Workers of the world unite! How the post-pandemic recovery is increasing the bargaining power of labour August 23, 2021 More than 114 million people lost their jobs over 2020, according to the International Labor Organization. Even more saw their working hours and wages cut. The worst affected industries were accommodation and food services where global employment declined by over 20%, followed by retail. These sectors were particularly hard hit by lockdowns, forced closures and plummeting tourism. Women and younger workers were badly affected. You could be [...]
Exclusive: City fund managers on pandemic volatility, inflation and value vs growth March 24, 2021 It has been a surreal year for fund managers in the City, with unprecedented volatility descending on practically every investment vehicle, asset manager or investor operating out of the Square Mile. The unpredictability of the ongoing pandemic is one of the reasons why the age-old investment-driven debate about ‘cheap’ value stocks versus ‘expensive’ growth equities [...]
Sausage roll-out: Greggs launches vegan version of pastry treat January 2, 2019 Pastry-loving vegans have cause for celebration tomorrow as Greggs the bakers rolls out a plant-based version of its most iconic snack. Vegan sausage rolls will be on sale in 950 Greggs shops from tomorrow in time for the Veganuary campaign which encourages people to cut out animal products in January. The rolls have 96 layers [...]
Selfridges, Kurt Geiger, Intu hail shopper appetite as stores reopen June 16, 2020 High-end retailers have struck a positive note after the first day of their stores being reopen since the coronavirus lockdown started in March. Selfridges, the London department store, said that footfall had been greater than expected, while other retailers and venues gave similar indications. Selfridges said: “We have been pleasantly surprised by the response as [...]
McDonald’s trials social distancing measures ahead of reopening April 28, 2020 McDonald’s will trial reopening its restaurants behind closed doors this week as the fast food giant prepares for life after lockdown. The company said it will carry out some operational tests this week to “explore what our reopening might look like”. The restaurant will remain closed to the public while tests are carried out. McDonald’s [...]
The rise of the vegans: Where to get your plant-based meat this January January 14, 2020 Whether you’re flexitarian, vegetarian, vegan or something in between, you’ll want to sample these meatless marvels. Now available everywhere. Greggs Vegan Steak Bake The rampant veganisation of Greggs continues apace with the lauch of a plant-based alternative to its most popular menu item. The vegan steak bake employs Quorn chunks in a rich onion gravy, [...]
Just Eat bags deal to deliver McDonald’s January 28, 2020 Just Eat today became the second UK delivery firm to partner with McDonald’s after signing a multi-million-pound deal with the fast food chain. The delivery giant, which is set to enter a £6bn merger with Dutch firm Takeaway.com, said the partnership will hit the road later this year. It comes as a blow to rival Uber [...]
Coronavirus: Boris Johnson’s designated survivor is Dominic Raab March 23, 2020 Foreign secretary Dominic Raab will take over prime ministerial duties if Boris Johnson is infected with coronavirus or is otherwise incapacitated. A Number 10 spokesperson, when asked who would take over in this situation, said today that Raab would fill-in as he was first secretary of state. “The prime minister has the power to delegate [...]
Burger King launches plant-based Whopper – but it isn’t vegan or vegetarian January 6, 2020 Burger King is launching a plant-based version of its Whopper in the UK, but vegans and vegetarians won’t be able to enjoy the new burger. The Rebel Whopper, which is made from soy, is not suitable for those avoiding meat because it is cooked on the same grill as the fast food chain’s beef burgers. [...]
Coronavirus: Leading UK scientists urge government to adopt herd immunity approach October 7, 2020 A range of leading UK scientists have joined experts from around the world in calling for a herd immunity approach to the pandemic by forcing the vulnerable to shield while allowing others to return to normal life. Launched in the US, The Great Barrington Declaration urges governments across the globe to scrap lockdowns in favour [...]