Government must investigate energy pricing for businesses, urges hospitality body November 7, 2022 The boss of one of the country's leading hospitality bodies has urged the Government to look into energy pricing for commercial businesses.
Precious gems are a ‘recession resistant’ market, reveals mining boss November 7, 2022 Gemstone markets should be "recession resistant" despite the looming downturn in the global economy, predicted Gemfields.
Qatar World Cup: BrewDog slammed for ‘disingenuous’ gesture giving profits to charity November 7, 2022 BrewDog has been slammed for launching a “disingenuous” ‘anti-sponsorship’ campaign for the Qatar World Cup, donating profits to charities but continuing to show the tournament. The brand said it would show the World Cup at its outlets but “all the profits from our Lost Lager sold during the tournament going to fight human rights abuse.” [...]
Duolingo chief backs London tech scene and World Cup language boom November 7, 2022 The man behind Duolingo says he backs London as a thriving tech hub, despite concerns about digital talent gaps. Speaking with City A.M., chief executive Luis von Ahn praised the UK’s artificial intelligence capabilities, as well as its “really good universities,” explaining that the US firm was looking to grow its four-person team in the [...]
Avoiding a residential permacrisis: House-hunters better buying today than waiting for tomorrow November 4, 2022 The Bank of England has just raised interest rates to three per cent, the highest in 14 years. And this might not be the end of it. Newspapers rightly point to the challenges of such rapidly rising borrowing costs for those looking to buy or re-mortgage at the same time as so many people are [...]
Pricey embarrassment: UK employees miss out on £1.3bn in expenses to not look ‘petty’ November 4, 2022 British workers forgo claiming £1.3bn in expenses at work for fear of looking “petty” according to new research. 80 per cent miss out on unclaimed expenses amounting to around £245 a year per employee, according to Pleo. Despite the cost of living crisis biting hard for many Brits, business spending solution group Pleo found workers [...]
Scrimping and saving by culling more transport investment will hurt all of us November 4, 2022 If ministers think HS2 doesn’t work in its current planned form, why not work out a way in which it does, rather than simply abandoning it as a white elephant?
Letters: Keeping the branches up November 4, 2022 As the cost-of-living crisis bites, access to in person advice will likely increase – without it people are at risk of being left behind.
UK economy headed for record recession if rates rise sharply, BoE warns November 3, 2022 The UK economy is on course to suffer the longest recession since records began if interest rates rise sharply, triggered by a toxic mix of higher mortgage costs, prices and energy bills, the Bank of England said today. Gross domestic product (GDP) will shrink for 24 consecutive months, beginning in the early stages of next [...]
West End Christmas intake to be squeezed by pandemic and cost of living at £1.55bn November 3, 2022 West End Christmas intake is set to be a quarter up from last year but still almost 30 per cent down on pre-Covid levels. Around £1.55bn is set to be splashed out in the heart of London’s shopping district, as the capital bounces back from the pandemic in a restriction-free Christmas. The cost of living [...]