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Off To Lunch

Modern Milkman

The company that turned a milk round into a £250m business

Plus, OpenAI testing AI-powered search feature, THG slashing more jobs, UK drivers still paying too much for fuel and your Friday pick-me-up

Josh Dornbrack, Sarah Vizard

Revolut banking licence: A fintech milestone

Plus, the value of M&A is up by two-thirds, why we might be able to say goodbye to the office birthday party and an Olympics preview in today's Off To Lunch

Sarah Vizard

Trafalgar Square with Nelson Pillar and a crowd of people walking around

Should tourists pay more?

Plus, use of cash hits four-year high, ice cream prices rise by 30 per cent and lessons from the global IT outage

Josh Dornbrack, Sarah Vizard

Airbus A350

Is this the most important business in Europe?

Plus, Britain set to miss 2030 clean power targets, chancellor aiming to woo US investors and exited Carpetright founder strikes rescue deal
Magazine mockup - July.August.2024

Biden steps down and Britain’s billion-pound businesses

Plus, Biden steps down, company financial distress on the rise and the IMF issues the chancellor a stern warning

Chaos as global IT outage strikes

Plus, Pret scraps free coffee, retails sales fall and is UK inequality really getting worse, in today's Off To Lunch

Sarah Vizard

Wage growth is ‘too hot to handle’

Plus, Lloyds signs deal to finance UK buyouts, Warner Bros Discovery considers a split and why you can't cut your way to profitability in today's Off To Lunch

Sarah Vizard

High hotel prices cause inflation headache

Plus, HSBC appoints a new CEO, used electric car sales boom and why this is the summer of the quiet vacation in today's Off To Lunch

Sarah Vizard

Grocery inflation drops and the Rubik’s Cube turns 50

Plus, B&M reports strong results, how to boost UK productivity and the 'uneven' distribution of AI's environmental impacts in today's Off To Lunch newsletter

Graham Ruddick, Sarah Vizard

Burberry ousts its CEO and could you survive 378 days of team bonding?

Plus, warnings over the job market, Tesco makes a premium push and Musk officially endorses Trump in today's Off To Lunch.

Sarah Vizard

Softbank Group CEO Masayoshi Son speaks during the annual general shareholders' meeting in Tokyo

Graphcore sold and Biden rattled

Plus, Rachel Reeves to form new council of economic advisers, UK business distress fastest rising in Europe and Rio Tinto is wargaming a massive takeover

Josh Dornbrack

Two saplings growing in soil

UK economy grows faster than expected

Plus, FCA overhauls listings regime, UK overtakes India as the world’s third-largest venture capital market and British tycoon closing in on a deal for The Body Shop

Josh Dornbrack

David Richards_Dakar 2024 preview shoot with biofuel run Prodrive Hunter cars_Dec 2023 @Jakob Ebrey

The power of delegation

Plus, the new flexible-working trial, Wetherspoons to close more pubs and why we should pay more attention to departing CEOs in today's Off To Lunch

Sarah Vizard

London rain

Retailers count the cost of a wet summer

Plus, Wimbledon choosing to leave $100m on the table, Asda scraps its four-day work week and Thames Water needs fresh funds

Josh Dornbrack

Chancellor Rachel Reeves

Labour’s ‘difficult’ economic decisions

Plus, low exec pay risks a US talent drain, Carlsberg acquires Britvic and is this the end of levelling up?

Josh Dornbrack

Labour Leader Keir Starmer celebrates winning the 2024 General Election

Business welcomes Labour government but pushes for real change

Plus, inflationary pressures ease further, UK steel warns over the high price of electricity and Amazon turns 30
England players watching their team play Iceland

Is fear an effective driver of performance?

Plus, new car sales hit five-year high, private equity M&A growth, and a new Barbie exhibition launches

Dougal Shaw, Josh Dornbrack

Adorable tabby cat sleeping peacefully beside a computer on a wooden desk in warm sunlight

Why complacency is almost always a prelude to failure

Plus, steakhouse Hawksmoor is up for sale, election investment boost pending and record cash injection into equity funds
Event QR code ticket scanning before beginning of business conference

The woman behind a ticketing juggernaut

Plus, the next government to benefit from easing of the cost-of-living crisis, Tata Port Talbot steel plant strikes called off and Revolut reports record profits

Dougal Shaw, Josh Dornbrack

Tax gap illustration

Addressing the UK’s ‘tax gap’

Plus, newspapers reveal who they're backing in the general election, pension fund to "unlock access" to PE gains and exec pay gap between the UK and US widens

Josh Dornbrack

Duke of Wellington Statue and Bank of England

The risk of private equity to the economy

Plus, the UK's top 100 fastest-growing companies, the six high school friends now worth £1bn and Aviva chief says the next government can unlock £100bn of investment

Josh Dornbrack

We are hiring sign on a restaurant table

Job openings on the decline

Plus, the UK's biggest lender has a major warning for the next PM, a spotlight on AI washing and new theme park to boost economy by nearly £50bn

Josh Dornbrack

MANCHESTER, ENGLAND - JUNE 13: Labour Party leader Sir Keir Starmer poses with Rachel Reeves, Shadow Chancellor of the Exchequer (L), Angela Rayner, Deputy Leader (2nd R) and his shadow cabinet as Labour launch their general election manifesto on June 13, 2024 in Manchester, United Kingdom. Labour is consistently leading the polls by over 20 points, according to the latest YouGov data. (Photo by Anthony Devlin/Getty Images)

The tough choices over net zero

Plus, Lufthansa adds green surcharge to flight costs, how Bernard Arnault built LVMH and why Netflix thinks you should fire some employees

Josh Dornbrack, Sarah Vizard

Smiling emoji on a desk in an office

Are we set for another ‘great resignation’?

Plus, the secret WhatsApp group helping CEOs with isolation, pension insurance chief calls UK a “banana economy”, and a landmark AI lawsuit is tabled

Josh Dornbrack