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ADVERTORIAL: Smailes Goldie says nimbleness has helped businesses during the pandemic
There are all sorts of qualities that make for a great business. Having a compelling story to tell. Competitive pricing. Well-managed finances. Strong relationships with people. Creativity. Resilience. But the one that has really stood out this year has been adaptability. Changing to meet the demands of new circumstances has rarely been so important. Businesses …
Business
Evening Standard
The Bank of England is probably right about inflation. It had better be…
Is the Bank of England right that inflation is just a temporary blip? Well, probably, but it had better be.Over on Threadneedle Street they are outspokenly sure about this one, with Governor Andrew Bailey lately insisting his view that inflation will pass is “well-founded, it is not a vain hope, nor a matter of whistling …
Business
Evening Standard
SSP chief quits less than two years into the job for big money in private equity
The chief executive of Upper Crust station and airport caterer SSP has abruptly quit less than two years into the job and just months after tapping investors for nearly £500 million to get it through the Covid crisis.Simon Smith will leave by the end of the year to join an unnamed private equity-backed company planning …
Business
Sky News
Masks to remain compulsory on London transport and will be enforced, warns mayor
Sadiq Khan has warned commuters and tourists that “hundreds” of Transport for London (TfL) enforcement officers will continue to impose the wearing of face masks on services in the capital beyond 19 July – and those caught breaking the rule will be thrown off trains, tubes and buses.The mayor of London said he was also …
Business
Sky News
Signs that inflation rise is temporary – but could it prove sticky?
There are, in very broad terms, two schools of thought about the recent rise in inflation.The first is that while prices are certainly accelerating faster than expected (this is the second month in which the consumer price index (CPI) rate of inflation was both above the Bank of England’s 2% target and higher than economists …
Business
Sky News
Rising cost of food and transport sees UK inflation rise again
The rate of inflation in the UK rose again in June, outstripping economists’ predictions and passing the Bank of England’s stated target of 2%.The Office for National Statistics (ONS) said the consumer prices index (CPI) measure rose by 2.5% in the 12 months leading up to June 2021, the highest rate for nearly three years, …
Business
Business Weekly
Everyone’s a winner for red hot chocolate specialist
Quoted Cambridge Cluster company Hotel Chocolat is gorging on success after a set of tasty results you could have picked with your eyes shut! Full year revenues of £165 million to June 27 were 21 per cent ahead year-on-year and 24 per cent up on 2019 – the last financial year before the full impact …
Business
Sky News
Hands eyes housebuilding empire with £700m Keepmoat bid
The private equity baron Guy Hands is plotting the creation of one of Britain’s biggest private housebuilding empires by tabling a £700m takeover bid for Keepmoat Homes.Sky News has learnt that Mr Hands’ Terra Firma Capital Partners is behind one of several offers that Keepmoat’s owners have received for the business in recent days. City …
Business
Sky News
One in five hospitality and retail workers self-isolating, MPs told
One in five workers in the hospitality and retail sectors are self-isolating as a result of COVID-19 rules, industry leaders have told MPs.The figures cited during a hearing of the Commons business select committee highlight growing concerns caused by people being alerted to stay at home after being in close contact with someone who has …
Business
Sky News
US inflation revs up as used car prices see biggest increase on record
US inflation revved up further last month partly thanks to the biggest monthly bounce in used vehicle prices for more than 60 years.America’s consumer price index (CPI) rose by 5.4% in June compared to a year ago, matching a level last seen in 2008, as the economy continued to rebound from the coronavirus crisis and …
Business
Sky News
Encouraging start for an expected bumper earnings season on Wall Street
Monday night saw the three main US stock indices – the S&P 500, the Nasdaq and the Dow Jones Industrial Average – close at fresh all-time highs for the second successive session.For the most important and broad-based of these, the S&P 500, it was the 39th time this year it has done so. It has …
Business
Sky News
Train and bus operators will no longer enforce mask wearing in England from 19 July
Train and bus operators will not require passengers to wear face masks on services in England from 19 July, industry bodies have confirmed.The government has left it up to transport companies to decide whether they wish to enforce the wearing of face coverings, giving them the power to turn customers away for not wearing a …

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