17,650 source-backed business facts - each attributed to a named person and a number, linked to the original source. Page 20 of 177.
“Jumpstart, a jobs platform which connects young talent to start ups, told City PM back in February that it receives around 1,000 CVs each month and has a less than one per cent acceptance rate.”
“He not only owns a sizeable stake in class A shares, but also more than 90 per cent of the so-called class B shares, which give the holder 10 votes for every share held.”
“fast-fashion group still posted a £100m loss.”
“pre-tax loss narrow by 69 per cent to £108m in the year to February.”
“revenue fall by 25 per cent to £917m”
“share price fell by two per cent to 24.5p on Tuesday’s market open, though the stock has gained 42 per cent in the last month.”
“gross margin improve by 0.4 per cent to 51.1 per cent”
“higher volume of 100 per cent margin sales.”
“on track to make a further £100m in cuts in the coming year, bringing total savings under the new management to £200m.”
“marketplace model having been rolled out in Ireland, Australia and the US this year.”
“Finley took the reins in November 2024.”
“Sixteen and seventeen-year-olds have been priced out of entry-level work”
“Sixteen and seventeen-year-olds have been priced out of entry-level work; graduates are treated as a risk not worth taking.”
“Everyman, which is listed on London’s junior AIM market, will open its 17th venue in the capital at the new site.”
“After more than two years of renovation, the hotel reopened in late 2023, now boasting a fourth star.”
“Today, we offer rooms from around €200, depending on the season, up to €550 for suites.”
“Since 2019, Paris has lost three‑quarters of its one‑ and two‑star hotels," says Didier Arino.”
“Of nearly 1,600 establishments, fewer than 200 remain in these categories," says Didier Arino.”
“Paris is now the only destination where luxury and mid‑range accommodations account for more than 80% of the market," the expert says.”
“It is now difficult to find a hotel for €50 or even €80 a night during peak season.”
“Nearly 50,000 two‑star rooms have disappeared over the past 10 years.”
“In Paris, a high‑end hotel often represents an investment of €1 million per room.”
“Since COVID‑19, the average price of Parisian hotels has risen by more than 40%, according to Protourisme, reaching an average of about €210 per night.”
“Over the past two years, upscale and luxury hotels have raised their rates by 25%, compared to 10% for budget hotels," Arino says.”
“According to Christie & Co, the average price has even reached nearly €330 over the past 12 months in Paris.”
“In contrast, the mid‑range segment hovers around €125 per night, according to the Louvre Hotels Group.”
“while budget hotels average around €45, outside of central Paris.”
“two‑thirds of hotel stays in Paris are now booked by foreigners," according to Arino.”
“The global market, dominated largely by the United States but also popular in China and South Korea, is estimated at €1.4 billion. In Europe (where France is at the forefront), revenues reach €141 million, with some 40 million players, and…”
“From semi-professionals to internationally ranked competitors, players can earn between €1,000 and €15,000 per month playing the most popular titles: League of Legends, a fantasy-themed online battle arena; Counter-Strike, in which two tea…”
“Middleton Enterprises, the family office of HomeServe co-founder Jeremy Middleton, will invest upwards of £1m into TeeGo, a simulator firm looking to drive growth in indoor golf.”
“The injection will see TeeGo expand from its current six to 20 sites by the end of 2028 as it looks to become “the largest dedicated indoor golf clubhouse network in the UK”.”
“TeeGo added that it was making use of good landlord deals in high streets to expand across the capital. The firm said that in the last year alone it has logged 6,000 rounds of golf played, an increase of 155 per cent on the previous 12 mon…”
“Five Iron Golf recently landed in the capital as part of a £20m UK expansion, with Broadgate hosting its first site.”
“nine flexible workspaces across London and Watford”
“London remains the number one city in Europe for venture capital investment, with billions flowing into early stage companies every year”
“former boss Zaid Al-Qassab standing down in April after less than two years at the helm”
“Major shareholder Vin Murria has simultaneously taken up a position on its board”
“It was founded in 1995 by Maurice and Charles Saatchi”
“The group completed ten pension scheme consolidations in the last decade.”
“Chief executive of Smart UK, Jamie Fiveash also said the act would assist in “continued strong organic growth” alongside “emerging acquisition” possibilities.”
“Uber is acquiring Delivery Hero's businesses in 50 markets worldwide across Asia, Europe, Latin America and the Middle East.”
“A US investment firm, SSW Partners, is acquiring the German group's operations in another 14 markets, where Uber and Delivery Hero compete, for around 1.4 billion euros.”
“the German firm now operates in over 60 markets”
“The FTSE-listed hospitality firm said its nine per cent jump in revenue in the last 14 weeks was in part driven by the initial stages of the World Cup, where England has progressed for a quarter-final clash with Norway.”
“Sales of cider and lager jumped by 127 and 76 per cent respectively on Monday morning across the pubs managed by beer firm Heineken UK.”
“The company snapped up the string of high-end London pubs for £30m earlier this year, and told City PM in May that it wants to buy up dozens more new locations.”
“1.2bn barrels of oil”
“57per cent”
“£4.8bn last year, down £1.2bn over the last two years, and it could drop below £3bn next year”
“400 jobs”
“Gemfields said earlier this month it was in talks regarding a possible 8p-a-share bid from Rox Conduit.”
“The dissident group believes Gemfields is trying to secure a rapid sale to Rox Conduit, which owns a 63.9 per cent stake through one of its subsidiaries, at a knock-down price.”
