Where Co-op will open 30 new stores before Christmas December 10, 2019 Co-op is aiming to open 30 new stores in the run-up to Christmas, as it invests £25m in sites at transport hubs, residential blocks and key city locations. The new stores are expected to create up to 500 jobs, bringing some festive cheer to the UK retail industry following a challenging year for the high [...]
The Beeb needs reform December 10, 2019 In an unconventional move for a frontline politician at election time, Boris Johnson yesterday offered an honest and reasonably clear answer to a question. Asked what he thought of the BBC licence fee he said — whilst muttering something about not concocting policy on the hoof —that it seemed rather outdated. Well, he’s right. Some [...]
Leading German think tank supports minimum global tax rate plans November 20, 2019 A leading German economic think tank has voiced its support for the OECD’s plans for an international minimum corporate tax rate. The Paris-based international organisation has proposed an overhaul to global tax rules that would ensure companies pay a minimum tax rate in their home countries, establishing “a floor for tax competition among jurisdictions”. Read [...]
The investor’s dilemma: do sustainable funds need a digital detox? March 3, 2021 Netflix documentary The Social Dilemma makes for uncomfortable viewing for users of social media channels such as Facebook, Instagram, Snapchat, YouTube or Twitter. i.e. pretty much all of us. And as a sustainability specialist who invests (at the time of writing) in Alphabet , the parent company of Google and YouTube, I find the issues covered extra [...]
Ocado falls to £215m loss after Andover warehouse fire February 11, 2020 Online supermarket Ocado fell to a £214.5m loss last year, which the company blamed on a huge fire which burned down one of its warehouses in Andover last February. The figures Group revenue rose 9.9 per cent in the year, up from £1.6bn in 2018 to £1.8bn this year. This was largely driven by 10.3 [...]
Telegraph managers prepare bid as media group goes up for sale October 27, 2019 Suitors will be starting to line up bids for the Telegraph this week as the billionaire Barclay brothers prepare to sell the newspaper group. A group of former senior managers at the Telegraph are among City figures circling, and are looking for backers to bid for the media group, the Sunday Times reported. Read more: [...]
National Portrait Gallery to close for three years November 5, 2019 The National Portrait Gallery announced today it will close to close to the public for three years to allow a £35.5m refurbishment to take place. The renovation work – which will begin next year- will include a new entrance and “significant” refurbishment inside the listed building. Read more: National Portrait Gallery drops donation from Sackler [...]
Business leaders join forces to push competitiveness agenda for UK November 15, 2019 Business leaders from companies such as John Lewis, Lloyds Banking Group, Deloitte and BAE Systems will meet today to promote the importance of business competitiveness. A business group pushing the competitiveness agenda called Be the Business will today launch Business Leadership for a Better Decade campaign to try and demonstrate the importance of competitiveness to [...]
Give me Liberty or Give me TikTok July 14, 2020 Bytedance’s superstar mobile app, TikTok has risen to hero status becoming the go-to source of entertainment during lockdown. Viral dance challenges, comedic skits and short snippets of video content have grabbed the attention of over 1 billion monthly users. In a time where uncertainty and boredom reigns, a bit of creative romance is received with [...]
Philip Hammond is mulling special ‘Amazon tax’ for online retailers to counter high street woes | City A.M. August 10, 2018 Chancellor Philip Hammond has said he is considering a new tax for online businesses in recognition of the challenges faced by high street retailers. Hammond told Sky News he believed “the nature of the offer on the high street” was changing permanently. “There’s going to be less retail, more leisure, bars, community facilities,” he said. [...]