More than a year after Russia’s invasion of Ukraine some firms still can’t – or won’t – quit Moscow May 25, 2023 Some global companies are still operating in Russia more than a year on from the country’s invasion of Ukraine. Firms were quick to respond to the full-scale war, which broke out last February, with some saying they would quit Russia immediately and others curtailing imports or new investment. Billions of pounds of factories, energy holdings [...]
That’s the tonic! Board shakeup at Fever Tree after revenue spike May 25, 2023 Upmarket tonic maker Fever Tree is confident that a summer full of G&Ts will help continue to strengthen its balance sheet, as the group forecast revenues to reach upwards of £390m this year. Ahead of its AGM today, the drinks maker told investors that Fever-Tree recorded its highest ever value share in the On-Trade during [...]
Young’s hopes for repeat of bumper year with Rugby World Cup on horizon May 25, 2023 Pub chain Young’s has continued to weather the economic storm posting a hike in revenues for the year thanks to Royal celebrations and an exceptionally hot summer last year. The 223 strong chain, which operates largely in London and the South-East, said that revenues were up 19.4 per to £368.9m compared to £309.m in the [...]
The Notebook: Talking down the City? Not a bit of it in this newspaper May 25, 2023 One of the delights of this job is the ability to sit down with people from across the Square Mile and ask them very simple questions. One of the perennials is “what keeps you up at night?” The CEOs you’d really want to work for say “people”. That one who said “the fact we’re going [...]
The Government has helped households with their energy costs, and simple tips and tricks can help out even more May 25, 2023 | Sponsored Everyone knows life is more expensive than it used to be, with inflation putting strain on everybody’s pockets. A lot of that increase comes from energy bills, which have gone up as a result of Russia’s invasion of Ukraine. The good news is that there’s plenty of government support available, and helpful tips which can [...]
Book review: Fancy Bear Goes Phishing by Scott Shapiro – a tour de force of hacking and the information age May 25, 2023 From Russian hackers to Paris Hilton, Scott Shapiro's new book Fancy Bear Goes Phishing is a tour de force of the information age told in five hacks.
House prices slow as market braces for a solid but ‘not spectacular’ year May 24, 2023 House prices in the UK rose 4.1 per cent in the 12 months to March, adding £11,000 to the average value of a property. However, the figures are down from February’s 5.8 per cent hike and £8,000 below the recent housing peak in November 2022, data from the Office for National Statistics (ONS) reports. Across [...]
I have a fear of flying – could easyJet’s Fearless Flying course cure me? May 24, 2023 First, a confession. I have my dream job, but recently it’s started to feel more like a nightmare. As a travel journalist, I’m in airports every month to write articles about destinations all over the world. Yet somehow in recent years, I’ve developed a fear of flying. True, I still get on planes regularly and [...]
Asteroid City: Why Wes Anderson’s new film with Tom Hanks and Margot Robbie is going to be huge May 24, 2023 It’s been two years since everyone’s favourite maker of loveably odd movies, Wes Anderson, last dropped a film, which was 2021’s The French Dispatch, and let’s be honest, it was no-one’s favourite Wes Anderson film. But the good news is two years on and he’s got another film, his 11th, out next week. Asteroid City [...]
Lidl announces third pay increase for supermarket staff in a year May 24, 2023 Supermarket chain Lidl has announced its third pay increase in a year, affecting all of its 24,500 hourly-paid workers.