BMW: How supply chain issues and China lockdowns have impacted its bottom line January 10, 2023 BMW’s sales have slumped in 2022 due to supply chain issues and the now-scrapped zero-Covid policy in China. A byproduct of the pandemic, supply chain issues such as chip shortages and higher raw material costs were magnified by Beijing’s decision to implement severe lockdown measures for the good part of last year. The German automotive [...]
Tangle Teezer launches innovation panel to fuel haircare brand’s future growth January 10, 2023 British haircare brand Tangle Teezer has launched an innovation advisory board panel which will bring together global business leaders and experts from across the retail, haircare, technology, ESG, and scientific communities. Last September the breakthrough British company announced record results of £43.5m for the full year 2021, a year-on-year hike of 46 per cent, the [...]
The Notebook: Victoria Scholar on defensive plays, BA’s new uniforms and Elon Musk’s fall from fortune January 10, 2023 | City Talk The Notebook is a new feature for 2023, allowing the City’s biggest names to get a few thoughts off their chest. Today it’s the turn of Victoria Scholar, Head of Investment at interactive investor It has been widely reported that the UK is on the brink of recession while a third of the global economy [...]
Sunak and Starmer offer little new year cheer on ailing UK growth path January 10, 2023 This brand new weekly column, published every Tuesday, will drill down into the stories behind the numbers to reveal what makes the UK – and global – economy tick. But, today, inspired by what resembled soon-to-broken new year’s resolutions by political leaders last week, it will make the case for why a stable government economic [...]
FTSE 100 close: China reopening boosts Antofagasta and London miners January 9, 2023 London’s FTSE 100 has today extended its robust start to the new year, fuelled by mining giants clinching gains on investors betting commodity prices are on the rise as China dismantles pretty much all of its Covid-19 restrictions. The capital’s premier index jumped 0.33 per cent to close at 7,724.93 points on the opening day [...]
UK enters space race: where to watch the launch of Virgin Orbit’s Cosmic Girl January 9, 2023 Tonight sees the first launch of a space rocket via UK soil, with an expected launch window starting at 21:45pm tonight. The LauncherOne rocket be attached under the wing of a modified Boeing 747 owned by Virgin Orbit which will take off from Spaceport Cornwall at Newquay Airport. The mission, dubbed ‘Start Me Up’ mission is a collaborative effort [...]
Bitcoin millionaires ‘drop like flies’ as FTX fallout shakes crypto market January 9, 2023 The number of bitcoin millionaires has plunged and scammers have filled their boots in the past year as the market is gripped by a ‘crypto winter’, brought on by soaring inflation and a string of high profile bankruptcies.
Why Flaine in the French Alps is up there as one of the best ski resorts for beginners January 9, 2023 THE WEEKEND: I’m putting on skis from the first time ever and hitting the slopes in the brilliant sunshine. It’s hard to believe that only six hours earlier I was still in London. I’m in the French Alps ski resort of Flaine, near Mont Blanc, and the sheer ease of accessibility is one of the [...]
Ski holidays: Why ski touring is bucket list stuff for Alpine lovers January 9, 2023 Ski touring is a hugely popular activity in Austria, but one not widely embraced by the British skier. Understandable really, as with access to white mountains generally limited to a mere weeks’ holiday per year, most Brits prefer to stick to straight downhill skiing. As such, it’s a sport not particularly well understood and with [...]
New London dog cafe is latest alternative London opening, with puppy yoga and doggy ice cream January 9, 2023 Dogs are increasingly being treated like humans, and the latest way Londoners can involve their dog in their life is a new London dog cafe that’s opened in Notting Hill. Call them barking mad, but visitors can even book their dog in for a session of doggy yoga. The new dog café is called Pawsitive [...]