Odeon sees Christmas boom as Avatar 2 lures Brits back to the big screen January 5, 2023 Odeon, the UK’s largest cinema chain, welcomed over a million viewers during Christmas thanks to the much anticipated Avatar sequel. Cinemas in the UK have started 2023 on a high note after two rough years, according to new numbers released by Odeon. The return of viewers to the big screen was credited to the release [...]
Tech layoffs: Another US giant announces plans to slash headcount by 10 per cent January 4, 2023 Salesforce said on Wednesday it would lay off about 10 per cent of its employees and close some offices, becoming the latest tech firm to undertake cost cuts amid an economic slowdown. The company expects the move to lead to about $1.4 billion to $2.1 billion in charges, of which about $800 million to $1 [...]
Awards 2023 January 4, 2023 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
Russia pins blame for Ukraine deaths on soldiers using mobile phones – as some call for Putin to launch further mobilisation January 4, 2023 Russia has blamed the illegal use of mobiles for its latest setback in the Ukraine War, with anger directed away from Vladimir Putin
Meta to discuss bringing back Trump January 2, 2023 Meta, Facebook and Instagram’s parent company is discussing whether Donald Trump should be allowed back on the platforms. In January 2021, Meta (then known as Facebook Inc) had suspended Donald Trump’s social media accounts for two years. Five people, including a police officer died, in the riot. Mr Trump posted a video on Facebook and [...]
Tony Blair: Vladimir Putin should have got seat at international ‘top table’ December 30, 2022 Tony Blair argued that Vladimir Putin should be given a seat at the international “top table” despite deep misgivings among officials about the new Russian president, according to newly released official files. Papers released to the National Archives in Kew, west London, show Mr Blair, as prime minister, believed the former KGB man was at [...]
One in five mergers canned as volatility spooks dealmakers December 29, 2022 Nearly 20 per cent of all mergers and acquisitions were canned this year as dealmakers took fright at the extreme turbulence shaking global markets, new data has revealed. One in five deals were abandoned in 2022 while some 26 per cent were put on ice as private equity firms and corporate dealmakers opted to sit [...]
Sacked: Football clubs change chiefs at four times the rate of top UK firms December 29, 2022 Football clubs have proved they are a more ruthless group than Britain’s biggest firms this year as top clubs sacked their bosses at four times the rate of FTSE-100 firms.
Govt accused of ‘rank double standards’ as civil servants paid £30m in vouchers December 29, 2022 The Government has been accused of “rank double standards” after giving almost £30 million in high-street vouchers to civil servants amid a pay freeze prompted by the cost-of-living crisis. Sixteen Whitehall departments in 2021-22 paid out a combined total of £29.57 million to staff in the form of ‘reward and recognition’ vouchers, a third more [...]
Boxing Day footfall bounce for retail as West End chief calls for recovery help December 27, 2022 Retail destinations across the country reaped the rewards of a Christmas without Covid restrictions as Boxing Day sales enticed shoppers out of their houses. However, business leaders noted footfall was still below 2019 levels and called on the government to help accelerate retail’s recovery from the Covid-19 pandemic as it grapples with an economic downturn. [...]