Inflation crunch to intensify as wave of firms hike prices to survive cost assault February 10, 2022 A cost assault is forcing businesses to hike prices to protect margins in a sign the UK cost of living crisis is set to get worse before it gets better, reveals a new study published today. Around three in four firms are raising prices to weather soaring energy and staffing costs in what is being [...]
Letters: Bailey and Boris need to talk February 10, 2022 [Re: Boris Johnson lashes out at Andrew Bailey: Do not show pay restraint, Feb 5] Boris Johnson’s vocal disagreement with Andrew Bailey last week was quite a startling development. The Prime Minister was right to distance himself from the comments made by Bailey, which lacked any empathy for the plight of people trying to make [...]
ONS: Number of UK ‘high growth’ firms has fallen by 15 per cent since 2014 February 9, 2022 The number of UK firms considered to be “high growth” job creators has plummeted by 15 per cent between 2014 and 2020, according to figures from the Office for National Statistics (ONS). The figures, compiled by Labour, showed that 14,190 firms were considered to be high growth at the end of 2014 and that this [...]
Disney revenues surge as guest pour back into theme parks and cruises February 9, 2022 Disney’s US parks and resorts roared back to life with record revenues in the first quarter of the year as overall revenues for the group surged ahead of analysts’ expectation to hit $21.82bn.
Met to contact more than 50 people this week in partygate probe February 9, 2022 The Met police has announced it will begin contacting people believed to have taken part in Downing Street parties as well as reviewing its decision not to investigate a further party in December 2020.
Microsoft crafts new app rules as it jumps through regulatory hurdles for Activision Blizzard deal February 9, 2022 Microsoft has announced a new set of principles for its app store, including open access to developers who meet privacy and security standards, as it jumps through regulatory hoops to gain approval for Call of Duty maker Activision Blizzard mega-deal. Microsoft will file for approval of the deal in 17 jurisdictions for the $68.7bn deal, [...]
NFT of The Beatles’ Hey Jude written notes fetch £60k at auction February 9, 2022 A non-fungible token (NFT) of Paul McCartney's handwritten notes for the Beatles’ song Hey Jude has sold at auction for nearly £60,000.
London markets boosted by financials rally February 9, 2022 London markets soared yesterday to a two-year high driven by a rally among travel stocks after the UK government signalled it intends to scrap remaining Covid-19 rules soon. The capital’s premier FTSE 100 index rose 1.01 per cent to 7,643.42 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of [...]
Government announces annual auctions to boost renewable plans February 9, 2022 The government has announced it is ramping up auctions for its renewables scheme as it looks to roll out cheaper green energy to consumers.
Sending out paper documents will cost Abrdn £2m and emit 500,000kg of CO2 emissions February 9, 2022 The UK government should let companies use blockchain technology to send out documents to shareholders instead of forcing them to send out hard copies, a UK tech expert has said. The comments come after investment company Abrdn was forced to delay plans for its £1.5bn takeover of Interactive Investor, due to worldwide paper shortages. UK [...]
