Geopolitical shock: regime change in inflation and monetary policy May 24, 2022 Globalisation is besieged on multiple fronts. Two years after the outbreak of the Covid-19 pandemic and amid growing geopolitical unrest, the decades-long disinflationary headwind has reversed. Many multinationals have taken steps to address the disruptions to their ultimately brittle global value chains. These companies are re-orienting to prioritise availability over cost-optimisation. This process manifests in [...]
Cranswick cooks revenue above £2bn for first time as the food firm weathers supply and labour storm May 24, 2022 UK food producer Cranswick cooked up a revenue above £2bn for the first time, with adjusted group operating margin maintained at seven per cent.
Hong Kong stock exchange to open US and Europe offices May 23, 2022 The Hong Kong stock exchange is planning to set up two new international offices in the US and Europe, in an effort to draw overseas investors back to the City state. Speaking to the South China Morning Post (SCMP) at Davos, Nicolas Aguzin, the head of Asia’s third largest stock market, said the new offices [...]
Post Office and British Gas team up to offer free debt advice to those struggling with bills May 23, 2022 The Post Office has teamed up with British Gas to offer direct help to those struggling to pay energy bills amid the cost of living crisis. ‘Stop the Silence Pop-Ups’ will appear during the next three weeks across UK cities, giving people worried about their debts free practical and financial advice. Starting on Monday, the [...]
Mexican fast food chain Tortilla poaches rival Chilango May 23, 2022 London listed restaurant group Tortilla has snapped up rival Chilango, as it seeks to reap the rewards of office workers returning to London. The Mexican fast food chain dished out £2.75m to buy Chilango from the investment firm RD Capital Partners , it announced on Monday. Chilango’s estate of eight UK sites – six of [...]
Fresh tube strikes to hit Londoners with TfL staff to walk out Monday after Jubilee weekend May 23, 2022 Londoners will need to brace themselves for fresh Tube strikes, as the RMT union announced today that Transport for London (TfL) workers will walk out on 6 June, the Monday after Jubilee weekend. RMT’s general secretary Mick Lynch has called on almost 4,000 members of staff to strike over job cuts, while announcing a ban [...]
No disguising that it’s a kind of magic May 23, 2022 In her May 2020 hit ‘Daisies’, pop susperstar Katy Perry asked: “When did we all stop believing in magic?” For anyone who saw her memorable performance at the American Idol 2020 finale they would have been in no doubt that magic is actually real as they experienced the first major application of visual storytelling company [...]
Two football fans charged over disturbances as Manchester City celebrated Premier League title May 23, 2022 Police have charged two football supporters over the disturbances that marked Manchester City’s Premier League title win on Sunday. Thousands of fans flooded onto the Etihad Stadium turf after City snatched a late win over Aston Villa to pip rivals Liverpool by one point. Villa goalkeeper Robin Olsen was allegedly assaulted in the chaotic scenes [...]
Windfall tax talk rattles Tories as Rishi Sunak reportedly backs the levy May 22, 2022 The prospect of a windfall tax on large energy firms has provoked a fierce Tory backlash, after it was revealed yesterday Rishi Sunak is in favour of a levy.
Dream on: Millennials want regular nap breaks and pets at work as part of the new office reality May 22, 2022 With over a third of UK workers on the brink of burnout, new research shows that half of all millennials want regular naps during their office day as office occupancy reaches its highest level since the start of the pandemic. Moreover, one in 5 millennials want to bring their pets into the office: with many getting used to spending [...]