HSBC pledges not to close more branches until 2026 August 11, 2024 HSBC has pledged not to close any more of its branches until at least 2026 as regulators and politicians ramp up efforts to ensure access to cash and in-person banking services.
London could be Europe’s Hollywood – but we need to act now August 11, 2024 A backward-looking mindset is stopping London's film industry from thriving, writes Trevor Morriss
King Charles calls for unity and praises ‘community spirit’ which countered rioting August 10, 2024 King Charles offered his “heartfelt thanks” to the police for restoring order, as they continue to remain on high alert.
Inside Asda’s turnaround plan to win back customers from supermarket rivals August 9, 2024 It’s a difficult time to be at Asda’s helm – with sales down as well as competitors eating into its market share, the supermarket giant has announced an ambitious three-point turnaround plan to stave off further declines. Without a permanent CEO – the position has been empty since 2021 and filled on an interim basis [...]
Electric Guitar: Digital marketer buys data analytics firm set up by its chief August 9, 2024 Digital marketing and advertising company Electric Guitar will acquire software solutions provider Mymyne, previously set up by its chief executive. Mymyne was set up in 2019 by Electric Guitar’s chief executive, John Regan, to develop and commercialise data-related software services, with swoop is being viewed as a sign that the marketing world is moving towards [...]
Revolution Bars: Chain to close 25 sites as significant restructuring plan approved August 9, 2024 Revolution Bars’s restructuring plan has been approved by the company’s major stakeholders. In an announcement published today, the company said its plan has been sanctioned by the Court and has been supported by its lenders. The group said it would close as many as 25 bar and pub locations as part of the plan. It [...]
Danger! Labour want all our new homes to be ugly August 9, 2024 Labour thinks it's 'ridiculous' to consider beauty when building new homes and towns. That's a travesty, says James Price
How class actions became a hot trend in the UK August 8, 2024 The class action boom has made the UK a major hub for legal action - but this surge is a rising concern for business on the impacts of these mammoth claims
‘It’s not where we want to be’: Asda sales shrink as supermarket rivals eat into market share August 8, 2024 Asda’s sales have dropped again after it continued to lose market share to its supermarket rivals, according to new figures. Revenue in its second quarter of its financial year was down 2.2 per cent, with a 5.3 per cent like-for-like decline, as its sales slump accelerated. Competitors like Morrison’s, Tesco and Sainsbury’s have been slowly [...]
Derwent London upgrades rental guidance thanks to ‘world class’ London August 8, 2024 An acceleration in rental growth and a more stable investment environment has helped office giant Derwent London upgrade its rental guidance off the back of “really active demand”, its boss said. In its half-year results this morning, the FTSE 250 office specialist said its income grew but valuations continued their decline. Derwent, which owns flagship [...]