US alternative lender Trade Finance Solutions opens London office on the road to global growth as Europe chief dismisses Brexit worries June 22, 2016 US alternative lender Trade Finance Solutions (TFS) has opened a London office as it targets further expansion outside of North America. The office opening comes just one day before the UK takes to the polls to vote over its membership of the European Union, which has sparked levels of volatility in the market not seen since the [...]
RMT union says Govia Thameslink Railway franchise is being given permission to cancel 350 trains a day July 4, 2016 Govia Thameslink Railway (GTR) has been given permission by the government to introduce an emergency timetable from next Monday, allowing them to cancel 350 more trains a day, a union has warned. The RMT union said the figures were confirmed to the union at a GTR meeting on Friday, and that the emergency timetable will [...]
Companies will reap the rewards if they help make Brexit work for Britain October 3, 2016 Twelve years before Tim Berners-Lee invented the World Wide Web, Toronto-born social psychology professor Lee Ross was studying what he called the false consensus effect at Stanford University. Ross found that people falsely believe there is a consensus on an issue, even if wider data runs contrary, because those around them think the same way [...]
Fifa sponsors Visa, McDonald’s and Coca-Cola come together to demand change at football’s governing body July 24, 2015 Fifa has admitted it has struggled to attract new sponsors amid allegations of widespread corruption within the organisation. Read more: Visa threatens to withdraw Fifa sponsorship General secretary Jerome Valcke said the uncertainty surrounding president Sepp Blatter's future and the arrests of top officials had put negotiations for future sponsorships on hold. Football's governing body has [...]
Tesco Mobile is offering you cash back in exchange for looking at ads June 9, 2016 Tesco Mobile is offering customers the option to swap ads for money off their bill. The budget mobile brand, which runs on O2's network, has partnered with Australian ad and content company Unlockd and will let Android mobile customers knock £3 off their monthly bill. Tesco Mobile customers are able download an app from the Google Play store that [...]
Who’s in and who’s out of Jeremy Corbyn’s frontbench team? June 27, 2016 The Labour Party has been plunged into turmoil following the EU referendum result, with mass resignations, a leader who insists he is going nowhere and the prospect of bitter leadership battles in both the Labour and Conservative parties this summer. With the string of frontbench resignations stacking up and Jeremy Corbyn himself scrambling to announce replacements, for [...]
Halfords goes for a spin with Tredz and Wheelies May 24, 2016 Halfords has bought premium bike business Tredz and specialist insurance firm Wheelies Direct from founders Keith and Michael Jones for £18.4m. Tredz and Wheelies are based in South Wales, and employ around 250 people across the UK. Keith Jones and his senior team will continue to manage the businesses "on a standalone basis" The two businesses generated revenue of around £32m for the [...]
The surprise winners and losers from Pokemon Go July 25, 2016 Who's the biggest winner from the Pokemon Go craze? Who wouldn't be saying Nintendo at this point in time? But, it's more like Pokemon No… The Japanese games firm today revealed that the hottest game in town will only have a limited impact on its profits after all. Say what? Yep, read on to find out why [...]
London companies lost £16bn in 2015 due to risks within their control – KPMG Enterprise May 23, 2016 Businesses in London lost around £16bn last year due to risks within their control, according to new research out today. Firms suffered particularly from an over-reliance on a small number of suppliers and customers, which left them vulnerable to "costly fractures in their supply chain and a loss of vital revenues", according to KPMG Enterprise. [...]
Olympics and Euro 2016 sponsors who don’t take risks like Paddy Power’s Nicklas Bendtner stunt will fall behind to smaller businesses July 1, 2016 This summer’s raft of sporting events creates a global platform for businesses to raise their profile with sponsorship deals. But as marketing campaigns get more creative, innovative and technologically advanced, are traditional sponsorship packages at the Olympics, Euros and Wimbledon, staid, safe and a little boring in comparison? A study out this week showed which [...]