Luxury shoppers switch to second hand Rolexes because wait time is too long November 7, 2023 Impatient luxury shoppers are opting to buy refurbished Rolexes because the wait list for a brand new five-figure watch is too long, the chief executive of Watches of Switzerland has said. Brain Duffy, who heads up the designer store, said the growing trend amongst consumers to purchase a refurbished model of the pricey status symbol [...]
State of the City: Is red tape holding back the Square Mile? November 7, 2023 Regulators and officials have been hoping to boost London's appeal on the global stage - but it has been a bruising year for the City.
Klarna boss: My three conditions for an IPO – and no, I won’t tell you where November 7, 2023 The boss of Klarna has said he has “three tick boxes” for the firm ahead of a public listing, all of which have now been met, as the Swedish fintech looks to revive its plans for a blockbuster IPO as soon as next year.
Christmas fear for UK restaurateurs as Brits cut back on dining out to heat their house November 7, 2023 In the run up to Christmas, 56 per cent of respondents said they would cut back on eating out at restaurants
An easy pill to swallow: Meet the entrepreneur making pill boxes cool November 7, 2023 Lucy Rout needed something stylish to keep her medication to hand. She couldn’t find it, she tells Jennifer Sieg – so she launched Tabuu herself. Lucy Rout had one mission when on her route to entrepreneurship: to open up conversation around medication. After being diagnosed with pancreatic cancer at the age of 25, Rout realised [...]
The Conservatives need to embrace a capitalism that serves young Britons November 7, 2023 Michael Gove and Paul Marshall are paving a new direction for capitalism that the Conservatives would do well to follow, writes Adam Hawksbee.
Over 100 UK companies admit to breaching Russia sanctions November 6, 2023 Nearly 130 UK companies have admitted to breaching Russia-related sanctions, new data has revealed, raising the prospect of a wave of corporate penalties being issued by the UK's sanctions enforcement agency.
Corporate Slavery & India November 6, 2023 “Indians work longer hours per year (~2000) than USA, Brazil and Germany” said a report published by the ILO; but Narayan Murthy does not believe it. Last week, in a podcast, founder and Ex-CEO of Infosys, Narayan Murthy (hailed as the father of the 24-hour workday on Infosys website) suggested that Indian youth should work [...]
Klarna swings into profit as bosses plot blockbuster IPO November 6, 2023 Buy-now pay-later firm Klarna has swung into the black for the first full quarter in four years after rolling out a major cost-cutting programme and slashing the amount of borrowers defaulting on their debts.
Prudential: Hong Kong drives new business profits up 37 per cent as Asia strategy credited November 6, 2023 Insurance giant Prudential’s new business profit rose to ($2,14bn) £1.7bn in third quarter, which was a 37 per cent increase on the same period for 2022 as the firm credits its new strategy. Prudential said its Hong Kong arm led the surge, but it also increased sales to both Chinese mainland visitors and domestic customers [...]