Burns Night is here again: Here’s what to drink and where to go January 25, 2022 Today is Burns Night, the annual celebration of Scotland’s national poet, and semi-official “St Patrick’s Day” for lovers of Scotch. Plan B restrictions may have derailed large-scale Burns Suppers and ceilidhs, but there’s no reason you can’t stay home, put on a Gay Gordons LP, whip up some haggis, neeps, and tatties, and toast the immortal memory of Robert Burns with [...]
‘The future is 4G and 5G’: Vodafone gears up for 3G switch off January 25, 2022 Vodafone today announced that it will begin retiring its 3G network in 2023 as part of a network modernisation programme to improve 4G and 5G experience for all customers.
Royal Mail set to cut 700 management jobs as it grapples with Omicron sting January 25, 2022 Royal Mail has warned against the lingering impact of Omicron this morning as it enters a formal consultation on reorganising to streamline processes, with an expected £40m annualised benefit for the firm.
UK financial watchdog to beef up consumer protections January 25, 2022 The Financial Conduct Authority (FCA) has said it will take "assertive action" against firms seeking to limit compensation for customers.
Marston’s Christmas sales disappoint but restrictions lifting will enable ‘some semblance of normal trade’ January 25, 2022 Marston’s misses out on bountiful Christmas but signs show consumer confidence ‘rebuilding’ Pub operator Marston’s has joined other hospitality chains in reporting a disappointing Christmas trading period, with sales dipping. In a trading update for the 16 weeks to 12 January 2022, total like-for-like sales were down 3.9 per cent compared to the 2019 financial [...]
Former Beeb News boss: The BBC needs to ‘stop making lower grade stuff’ January 25, 2022 Former head of the BBC has warned the broadcaster to “stop making lower grade stuff” as the licence fee battle endures.
Credit Suisse issues profit warning amid rising legal fees January 25, 2022 Credit Suisse has warned of losses in the fourth quarter as a result of mounting litigation costs and a slowdown in investment activity.
Capricorn Energy production growth ‘ahead of expectations’ thanks to acquisitions January 25, 2022 Independent energy firm Capricorn Energy reported that production growth was “ahead of expectations” this morning, with acquisition driving value.
Russia has made EU threats look full of hot air January 25, 2022 As the EU's supplies shorten, so does its ability to present a united front in the face of the Kremlin's aggression.
City Moves: Who’s switching jobs in the Square Mile today? January 25, 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. Baton Systems Fintech firmBaton Systems has hired a Barclays Investment Bank veteran as its first-ever chief operating officer (COO), who will help scale the business. David Ornstein, who departed the London-based bank after 13 years, has also held roles [...]
