Foxtons throws £10.5m at growing London property market share with two takeovers May 26, 2022 Estate agents Foxtons has thrown £10.5m at two takeovers, in a bid to snap up an even larger share of London’s property market. The London-listed group has bought IMM Properties, which trades under the name Gordon & Co in South London, as well as Stones Residential in North London. The deals are expected to improve [...]
Ed Warner: ECB may buck financial trends but must turn playing claims into reality May 26, 2022 Fourteen million people participate in cricket in England and Wales. Yep, you read that right! How do we know that a quarter of the population play, attend or follow the sport? Because the ECB told us so last week in its annual report. Looks like the governing body has adopted a Westminster approach to big [...]
‘Mental health is something we should all be encouraged to prioritise’ May 26, 2022 Aneela Mather-Khan CA discusses how she overcame the experience of low mental health whilst working and studying, how the profession’s attitudes to mental health have changed and what firms can do to support the wellbeing of their employees. What was your experience of the CA training process? Having studied economics as a degree, accounting and [...]
Sales drive AutoTrader to hefty profit amid pandemic rebound May 26, 2022 Revenues at AutoTrader have spiked 65 per cent this year to £432.7m, powered by a 72 per cent uplift in sales to £388.3m.
AJ Bell pre-tax profits fall despite swelling customer base May 26, 2022 AJ Bell, one of the UK’s largest investment platforms, has continued to see customer growth following the pandemic-induced boom in retail investing, however pre-tax profits have slipped. The platform’s customer base has grown by more than 35,500 in the six months to 31 March, to a total of 418, 309 – having already increased by [...]
City Moves: Who’s switching jobs in the Square Mile? May 26, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Vue International Cinema operator Vue International has poached its new chief operating officer (COO) from fashion retailer Urban Outfitters. Claire Arksey, who has previously held senior operational roles at Superdry, Reiss and Ted Baker, oversaw nearly 270 stores [...]
Uber launches ‘money saving’ subscription service for Brits May 26, 2022 In a major pivot towards a recurring revenue, Uber has finally launched its new membership programme, Uber One, in the UK.
Street votes will be a bottom-up policy that satisfies without ruffling feathers May 26, 2022 Britain needs more homes; practically everyone agrees, including Levelling Up Secretary Michael Gove and his predecessors. Knowing what you need and knowing how to get there are quite different things, however, and radical pro-housing policies have repeatedly been broken on the back of public or political opposition. It’s in this context that the government has [...]
It’s time businesses step up and support local authorities in protecting biodiversity May 26, 2022 This week some of the biggest names in business are meeting at Davos. Sustainability, biodiversity and the positive impact that business can bring are high on the agenda. Over 50 per cent of the world’s total GDP is either highly or moderately depending on nature, according to the World Economic Forum (WEF). Yet only 50 [...]
Slowing business activity strengthens UK recession risk May 26, 2022 Swelling costs and fears over rampant inflation forcing consumers to slash spending are eroding British businesses’ optimism, casting doubt over whether the country can avoid a recession, two surveys published today reveal. Households are cutting discretionary purchases in response to living costs climbing at the quickest pace in four decades, research by the Confederation of [...]
