Golden opportunity: Hochschild Mining acquires Brazil-focused firm for $105m November 30, 2021 Hochschild Mining has acquired a long-life gold asset in a Brazil-focused firm following its recent political difficulties in Peru.
Half of UK businesses to increase prices as supply and labour costs rise November 30, 2021 Half of UK businesses expect to raise prices as the economy faces higher labour and supply chain costs according to Lloyds Bank.
Moderna CEO casts doubts on vaccine efficacy for Omicron Covid variant: Oil slumps and jittery Asian markets down November 30, 2021 Moderna CEO Stephane Bancel told the FT that existing vaccines would struggle with the Omicron variant and warned it would take months for pharmaceutical companies to manufacture enough jabs at a sufficient scale to make a difference. His tone contrasts with the likes of Pfizer and BioNTech, which had earlier suggested any new vaccine would [...]
Organisational culture: values must be lived for trust to exist November 30, 2021 It is the values and behaviours of individuals that determines the culture within an organisation. If individuals live up to their organisation’s published values this will engender trust among stakeholders. In recent times there has been a decline in public trust and an increase in public scepticism, not just in business but in many of [...]
Leading UK businesses hand over half of their income to government through taxes November 30, 2021 The UK’s leading businesses are handing over half of the money they generate to the government in taxes, according to a fresh study published today. FTSE 100 companies gave up 53.2 per cent of their income to the public coffers last year, illuminating the heavy tax burden British businesses are being shackled with. Over one [...]
DX Group shares regain some ground after activist fund Gatemore builds stake and demands seat on board November 29, 2021 AIM-listed delivery company DX Group’s shares jumped as much as 13 per cent today after activist fund Gatemore Capital Management sent a letter to the company announcing it had built a substantial stake and requested a seat on its board. In a letter to DX Group’s board members this morning, Gatemore said it had accumulated [...]
Covid booster jabs rolled out to over 18s amid omicron variant fears November 29, 2021 Booster jabs will now be offered to all over 18s the government’s Joint Committee on Vaccinations and Immunisations said.
Travelodge revenue boosted by staycations despite drop in ‘white collar demand’ November 29, 2021 Travelodge has reported buoyant third quarter results thanks to staycations helping to offset subdued corporate demand. Total revenue for the quarter ended 30 September was up 9.9 per cent compared to 2019, hitting £229.5m. Revenue per available room (RevPAR) rose 11.8 per cent to £53.54, compared to £47.89 in 2019. The budget hotel chain saw [...]
Guernsey issues first cannabis growing license to 4C Labs November 29, 2021 Guernsey has issued its first license giving business 4C LABS the green light to grow cannabis and build a state of the art cultivation site.
Gambian ambassador found guilty of withholding pensions information from TPR and ordered to pay £80k November 29, 2021 An ambassador has been ordered to pay more than £80,000 after being found guilty of withholding information from The Pensions Regulator (TPR). Vincent Bootes was tried in his absence at Brighton Magistrates’ Court late on Friday in a prosecution brought by TPR over allegations he failed to comply with two notices issued under section 72 [...]