Revolution Bars cuts losses as young people revive bar chain after Covid-19 revenue drop November 16, 2021 Revolution Bars Group’s (Revolution) revenues are being revived by the return of its young customer base, as it looks to recover from a brutal drop in sales. Sales plummeted by nearly two-thirds this year, falling from £110.1m in the previous year to £39.4m. The premium bar chain suffered restrictions or closures every day during its [...]
Retirement gap: Women must save £185,000 more November 16, 2021 Young women need to save an extra £185,000 to reach the same retirement income as men, says a report published today. The annual Scottish Widows report found that while men currently in their 20s will have saved £350,000 by retirement, women will have only saved £250,000. Coupled with the fact that women on average live [...]
Almost half of women experience cyberbullying via social media November 16, 2021 Almost half of all women and one third of all men claim to have experienced cyberbullying via social media direct message.
No bitcoin believer: Bank of England rate setter warns of imminent danger of crypto assets November 16, 2021 A member of the Bank of England’s rate setting committee has warned the possibility of crypto assets derailing the financial system is ramping up. “The point at which [crypto assets] pose a risk is getting closer. I think regulators and legislators need to think hard about that,” Jon Cunliffe, deputy governor of financial stability at [...]
UK calls for ‘constructive’ work with France on migrant crisis November 15, 2021 The UK government has said it wants to work “constructively” with France to tackle the migrant crisis. It comes as a record number of people, 1,185, arrived on the country’s shores last week, according to PA data, which forms part of the more than 23,500 people that have risked the Channel and made it to [...]
Exclusive: LSE’s AIM sub-market sees its biggest growth in 15 years November 15, 2021 The AIM market has grown by a net 13 companies in since last year, its largest increase in 15 years with 62 new companies listing on the junior market, according to data that was exclusively shared with City A.M. this morning. Currently, there are 750 companies listed on AIM, which experienced an overall 8 per [...]
Young people four times more likely to watch TV with subtitles November 15, 2021 According to research by captioning charity Stagetext, four out of five viewers aged 18-25 said they use subtitles all or part of the time when watching TV.
Christmas parties get the chop at London firms November 14, 2021 City bosses have cancelled their traditional Christmas parties for a second year running over Covid fears. Blowout Christmas celebrations usually held by London’s accounting, insurance and law firms will be scrapped in favour of smaller dinners and events for individual teams the Telegraph first reported. Despite large gatherings being allowed under current Covid rules, top [...]
COP26 done and dusted: What big names make of the Glasgow Climate Pact November 14, 2021 The Glasgow Climate Pact has received a mixed reaction from both those involved and observers. Political leaders, activists and big NGOs expressed disappointment at the lack of ambition on phasing out fossil fuels and climate finance, but there was general consensus that 1.5C is still within reach. Here’s what some of the big names had [...]
Durham University defends training offered to students who work in sex industry November 12, 2021 Durham University said it was acting responsibly by offering students advice on how to stay safe in sex work, after Higher and Further Education Minister Michelle Donelan said she was “deeply concerned” by the move. University bosses defended their decision to offer training sessions to help students who have become involved in sex work. Last [...]