Darktrace lowers earnings forecast as sales commission changes September 6, 2023 "The macro-economic backdrop has been a headwind for many businesses over the past year, and we have not been immune from its impact," said chief executive Poppy Gustafsson.
Halfords revenues rise as consumers sniff out budget auto care September 6, 2023 Halfords reported a 14.1 per cent hike in revenue for the first five months of the year as the retailer was bolstered by demand for “basic needs” services such as motoring. The motoring and cycling retailer said that revenue in its autocentres division grew 34.6 per cent and retail rose 3.7 per cent. Halfords has [...]
The Notebook: Tim Rodber on the office of the future, English rugby’s warm-up campaign and the biggest workplace trend September 6, 2023 Tim Rodber is CEO of The Instant Group, a workspace consultancy, and played rugby union for Northampton, England and the Lions The future office exists, but it’s had a makeover We are in the midst of a workplace revolution and the traditional world of office landlords and tenants operating in an almost feudal relationship is [...]
N Brown: Online retailers will ‘kick on’ again in new year following cost of living lull September 5, 2023 N Brown chief executive Steve Johnson said he expects online retailers to “kick on” again in the new year, following a lull period driven partly by customers returning to physical stores in order to shop around amid the cost of living crisis. Speaking to City A.M., Johnson, who heads up the business behind popular online [...]
Darren Jones: Keir Starmer moves rising star to Labour’s shadow treasury team September 4, 2023 Labour MP Darren Jones has been appointed shadow chief secretary to the treasury, in Sir Keir Starmer’s reshuffle of his top team. Jones made headlines and viral TikToks as he clashed with Royal Mail, Amazon and P&O bosses in his role as business and trade select committee (BTC) chairman. He will now serve alongside shadow [...]
Angela Rayner promoted to shadow levelling up secretary as Starmer reshuffles top team September 4, 2023 Labour’s deputy leader Angela Rayner has secured a promotion to shadow secretary of state for levelling up in a reshuffle of Sir Keir Starmer’s front bench. Rayner, who was independently elected deputy party leader by the membership, has been moved from shadow secretary for the cabinet office and also given the title of shadow deputy [...]
Grant Shapps’ fight will be protecting spending for a shrinking British Army September 4, 2023 Grant Shapps didn't get an easy gig as the new defence secretary: he'll have to protect defence spending while dealing with the smallest Army we've had for centuries, writes Eliot Wilson
What to expect from our MPs before the end of the year September 4, 2023 The long weeks of parliamentary recess for MPs have finally drawn to a close. Next year's election campaign has already begun.
Doomsayers ‘proved wrong’: UK had third-fastest Covid recovery in G7, revised GDP data now shows September 1, 2023 New figures show the UK economy bounced back from the pandemic faster than had been thought.
BAE: British weapons maker launches in Ukraine and pens deals with Kyiv to help fight Kremlin September 1, 2023 British arms manufacturer BAE Systems has launched a legal entity in Ukraine and signed deals to help provide Kyiv with defence weapons and equipment. The firm said it will work directly with Ukraine on securing partnerships to produce 105mm light guns – artillery weapons. BAE is the biggest defence contractor in the UK and has [...]