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Parkopedia publishes the 2022 Global Parking Index
Parkopedia releases the third edition of its Global Parking Index, with detailed information on global average parking prices and the key trends influencing price changesNew York continues to be the most expensive city for 2-hour off-street parking ($43.10 average) and is now also the most expensive city for daily off-street parking ($52.65 average)Australia also continues …
Business
Business Live
HAVE YOUR SAY: What must the Autumn Statement do for your business?
Chancellor Jeremy Hunt will deliver the government’s Autumn Statement on Thursday, November 17, bringing in ‘tough decisions’ as the economy faces the longest recession on record and soaring inflation at a 40-year high. The Chancellor has warned that everyone will be paying more tax as a result and department spending will be squeezed. But businesses …
Business
Business Live
Sage appoints top tech marketer and diversity champion
The CEO of a company that helps women advance into leadership roles has been appointed to the board of Sage. Maggie Chan Jones, the founder of Tenshey and an experienced tech marketer across senior roles at global companies, has become a non-executive director of the accounting software giant. Revealing the move to the London Stock …
Press Release
Pressat
Will the autumn budget strike another blow to business rates?
On the 17th of November, the Chancellor of the Exchequer will announce the now officially coined ‘autumn budget’. It is expected that this budget will herald a host of tax increases, including increasing the amount of NI (National Insurance) that businesses could pay on employee salaries. The one thing that has been noticeably absent from …
Business
Evening Standard
Russian withdrawal hits Imperial Brands but annual profit stays near £3 billion
Imperial Brands, the maker of John Player Special and Gauloises cigarettes, has taken a hit from its withdrawal from Russia, reporting drop of almost 15% in annual profit, which still came in at almost £2.7 billion.It claims to be the only major tobacco company to have fully withdrawn from the country after Moscow’s invasion of …
Business
Evening Standard
Amazon preparing major job cuts – report
Amazon is the latest tech firm preparing to cut thousands of jobs in response to the economic downturn, according to reports in the US.The tech giant is said to be considering cutting around 3% of its office staff, which would mean around 10,000 people could be affected.The reports come in the wake of substantial job …
Business
Evening Standard
Vodafone warns on profits and seeks e1 billion in cost cuts
NICK Read’s bit to transform Vodafone into a simpler, more dynamic business took a hit today as it warned that in some parts of Europe hyperinflation is leading to soaring costs.Last week the CEO agreed to sell 50% of its mobile phone masts business to private equity, a deal welcomed by investors keen to see …
Business
Sky News
The sliver of good news as UK’s economic malaise spreads to jobs market
The cracks are starting to show.Tuesday’s labour market figures suggest that the economic malaise afflicting the country is now spreading to the jobs market. The unemployment rate edged higher in the three months to September to 3.6%, in a sign that employers are paring back their hiring plans in the face of rising costs and …
Business
Evening Standard
Imperial Brands takes hit to annual earnings from Russia exit
Tobacco giant Imperial Brands has revealed a steep fall in annual profits after taking a £463 million hit from its move to pull out of Russia.The group behind brands such as blu, Gauloises cigarettes and Rizla posted a 14.7% drop in operating profit to £2.7 billion for the year to September 30, with earnings sent …
Business
Evening Standard
BAE Systems set for growth amid higher global military spending
Defence giant BAE Systems has enjoyed stronger sales as countries increase military spending amid the Russian war in Ukraine.The FTSE 100-listed company said that many of the countries it operates in have either announced increases in defence spending, or are making plans to lift spending “to address the elevated threat environment”.Most major defence programmes tend …
Business
Business Live
Tobacco giant Imperial Brands’ profits hit after Russia exit
Tobacco giant Imperial Brands has reported a sharp drop in profits following its exit from Russia and the country’s associated markets in March. In its full-year results on Tuesday (November 15), the Bristol-headquartered company said operating profits had fallen by 14.7% over the year to £2.6bn – down from £3.1bn the year before. The maker …
Business
Business Live
Poundstretcher exits CVA after paying off creditors at a rate of 12p in the pound
Management at the Poundstretcher discount chain say they have exited a two year CVA after repaying creditors at a rate of 12p in the pound. The business brought in the legal arrangement back in July 2020 to find a way of offloading high rent stores. It means the Leicestershire headquartered discount chain has paid off …

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