How statisticians are trying to change the way we measure poverty September 17, 2018 We can judge the moral fibre of a society by how it treats its least well-off members. That sounds like a reasonably straightforward idea. But knowing who the poorest people are is not as easy as it sounds. The traditional measure of poverty in the UK has been to consider a household as being in [...]
Jaguar sues watchmaker Christopher Ward over D-Type watches September 16, 2018 Carmaker Jaguar has launched a High Court claim against luxury watchmaker Christopher Ward. Jaguar claims that Christopher Ward infringed its copyright when it sold D-Type watches, named after the iconic Jaguar racing car. The carmaker claims that the sale of the watches infringes its copyright and damaged Jaguar’s distinctive character. Read more: Jaguar boss warns [...]
Pay for bosses at star architect Norman Foster’s firm triples September 16, 2018 Payments to partners in the firm of star architect Norman Foster more than tripled last year despite a fall in profits. Foster and Partners bosses shared £23.4m in the year ending in April, up from £7m last year, according to the firm’s latest annual filing. The firm, the largest architecture practice in the UK with [...]
Hedge funds circle Kier as construction giant “under shadow of Carillion” September 16, 2018 Hedge funds that made millions from the collapse of Carillion have turned their attentions to Kier as it prepares to shed light on its cost saving plan. The construction giant will reveal details of its streamlining and efficiency programme, alongside its yearly results, later this week. Short-sellers have built a 17.3 per cent short position [...]
Canadian Center Parcs-owner increases dividend more than 500 per cent despite profit slipping September 16, 2018 The Canadian owner of Center Parcs increased the dividend it took out of the holiday park operator by more than 500 per cent last year, despite a slide in profits. Brookfield took £298m in dividends from Center Parcs last year, up from £45.8m the year before, its accounts show. Center Parcs was hit by the [...]
Companies dragging feet on encouraging boardroom diversity, report claims September 16, 2018 Corporate governance regulator the Financial Reporting Council (FRC) has criticised top British companies for having a lax attitude on encouraging boardroom diversity, accusing businesses of taking a “tick-box” approach. A report conducted by the FRC by the University of Exeter Business School found that only 15 per cent of FTSE 100 companies were in full compliance [...]
Ellie Norman interview: Formula One’s director of marketing and communications talks attracting new fans, eSports and grid girls September 16, 2018 Formula One is in good health. Helped by the enduring storyline of Lewis Hamilton and Sebastian Vettel’s rivalry, dramatic recent races and all the usual combinations of technical intrigue, the sport is doing well on the track. With six races left in the 2018 calendar there are 40 points separating the brash Brit and his [...]
Korean state-owned bank reportedly in £182m offer for One Poultry September 16, 2018 State-owned Industrial Bank of Korea (IBK) has reportedly offered £182m to buy One Poultry, the landmark office building close to the Bank of England. IBK is working with Hana Financial Group, a large Korean asset manager, on the bid, according to the Financial Times. The controversial building, which was voted by Time Out magazine readers [...]
Tiger Woods v Phil Mickelson: Is the $9m match good for golf or a tacky sideshow? September 16, 2018 Over the next few weeks the attention of golf fans will be increasingly drawn to a genteel corner of France nestled by the Palace of Versailles, where Europe and the United States will resume hostilities in the finest traditions of the Ryder Cup. Once that’s over, however, an altogether gaudier spectacle will be competing for [...]
My Sporting Life: Landor’s chief creative officer Peter Knapp on West Ham, archery and the Olympics September 16, 2018 Peter Knapp, chief creative officer at global branding and design agency Landor talks West Ham, lower league football, archery and the Olympics. What is your sporting passion? My passion, my obsession and therefore my depression, is West Ham United. From a very early age, despite all of my family supporting Tottenham, fate decided that I’d be [...]