Wake Up to Money The age of the apprentice
Mar 30, 2026
Mark Simmons, SVP of HR at GXO, explains how apprenticeship programmes build internal talent. Peter Shreiserman, hospitality entrepreneur and hotel co-owner, talks hotel conditions and rising staycation demand. They discuss apprenticeship funding shifts, older trainees, staffing pressures, hotel refinancing and how geopolitical risks reshape travel choices.
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Hospitality Hit By Pulled Refinancing And Higher Rates
- Peter Shreiserman describes banks pulling a refinancing due to rising costs and caution amid the war, hurting hospitality cashflow.
- He gives a concrete example: Wrexham hotel faces £35,000 extra business rates from April 1st.
Regional Escalation Threatens Global Energy And Trade
- Conflict in the Gulf can rapidly shift from air strikes to wider regional disruption, threatening shipping routes and global energy supplies.
- Megan Sutcliffe highlights Houthis joining hostilities and US talk of ground operations as triggers that could escalate oil and fertilizer shocks.
Stockpiles Only Buy Days Not Months
- Strategic reserve releases and sanctions waivers only buy days of supply, not weeks, if Gulf exports are disrupted.
- Megan Sutcliffe warns that a sustained ground invasion would far outlast stockpile buffers and deepen shortages.