Silvergate Bank: Smoke on the water turns to fire in the sky March 9, 2023 Auditchain's Jason Meyers casts a critical eye over events leading up to Silvergate Bank winding down its operations.
Mystic Meg: 5 amazing facts about the late TV psychic March 9, 2023 Mystic Meg, who came to define the image of the psychic for British audiences, has passed away aged 80. Meg has passed away after a short illness, following a career which peaked in popularity during the wave of interest in psychics in the 1980s, and she continued to make her predictions until this month, publishing [...]
Domino’s grabs slice of the action: Digital drive and World Cup orders help pizza maker shrug off inflation and recession fears March 9, 2023 Fast-food giant Domino’s Pizza pulled through 2022 relatively unscathed with marginally lower profit, as a partnership with Just Eat and the Football World Cup boosted orders. The pizza delivery favourite reported system sales of £1.46bn in 2022, slightly down from the previous year’s £1.49bn. Its group revenue was at £600m, up on last year’s £560m, [...]
Citizens Advice calls for better use of personal data to create social tariff March 8, 2023 The government should use Brits' personal data about income tax rates and energy usage to create a new social tariff, argues Citizens Advice.
Hugh Jackman, 54 shares 6,000 calorie diet as he trains for Wolverine March 8, 2023 Hugh Jackman might be 54 but he’s taking no shortcuts as he trains to play Wolverine again. Jackman is “bulking” by eating food that’s heavy with protein ahead of filming for the third instalment of the Deadpool franchise which starts later this year. Taking to Twitter, Jackman shared a photo of a collection of carefully [...]
Retail sales: Shoppers feeling the love in lead up to Valentine’s Day not enough to protect sector from ‘volatile trading conditions’ March 7, 2023 Shoppers scrambling for gifts in the lead up to Valentine’s Day helped boost retail sales in February, however the sector has warned that it’s still facing “volatile trading conditions”. According to figures published by the British Retail Consortium (BRC), UK total retail sales increased by 5.2 per cent in February as consumers showed they were [...]
A decentralised world brings economic efficiency, economic proficiency, stability, and peace of mind – Part 1 March 6, 2023 In a two-part series, Dr Chris Kacher examines and explains how a decentralised world could work - part one is about the metaverse.
JustEat: Takeaway orders tumble due to spending pullback but profit outlook raised March 1, 2023 Online food delivery firm Just Eat Takeaway.com has said it returned to underlying earnings last year and expects to remain profitable in 2023 despite seeing a drop in orders as customers cut back. The Amsterdam-based group swung to underlying earnings of 19 million euros (£16.7 million) last year from losses of 350 million euros (£308 [...]
In Defence of Capitalism: Why free markets can keep driving billions out of hunger and poverty March 1, 2023 In the first of an eight part series, the historian and sociologist Dr Rainer Zitelmann writes for City A.M. in defence of capitalism, arguing that freer markets are usually the answer to society’s problems, not the cause. Each week he will ‘myth-bust’ the common complaints about capitalism – and this week, it’s that capitalism is [...]
Ocado not for you: Three reasons why online grocer’s results may not be as bad as they seem February 28, 2023 Ocado’s crown as the online food retailer which keeps the middle classes stocked in organic essentials has been threatening to slip for a while now. As one of the companies which sits at the ‘higher-end’ of the online supermarket price point the rising cost of living, not to mention higher mortgage interest rates, was expected [...]