The language of love sweet-talks the City February 7, 2017 Parisians are often stereotyped as being a little rude. While this may ring true with anyone who has ever tried to catch a waiter’s eye in one of the city’s restaurants, yesterday it was all charm and warmth as a delegation from the French capital set out their stall to City execs. Paris joins the [...]
Amazon is looking for shop space in London, according to reports February 5, 2017 Tech giant Amazon has reportedly started searching for shop space in central London as part of its move into the grocery market. Amazon first revealed its ambitions to open grocery stores last December under the banner "Amazon Go". In a video, Amazon said it was using technology to create a shop with no check outs. Customers would [...]
Entrepreneurs mad at Donald Trump should come to France, says Presidential hopeful Emmanuel Macron February 5, 2017 French Presidential hopeful Emmanuel Macron has reached out to entrepreneurs, academics and scientists in the US reeling from President Trump's travel ban and welcomed them with open arms to the country. "I want to make a solemn call to all the researchers, academics, businesses who in the United States are battling obscurantism,” he told a rally [...]
Rising social awareness is driving a business start-up revolution February 3, 2017 It’s a growing global movement reflecting a shift towards a more inclusive business model: social entrepreneurship promotes new approaches to solve old social problems, creating shared financial and social value. The UK is viewed around the world as a leader in social enterprise and creating social value through entrepreneurship. According to the UK Government, there [...]
Amazon’s sales jumped in the last quarter, but it missed analyst targets February 2, 2017 Online retail giant Amazon.com's share price fell four per cent in after-hours trading as operating income and revenue for the fourth quarter fell lower than expected. The figures Amazon reported a 22.4 per cent increase in its fourth-quarter revenue, driven by strong sales in the holiday period and increased Prime subscriptions. Net sales were up [...]
Now Londoners can get breakfast delivered from UberEats January 31, 2017 Lucky Londoners can get their hands on a free box of croissants this morning, thanks to UberEats and Paul. Uber's joined the breakfast club, adding a breakfast menu from several restaurants to its food delivery service. Purveyor of pastries Paul will be one of the six restaurants delivering a morning pick me up to Londoners [...]
Ocado’s share price jumps eight per cent at the open on profit surge January 31, 2017 Ocado's share price jumped eight per cent at the open as it reported a spike in profits. The company's full-year profits beat expectations – despite rising labour costs and price deflation throughout last year. The figures In its results for the year ending 27 November, Ocado reported a 13.6 per cent rise in gross retail sales, up from [...]
Amazon and Expedia back Washington state’s lawsuit against Trump’s travel ban January 30, 2017 The state of Washington is set to take Trump to federal court with the help of technology companies Amazon and Expedia to challenge the US President's executive order to ban travel from certain countries. Attorney general Bob Ferguson today said he was filing a lawsuit against President Donald Trump, the US Department of Homeland Security and [...]
The City should welcome apprenticeships to build a higher-skilled economy for all January 30, 2017 The City of London Corporation recently announced its pledge to hire 100 new apprentices. This figure, combined with 17 current positions, will give 117 career-starters a role in the organisation. This echoes Sadiq Khan’s recent calls for more powers to build skills among London’s workforce – and to help keep the capital globally competitive in [...]
Five numbers that explain the merger between Tesco and Londis owner Booker January 27, 2017 This morning, Tesco announced it would be making the biggest supermarket merger in UK history and would be gobbling up wholesaler Booker Group. Here are five key numbers that explain the landmark deal. £3.7bn The deal has valued Booker at £3.7bn; each Booker shareholder will get 0.861 shares and 42.6p in cash for every Booker share. [...]