Quiz warns over ‘tough’ sales conditions as inflation weighs on shoppers July 5, 2023 Fashion chain Quiz has posted a jump in profits for the past year but cautioned over “tough” trading conditions in recent months as shoppers come under pressure from inflation. The womenswear business said it saw a “strong recovery” over the year to March but has seen sales slide more recently. Quiz recorded a 15 per [...]
Diversity without understanding the power of feelings will never work July 4, 2023 “Diversity without understanding the power of feelings will never work,” reveals Jonathan Hook, Director of Learning at CHX Performance, on the Business of Sustainability , the new podcast produced by FuturePlus in partnership with City AM. In episode 1 of the Business of Sustainability, Jonathan joined co-hosts Alex Smith and Mike Penrose alongside CHX Performance [...]
Fraud ‘epidemic’ may be even worse than figures suggest, experts warn July 4, 2023 The scale of fraud in the UK may be significantly higher than figures show, suggesting the fraud epidemic is even worse than feared, according to industry experts. Fraud has skyrocketed in recent years as a result of the rise of online payments, the pandemic and lax enforcement. Figures from UK Finance put the total lost [...]
Twitter explainer: What are rate limits and why are they causing advertising headaches July 4, 2023 Twitter advertising troubles may have gone from bad to worse after Elon Musk has put his foot in it again – this time by restricting users’ viewing limits over data concerns. On Saturday, the billionaire ex-CEO of Twitter imposed a temporary ‘rate limit’ on all users, effectively capping the number of Tweets that accounts can [...]
We need more housing and braver, bigger ideas to revive our Square Mile July 4, 2023 The Square Mile, like other financial centres, needs to attract more footfall, or it will become a ghost town. The power is in local politicians' hands, they just have to be brave, writes Adam Hawksbee
Just Stop Oil protesters disrupt London Pride over ‘high-polluting’ sponsors July 1, 2023 Just Stop Oil protesters have disrupted London’s Pride march in protest over the parade accepting sponsorship money from “high-polluting industries”.
Starling Bank: Five things that defined Anne Boden’s time at the top June 30, 2023 The chief and founder of digital lender Starling Bank Anne Boden will hand over the reins to her number two today as she steps back from the top job after nine years. Boden has undoubtedly blazed a trail in British banking. The Swansea native remains the only woman to have launched a bank in the [...]
Yes, we should be building more tall buildings in London June 30, 2023 There’s no point opposing tall buildings for a place like London if we want people to move here and grow the city, writes Akhila Jayaram
Square Mile and Me: Allica Bank’s Kate Valdar on start-ups, long lunches and Costa Rica June 29, 2023 Each week we ask the City's movers and shakers to take us through their Square Mile journey. This week it's Kate Valdar - general counsel at SME-focussed Allica Bank - on her musical past, her time at PwC and why Costa Rica is on her bucket list
If offices still look like they’re out of an 80s sitcom, we will see more exits like HSBC June 29, 2023 The death of the office proclaimed post-pandemic is far from real; what's true is that London still lacks good quality office spaces. HSBC's change of location is proof of that, writes Gareth Lewis