Big Business needs to check its screen time and stop throwing money at trying to go viral January 18, 2023 A viral TikTok about Negroni Sbagliatos pushed up Lidl's prosecco sales, but the truly valuable viral videos are luck of the draw.
The Notebook: Neil Bennett’s Davos dispatch January 17, 2023 The Notebook is a place for interesting people to say interesting things. Today it’s the turn of Neil Bennett, Global Co-CEO of communications advisory giant H/Advisers – writing on Ukraine in Davos, Manchester United’s bold marketing strategy and why the Swiss town remains the place to be I am in Davos this week to host [...]
Morgan Stanley profits nearly halve as US bank earnings season ends without cooling recession fears January 17, 2023 Wall Street banking giant Morgan Stanley’s profits have nearly halved due to intense US recession fears and rising interest rates chilling deal making activity, the firm announced today. The lender has become the latest casualty of businesses and investors parking their money in safer places to ride out the worldwide economic slowdown. Morgan Stanley’s profits [...]
LME legal chief steps down as nickel crisis intensifies at embattled exchange January 17, 2023 The LME has announced the upcoming departure of its legal chief, in another dramatic day for the embattled trading hub.
Goldman Sachs income slides by £2bn with investment banking bearing brunt of a drop in dealmaking January 17, 2023 Goldman Sachs underperformed analyst estimates as a near halving in investment banking revenue and an expansion in loss provisions led to a steep drop in income. Profit dropped to 44% in the quarter ending 31 December 2022 compared to the same period last year. Goldman’s earnings per share slumped to $3.32, down from $10.81 last [...]
Britishvolt collapses into administration after struggling battery start-up fails to secure a buyer January 17, 2023 Britishvolt has collapsed into administration, in a hammer blow to Britain’s hopes of a building its own electric vehicle industry.
How Gaucho’s boss has turned the once-troubled steakhouse into a success story January 17, 2023 Martin Williams – the man behind M Restaurants – and his partners pulled Gaucho out of administration in 2018. Since then he’s turned the brand into one of the hospitality industry’s shining lights, with profits up and expansion continuing. We ask him how he’s done it. ASK regular restaurant-goers what their biggest bug bear is [...]
Fresh vote of confidence in North Sea oil and gas industry with bumper licensing round January 17, 2023 Over one hundred bids have been made for new projects in the North Sea, in a huge vote of confidence for the embattled industry.
To withstand future recessions, the UK needs radical supply side reform January 17, 2023 When academics write essays, they begin with an abstract that captures the causes, effects and outcomes of the economic policy change they are examining. Boosting the supply side has a pretty simple argument. Either increasing the volume or productivity of resources used to produce things makes a country richer. That’s it. Let’s take a look [...]
All aboard another year of fighting over low-traffic neighbourhoods and e-bikes January 17, 2023 Low Traffic Neighbourhoods and e-scooters will impact how we get around in London - and with transport strikes still making the headlines, it's going to be a rather interesting year, writes Claire Harding