Despite a wet summer, budget airline Ryanair experienced hot sales over the season and the firm has now revised its full-year profit guidance with an increase of 25 per cent, which it puts down to its customer service programme.
Lars Fjeldsoe-Nielson has been recruited by Balderton Capital to lead early-stage investments into new businesses, leveraging experience gained at taxi booking platform Uber – as well as roles at Dropbox, Skyhook Wireless and Voicesignal.
By David Craik
Both US and UK workers say they feel disengaged at work and may find new employers, citing lack of faith in leadership, progress and culture.
By David Craik
British businesses in the SME space are bullish about growth prospects over the next two years, belying the “war for talent” that is currently being fought between ambitious growth-orientated firms.
1864-founded beer and cider giant Heineken has bought a 50 per cent stake in California brewing company Lagunitas, which will see the pair forge a joint venture to the American craft beer trend globally.
Andy Harrison, CEO of Whitbread, has said there will be “selective price increases” at Costa Coffee to deal with the extra £15m to £20m he expects the living wage to cost the business.
A new business incubator targeted on open data has chosen the first seven winners from its €650,000 pot, and UK businesses led the charge as three were named among the victors.
The power of the internet was demonstrated in August, according to Visa Europe, as online retailers experienced the fastest year-on-year consumer spending growth ahead of the high street – while the recreation & culture industry also made solid gains.
By David Craik
Businesses in the capital are upbeat about the UK’s economic future, but are calling on the next mayor to drastically improve housing and roads.
By David Craik
British firms are failing to fire up exporting plans because of concerns over a lack of finance, the BCC has claimed.
