Donat Rétif has only been the CEO of Loveholidays since 2019, but under his leadership the vacation marketplace has experienced explosive growth across all major metrics, doubling its revenue, tripling …
Investing
Bank of England’s Pill: Inflation still needs to be ‘squeezed out’ of the UK
Despite returning to the two per cent target, inflation still needs to be “squeezed out” of the UK economy, Bank of England chief economist Huw Pill said today. Pill’s warning …
Growth stalls at Eversheds Sutherland as it battles ‘challenging economic conditions’
Profit growth has stalled at law firm Eversheds Sutherland, the firm reported today, as it battled “more challenging economic conditions” in most of the markets it operates in. The firm’s …
Government cancels £1.3bn in AI funding as spending cuts bite
The new Labour Government has shelved £1.3bn of “unfunded” investment for UK tech and AI projects promised by the Conservatives. The Department for Science, Innovation and Technology (DSIT) said no …
Half of Britain’s millionaires are considering leaving after Labour election win
Nearly half of the UK’s millionaires are considering leaving the country over fears the new Labour government will hike taxes and introduce unnecessary regulations, a new study has revealed. At …
Demand for sustainable buildings drives office space take-up in London
Leasing activity increased notably in the second quarter of the year, driven by financial firms and demand for sustainable office space. Take-up in the capital rose by 21 per cent …
Yodel merger with Shift off the cards after £85m funding deal
A planned merger between Yodel and the logistics tech firm Shift is no longer on the cards after the parcel delivery giant unveiled an £85m funding package intended to quell …
EP: 289 Glorious Goodwood – Saturday & Newmarket
The hustle and bustle of the Stewards Cup takes place over the straight 6-furlong course at Goodwood on Saturday, with the fillies Group 2 Lillie Langtry Stakes another highlight at …
Global markets slump on US recession fears
Markets have begun to fear the worst about a slowdown in the US, sending stocks tumbling across the world. The S&P 500 fell 1.4 per cent yesterday and is down …
Amazon says consumers cautious as it forecasts revenue below Wall Street targets
Amazon reported slowing online sales growth in the second quarter and said cautious consumers were seeking out cheaper options for purchases, sending shares down nearly eight per cent. The after-hours …