Monzo has appointed a new group CFO as it gears up for international growth.Former Nubank executive Tom Oldham steps in following the departure of James Davies.Oldham will focus on Monzo’s financial strategy amid its plans to expand into Europe and the US.Mark Newbery, ex-Barclays, joins as UK CFO to manage domestic financial operations.The appointments come during a successful year where Monzo reported its first full-year profit.Monzo, a leader in the digital banking sector, has recently appointed Tom Oldham as its new group Chief Financial Officer (CFO). Oldham, who comes with a wealth of experience from his previous role at Mombak,…
Author: Sam Allcock
Sam Allcock
Sam Allcock is a seasoned entrepreneur and passionate storyteller with a keen eye for emerging trends and viral phenomena. With over a decade of experience in the business world, Sam has successfully launched several startups that blend innovation with creativity. At 88com.net, he brings his expertise in curating compelling content that captures the zeitgeist of our digital age. When he's not exploring the latest trends, Sam enjoys connecting with his audience and sharing insights that inspire and inform. Join him on a journey through the stories that are shaping our world today!
Halfords CEO urges the government for quick reform of the apprenticeship levy amidst stagnant sales and profits.Halfords reports a 1.4% drop in underlying pre-tax profit to £21.0m during the 26-week period to 27 September.Sales and profits are affected by an uncertain UK economy and increased labour costs due to the recent budget.The Autocentres division shows slight growth, while retail experiences a decline in like-for-like sales.Halfords continues to focus on its Fusion Motoring Services strategy, planning to expand its locations to 40 by the end of FY25.The CEO of Halfords is advocating for swift reforms to the apprenticeship levy to combat…
Recent insights indicate that young lawyers experiencing ethical conflicts with their law firms may face significant health issues. Professor Stephen Mayson highlights the potential for these conflicts to escalate into severe wellbeing problems if not addressed.Professor Mayson emphasises the importance of moral value alignment between young lawyers and their firms, describing it as a central psychological concern. He notes that a firm’s transparency about its stance on public interest matters is crucial for lawyer comfort and professional alignment.For junior lawyers, a mismatch in professional identity and firm values can lead to discomfort, particularly when their understanding of the firm’s position…
The recent approval of the XRP ETF has rejuvenated interest in the cryptocurrency market, paving the way for potentially lucrative investments. This pivotal development is expected to enhance both institutional and retail engagement with digital assets. Our focus falls on five cryptocurrencies, each with the potential to yield substantial returns, making them attractive choices for investors.As the crypto market adapts to this newfound optimism, certain digital currencies are showing signs of becoming the next big players. Investors are keenly eyeing these coins, anticipating significant growth that could result in hefty gains. The coins under review are distinguished by their unique…
Tesco, the renowned supermarket chain, has declared an ambitious plan to open over 150 new convenience stores across the United Kingdom within the next three years. This strategic expansion aims to enhance its presence in the convenience sector while marking a milestone in the company’s history.Tesco plans to expand its footprint by launching more than 150 Express stores, which is expected to generate over 2,000 new jobs in communities throughout the UK. This move coincides with the 30th anniversary of Tesco Express, highlighting the brand’s ongoing commitment to convenient retail solutions. Currently, Tesco operates 2,704 convenience stores, reflecting its established…
AZoNetwork, a science platform, hits a billion page views, highlighting its global impact.The milestone coincides with the launch of Azthena 2.0, an advanced AI scientific assistant.This achievement reflects AZoNetwork’s mission to provide open-access scientific content.The platform’s growth fuels ongoing innovation in AI-powered tools.AZoNetwork remains a key player in science, technology, and medical sectors.AZoNetwork, a prominent scientific marketing and publishing platform based in Manchester, has reached a remarkable milestone, achieving one billion page views across its various scientific websites. This accomplishment underscores the platform’s influence and its effectiveness in disseminating high-quality, open-access scientific information to an international audience.Coinciding with the billionth…
Allan Leighton, former CEO of Asda, has been appointed as the executive chair, taking the reins from Lord Stuart Rose. This leadership change comes as Asda embarks on a crucial turnaround plan to address its recent sales decline.In a strategic move to revitalise its operations, Asda has appointed Allan Leighton as its new executive chair. Leighton, who previously served as CEO from 1996 to 2001, is stepping into the role as the retailer seeks to halt a downward trend in sales. His past experience at Asda, where he worked alongside current M&S chair Archie Norman, was marked by significant successes…
The BBC Sports Personality of the Year returns on 17 December 2024, live from MediaCityUK in Salford.The distinguished awards will be presented by Clare Balding, Gabby Logan, and Alex Scott.Highlights of the year include major sporting events such as the Olympics, Euro 2024, and the Champions League final.This year features eight award categories with winners decided by public vote.The event marks a new partnership with Whisper North overseeing production.The highly anticipated BBC Sports Personality of the Year awards is set for 17 December 2024, promising an evening of celebration at MediaCityUK, Salford. Viewers can tune into the live broadcast on…
Boohoo Group has secured lender consent for its major fundraising initiative, projected to enhance shareholder value.The company plans to raise up to £39.3 million through a share issue, aiding its turnaround strategy.Boohoo reported a significant pre-tax loss of £147.3 million for the half-year ending 31 August 2024.Frasers Group, holding a 28.1% stake, urges leadership changes amid ongoing boardroom conflicts.The upcoming shareholder meeting on 20 December is crucial, as Frasers pushes for new appointments.Boohoo Group has successfully obtained lender consent for its latest fundraising endeavour, marking a significant step towards stabilising its financial footing. The company aims to raise up to…
Enablis, formerly known as Fruition Consulting, has embarked on a transformative journey with plans for significant expansion in the coming year.The company, based in Yorkshire, has rebranded to Enablis, reflecting its mission to simplify technology for its clients.A strategic investment has led to an increase in turnover by 90% over the past two years, fuelling this rebrand.Enablis aims to expand its workforce by 300% in 2025, demonstrating its commitment to scaling operations and expertise.Key hires including a new CTO and CCO signify Enablis’ dedication to strengthening its leadership team.Enablis, previously operating under the name Fruition Consulting, has rebranded as part…