JD Wetherspoon hit by supply chain disruption as beers unavailable September 1, 2021 Pub goers hoping to order a pint of Carling or Coors have been left disappointed after JD Wetherspoon confirmed shortages of some products. The pub chain did not know how many sites had been impacted by beer shortages but said it was only aware of supply issues with Carling and Coors beers. Some customers have [...]
Next boss calls for UK immigration shakeup amid lorry driver shortage September 1, 2021 Lamenting the national lorry driver shortage, Next boss Lord Simon Wolfson has called on the Home Office to shape up its immigration rules to allow overseas hauliers into the UK. The trickling supply of HGV drivers has led to 94 per cent of hospitality businesses reporting problems with the delivery of products, according to trade [...]
A new privacy doctrine after GDPR must make the UK a pro-data economy September 1, 2021 The General Data Protection Regulation, better known as GDPR, had many repercussions for UK businesses when it came into force a little over three years ago, and is the reason every website you visit asks you to accept cookies. It was a pan-European scheme Britain accepted even as it was preparing to leave the European Union. [...]
Liz Truss appoints two new trade commissioners for Europe September 1, 2021 Liz Truss has today appointed two new HM trade commissioners who will be charged with attracting greater foreign investment in the UK. Trade commissioners are appointed for nine different global regions and are tasked with working with diplomats and civil servants to promote the UK’s international trade interests. The international trade secretary hired her department’s [...]
Exclusive: City’s venture capital guru on Brexit, ESG fundraising and impact investing August 31, 2021 With Brexit just behind us, and the pandemic gradually being brought under control, it seemed like a good time to measure the temperature of London’s venture capital investment space. City A.M. sat down with David Hall, for his first major interview as chairman of the Venture Capital Trust Association, since succeeding Stuart Veale in January [...]
Exclusive: Meet the serial entrepreneur on a mission to close the UK’s digital skills gap – CityAM : CityAM August 31, 2021 Businesses across the UK are increasingly sounding the alarm about the growing digital skills gap in the UK and, according to some, the failure of the government to address this issue properly. Earlier this summer, a group of London businesses called on Education Secretary Gavin Williamson to tackle London’s growing skills shortage, warning that the [...]
BDO: A third of companies risk losing business if they ignore the rise of ESG August 31, 2021 As environmental, social and governance (ESG) measures climb higher on both the consumer and investor agenda, companies will begin to lose business if they fail to get on board, new data has found. Almost a third of mid-market companies have admitted they face a “high” or “very high” risk of losing out on business if [...]
Range of investors circle Teesside superport as offers could hit £2bn August 30, 2021 The battle to win a £2bn takeover of Britains fifth largest port, Teesside’s PD Ports, has gained the attention of numerous investors. The site which was recently awarded a low-tax freeport status has become a target for the Duke of Northumberland’s Northumberland Estates, Legal & General, Credit Suisse joined with the Pension Insurance Corporation. Teesport [...]
Post-Brexit: UK named best European country to start a business August 29, 2021 The UK has been named as the best country in Europe to start a business, according to new research shared with City A.M. this morning. Thanks to the UK’s large economy, low unemployment rate, and ease to start and run a business here, the UK ranks number one. The UK also topped the list of [...]
UK hopes to wrap up trans-Pacific trade alliance talks ‘by end of 2022’ August 28, 2021 The UK is planning to complete negotiations to join trade alliance the Trans-Pacific Partnership by the end of next year, Liz Truss has said. In an interview with the FT, the international trade secretary said that the talks were government’s immediate priority for its post-Brexit trade agenda. She said that joining the alliance would enable [...]