Primark website crashes on first day of click and collect trial November 14, 2022 Primark’s first foray into online shopping hit a hurdle on Monday morning as the high street name’s website crashed. The budget apparel seller has launched a trial in 25 stores in north-west England and north Wales, for children’s clothes to begin with. “We’re working hard to address this to ensure that everyone can access and [...]
A call to arms: where will we find tomorrow’s bright Whitehall leaders? November 14, 2022 It is one of the most common, and pointed, criticisms of government in this country now that we are not finding leaders properly equipped to take the United Kingdom into the middle of the 21st century. For all his sociopathic behaviour and sheer oddness, it was the mission of Dominic Cummings to solve that problem, [...]
Retailers balance ‘sadvertising’ and festive joy in this year’s Christmas adverts November 13, 2022 Retailers have faced pressure this year to put out adverts that not only have a feel good factor, but also do good. Against the backdrop of a gloomy winter, where many families will be forced to cut back on Christmas celebrations and gifts in order to keep the fridge stocked and heating on, getting the [...]
Exclusive: North Sea firms urge Government to protect investment relief as windfall tax hike looms November 12, 2022 North Sea oil and gas producers are urging Government to ensure investment relief is continued in line with any windfall tax expansion.
Octopus pushes for Bulb deal after approval delayed by rivals’ intervention November 11, 2022 Further delays in the sale of Bulb Energy are not in the interests of customers or the British taxpayer, argued incoming buyer Octopus Energy.
Financial Markets Wrap-Up November 11, 2022 Well, were at the end of another interesting week of trading. We started the week with some poor Chinese trade data, coupled with a back track on rumours from the previous week that covid restrictions would be loosened which kicked us off with a slightly negative start but the action for the week was never [...]
‘I f****d up’: FTX founder scrambles for cash as Bahamas regulator freezes assets November 11, 2022 The founder of crypto exchange FTX admitted he “f*cked up” yesterday as his firm scrambles to raise emergency funds and stave off a collapse that could spark contagion across the industry.
Truss’ growth diagnosis was the right one November 10, 2022 One of the tragedies, if that’s the right word, of Liz Truss’ demise is that her key economic observation – that Britain isn’t growing quickly enough – may well be lost to history, discredited thanks to the cack-handed way in which she and her Chancellor attempted to address it. The noises-off from the new administration [...]
Rail strikes ‘cost £500m to the economy’ as Nightcap boss says action ‘decimating’ bars November 10, 2022 Ongoing railway strikes have cost the UK economy £500m this year, with businesses pleading with unions and bosses to find a solution to the disruption. “If we don’t get the services restored I’m worried people will give up on rail,” newly-appointed rail minister Huw Merriman told the Railway Industry Association’s conference on Thursday. “That would [...]
Markets cheer US inflation slowdown as Nasdaq flies over five per cent November 10, 2022 Global markets have cheered signs that US inflation is falling much faster than experts expected, dialling down pressure on the Federal Reserve to keep hiking interest rates aggressively. Wall Street’s tech-heavy Nasdaq index flew more than five per cent, while the S&P 500 and Dow Jones shot up more than four per cent and nearly [...]