Experian reports ‘better-than-expected’ quarter as revenue grows January 19, 2021 Credit scoring giant Experian (EXPN) reported a better-than-expected third quarter after a strong performance by its North America division. Total revenue at constant exchange rates grew 10 per cent in the three months to the end of December. Experian’s North America and Latin America divisions grew 11 and 16 per cent respectively, but the UK [...]
British Land appoints new chief financial officer from Tesco January 19, 2021 London-based retail landlord British Land has made Bhavesh Mistry its new chief financial officer. Mistry is expected to join British Land no later than 1 August 2021. Until he joins David Walker will continue in his role as interim CFO. The incoming CFO is currently deputy chief financial officer at Tesco, a position has had [...]
Hotel Chocolat celebrates sweet six months despite Covid-19 January 19, 2021 Hotel Chocolat has defied pandemic challenges and boosted its revenue in the 26-week period ending 27 December. Total group revenue for the period increased 11 per cent year-on-year, as the group pivoted to online sales to offset the impact of pandemic restrictions. The end of the year was particularly tasty for the chocolate retailer, with [...]
Scientists warn vaccination rollout will lead to more rule breaking January 19, 2021 People could become less diligent at sticking to coronavirus rules as more of the population is vaccinated, scientists have warned. If people start abandoning the rules early, it could lead to a spike in cases that outweighs the gains made by rolling out the jab, government advisory body SAGE has said. Sky News reported that [...]
Exclusive: City of London Corporation chief says ‘not our place’ to criticise China human rights abuses January 19, 2021 The City of London Corporation’s policy chief has said it is not the powerful local authority’s role to hold China to account for human rights abuses. Catherine McGuinness told City A.M. that she was “really not clear it’s our place” to publicly criticise the Chinese government for human rights abuses against Uyghur Muslims and that [...]
Fishing industry to be compensated for Brexit ‘teething problems’ January 19, 2021 Boris Johnson has said that the fishing industry would be compensated for any problems caused by new post Brexit customs procedures. Johnson, echoing comments he made last week, said that problems at the borders, which have seen some exporters unable to sell their catch, were “teething problems”. A fund of £23m will be made available [...]
Fintech firms top list of best London startups to work for January 19, 2021 Fintech firms dominate the list of best startups to work for in London as investment in the sector picks up and expands aggressively. Some 50 startups and scaleups appear on Otta’s Rocket List, which has been curated by Tech Nation and a handful of VC firms including Atomico and Seedcamp. The experts considered a firm’s [...]
Branded: How firms can avoid being marked by fake news controversy January 19, 2021 Joe Biden is heading to the White House. Vaccines are being rolled out. The world is ready to start moving forward after a fractious year. Given the turbulence of the last 12 months, building brand reputation hasn’t always been a priority. In the years ahead, businesses will not only be looking to start afresh, but [...]
What next for social media regulation in the post-Trump world? January 19, 2021 Two weeks on from the storming of the US Capitol the social media excision of the 45th US President is so extensive, the holder of the most powerful office in the world is presently unable to log in to Pinterest to create a mood board for his impending house move. His exclusion has drawn condemnation from [...]
Don’t believe the hype: streaming doesn’t sell artists down the river January 19, 2021 Last October, the Digital, Culture, Media & Sport Committee launched an inquiry into the impact of music streaming on artists and the industry, after calls from campaigners to shake up how streaming royalties work. While I appreciate the concerns of many artists, I should say that I am a big fan of streaming, for many [...]