UK economy on ‘recession watch’ after unexpected contraction December 13, 2024 The UK economy shrank unexpectedly in October after a fall in production output and stagnation in the services sector ahead of the Budget. GDP fell 0.1 per cent during the month, data from the Office for National Statistics (ONS) showed. Economists had expected a return to modest growth of 0.1 per cent. It marks two [...]
The government’s industrial strategy is overlooking logistics December 13, 2024 The government has identified eight high-growth industries for priority support but they all depend on the industrial logistics sector, says James Craddock The industrial strategy green paper is a welcome declaration of intent from the government to drive productivity and economic growth over the next decade. It also offers a crucial opportunity for businesses to [...]
Orlando outside of Disney World: The Sunshine State’s other side December 12, 2024 I’m not a driver. It’s just never appealed to me and I have no interest in cars. Apart from getting behind the wheel for one or two lessons, I’ve remained a perpetual passenger for twenty years. Yet, as my friend drove us along the vast highways out of Orlando International, country music on the radio, [...]
What start-ups taught me about ambition this year December 12, 2024 Ambition AM Editor Jennifer Sieg takes a look at what she’s learned from covering the world of entrepreneurship this year I am often asked what I look for when it comes to writing about a start-up or interviewing an entrepreneur, and for quite some time I considered it to be the million dollar question. Fortunately, [...]
Diageo: Shares in FTSE 100 Guinness, Baileys and Johnnie Walker owner are staging a comeback December 12, 2024 Shares in Diageo, the giant behind Guinness, Baileys and Johnnie Walker, are staging a comeback after falling to a historic low last month. The London-headquartered group, which also has a listing on the New York Stock Exchange, has seen its share rise to 2,581p in early trading today, up 3.6 per cent. The latest price [...]
Debts to go unpaid after collapse of Simon Rimmer’s restaurant chain December 12, 2024 How much the well-known restaurant chain co-founded by celebrity chef Simon Rimmer owed when it collapsed into administration has been revealed for the first time. Vegetarian restaurant Greens first opened its doors in Didsbury, Manchester, in 1990 but was forced to close in January 2024. That closure was followed by the chain’s other site in [...]
Currys reports £32m Budget tax hit December 12, 2024 Consumer electronics retailer Currys has become the latest company to warn about the impact of Labour’s tax raid on its bottom line. In its half-year results for the six months to 26 October 2024, published this morning, management said the estimated cost of recent tax policy changes could amount to as much as £32m. The [...]
2025 will be a year of green shoots for the City December 12, 2024 Changing mood music should gradually shift sentiment in London’s favour – and with the fire power of pension funds 2025 could be a better year than the City has seen in a while, says Steven Fine In New York, investors are in bullish form. I met one very well-known player recently who nearly knocked me [...]
Best gadgets 2024: The top tech to buy this Christmas December 11, 2024 Choosing the best gadgets and new tech products can significantly enhance your lifestyle, from outdoor adventures to home offices and entertainment. This guide explores key features to look for in smartwatches, laptops and printers, along with the benefits of innovative technologies like Spatial Audio and cutting-edge processors. Whether you’re upgrading your headphones or seeking advice, [...]
Vodafone hit with £120m legal action by UK franchisees December 11, 2024 A group of Vodafone franchisees across the UK have launched a multi-million pound legal action against the telecoms giant over "bad faith" business practices