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Mercian opts to dismount as bike sales slow

Mercian opts to dismount as bike sales slow

The Bank Holiday weekend will almost certainly have seen a spike in sightings of the MAMIL – Middle Aged Man in Lycra. Often heading a queue of overtaking traffic at weekends, these cyclists clad in spray-on ‘technical’ apparel breathed new life into 21st century bike...

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May 2024 Newsletter: Trust me, I’m a crypto dealer

May 2024 Newsletter: Trust me, I’m a crypto dealer

Cryptocurrency ‘academy’ Amey Finance has been closed by the Insolvency Service, which claimed founder Desmond Amey used it to “recklessly persuade” people to partake in loss-making investment schemes, including an alleged $1.7 billion crypto “Ponzi”. Communications...

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LETTER FROM LONDON  – POLITICAL PROSPECTS – MAY 2024

LETTER FROM LONDON – POLITICAL PROSPECTS – MAY 2024

Now that the final set of local contests before the General Election is behind us, political attention turns to national campaigning strength and strategies. Since the beginning of 2022 the Labour Party has enjoyed consistent double-digit leads in the opinion polls....

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Toffees in sticky mess as football season closes

Toffees in sticky mess as football season closes

Everton FC’s cashflow problems, dependence on a US backer and now, talk of entering administration, show yet again that even in the Premier League it’s hard for football clubs to balance the books. Affectionately nicknamed the Toffees, Everton has only played four...

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One swallow doesn’t make a summer

One swallow doesn’t make a summer

Optimism is generally a good quality when running a business. It fosters positive energy and a can-do approach, without which success is much more difficult. Nonetheless a healthy dose of realism might be useful when considering the recent fall in corporate...

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Landlords lose appetite for meeting tenant demand

Landlords lose appetite for meeting tenant demand

Mortgage costs have increased by twice the level of earnings growth in the last 25 years, pushing rental demand sky high;  buy-to-let landlords, however, are heading for the door. The period of relatively cheap mortgages immediately following the 2008 financial crisis...

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Stricken TV producers open insolvency toolkit

Stricken TV producers open insolvency toolkit

The ripple effects of a sector’s global downturn will often continue to hurt small operators for long after the big players have steadied themselves. The TV industry, with a long tail of independent suppliers, is a sad example close to home. Recent weeks have seen a...

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Factories firing up for a comeback

Factories firing up for a comeback

Debating the UK’s economic future inevitably leads to questioning the strength of our industrial base: what can generate earnings outside financial and professional services, or early stage tech development? Manufacturing’s share of the UK economy is around 10% today,...

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More trouble ‘down the rub-a-dub’

More trouble ‘down the rub-a-dub’

Britain’s pubs will be totting up the long weekend’s takings, hoping that mixed weather over an earlyish Easter wasn’t too much of a dampener. Sadly these things matter in an industry that has at best limped along since Covid and saw nearly 800 boozers enter...

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EV troubles cast a shadow over early stage tech

EV troubles cast a shadow over early stage tech

Britain’s fledgling electric vehicle industry seems to have run out of juice - but we shouldn’t be too hasty in writing off our entire tech sector. Lunaz, backed by football legend David Beckham, this month put its commercial transport arm Lunaz Applied Technologies...

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Covid loan fraud bounces back on sole traders

Covid loan fraud bounces back on sole traders

Almost four years after the government’s Bounce Back Loan (BBL) Scheme was rolled out to save small businesses at risk from pandemic lockdowns, closer scrutiny of businesses now unable to repay the loans is leading to action against  an increasing number of...

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