Airline shares splutter as new EU lockdowns spook investors November 24, 2021 The share price of major airlines is on an ongoing downward trajectory as a result of the new wave of Covid-19 infections around Europe which is causing countries such as Austria and the Netherlands to impose lockdown measures. Compared with the last few days, the share price of major carriers such as IAG and Ryanair [...]
Collectivino: The ethical wine company making it easy to drink good wine November 24, 2021 Sustainability is the current watch word in wine. As bottle weights and recyclability are increasingly discussed, companies must at least nod in an environmentally friendly direction or risk falling behind competitors. People are increasingly aware of the impact their choices make on the planet but buying ethical wine sustainably can be a tricky thing to [...]
Shortage fears: Wine and spirit bosses warn of Christmas delays thanks to lack of drivers November 24, 2021 Brits face disappointment as deliveries of their favourite alcoholic drinks are being delayed due to the shortage of HGV drivers, a coalition of 49 wine and spirits companies has said. Bosses from household names such as Campari and Bibendum Wines have today written to secretary of state for transport, Grant Shapps, calling for further action [...]
Junior Lawyers & the pay war: How much is enough? November 24, 2021 After years of studying for complex qualifications, junior lawyers might think they are entitled to expect some reward. And those ever-growing rewards have been the subject of much after-work pub chat in the City over the past year. In the race to secure the best young talent, City law firms have obliged in style. A [...]
WHO cautions European Covid-19 cases as booster jabs make UK ‘safer’ than continent November 24, 2021 The UK’s booster programme has made the country “safer” than the rest of Europe, deputy prime minister Dominic Raab has said. His comments come as administered booster jabs pass 15.5m, as the NHS braces for what is expected to be a tough winter. “We are far more protected going into these cold months – and [...]
The City View: November 23 November 24, 2021 In today’s episode of City A.M.’s daily podcast, we talk about more fallout from the Bulb collapse, bad news from AO World for Christmas goods and reflect on the changing world of street delivery with City A.M.’s Leah Montebello.
Revolution Beauty plots US expansion as sales soar November 24, 2021 Revolution Beauty's half year results have been lifted by surging demand for makeup amid the worldwide lifting of lockdown restrictions.
Think petrol panic buying was bad? Wait til you see what’s (not) in store this Christmas November 24, 2021 It is that time of year again: ice skating, cold, clear blue skies, fairy lights decorating Oxford Street, and fears about having enough Christmas toys on the shelves. There are two key themes to this year’s scare stories. First, supply problems could lead to a deluge of children missing out on the most popular toys. [...]
Small businesses won’t survive 2022 without Christmas bumper, research shows November 24, 2021 Almost one fifth of small and medium-sized enterprises (SMEs) will not survive 2022 without a Christmas bumper period, as around 36 per cent of businesses make 20 per cent of their annual revenue during the festive period. Research from business insurance provider Simply Business has highlighted how two thirds of business owners believe a good [...]
AO World shares dive 24 per cent amid driver shortage and supply chain problems November 23, 2021 Shares in AO World plunged this morning after the company swung to a loss of £11m, as a shortage of drivers and global supply chain issues stalled growth in the UK.