OnTheMarket CFO to depart role next year as property platform revenue booms August 1, 2022 Property search platform OnTheMarket has announced its chief financial office will be leaving the firm early next year. Clive Beattie has resigned from his position at the London-listed company to pursue another company, OnTheMarket infomed investors on Monday morning. The board has appointed consulting firm Korn Ferry to kick start a recruitment drive for a [...]
Heineken sales elevated as beer drinkers brush off price increases August 1, 2022 Brewer Heineken has seen beer sales leap in the first half of the year, despite growing pressures on consumers’ budgets. The drinks behemoth had seen “demand resilient until now despite mounting inflationary pressures on consumers’ disposable income,” according to Heineken chairman and CEO Dolf Van Den Brink. However, the brewer warned increasing costs meant it [...]
Businesses’ needs forgotten as Truss and Sunak up anti-immigration rhetoric August 1, 2022 As ballots start to land on the doormats of Conservative party members this morning, Liz Truss and Rishi Sunak have entered into what has been branded an “arms race” to tackle illegal migration. Both are playing a game of one-up-manship on who will limit the most people coming into the UK across the Channel. The [...]
JD Sports sells Footasylum to private equity firm after watchdog crackdown August 1, 2022 Trainer seller JD Sports has inked a deal to hand over Footasylum to Aurelius Group for £37.5m, following competition concerns. In recent weeks, JD Sports had been rumoured to be in talks with the German private equity group about selling the high street brand, which it attempted to takeover in 2019. JD said the sale [...]
Micro-businesses express apathy towards net zero agenda August 1, 2022 Millions of micro-business owners do not believe they can have a positive impact on the UK’s targets for a net-zero economY.
BP reveals plans for Berkshire-based £50m battery testing centre August 1, 2022 BP has unveiled plans to invest up to £50m in an electric vehicle battery testing centre and analytical laboratory in Berkshire.
Saudi Arabia’s attempt at a makeover is a global test to stoke liberalisation August 1, 2022 How would Los Angeles influencers, decked out in their finest, go in the Saudi desert, instead of the usual hotspot of the Coachella Valley? This was one of the questions Edelman looked at when making their pitch to Saudi Arabia that they could help the nation reopen themselves to the world again.
Dirty money being hidden on our shores will be brought into the harsh light of day August 1, 2022 THE world fundamentally changed on 24th February when Russia invaded Ukraine, a sovereign and democratic European country. This barbaric action demanded that the UK government take bold and decisive action, identifying all avenues by which we could choke off those supporting Putin’s campaign of destruction. On top of a comprehensive package of economic sanctions, we launched a [...]
New pension scheme to ‘inject innovation’ into the industry August 1, 2022 A brand new vehicle to help Brits save for retirement launches today in what is being billed by ministers as “an injection of innovation” into the pension regime. Collective defined contribution pensions (CDC) will provide an alternative to defined contribution (DC) and defined benefit (DB) pension schemes, Britain’s two main retirement saving programmes. CDCs are [...]
Britain’s sporting success will help economic growth August 1, 2022 Sport has had a busy summer in the UK as we marked England’s victory at the UEFA Women’s Euro and the start of the Commonwealth Games last week. It was with great pride that people across the country watched the Lionesses’ incredible performance and did us all proud. For many, it has brought back fond [...]
