Aldi: Low prices ‘more important to us than short term profit’ September 26, 2022 Discount Aldi has said it has seen an extra 1.5m customers switch to shopping at its supermarkets over the past three months. The supermarket was recently declared the country’s fourth biggest, knocking Morrisons down the list, according to Kantar data. In full-year results to the end of December 2021, the budget retailer posted an 87 [...]
Hello, 999? Our ambulances are in desperate need of emergency surgery September 23, 2022 Therese Coffey has only been in post for two weeks, as she reminded everyone, repeatedly, while announcing her plans to fix the health service. Her proposal is not quite as easy as ABCD, but that’s what it’s called. Ambulances, backlogs, care, doctors and dentists. Among her plans, people will be able to see their GP [...]
Citibank’s Malaga office will be a far cry from a paradise September 23, 2022 Recruits to the Costa del Sol have been told they will “only” have to work eight hour days, and will be granted weekends off.
JD Sports’ chair: Governance changes won’t ‘kill entrepreneurial spirit’ of retailer September 22, 2022 JD Sports’ new chair Andrew Higginson has said corporate governance changes will bring the retailer up to pace without being too “heavy handed.” The trainer seller recently created distinct roles of chair and CEO, after the departure of former boss Peter Cowgill earlier this year. After decades at the helm of the London-listed firm, Cowgill [...]
Truss tells Wall Street execs that she wants ‘lower, simpler taxes in the UK’ September 21, 2022 Liz Truss has declared she will deliver “lower, simpler taxes” to drive investment during a charm offensive of powerful Wall Street executives. The Prime Minister told the group of 15 business leaders during a New York roundtable that her plans will “make us a better place to invest and be unashamedly pro-business” and make the [...]
EY posts record revenues of £40bn as consulting sales surge September 21, 2022 EY today posted record revenues of $45.4bn (£40bn), on the back of its strongest growth in decades, as partners in the Big Four accounting firm prepare to vote on plans for a global split in what could be the biggest shakeup to audit sector in years. The accountancy firm saw its combined global revenues [...]
Liz Truss planning to cut stamp duty as ‘rabbit’ in mini-budget September 21, 2022 Liz Truss and Kwasi Kwarteng are planning to cut stamp duty as the ‘rabbit’ in forthcoming mini-budget. Britain’s new prime minister will announce plans in a bid to spur growth in the UK economy. Reported in the Times, Truss and her new chancellor have been working on plans for over a month, before she was [...]
Beyond Meat exec arrested for biting man during road rage incident September 20, 2022 A top executive at one of the world’s biggest fake meat sellers has been arrested for biting flesh off another man’s nose, according to US media reports. Douglas Ramsey, who joined Beyond Meat last December, faces charges of third-degree battery and “terroristic threatening,” police reports show The 53-year-old chief operating officer was arrested on Saturday [...]
Liz Truss drops any hope for UK-US trade deal as Global Britain’s Brexit efforts shift to Gulf, India, Australia and Japan September 20, 2022 The Prime Minister has stressed that her trade priority is post-Brexit striking deal with the Gulf states and India, and joining a trade pact with nations including Australia and Japan. At the same time, Liz Truss conceded that negotiations for free trade deal with the US will not restart for years as she flew to [...]
Package holidays boom shows no sign of abating as Tui enjoys surge in bookings September 20, 2022 The post-pandemic boom in package holidays shows no sign of abating as giants such as Tui continue to enjoy high levels of bookings. The German operator said in a trading update published on Tuesday it would stick to its profitability forecasts following an uptick in summer and winter reservations. TUI saw a travel revival this [...]