Pubs lament ‘dreadfully disappointing December’ but toast rebounding January sales January 13, 2022 Pubs and restaurants were knocked back by low trade over the Christmas period, although rebounding sales in recent days have offered a ray of hope for the beleaguered sector. Sales in pubs, restaurants and bars were down 60 per cent on Christmas Day on pre-Covid levels, according to data from UKHospitality and CGA. Transactions were [...]
‘The time is now right’: NatWest creates new digital team in blockchain push January 13, 2022 Natwest has launched a new digital team within its capital markets business to expand the bank's use of blockchain technology.
Demand for staff swelling: Frantic recruitment efforts as vacancies climb but job candidates dry up January 13, 2022 Demand for staff is growing across the country amid a continued fall in the number of candidates for jobs, new research suggests. Recruiters warned this morning they are placing record numbers of permanent and temporary workers into jobs as demand for staff continues to grow across the country. Meanwhile, the number of available job candidates [...]
All Bar One owner reveals sales slump as Omicron keeps drinkers away January 13, 2022 All Bar One owner has revealed a slump in sales in the final eight weeks of 2021.
Persimmon hires new chief finance officer as house builder’s revenue climbs to £3.61bn January 13, 2022 House building firm Persimmon has appointed Jason Windsor as its new Chief Financial Officer as the company aims to be “the leading builder of good value, quality family homes in the UK”.
Expected 50 per cent hike in energy bills may trigger ‘devastating’ national emergency for millions of older Brits January 13, 2022 An anticipated price jump of about 50 per cent for energy bills across the country, likely from April onwards, can lead to a national emergency for millions of older people, a charity warned this morning. Age UK has urged ministers to take immediate and decisive action on energy bills to “mitigate the potentially devastating impact [...]
Employers still bumping pay despite labour squeeze cooling January 13, 2022 Employers in London and across the UK are still having to offer attractive pay packets to lure workers despite the labour squeeze easing, reveal fresh figures released today. The rate of decrease in the pool of available candidates slowed at the tail end of last year, boosting labour supply, according to research carried out by [...]
City blows away gloomy Brexit forecasts as profits soar at fastest rate since 2015 January 13, 2022 The City is blowing gloomy forecasts that Brexit would hit its financial services industry out of the water, reveals a fresh study released today. Profits at the Square Mile’s biggest banks, brokers and insurers are accelerating at the hottest pace since before Brexit, according to the UK’s leading business group. City firms’ resurgence will help [...]
Savills reports ‘extraordinarily strong’ trading as shares jump eight per cent January 12, 2022 UK estate agent Savills has seen its share price soar after it lifted profit guidance for 2021 amid "extraordinarily strong" trading.
UK households face biggest decline in available cash for eight years January 12, 2022 UK households are feeling the pinch as energy bills soar, the cost of living rises and Covid-19 restrictions continue to impact business.