Companies may need to fire problematic suppliers or risk losing customers, researchers say July 22, 2022 Companies may have to take action against suppliers causing issues to prevent a supply chain scandal otherwise customers will leave, research from the University of Surrey said. Businesses will benefit from firing problematic suppliers, as customers could depart in case of a scandal. Customers expect companies to effectively handle issues and to take action. “Our [...]
Motorists driving off without paying at pump could cost forecourt operators £100m in 2022 July 22, 2022 A spike in drivers not paying for fuel due to high prices could cost forecourt operators more than £100m in 2022. There has been at 2,054 incidents of drivers refusing to pay at the pump so far this year in the capital, according to a Freedom of Information Request submitted by Morning Wire, and sent [...]
EP: 147 Ascot – King George Day July 22, 2022 A real treat for race fans comes at Ascot this weekend with the Group 1 King George VI & Queen Elizabeth Stakes taking centre stage on an excellent day’s racing at the Berkshire course. We speak to the connections of Arc winning Torquator Tasso who travels over from Germany to run at Ascot for trainer [...]
Another crazy week in the world of crypto July 22, 2022 Jason Deane sums up another turbulent and gripping week in the world of finance, cryptocurrency and the price of Bitcoin.
Ukrainian poultry and grain giant faces ‘complex challenges and disruptions’ amid Kremlin’s war July 22, 2022 MHP SE, the parent company of a major international poultry and grain producer based in Ukraine, announced it is experiencing “complex challenges and disruptions” following the Russia-Ukraine war. The company suffered an 11 per cent decline in poultry production from 63,735 tonnes to 63,735 tonnes in June 2022 compared to a year ago and an [...]
Ericsson acquires Vonage for £5.2bn July 22, 2022 Telecommunications company Ericsson has completed its $6.2bn (£5.2bn) acquisition of American cloud communications company Vonage. Vonage is now a wholly-owned subsidiary of Ericsson and will become a separate business area within Ericsson. Vonage common stock has stopped trading and will not be listed on the Nasdaq Global Select Market now. Vonage will still operate under its [...]
FRP announces higher revenue and growth despite economic uncertainties July 22, 2022 FRP Advisory Group announced higher revenues and a growth in team size and market share despite a weakening economic outlook. For the year ended 30 April 2022, revenue rose 21 per cent to £95.2m from £79m in 2021, with a 15 per cent increase in FRP’s team size by 66 to 504 (excluding consultants). FRP Corporate [...]
Ukraine grain crisis set to end with Turkey facilitating Kyiv-Moscow deal July 22, 2022 The global grain crisis caused by Russia’s blockade of Ukrainian ports is set to end when the two countries sign a deal today facilitated by Turkey. Kyiv and Moscow will reportedly agree to allow the export of grain through Ukraine’s Black Sea ports, spurring hopes that the shortage of supply will end and prices will [...]
Prizefighter: The Life of Jem Belcher review: far from a knockout July 22, 2022 Just when you thought every boxing story imaginable had been committed to film, Prizefighter unearths the intriguing real-life tale of Jem Belcher. Embodied by Welsh actor Matt Hookings, who also wrote and produced the film, Belcher became the youngest ever World Champion towards the turn of the 19th Century, a record that stands to this [...]
Blockchain.com lays off a quarter of staff as fallout from crypto crash worsens July 21, 2022 Blockchain.com cut 25 per cent of its workforce, about 150 people, as the impact of the “crypto winter” and the Three Arrows Capital collapse worsens. The crypto exchange blamed the sharp crash in the crypto market and high financial losses for the decision, according to CoinDesk. Blockchain.com will lose $270m from a loan to bankrupt [...]