BBC to cut hundreds more jobs over next two years July 23, 2024 The BBC has announced plans to make a net reduction of 500 full-time roles over the next two years as it continues its move outside of London.
Fuller’s pub chain optimistic on easing inflation and urges business rates cut July 23, 2024 Fuller Smith & Turner has continued its strong recovery. The pub chain said sales at the London-listed company grew by 5.3 per cent for the first 16 weeks of the financial year, boosted by major events including the Euro football championships. At the beginning of June the company said like-for-like sales in the 52 weeks [...]
IBM: AI demand boosts UK profit by more than £100m July 23, 2024 Demand for IBM's AI and hybrid cloud services helped profit at its UK arm surge by more than £100m in 2023, it has been revealed.
Diriyah: The Birthplace Of Saudi Arabia Will Be A Centre of Cultural Excellence July 23, 2024 Diriyah is one of a number of extraordinary giga-projects funded by Saudi Arabia’s Public Investment Fund. Kiran Haslam, Chief Marketing Officer at Diriyah Company, tells Inside Saudi why Diriyah will be a centre of cultural, artistic and entertainment excellence. Could you start by telling us about your role as Chief Marketing Officer at Diriyah Company [...]
Eagle Eye: Lucrative Tesco and Morrisons deals boost loyalty scheme specialist’s revenue July 23, 2024 Lucrative contracts with the likes of Tesco and Morrisons and a pitch win with the bookseller Waterstones helped personalised marketing firm Eagle Eye to rake in bumper revenue and bolster its cash position, its latest results showed.
SThree bucks recruitment sector struggles and hikes dividend July 23, 2024 City recruiter Sthree's focus on industries where talent is in high demand helped it to outperform many of its peers in a half year earnings update in which it posted rising profit and earnings per share despite falling fees and revenue.
Compass: Return to office and university helps catering giant to double-digit growth July 23, 2024 Catering company Compass has reported double digit growth in the third quarter of 2024 as it looks to expand past North America and the UK. Revenue in Europe led with 12 per cent growth, while in North America it grew by 9.9 per cent and in the rest of the world grew by 8.5 per [...]
Warehouse REIT reports double-digit rental growth as race for space heats up July 23, 2024 Warehouse REIT was able to push through average rent hikes of more than 15 per cent over the last quarter, but the trust’s stock price has failed to keep up. In a quarterly trading update, the trust said it had inked 12 new lettings during the second quarter of this year, bringing in £515,000, a [...]
Explainer: Why has an iron curtain been erected in central Paris? July 23, 2024 Olympic security has barricaded central Paris off to all but a few residents who must show QR codes to get through armed checkpoints It’s like a crime scene. Metal fences have been erected, paths cleared and restaurants lie empty. The barricades are being likened to an iron curtain and – in a level of security [...]
Luxury faces a reckoning: What do Gucci, Burberry and LVMH need to do to survive? July 23, 2024 The post-pandemic luxury market was unstoppable. Record profits driven by China’s reopening and the revenge-on-lockdown ‘urge to splurge’ sent profits at all the major luxury brands to unbelievable highs. Briefly, it looked as though the upswing was going to stick, with pundits – and papers – asking if it would ever end. Now, results season [...]