Michael Murray: Frasers ‘increasing efforts’ to reach out to City investors September 12, 2022 The new boss of Frasers has pledged to repair relations between the retailer and the City. In an interview with The Financial Times, Michael Murray said the Sports Direct owner was “definitely going to be increasing its efforts” to reach out to investors. The retailer was presently recruiting for an investor relations manager, as well [...]
Green appointed to Thailand’s National Innovation Agency September 12, 2022 Nigel Green, the CEO and founder of deVere Group, has been appointed to the National Innovation Agency of Thailand.
Hotel Chocolat closes US online site September 12, 2022 British food brand Hotel Chocolat is going to close its US website and severely limit investment in the country. The premium British chocolate maker made the announcement this morning that “investment levels in the US would be materially reduced. They would be “limited to essential working capital only for online and wholesale.” It also “decided [...]
BBC urged to cancel Bain & Co contract following UK government ban September 12, 2022 The BBC has said it will “consider” calls for it to cancel its contract with Bain & Co, following the UK’s government’s decision to ban the consultancy from competing for government contracts. The broadcaster said it will consider calls from veteran anti-apartheid campaigner Lord Hain for the BBC to cancel its contract with Bain over allegations [...]
Crypto market prepares for Ethereum Merge as slowdown is expected to continue September 12, 2022 CryptoCompare's Francisco Memoria casts an expert eye across the cryptocurrency markets over the past seven days.
‘Every Tube traveller’s nightmare’: Man jailed for life over machete attack on London Underground September 12, 2022 A man has been jailed for life after carrying out a machete attack on the London Underground. Ricky Morgan, 35, will stay behind bars for at least 16-years following the incident on a train near Green Park in July last year. He was jailed at the Old Bailey with the judge describing as “every Tube [...]
Gaucho boss: Restaurant menus featuring more seasonal produce could be ‘silver lining’ of high inflation September 12, 2022 Restaurants shifting to more seasonal menus may be the “silver lining” of sky-rocketing food prices, Gaucho boss Martin Williams has said. Hospitality venues have been forced to grapple with heightened prices for vegetables and proteins this year, in addition to energy bill increases that bosses say pose an existential threat to the sector. However, the [...]
UK and European energy price freezes may trigger blackouts, Goldman warns September 12, 2022 UK and European governments freezing energy prices risks blanketing the Continent in power blackouts, a Wall Street investment bank has warned today. Keeping energy bills artificially low is likely to stimulate energy demand, possibly causing supplies to run dry, Goldman Sachs said in a note to clients. “With interventionist policies announced so far prioritising capping [...]
WPP names Karen Blackett as new UK chief September 12, 2022 The world’s biggest advertising group WPP named Karen Blackett OBE as the new President of its UK business. Blackett currently serves as UK CEO of GroupM, WPP’s media investment business, alongside her role as UK Country Manager for WPP. She will step down from GroupM to focus full-time on WPP, and her successor as UK CEO of GroupM will [...]
Ministers meddling in regulation is ‘recipe for disaster’, says former FCA official September 12, 2022 Government plans to exert greater control over financial rule-making are a “recipe for disaster”, a former senior regulatory official warned today, as the government looks to grant itself powers to overturn decisions made by independent City watchdogs.
