CBI: New boss Rain Newton Smith doesn’t take crisis-hit group’s future ‘for granted’ May 12, 2023 The new head of the crisis-hit CBI, Rain Newton Smith, has said she does not take the future of the group “for granted” and warned the task of winning back trust from businesses is “as big as it is urgent”. Newton Smith, who was parachuted in to head Britain’s biggest business group last month, made [...]
Morning in the City: Live news and updates as GDP up 0.1 per cent after rate rise May 12, 2023 Good morning and welcome to Morning Wire’s live blog on Friday 12 May. We lead today with GDP figures from the Office for National Statistics, a day after the 12th straight rate rise.
Hospitality: BoE interest rates hike could ‘significantly impact businesses’ May 11, 2023 The hospitality sector has expressed concerns that the Bank of England’s decision to raise interest rates could “significantly impact business viability,” as the interest rates on loans many pubs and restaurants took out to survive the pandemic are now set to rise. “Hospitality was the business sector most affected by the pandemic, with a large [...]
Supertool: S4’s Sorrell says AI ‘more effective than a 25-year-old media buyer’ May 11, 2023 S4’s chairman Sir Martin Sorrell is optimistic about the future of AI as his advertising agency embraces it to supercharge their productivity and reach. Sorrell said S4 had already seen an increase in viewing metrics because AI was helping employees speed up ad copywriting and aggregate data that makes it easier to hyper-personalise and target [...]
Mortgages: How the BoE’s twelfth consecutive rate rise will affect homeowners May 11, 2023 Homeowners on tracker mortgages could see their annual bills increase by £5,008 a year following the Bank of England’s twelfth consecutive rate rise on Thursday, though analysts have said the latest rise will not have a substantial impact on the housing market. The monetary policy committee (MPC) voted 7-2 in favour of raising borrowing costs [...]
Still: A Michael J Fox Movie is a wonderful celebration of the great man – review May 11, 2023 Still, A Michael J Fox movie review and star rating: ★★★★★ For viewers of a certain generation, watching Michael J Fox in Still will inevitably bring sadness. The man who became an icon of Hollywood cinema as Marty McFly in Back To The Future has been living with Parkinson’s Disease since 1991, publicly disclosing his [...]
Olympia London owners to inject £5.4m into Shepherds Bush Market May 11, 2023 The private real estate firm behind Olympia London has submitted plans to inject £5.4m into Shepherds Bush Market and the Old Laundry Yard as it looks to create a life science incubator as well as affordable homes within the region. Yoo Capital, which has invested £2.5bn into central London over the past decade, said a [...]
Glory Ride, Charing Cross Theatre, review: Touching tribute to Italian war hero May 11, 2023 Glory Ride review and star rating: ★★★★ Gino Bartali won the Tour de France for Italy in the 1930s and 1940s but it was another of his conquests that became legendary: how he secretly smuggled documentation to refugees in the Second World War, helping save the lives of thousands of people being persecuted after Italy [...]
Crypto investors feeling the ups and downs as inflation figures set the tone May 11, 2023 The price of Bitcoin is settling around $27.4K this morning, in the red by a marginal 0.62%. Ethereum at $1.822 is down by 1.5%.
August in England, Bush Theatre, review: Lenny Henry at his formidable best May 11, 2023 August in England review and star rating: ★★★★ Lenny Henry’s beloved as a comedian, but before that he was primarily an actor, as he reminds us with such panache in August in England, a new piece of writing penned by Henry about the Windrush Generation. Henry’s story about a black man whose life is upturned [...]