Train operators given ‘revised mandate’ for latest union talks, Mark Harper says January 15, 2023 Train company bosses will be working with a “revised mandate” which could include a better pay offer as they enter the latest round of talks with unions, the transport secretary has suggested. Mark Harper said train operators have been given his “permission” to make a new offer to the trade unions. The minister claimed he [...]
Debt write-off for Matalan but founder Hargreaves on his way out January 15, 2023 Bruised and battered retailer Matalan is set to tell markets tomorrow it has been rescued by a debt-for-equity swap with its lenders, according to a host of news reports this weekend. Founder John Hargreaves, who founded the fashion firm some forty years ago, is set to lose control of the firm despite his own last-minute [...]
Sport on the TV: Football and rugby, plus Netflix and Apple documentaries January 13, 2023 This weekend sees the return of Premier League football and European rugby, as well as a number of exciting sporting documentaries to feast upon. Here’s the five things to add into your sports schedule this weekend. Football: Tottenham v Arsenal, Sunday After a week of FA Cup and League Cup action the Premier League returns [...]
Show us the money: landlords need to fix their freezing properties January 13, 2023 Sky high rents and even higher energy prices. Homeowners have a reason to make their houses energy efficient, but landlords don't care what their tenants' bills are, Sam Robinson looks at the conundrum for rental properties.
Marks & Spencer’s top 10 festive favourites: slow-cooked turkey, shortbread snow globes, light-up gin and shapewear to hold it in! January 12, 2023 Marks and Spencer saw a record Christmas trade during the latest festive period, with a record £80m sales alone on 23 December, the last Friday before Christmas. Incoming CEO Stuart Machin can also take comfort in a 7.2 per cent rise in the clothing and home category to £3.6bn. But it was the retailer’s Christmas [...]
Ban forced prepayment meters says Citizens Advice as 160,000 Brits struggling to pay energy bills face compulsory switch January 12, 2023 Forced prepayment meter installations should be banned until new protections are introduced, argues Citizens Advice.
Mark Kleinman: My bold predictions for 2023 in the City – from Natwest to Spurs January 11, 2023 After the political and economic events of 2022, the idea of being able to predict anything with confidence seems even more outlandish than usual. Nevertheless, with the UK economy precariously balanced less than two years before a general election, these seem – in early January – to be sensible bets for UK plc in 2023. [...]
Global cost-of-living crisis risks ‘dire consequences’ for planet as firms ditch climate concerns January 11, 2023 The global cost-of-living crisis threatens to railroad efforts to combat climate change, “potentially leading to dire planetary and societal consequences,” the World Economic Forum (WEF) warned today. Soaring energy and food prices are forcing governments and private businesses to turn to cheaper, often dirtier resources to produce goods and services. As a result, “the risks [...]
What’s the best way to make up for the metals supply shortfall? Look down. January 11, 2023 It’s been a rough couple of years for metal producers. Sky-high demand, factory closures, and supply chain disruption have resulted in a shortfall in supply. A quick post-Covid bounce back in demand should’ve resulted in producers scaling production back up to meet demand. However… Inflation has taken hold of every industry worldwide: the cost of [...]
Fintech expert Wooller joins Coincover as Business Unit Director January 11, 2023 Prominent fintech expert Katherine Wooller has been appointed as Business Unit Director at Cardiff-based Coincover.