“Stockbroker Midas Investment Management is leading around 15 per cent of the shareholders in the protest.”
“Gemfields said in March it would write down the value of its Kagem emerald mine in Namibia to zero.”
“The rebel shareholders say that writing down the value of the mine was unnecessary and believe a fair valuation of the company would be around 30p per share, based on the substantial reserves Gemfields has in the ground.”
“Attendance is down an estimated 20 per cent on last year”
“US crude oil prices extended their push beyond the $60-a-barrel level yesterday”
“Jewellery demand fell by almost a quarter compared with the same period in 2008 to 339.4 tonnes”
“Gross domestic product was down 1.9 per cent in the first three months of the year from the previous quarter”
“the 130,000 job losses in hospitality will be much, much worse.”
“The Treasury could cut business rate bills for bricks and mortar firms by 37 per cent by applying a two per cent tax on online sales, the group claims.”
“the Chancellor to offer a £300m relief package to pubs.”
“It was among the first City companies to run a seven-day operation, with its weekend brunches introducing the brand to a new clientele. "It’s a chicken and the egg thing,” Jessen told City PM in a 2023 interview to coincide with the restau…”
“We do not expect much change to the current market conditions during 2009 and have adjusted our cost base to reflect that expectation”
“companies across all sectors had cut back on corporate travel in the second half of the year”
“pre-tax profit fell to £15.4m from £25.2m”
“reduced its year-end net debt by £25m to £85m”
“total dividend for the year was 1.2p per share, compared with last year’s total dividend of 4p per share”
“shares closed 1 per cent lower at 23p”
“The campaign, VAT’s The Problem, has linked the UK’s high rate of VAT to the 100,000 hospitality jobs that have been lost in the last two years.”
“Mackenzie said Greene King could be forced to cut its investment in its apprenticeship programme and its scheme for employing former prisoners if the tax burden on the hospitality industry is not eased.”
“We are at a bit of a crossroads […] the loading on of costs, the loading on of taxation is getting to a point where it’s unsustainable.”
“Steve Cassidy, Hilton’s senior vice president, said that the UK’s current rate of VAT on hospitality firms is 'uncompetitive,' because it disadvantages Britain as a travel destination compared to Hilton’s European rivals.”
“I think it’s sadly highly unlikely that the government will reverse the taxes that they’ve imposed on the sector. So I see reducing VAT to 10 per cent as the most logical way of this sector, hopefully, attempting to return to growth.”
“The current tax burden facing hospitality firms encourages a 'race to the bottom' because businesses are pushed to cut staffing and compromise on quality, he said.”
“which comes after eight consecutive years of dividend increases”
“Oil companies, it calculates, account for a third of FTSE 100 dividends”
“HMV yesterday reported an 11 per cent rise in annual pre-tax profits after stealing market share following the demise of its rivals.”
“The group, which also owns bookstore Waterstones, said pre-tax profits rose to £63m in the 12 months to 25 April compared to £56.6m in the same period last year.”
“Total sales increased by 4.4 per cent to £1.9bn.”
“HMV has subsequently snapped up 25 Zavvi sites, taking the chain to a total 270 stores across UK & Ireland.”
“While HMV enjoyed a 1.9 per cent like-for-like sales rise due to a surge in gaming interest, Waterstone’s same store sales dipped by 3.8 per cent.”
“The group said the whole book market contracted three per cent during the period”
“Chief executive Simon Fox, who has steered the business through a three year plan, said the gaming side of the business had grown to 24 per cent, from just 14 per cent in April 2007.”
“HMV also witnessed a phenomenal jump in sales of Michael Jackson’s albums, recording 40,000 sales in the three days after his death.”
“The week-on-week increase has been larger than following the deaths of Elvis Presley in 1977 and John Lennon in 1980.”
“Brent crude – the international benchmark for oil prices – fluctuated around the $85 per barrel mark, staying close to one-month highs on Thursday morning after the US ramped up its military campaign against Iran.”
“Chateau La Coste... the vision of the billionaire who formerly owned Claridge’s... One of Northern Ireland’s wealthiest entrepreneurs, McKillen has drawn the world’s most lauded architects and designers to these fields since he bought them…”
“In 2022, the businessman was involved in one of the most high profile legal battles in London hospitality when he was ousted from The Maybourne Group... He owned just over a third of the firm... Before his exit he had been leading the £800…”
“While grocery sales jumped, Argos continued to struggle as sales declined 0.5 per cent to £1.1bn...”
“Sainsbury’s results are like a mirror image of what’s happening when it comes to spending across the wider UK economy. “While grocery sales remained robust, reflecting continued spending on essentials, weaker performance at Argos and acros…”
“By also working in tandem to deliver a new grassroots padel programme, we are helping to remove barriers to participation and open up the sport to more communities across the UK.”
“Xchanging, the FTSE 250 back office outsourcing giant he founded 10 years ago”
“the business, which employs 9,000 staff in nine countries”
“Only around 3 per cent of the Fortune 500 companies outsource their back office functions.”
“an industry that is already worth £100bn a year globally.”
“contracts he usually signs with clients are lengthy, lasting between seven to 10 years.”
“bought a 75 per cent stake in Indian outsourcer Cambridge Solutions for £83m”
“would buy FondsServiceBank, the investment funds administration business of DAB Bank for €21.4m (£18.5m)”
