Manufacturing output sinks at fastest rate since early months of Covid pandemic September 1, 2022 Manufacturing production and new orders in the UK slumped last month, sinking at the fastest rate since since the early months of the Covid pandemic two years ago. Firms are experiencing a downturn in the sector, as manufacturers have been hit with a reversal in new orders from domestic and overseas customers. Headwinds have been [...]
EU considers bloc-wide tax on energy prices as winter crisis deepens September 1, 2022 The EU could bring in a bloc-wide tax on energy profits and cap prices as it ramps up its response to an escalating winter crisis.
Khan pumps fresh cash into London creatives as energy bills spiral September 1, 2022 The Mayor of London Sadiq Khan has pledged £1.2m to help creative workspaces in London to become greener and more energy efficient.
Bitcoin flat, but will September bring improved fortunes? September 1, 2022 The price of Bitcoin has fallen below $19,900 this morning - a drop of 1.62 per cent since this time yesterday.
Bitcoin price holding above $20k as financial markets continue to look shaky August 31, 2022 The price of Bitcoin has dipped again slightly over the past 24 hours, but is still managing to hold above $20k this morning.
Arrange a complimentary strategic review August 31, 2022 CEOs say that complexity is their company’s biggest obstacle when it comes to implementing strategy, with an average success rate of strategic execution as low as 50%, reports 1ovmany. Through its consultancy work, 1ovmany has observed that the main barriers contributing to this (and therefore hindering organisational growth) are unsynchronised teams, slow response to change [...]
Pubs and restaurants face ‘widespread business failure’ in absence of energy bill support August 30, 2022 Pubs and restaurants are facing “widespread business failure” in the absence of government support as energy bills swell, hospitality chiefs have said. In a letter to ministers, UKHospitality has warned that tens of thousands of jobs could be lost as the UK enters the colder months, as businesses are hit with increasing headwinds. Writing to [...]
London’s FTSE 100 gives up early gains as investors fret over looming downturn August 30, 2022 London’s FTSE 100 today initially batted away fears of a tough recession in the UK, before giving up gains later in the day. The capital’s premier index fell 0.88 per cent to 7,361.63 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, shed 0.1 per [...]
Live music faces ‘existential threat’ as energy crisis dawns August 30, 2022 The music business has warned that venues and studios are in the midst of an “existential threat” amid the energy crisis and lack of support.
Gopuff to boost UK focus as rapid grocery app prepares to leave Spain August 30, 2022 Rapid delivery platform Gopuff intends to amp up its focus on the UK as it departs Spain, in an endeavour to close in on profitability. The start-up is intending to slim its operations, a source familiar with the matter told Bloomberg yesterday. However, the UK is one of the platform’s fastest growing markets, with revenue [...]