Sadiq Khan criticised for £512m spending boost ahead of election January 18, 2024 Sadiq Khan has been criticised for a pledging £512m spending boost in his draft City Hall budget for next year ahead of the mayoral elections.
UK nightlife and hospitality ‘teetering on brink’ of collapse as government intervention urged January 17, 2024 The UK’s hospitality and nightlife sector is “teetering on the brink” of collapse, industry voices have warned, after a number of high profile closures have piled pressure on the government to provide more support. Less than a month into the new year, it has been reported that up to 43 hospitality venues across Britain face [...]
Childcare costs mean it makes ‘no financial sense for many mothers to work’: official report January 17, 2024 London’s economy could be being held back by around £5bn a year due to issues with childcare costs and shortages.
The Debate: Should the next government build more new towns? January 17, 2024 We are in the midst of a housing crisis and Labour has committed to a programme of new towns - so should the UK build more Peterboroughs and Stoke on Trents?
Cutting wages is a short-sighted solution to hospitality’s woes January 17, 2024 The hospitality sector is under pressure, but foregoing fair pay is not a long-term solution, writes Andrea Rasca.
Princes falls to £50m loss and makes further redundancies as potential sale looms January 16, 2024 Food giant Princes cut over 150 jobs while slipping to a loss of more than £50m despite its revenue rising by £300m, new documents have revealed.
Ocado: Marks-linked grocery tech giant cheers bumper online Christmas orders January 16, 2024 Ocado Retail, the grocery delivery service owned in a joint venture with Marks and Spencer, said it would return to positive EBITDA for the full year, as customers fall back in favour with the brand
Brewdog’s CEO James Watt hits back at ‘ridiculous levels of criticism’ following wages change January 15, 2024 The chief executive of Brewdog has hit back at the "ridiculous levels of criticism" his company received following the news that it would no longer be paying staff the ‘real’ living wage.
In The Style: Why fast-fashion brand once worth over £100m was forced to sell itself in cut-price deal January 15, 2024 The full financial challenges that faced fast-fashion brand In The Style before it was forced to sell itself to avoid administration have been revealed for the first time.
Fragrance Direct predicts return to growth after ‘challenging year’ January 15, 2024 Fragrance Direct has said it expects its performance to improve over the coming months after blaming its fall in sales on a number of factors including the cost-of-living crisis.