We’d drink to the departure of Amy Lame, but all the pubs are shut October 3, 2024 Good riddance to Amy Lame, Sadiq Khan’s useless ‘night czar’ who did nothing to tackle the regulation strangling London’s pubs, bars and nightclubs, writes Elliot Keck The United States has been responsible for furnishing us with many of the most iconic soundbites for free-market and small state advocates. Milton Friedman’s “nothing is so permanent as [...]
Audible: UK’s love for original content helps double profit October 3, 2024 Profit at the UK arm of audiobook and podcast giant Audible, which is owned by Amazon, doubled during its latest financial year, it has been revealed. The London-headquartered division has posted a pre-tax profit of £29m for 2023, up from the £14.7m it achieved in 2022. Newly-filed accounts with Companies House also show that Audible’s UK turnover [...]
Does Life Coaching work? We booked a session to find out October 3, 2024 Would you see a life coach? This is the question I have been asking anyone who would listen for the last month. And what would you ask them? About your career? Your health? Your love life? Well guess what: I’ve got a date with Michael Serwa, the UK’s highest paid life coach! No one could [...]
The Capitalist: Tory Conference; sex in the City; matters of quizness October 3, 2024 Dispatches from Tory Party Conference, recruitment turns steamy and more: catch up on the latest City gossip in The Capitalist.
Is the UK rail industry getting back on track? October 2, 2024 With no more strike action and reform well-underway, the signs are looking positive of the UK's railway industry.
Office Depot owner loses over £50m ahead of quitting UK thanks to working from home trend October 2, 2024 OT Group, the owner of Office Depot and the Spicers wholesale brand, lost more than £50m in the year before it revealed plans to quit the UK. The Greater Manchester-headquartered group has posted a pre-tax loss of £52.5m for 2023, having also lost £15.8m in 2022. Newly-filed accounts with Companies House also reveal that turnover [...]
Bumper pay day for ‘Chicken King’ Boparan October 2, 2024 Ranjit Singh Boparan, the so-called ‘Chicken King’, received a bumper pay day after profit at his private office jumped to almost £125m. Boparan’s private office includes high street restaurant brands like Carluccio’s and Gourmet Burger Kitchen as well as Bernard Matthews, Banham Poultry and Elkes Biscuits. Newly-filed accounts with Companies House have revealed that the [...]
Tax burden ‘will not fall in my lifetime’ warns IFS chief September 30, 2024 Over recent years the tax burden has climbed to a post-war high of 37 per cent of national income despite the attempts of the previous government to cut taxes.
City of London elects veteran financier as next Lord Mayor September 30, 2024 A financial services and asset management veteran has been elected as the 696th Lord Mayor of the City of London, and will take up his post in November. Alderman Alastair King will serve as the Square Mile’s global ambassador, taking up the historic role on 8 November, succeeding Professor Michael Mainelli. King will assume his [...]
Leon: Restaurant chain’s loss-making streak continues amid Asda takeover September 30, 2024 Restaurant chain Leon lost almost £20m in the year it was sold by the billionaire Issa brothers to Asda, it has been revealed. The company had been purchased by the brothers’ Lancashire-based EG Group in 2021 before most of the group’s UK operations were sold to the supermarket giant for £2bn in October 2023. At [...]