Boris Johnson to host drinks with Tory MPs in bid to improve relations November 23, 2021 Boris Johnson will tonight hold a drinks reception with Tory MPs that were first elected in the 2015 and 2017 elections in a bid to improve faltering relations with his backbenchers. Johnson will welcome the MPs to Downing Street, just a day after he was widely criticised by MPs in his own party for a [...]
Downing Street signals it is prepared to tear up Northern Ireland’s Brexit deal November 23, 2021 Downing Street said late last night the UK government is prepared to consider tearing up elements of Northern Ireland’s Brexit deal, despite a Cabinet minister insisting the option would not be used before Christmas. Number 10 said there was no timetable for whether or not it would unilaterally use the powers under Article 16 of [...]
Zoom shares drop after it reports slowing momentum as Covid demand eases November 23, 2021 Zoom's third-quarter revenue growth rate slowed to 35 per cent as demand for its video-conferencing tools eased from the pandemic-fueled heights last year, sending its shares down about 6 per cent.
Tory MPs pan ‘appalling’ Boris Johnson speech to business bosses at the CBI November 22, 2021 Tory MPs have widely criticised Boris Johnson’s speech today at a major business conference, after the Prime Minister compared himself to Moses, spoke at length about Peppa Pig World and lost his place for 20 seconds. Conservative MPs were quick to express their dismay with the speech on WhatsApp groups across Westminster, with one minister [...]
London recovery: West End busier than week before as shoppers get into Christmas spirit November 22, 2021 Central London was busier last week than the previous week, as shoppers got into the festive spirit. Shopping destinations including Oxford Street and Regent Street saw an 8.3 per cent boost to footfall, in the week beginning 14 November. In a further endorsement for the City’s rebound, London’s office hubs were also busier than the [...]
Every man wants an Everyman: group forecasts booming profits November 22, 2021 The owner of Everyman cinemas has forecasted higher profits, thanks to a good “appetite” for high-end cinemas.
City rumour mill grinds around possible mega private equity offer for Marks & Spencer November 22, 2021 As shoppers prepare for a black Friday spree, the bargain hunt for good value UK companies continues for private equity firms. The rumour mills are now grinding around a possible bid by Apollo Global Management for UK high street staple Marks & Spencer, sending shares 3 per cent higher in early trade. The New York-based private equity giant [...]
Boris Johnson ‘prophesises’ mass return of office working at CBI conference November 22, 2021 Boris Johnson has “prophesised” a mass return of workers to city centres and office blocks, saying that there are “sound evolutionary reasons why mother nature does not like working from home”. Johnson said – in a bizarre speech that referenced Pippa Pig World and saw the Prime Minister lose his place for 20 seconds – [...]
New York-based Apollo Global Management mulls buyout of Marks & Spencer November 22, 2021 Private equity giant Apollo Global Management is reportedly mulling a buyout of UK high street staple Marks & Spencer.
Neglecting parts of the UK has led to ‘branch line’ economy, warns CBI chief November 22, 2021 A leading business group warned this morning that parts of the UK have been neglected over decades, leading to a “branch line” economy. The CBI said delivering economic growth across the country will be the determining factor in whether the Government’s levelling up agenda will be a success. Director general Tony Danker said clusters of [...]