The Notebook: Victoria Scholar on why holiday spirit isn’t enough to power airlines’ profits October 10, 2023 Where the City’s top thinkers get a few things off their chest. Today, Interactive Investor’s Victoria Scholar takes the pen. Holiday spirit not enough to power airlines’ profits Global airline capacity (number of seats offered multiplied by distance flown) is finally on track to restore its pre-pandemic levels, according to data from Circium, reported by [...]
Sex (ism) and the City: can new regulations root out the bad apples? October 10, 2023 As the FCA and PRA prepare to crack down on improper conduct in ‘the City’, what would Carrie Bradshaw make of the regulators’ latest attempt to promote healthy culture, and root out the bad guys? Jennie Clarke asks
Government must ramp up ‘spin-out’ investment to capitalise on AI boom, top chief warns October 9, 2023 Government must ramp up investment in the UK’s ‘spin-out’ ecosystem to ensure Britain capitalises on a wave of artificial intelligence research and so-called deeptech coming out of universities, a tech chief has said.
Metro Bank fundraise averts immediate threat – but what next? October 9, 2023 Metro Bank's emergency capital raise has reassured investors for the moment, but analysts warned the bank needed to develop a more convincing investment case if it is to survive.
Mary Portas: High streets need Labour to ‘breathe life’ back into them October 9, 2023 Retail guru Mary Portas said she is “absolutely confident” a Labour government would “breathe life” back into Britain’s high streets. The broadcaster was appointed by then-prime minister David Cameron to lead a review into the future of British high streets in 2011. But Ms Portas, who presented Mary Queen of Shops, said she has been “frustrated” by [...]
Labour pledges ‘fiscal lock’ to protect UK economy, says Rachel Reeves October 9, 2023 A Labour government would deliver a “new fiscal lock” to legally guarantee significant tax and spending changes must be reviewed by economic experts, Rachel Reeves has vowed. The shadow chancellor said a government led by Sir Keir Starmer would “put forward a new charter for budget responsibility” in the wake of the chaos wrought by [...]
This Lake District hotel has three incredible UK chefs and one Michelin star October 9, 2023 Three culinary hotshots are building the Lake District’s most exciting gastrotourism destination at the Gilpin Hotel, says Sophie Ibbotson It is often said that “too many cooks spoil the broth” but Gilpin Hotel & Lake House is counting on healthy rivalry to drive innovation in its kitchens. The Cumbrian hotel, which occupies a magnificent 100 [...]
Thailand holidays: be the only guests at this private Thai island resort October 9, 2023 Thailand is rethinking luxury with a new breed of private resort, finds Liz Connor The words ‘Thailand’ and ‘luxury’ aren’t always an obvious pairing. The hedonistic southern end of the country is famous for boozy full moon parties, well-trodden backpacker trails and hordes of tourists who flood to its shores to make the most of [...]
FTSE 100 close: Markets muted as airlines are hit by Israel conflict October 9, 2023 London's FTSE markets were muted on Monday as investors grappled with the implications of the surprise attack launched on Israel by Hamas.
Waitrose eyes deal with Amazon to sell groceries online in latest sales push October 9, 2023 Waitrose groceries could be sold on Amazon as part of a new deal being discussed by the upmarket grocer and delivery giant. The pair are reportedly considering the tie-up after the John Lewis-owned supermarket cut ties with Ocado nearly three years ago, according to reports published in The Telegraph. Amazon has recently struck up a [...]