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Exclusive-QatarEnergy boss says world cup tension will not impact German business
Date: November 22, 2022
By Andrew Mills and Maha El Dahan DOHA (Reuters) – QatarEnergy chief Saad al-Kaabi said on Monday that business with German firms would not be impacted by political tensions over criticism of Qatar’s hosting of the World Cup, which has raised the ire of officials in the Gulf Arab gas exporter. Kaabi told Reuters he...
Contract caterer compass expects 2023 profit growth to top 20%
Date: November 21, 2022
(Reuters) – Contract caterer Compass Group on Monday forecast its profit growth to be more than 20% in 2023 and margins to be above 6.5%, after reporting a surge in financial year 2022 profit buoyed by new business wins and reopening of economies. The world’s largest catering group more than doubled its dividend to 31.5...
Higher costs vs higher wages: How will businesses keep up with inflation?
Date: November 17, 2022
By Nick Gold, MD of Speakers’ Corner The cost-of-living crisis is hitting the UK hard. The current inflation rate is 9.4% — the highest level since 1982 and 3 times higher than the peak rate of the 2008 financial crash. This unprecedented inflation level follows a decades-long wage squeeze; the 2010s had the lowest real...
How can merchants protect their bottom line in the current economic climate?
Date: November 14, 2022
By Megan Bingham-Walker – Co-founder & CEO at Anansi Cover offered by couriers is not sufficient With many ecommerce merchants overlooking the level of cover required for their goods-in-transit, couriers continue to bear a huge amount of responsibility when it comes to customer experience. Merchants will often rely on the free cover from couriers to...
UK needs to make politically unpopular reforms to boost growth, business group says
Date: November 14, 2022
LONDON (Reuters) – The British government must be willing to make politically unpopular choices in areas such as immigration and regulation to boost business investment and economic growth, the Confederation of British Industry (CBI) said on Monday. Finance minister Jeremy Hunt is due to set out a raft of spending cuts and tax rises at...
Scaling a company in a post-pandemic environment
Date: November 9, 2022
Interview with Kavan Choksi How has the current environment (i.e., inflation, recession, supply chain issues, and lingering COVID restrictions) impacted our economy and businesses? Businesses entered this current environment from a position of balance sheet strength. Revenue growth was strong, and margins were at record highs, owing in part to a period of low interest...