Explainer-in-brief: As NHS chiefs call for more rules, is Covid-19 back? April 12, 2022 Just as many of us were beginning to feel like the worst of Covid-19 was behind us, the chief executive of the NHS Confederation has warned that Easter could be ‘as bad as any winter’ in the health service. In the last week, around 20 NHS trusts issued divert warnings, telling ambulances to take patients [...]
Nanoco Group continues growth story with surging revenues April 12, 2022 Revenues at nanomaterial developer Nanoco Group have risen 21 per cent to £1.3m amid increased commercial activity.
Unemployment drops further as UK pay falls for second month in a row amid inflation frenzy April 12, 2022 According to the Office for National Statistics, unemployment fell yet again to 3.8 per cent in February, down from 3.9 per cent. The UK employment rate was largely unchanged on the quarter at 75.5 per cent, but still sat below pre-Covid pandemic levels. The ONS’ estimate of payrolled employees for March 2022 shows a small [...]
Deliveroo orders continue to rise but diners spend less on food deliveries April 12, 2022 Deliveroo has seen its order numbers continue to swell, despite shoppers adding fewer dishes to baskets on the other side of Covid lockdowns. In a trading update published on Tuesday, the food delivery titan said growth in orders stood at 18 per cent year-on-year. Orders hit 82.4m in the first quarter of the year, up [...]
Subscriber growth and customer wins power Microlise’s rebounding revenues April 12, 2022 Software solutions specialists Microlise have enjoyed a 17 per cent boost in revenues, raking in £60.3m over the calendar year of 2021.
Tory MP criticised after saying conviction of colleague for sexual assault on teenager was a ‘dreadful miscarriage of justice’ April 12, 2022 The Conservatives have reacted furiously after a former government minister branded the conviction of an MP for sexually assaulting a 15-year-old boy, a “dreadful miscarriage of justice”. Crispin Blunt MP caused outrage with a statement saying he was “utterly appalled and distraught” by the conviction by jury of his “friend and colleague” Imran Khan. Khan, [...]
Asos swings to loss as fashion giant warns shoppers may cut back on purchases April 12, 2022 Online fashion giant Asos has said it was hammered by reduced stock availability as it posted a £15.8m pre-tax loss for the six months to the end of February. The company cited “industry-wide supply chain constraints impacting stock availability and ongoing Covid-19 restrictions.” In half year results on Tuesday, the retailer posted four per cent [...]
City Moves: Who’s switching jobs in the Square Mile? April 12, 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. Rathbone Greenbank Investments Rathbone Greenbank Investments has hired a former investment analyst into a new role in the firm’s London office. Joining as impact manager, Marian Woodward will be responsible for identifying further impact investment opportunities for [...]
Retail sales slow as consumer confidence now lower than horsemeat scandal April 12, 2022 Retail sales slowed last month as consumer confidence has taken a hit as shoppers feel the bite of rising cost inflation. According to data from the British Retail Consortium (BRC) and KPMG, sales increased by 3.1 per cent in March. This was worse than a three-month average growth of 6.9 per cent. What’s more, retail [...]
From Calais, with love: CCTV funding rows capture our migration challenge April 12, 2022 In the first five weeks of war in Ukraine, more than four million people have fled their home, according to the United Nations. The bulk of these have gone to Poland, but many are trying to find permanent homes elsewhere in Europe. Before introducing the Homes for Ukraine scheme, the UK was scrambling to process [...]
