Millennial salaries set to pick up after period of low growth post-crash, says think tank September 16, 2018 Millennial workers should be looking forward to an upturn in their pay packets after 10 years of "tepid" growth following the financial crash, according to an influential think tank. Despite average wages increasing 2.6 per cent in the three months up to July, growth is currently just ahead of the inflation rate. But a study [...]
ITV enters race to buy Peaky Blinders, Big Brother and The Fall maker Endemol Shine September 16, 2018 UK media titan ITV has entered the race to snap up the production company behind shows such as Big Brother, Peaky Blinders and The Fall, Endemol Shine. The Dutch company, which is worth around $4bn (£3bn) is owned jointly by private equity firm Apollo and 21st Century Fox, and has also attracted a number of other potential suitors. [...]
ITV enters race to buy Peaky Blinders, Big Brother and The Fall maker Endemol Shine September 16, 2018 UK media titan ITV has entered the race to snap up the production company behind shows such as Big Brother, Peaky Blinders and The Fall, Endemol Shine. The Dutch company, which is worth around $4bn (£3bn) is owned jointly by private equity firm Apollo and 21st Century Fox, and has also attracted a number of other potential suitors. [...]
Post Office continues turnaround as it makes a profit for the second year in a row September 13, 2018 The Post Office revealed it was making good progress on its turnaround as it posted a profit for the second year in a row. The figures In its full-year results released today, trading profit more than doubled from £13m last year to top £35m while turnover was boosted by £4m to reach £961m. In retail, its revenue [...]
Post Office continues turnaround as it makes a profit for the second year in a row September 13, 2018 The Post Office revealed it was making good progress on its turnaround as it posted a profit for the second year in a row. The figures In its full-year results released today, trading profit more than doubled from £13m last year to top £35m while turnover was boosted by £4m to reach £961m. In retail, its revenue [...]
Apprenticeship levy scrutinised once again as number of new starters dives 28 per cent September 13, 2018 The government's apprenticeship levy was once again scrutinised by business leaders today after figures showed the number of new apprenticeships had fallen 28 per cent compared to the same time last year. Under the scheme introduced during George Osbourne's tenure as chancellor, businesses with a payroll of £3m or more must dedicate at least 0.5 per cent of [...]
Apprenticeship levy scrutinised once again as number of new starters dives 28 per cent September 13, 2018 The government's apprenticeship levy was once again scrutinised by business leaders today after figures showed the number of new apprenticeships had fallen 28 per cent compared to the same time last year. Under the scheme introduced during George Osbourne's tenure as chancellor, businesses with a payroll of £3m or more must dedicate at least 0.5 per cent of [...]
Former Barclays boss Bob Diamond claims banks are too risk-averse since financial crash September 13, 2018 The former boss of Barclays, Bob Diamond, has said that banks are too risk averse in today's post-financial crash environment. Diamond, who was once described as the "unacceptable face of banking" by Labour minister Peter Mandelson, took a different tone ahead of the 10-year anniversary of the Lehmans Brothers collapse on Saturday. "The culture of banking [...]
Former Barclays boss Bob Diamond claims banks are too risk-averse since financial crash September 13, 2018 The former boss of Barclays, Bob Diamond, has said that banks are too risk averse in today's post-financial crash environment. Diamond, who was once described as the "unacceptable face of banking" by Labour minister Peter Mandelson, took a different tone ahead of the 10-year anniversary of the Lehmans Brothers collapse on Saturday. "The culture of banking [...]
WPP appoints Mel Edwards as Wunderman boss following Mark Read’s promotion to top job September 13, 2018 One of WPP's biggest ad agencies Wunderman today announced it had appointed a new chief executive to replace Mark Read. Following Read taking the top job earlier this month, WPP said Mel Edwards had been hired as the agency's chief executive, effective immediately. Edwards will oversee 9,200 people in 200 offices and 70 markets in the [...]