I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
Travers Smith’s partners see payouts drop 10 per cent to £1.1m August 30, 2022 Partners at Silver Circle law firm Travers Smith have seen the value of their annual payouts drop by 10 per cent, according to the City law firm’s annual results. Travers Smith’s partners are set to receive payouts worth £1.105m for the financial year ending on 30 June 2022, compared to sums of £1.22m in the [...]
‘Break the chains’ of regulation holding back challenger banks, MPs say August 30, 2022 A “one-size-fits-all” approach to regulating UK lenders has failed and watchdogs need to “break the chains” restricting the growth of challenger banks, a group of MPs said today.
City bosses rejoice as TfL funding deal announced August 30, 2022 CITY bosses have rejoiced after a long-term funding deal was agreed today between the central government and TfL. The London Chamber of Commerce said businesses “will be breathing a sigh of relief” while Centre for London’s boss Nick Bowes added that TfL will now be able to get on with running the transport system without [...]
DEAL DONE: Transport for London signs funding settlement with government August 30, 2022 Transport for London (TfL) has signed a long-term funding deal with central government to keep London moving until spring 2024. It comes after two years of fraught negotiations between the TfL and the government after passenger revenues fell due to the pandemic’s impact. The deal was signed off by Transport for London at a board [...]
London’s FTSE 100 gives up early gains as investors fret over looming downturn August 30, 2022 London’s FTSE 100 today initially batted away fears of a tough recession in the UK, before giving up gains later in the day. The capital’s premier index fell 0.88 per cent to 7,361.63 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, shed 0.1 per [...]
Fraud prosecutions slowed by record Crown Court wait times August 30, 2022 THE UK’s Crown Court backlog is stalling efforts to tackle the UK’s worsening fraud epidemic, according to new research from KPMG. The value of frauds worth more than £100,000 reaching the UK’s Crown Courts increased 288 per cent, from £137.4m in the first half of 2021 to £532.6m in H1 2022, as a series [...]
Live music faces ‘existential threat’ as energy crisis dawns August 30, 2022 The music business has warned that venues and studios are in the midst of an “existential threat” amid the energy crisis and lack of support.
Gopuff to boost UK focus as rapid grocery app prepares to leave Spain August 30, 2022 Rapid delivery platform Gopuff intends to amp up its focus on the UK as it departs Spain, in an endeavour to close in on profitability. The start-up is intending to slim its operations, a source familiar with the matter told Bloomberg yesterday. However, the UK is one of the platform’s fastest growing markets, with revenue [...]
Tight labour market is main threat to UK firms, business chiefs warn August 30, 2022 A tight labour market is threatening to choke off growth in UK firms this year as bosses struggle to attract and retain staff, a new survey has revealed.
Inflation could soar to over 22 per cent if gas prices stay high, Goldman warns August 30, 2022 Inflation could soar to the highest level since 1975 if global gas prices do not fall from their historic highs, a Wall Street investment bank warned today. The cost of living would climb to a peak of 22.4 per cent if the energy watchdog is forced to heap even more woe onto households by passing [...]