This generation of children will work until they’re 100 and work 40 jobs, warns futurologist Rohit Talwar at headteachers’ conference October 7, 2015 Thought millennials were changing the workplace? They're nothing compared to today's generation of children, who will have careers that are almost unrecognisable compared with the current workforce, a futurologist has warned. Rohit Talwar, the founder of trend researcher Fast Future, told a headteachers' conference in St Andrews yesterday that kids today will have "portfolio careers" that could [...]
As Tesco’s share price drops to an 18-year low, it’s clear the rollercoaster ride will continue for some time yet December 10, 2015 Tesco has turned back time this week, with its share price dropping to an 18-year low. The less said about what was going on in 1997 the better – instead, we turn our focus to the rollercoaster ride that is the UK's largest retailer. Dave Lewis has certainly ushered in some change, but given where Tesco's [...]
Minority Game: What stock investors can learn from the failure of Black Friday December 1, 2015 Black Friday has come and gone, but the massive surge of shoppers which was anticipated in much of the media failed to materialise. Many retail outlets were quieter than a normal Friday. In contrast, internet shopping went wild. Amazon had its biggest ever day in the UK, selling over 7m items. Argos and John Lewis [...]
Bezos praises UK stance on drone delivery August 16, 2015 AMAZON founder Jeff Bezos believes Britain’s regulatory agencies are more advanced than America’s when it comes to delivery by drone. Speaking to the Telegraph, Bezos said: “The FAA [the US aviation regulator] is catching up a little here… But the UK has been, I’d say, a very encouraging example of good regulation. We like what [...]
Tech giants warned of second digital revolution over next decade October 6, 2015 The world's biggest companies face a rising threat over the next decade, as new technologies and innovations open the way for agile start-ups and entrepreneurs to steal market share. The digital economy is set to become a £3.2 trillion market by 2025, according to research from consultancy Ovum, a 29 per cent climb on today’s [...]
Amazon glitch sparks sales bonanza for 1p items December 14, 2014 Customers cheered after a software glitch meant thousands of items from online retailer Amazon's website were on offer for as little as 1p. The glitch, which happened between 7pm and 8pm on Friday, led to hundreds of toys, clothes and home furnishings being sold off at bargain prices. But small businesses have scolded the glitch which [...]
Why the UK always falls short in global innovation rankings November 12, 2015 Innovation is often cited as the Holy Grail of any politician. Without it, wealth creation becomes harder and economies can stagnate. Yet developing and encouraging this innovation is harder than it looks. That certainly seems to be the case in the UK, which once again is not represented in the latest Thomson Reuters study on [...]
Amazon Original Movies: Full-length feature films planned for cinema release will start production this year January 19, 2015 Amazon is getting into the movie business with the launch of a new venture producing full-length feature films to be screened in cinemas. Hot on the heels of its Golden Globe win for TV series Transparent, an original TV series which aired on its streaming service Amazon Prime Instant Video, the retailer will begin producing [...]
Sunday trading: Liberalising retail laws is a win-win for staff, shoppers and business November 11, 2015 Yesterday saw – amidst what is best described as confusion – the Government enact a classic reverse ferret on plans to devolve the regulation of Sunday trading hours to Local Authorities, after members of the SNP joined Labour and some Tory dissenters in registering their opposition to the plans. It is deeply disappointing. It is, [...]
Starbucks and Fiat EU tax ruling: Luxembourg and Netherlands no longer corporation tax sweethearts October 21, 2015 Starbucks and Fiat are in for a very large tax bill. €30m to be exact. Each. The EU has ruled that “sweetheart” tax deal arrangements between large corporations and individual countries amount to state aid and are therefore illegal. "All companies, big or small, multinational or not, should pay their fair share of tax,” said [...]