Why beer brewer Carlsberg got back in touch with its Danish roots September 17, 2018 In August 2018, Carlsberg unveiled a new pub. Its maiden pint was pulled not in a well-trafficked city-centre location, but in a woodland clearing. Instead of a glamourous launch party, the cheers of just six people greeted the first round. It’s a little odd to think of a big beer brand undertaking a marketing campaign [...]
DEBATE: Should parliament change the rules to allow proxy voting for MPs with small children? September 17, 2018 Should parliament change the rules to allow proxy voting for MPs with small children? Alison McGovern, Labour MP for Wirral South and former shadow city minister, says YES. All British parents have the right to leave when they have a baby. In fact, mothers now have to take two weeks off. But if you are [...]
Google rival Pricesearcher among private firms to join stock exchange capital-raising scheme September 17, 2018 Nine “ambitious” private companies, including a potential search engine rival to Google, have been selected to join the London Stock Exchange's capital-raising programme. The stock exchange has this morning added another cohort of companies to its ELITE programme, which gives fast-growing private firms access to expertise and investors. Pricesearcher – an unbiased search engine for [...]
Salesforce founder Marc Benioff buys Time magazine for $190m September 17, 2018 Salesforce founder Marc Benioff and his wife are buying Time Magazine in a $190m (£145m) cash transaction. Benioff, whose personal wealth is estimated at $6.7bn, and his wife Lynne are buying the iconic brand from current owner Meredith Corporation in a personal purchase unrelated to Benioff’s sales software company. The billionaire couple won’t be involved [...]
Improving workers’ mental health through better urban design could add £15bn to the economy, says British Land September 17, 2018 The economy could be given a £15bn boost if cities were designed in a way which improved the mental health of workers, according to a new study by British Land. Creating cities with more communal seating and recreational areas, more greenery and improved walkways and cycle facilities could all massively contribute to the UK economy. British [...]
Serious Fraud Office increasingly asking firms to hand over data without court approval September 17, 2018 Big businesses are increasingly being asked to hand over information for investigations to the Serious Fraud Office (SFO) without the government agency going through the courts for approval, according to a report out today. International law firm Pinsent Masons said the number of 'Section 2' notices issued by the SFO has more than doubled in the past [...]
Government tests new robot fleet to battle chemical attacks September 17, 2018 The government is testing a new fleet of robots and drones, designed for use in hazardous environments in the UK and on foreign battlefields. A £3m research effort, named Project Minerva, includes producing drones designed to climb stairs and robots weighing less than a bar of soap, which are designed to reduce the risk to [...]
Charity chief completes seven marathons across seven continents to raise £36,000 September 17, 2018 A City charity chief executive has completed a personal ambition to run seven marathons across seven continents, raising almost £36,000 for charity in the process. John Craven, who heads social mobility charity Upreach, finished his epic undertaking last week with a run through Chile’s Patagonia region. He overcame “relentless and unforgiving” 40–45mph headwinds to finish [...]
Consumer spending bounces back in August after mid-summer lull September 17, 2018 British consumer spending rose in August after falling in July, according to data to be published today. Spending rose by 0.4 per cent in the month, after a decline of 0.9 per cent in July, according to the figures from card payments firm Visa. Expenditures have now increased in three of the last four months, [...]
Hong Kong and China face losses of $120bn as typhoon causes devastation September 17, 2018 Hong Kong and China could be hit with economic losses of more than $120bn (£91bn) as Typhoon Mangkhut reached the mainland yesterday and devastated the region. The super typhoon became the strongest storm of the year yesterday as its ripped through the Philippines, where 49 people were confirmed dead, and reached Hong Kong. Skyscrapers swayed [...]