Festive advertising set to reach record high this Christmas November 7, 2024 Corporate spending on advertising is set to reach a record high this Christmas as brands look to cash in on consumers’ appetite for festive storytelling. Companies are set to spend a record £10.5bn in the UK on advertising over the Christmas season, according to industry trade body the Advertising Association and data provider WARC. Many [...]
Salesforce cuts over 450 UK jobs as profit spikes November 7, 2024 The UK arm of cloud-based software giant Salesforce cut more than 450 jobs in the year its profit jumped by over 70 per cent. The London-headquartered division of the US group decreased its headcount from 3,427 to 2,964 in the 12 months to 31 January, 2024, newly-filed accounts with Companies House have revealed. The new [...]
Labour’s ‘growth’ agenda already looks like a bad joke November 7, 2024 Well, that didn’t take long to unravel: the first Labour Budget for nearly 15 years, and the first ever by a female chancellor, saw the parallels with Kwasi Kwarteng’s infamous 2022 mini-Budget emerging within hours. The comparison was misguided, although the jittery reaction of financial investors and rise in government funding costs told its own [...]
Square Mile and Me: Together’s Ryan Etchells on going from intern to CCO November 7, 2024 Each week we dig into the memory bank of the City’s great and good. Today, it's Together CCO Ryan Etchells, with a northerner's perspective on the Square Mile.
Kemi Badenoch’s Tories need a corporate overhaul November 7, 2024 Like the Manchester United owner, Kemi Badenoch must get a tarnished brand back on winning form, says John Oxley The “other” election this week may already feel like a distant memory, but for Kemi Badenoch, the work is just beginning. Winning the contest to be Leader of the Opposition may briefly feel like a triumph. [...]
Bank of England and Fed to cut interest rates despite fiscal fears November 6, 2024 The Bank held rates at its last meeting in September, but signalled that further cuts were on the way if there continued to be progress on inflation.
Get your house in order, says SFO boss as corporate fraud countdown begins November 6, 2024 Big businesses have nine months to implement fraud preventions, with the SFO boss warning "time is now running short for corporations to get their house in order".
Ahead of the Game: Trump’s pledge to LIV and PGA, Charlton eye move November 6, 2024 LIV Golf executives will be cheered by Donald Trump’s march on the White House in the belief that the former president’s second US election win would lead to the long-heralded merger with the PGA Tour finally taking place. Negotiations between the two rival tours have been taking place for over 18 months, with one of [...]
Martha Stewart Netflix documentary reveals surprising side to American icon November 5, 2024 Martha Stewart Netflix documentary review and star rating: ★★★★ Netflix have teamed up with a media mogul for the documentary Martha, chronicling the life and times of Martha Stewart. Coming from humble beginnings, the TV cook and personality would go on to become a national icon in the US before a criminal conviction forced her [...]
Hospitality bosses warn government tax hikes will hit investment November 5, 2024 According to reports, business leaders have warned the government that the tax rises announced in Labour’s Autumn budget will lead to a huge increase in costs and a fall in investment. The bosses of large retail and hospitality firms like Fuller’s, Greene King and Morrisons have warned business secretary Jonathan Reynolds that last week’s budget [...]