Following the long-heralded increases in employer NI contributions and the National Living Wage, all eyes were on labour costs this April. British businesses were asked: "Which of the following challenges, if any, are currently impacting your business's turnover?" Only 16.1% of transportation & storage firms who responded between 19 April and 18 May said labour costs had impacted their turnover. That's significantly fewer than the 26.3% of manufacturers and 22.1% of retailers who said labour costs were impacting their businesses.
The current market volatility does not impact how we are thinking about holding these businesses over the long term. In fact, market volatility has often proven to be beneficial for us because volatility can come with opportunity.
Join operations are foundational for data analysis, helping to connect disparate datasets in Spark Scala, which is critical for enhancing business logic and data insights.
Media agencies are now being forced to understand a lot more than just media. For example, price. If you're working on a client that increased their price by 20% in two years, and they're not seeing the category penetration they're looking for. Is media really the problem? It's just a really interesting space to be in of having really frank discussions on the total business, whether that be financial services, CPG, hospitality or whatever. You need to understand the entire business and how their P&L functions. It's just an uncomfortable space for media agencies because it re scopes them a bit.