Asda faces mass legal action over pay inequality: Female shopfloor workers say they receive less than males in warehouses October 26, 2014 Thousands of female shop floor workers are taking legal action against Asda over pay inequality. They claim they are paid less than many male employees working in warehouses, despite doing equally valuable work for the supermarket chain. Law firm Leigh Day told the Guardian that 19,000 Asda employees had approached it since April, [...]
The New York power breakfast: A world of billion-dollar deals and $23 bowls of cereal July 29, 2014 Every morning, Leigh Wynn, the maitre d’ of the most expensive and exclusive breakfast spot in New York, wakes up at 4.30am. From 7am to 10am, her job is to find a table for some of the biggest and most demanding names in business, media and politics, and personally cater to their every whim, while [...]
Holiday insurance pitfalls to avoid: From smartphones to stepchildren July 16, 2014 Don’t get caught out by your smartphone, stepchildren or because you’re taking multiple breaks. With the summer holidays fast approaching, many of us will be turning our minds to the exciting trips we’ve got planned – and, of course, the travel insurance they’ll require. According to numbers from the Foreign and Commonwealth Office, [...]
Cannes 2014: old boys dominate the selection again May 15, 2014 From Cronenberg to Godard, familiar names leave room for only five Palme newcomers TWO DAYS ago, the Cannes Film Festival opened with a right royal stinker. Nicole Kidman’s Grace Kelly biopic Grace of Monaco was met with a galaxy of one star reviews, the consensus being that it surpassed even last year’s Naomi Watts’ Diana [...]
Eagle Eye jumps on float and closes its £4.5m 2ergo takeover April 16, 2014 RETAIL and hospitality voucher firm Eagle Eye Solutions, where former Tesco boss Sir Terry Leahy is an investor and director, saw its shares jump almost 10 per cent to 180p during its first day of trading yesterday. Eagle Eye raised £6m from its oversubscribed placing on London’s Alternative Investment Market, hitting a £36m valuation. “Today’s [...]
Six Nations: Lancaster eyes title as England end their Triple Crown wait March 9, 2014 ENGLAND 29 WALES 18 PROUD England coach Stuart Lancaster urged his players to refocus on this week’s Six Nations finale in Italy after they swept aside Wales yesterday at Twickenham to claim their first Triple Crown for 11 years. First-half tries from scrum-half Danny Care and centre Luther Burrell, allied to the unerring boot of [...]
New boss of government’s bank shares makes changes on day one October 28, 2013 THE BANKER in charge of the government’s stake in the bailed out banks shook up management at UK Financial Investments (UKFI) in his first day on the job yesterday. James Leigh-Pemberton came from Credit Suisse to take over as chief executive of UKFI, and in the New Year will become its executive chairman, a new [...]
There will be a woman on our notes – Bank of England confirms Jane Austen will be on the £10 July 24, 2013 The Bank of England has confirmed that Jane Austen will feature on the next £10 note, due to be introduced in 2016. She replaces Charles Darwin. We'll be waiting just under a year for a (non-Royal) woman on our cash, as Sir Winston Churchill replaces Elizabeth Fry on the £5 issue. The image of Austen [...]
Bursting bond bubble will destroy wealth on a giant scale January 21, 2013 ONE of the greatest risks facing the world economy is a wholesale crash in government bonds markets. Yields on UK gilts, US Treasury bonds and others are still much too low – and that means that capital values are too high (the price of fixed income securities move inversely to their yield). Given the extraordinarily [...]
Who’s switching jobs November 19, 2012 Smith & Nephew Julie Brown has been appointed chief financial officer at the medical technology business. She joins from AstraZeneca, where she was vice president for group finance and interim chief financial officer. Brown was at AstraZeneca for 25 years, and previously qualified as a chartered accountant at KPMG. Natixis Global Asset Management The asset [...]