Badenoch: Too many British firms put virtue signalling over profit November 2, 2023 A row has broken out after Labour criticised Kemi Badenoch’s claim that businesses “fear the entrepreneurial” and focus too much on 'virtue' rather than profit
In a chaotic economy, firms hold the balance of power over staff October 31, 2023 As British workers fear for their jobs, they are less likely to fight for their employers over remote work and other concerns, writes Emma Rohsler
FCA rebukes Paypal over ‘unfair’ BNPL terms as sector braces for clampdown October 31, 2023 The Financial Conduct Authority said it has forced a number of buy-now-pay-later firms to change “potentially unfair and unclear” terms in their contracts today as it tightens the screws on firms before formally bringing the sector within its remit.
SMEs fear winter supply chain crunch could hit revenue in golden Christmas quarter October 22, 2023 Supply chain disruption is the top concern of medium-sized businesses ahead of winter, a survey has found, as rising costs put pressure on revenue targets. The poll of 500 medium-sized business leaders by consultancy BDO showed nearly a quarter fear that supply chain issues, including suppliers folding and stock shortages, could endanger revenue targets this [...]
UK economy: Retail sales crash as cost of living crunch continues to bite October 20, 2023 In an ominous sign for the UK economy, retail spending fell in September with analysts warning of a tough Christmas ahead
Ed Warner: Has Sport England’s core purpose been forgotten? October 19, 2023 Chris Boardman. Olympic cycling pursuit champion. Tour de France stage winner. Adviser to British Cycling. Head of the government’s Gear Change strategy promoting cycling and walking at Active Travel England. Founder and face of Boardman Bikes, currently owned by Halfords. You may have one in the family, perhaps a balance bike for a toddler or [...]
Thousands to march in London pro-Palestinian protest as Gaza expects invasion October 14, 2023 Thousands of people are expected to march in a pro-Palestinian demonstration in central London as police warn that anyone showing support for Hamas or deviating from the route could face arrest. The Metropolitan Police Service will deploy more than 1,000 officers to police the demonstration, in which people will be marching in solidarity with Palestine [...]
FTSE 100 close: London rises on Fed official’s comments amid Israel-Gaza uncertainty October 10, 2023 London’s FTSE 100 index soared as markets reacted well to comments by a top official at the Federal Reserve, despite ongoing uncertainty looming due to the war with Israel and Gaza. The capital’s premier bluechip index closed 1.82 per cent higher at 7,628.21, lifted by Ocado, Anglo American and Flutter. Down the most since March, [...]
This™: Plant-based protein firm backs profitability despite fears UK’s appetite for vegan food is waning October 5, 2023 The boss of plant-based protein maker This™ has insisted the firm is on track for profitability, despite fears the appetite for vegan products is fading.
Ryanair and Wizz Air numbers rubbish fears of travel slowdown October 3, 2023 Ryanair and Wizz Air reported strong passenger growth over September, despite fears in the industry of a slowdown in demand following this years' summer bonanza.