From taxes to cats, Theresa May’s government has been an affront to Conservative ideology May 29, 2019 Theresa May has finally announced her resignation. How can we capture the flavour of her tenure in office? This can be found in the dry and measured content of the Economic and Fiscal Outlook from the Office for Budget Responsibility (OBR). The OBR stated in its latest publication in March 2019 that: “the tax receipts-to-GDP [...]
Gordon Ramsay’s restaurant empire returns to profit despite tough market conditions May 28, 2019 Celebrity chef Gordon Ramsay’s restaurant empire has returned to profit despite challenging conditions in the casual dining sector. Ramsay’s company made a pre-tax profit of £500,000 in the year to August 2018 after reporting a £3.8m loss in 2017 due to legal costs and the closure of its Plane Food branch at Heathrow, which lasted [...]
Memory tricks and tips to help you win at business May 23, 2019 Even in the age of Google, remembering certain things can give you a huge advantage in business. In fact, your ability to remember can become one of your most valuable assets. The bottom line is this: people want to do business with smart people, and we view people who have a razor-sharp memory as being [...]
Internet meme queen Grumpy Cat dies aged 7 May 17, 2019 The internet sensation known as Grumpy Cat has died aged seven, her owners revealed on Friday. A post on the cat's instagram, which has more than 2.4m followers, announced her passing and the family's "unimaginable heartbreak". Read more: BT has redesigned its logo and Twitter hates it (Source: Instagram) (Source: Getty) (Source: Getty) “Despite care from top [...]
It’s time to challenge Corbyn’s grotesque stereotype of business May 17, 2019 This week, business leader and rich list regular Julian Richer announced that he was handing over 60 per cent of shares in his company to the firm’s 522 employees. You’d be forgiven if you missed this news. Despite Richer Sounds’ 53 stores across the country and annual turnover of £157.5m, the founder is hardly a [...]
Trump claims tax revelations detailing historic $1bn losses are ‘fake news hit job’ May 8, 2019 Donald Trump has hit back at reports that he lost more than $1bn dollars between 1985 and 1994, saying the fact he was a real estate developer gave him leeway with his taxes. Read more: The art of the deal: Five things we learned from Trump’s tax returns Responding to the publication of his long-sought [...]
The art of the deal: Five things we learned from Trump’s tax returns May 8, 2019 Hours after one of Donald Trump’s closest White House allies, Treasury secretary Steve Mnuchin, formally refused the Democrats’ request for the President’s tax returns late on Monday, the cat was out of the bag. Trump’s much-sought after tax returns reveal massive losses throughout the eighties and nineties for the self-styled master of the deal, topping more [...]
Can Just Eat deliver the City what it wants? April 29, 2019 On Wednesday morning most eyes in the City will be on Mike Coupe, the Sainsbury’s chief executive battling to keep his job. In the firm’s Holborn HQ the grocery veteran will set out his Plan B after the UK competition watchdog crushed his dreams of a merger with Asda. Read more: Shortsellers increase bets against [...]
Shortsellers increase bets against Just Eat amid competition from Uber and Deliveroo April 29, 2019 Hedge funds have ramped up their bets against FTSE 100 giant Just Eat in recent months as they look to cash in on shareholder disruption and a slowdown in growth at the online takeaway player. The food delivery firm, which has been facing investor unrest in recent months as it fights to protect its market share against the [...]
The left is upping its campaign against the free market – and the City in particular April 28, 2019 John McDonnell and the Labour party have long talked of the need to “democratise” our economy. Their plans for sweeping nationalisations, a state-run investment bank and the forced reallocation of shares to the workers are all couched in the language of taking power from the fat cats and making finance a servant of the public, [...]