emma Raducanu has leapt forward in her historic run at the US Open, sprinting towards a final with Leylah Fernandez in New York after defeating fellow teenager Maria Sakkari. Becoming the first British woman to reach a Grand Slam singles final since Virginia Wade in 1977, 18-year-old tennis sensation Raducanu bagged a 6-1, 6-4 victory [...]
First UK LGBT business champion named September 10, 2021 Iain Anderson, the executive chairman of PR firm Cicero, has been appointed by the government to improve workplace equality in small businesses, the minister for women & equalities, Liz Truss, has announced this morning. The news follows a report earlier this year by the Chartered Institute of Personnel and Development (CIPD) which found that 40 [...]
Uber Eats, DoorDash, Grubhub sue New York City over caps on fees they can charge restaurants September 10, 2021 A group of food delivery giants including Uber Eats, DoorDash and Grubhub have teamed together to sue the City of New York over legislation that would impose a permanent cap on the commissions they can charge restaurants. The companies filed a lawsuit in federal court in New York late last night, seeking an injunction that [...]