Carrot or stick? For Aldi and Lidl, equal pay goes hand in hand with commercial success December 13, 2018 Kevin the Carrot, who once again features in Aldi’s Christmas advert, is proving a bigger hit with shoppers than even Elton John, star of the John Lewis ad. Soft-toy versions of the animated vegetable sold out at 4am on the day of release in some areas and have reportedly provoked fights among customers desperate to [...]
The next generation of City high-flyers are turning their backs on university December 13, 2018 When the alarm clock goes off and 19-year-old Luke Johnson has to get out of bed, shower, and put on a suit, ready to catch his train into the City, he may think wistfully for a moment of his friends from school who are still snoring away at university. “I did have a great offer [...]
City of London Corporation chiefs seek rule change after ‘gagging’ row December 13, 2018 City councillors have voted in favour of reforming the City of London Corporation’s policy on perceived conflicts following the fallout from a gagging row that has gripped the public body. The Corporation has faced accusations of attempting to muzzle representatives of City residents after Cripplegate councillor Susan Pearson was threatened with potential criminal prosecution for [...]
City of London Corporation accused of ‘dragging feet’ over Aung San Suu Kyi award December 13, 2018 The City of London Corporation has been accused of “dragging its feet” over a proposal to remove Aung San Suu Kyi’s honorary freedom award in the wake of the Rohingya crisis in Myanmar. Last year the Corporation’s legislative body, the court of common council, passed a motion to investigate whether the honorary freedom awarded to [...]
Two Canadians held in China over national security concerns amid Huawei row December 13, 2018 China’s foreign ministry today confirmed it has detained two Canadian nationals on suspicion of endangering national security. Businessman Michael Spavor and former diplomat Michael Kovrig were arrested on Monday, spokesman Lu Kang said today, according to Reuters. Kang said the two Canadians were being investigated on suspicion of harming China’s national security, and said the [...]
Shares in G4S jump as its says it is considering spinning off cash division December 13, 2018 Shares in security company G4S spiked this morning after the company said it was considering spinning off its armoured cash truck business. Shares rose nearly 10 per cent to 201p this morning following the news. The company said it is "reviewing options" for the separation of its cash solutions business, following the establishment of a [...]
Andy Warhol’s £6m selfie and how we can all now be famous for 15 minutes December 13, 2018 | City Talk One day in 1963, Andy Warhol walked into a New York photobooth and took what have become the world’s most famous selfies. One of these trailblazing self-portraits has just been sold at a Sotheby’s auction for just over £6m. These selfies perfectly suited Warhol’s vision of the pop art era of the late 1950s and [...]
Brexit Negotiations – The weak link in EU/UK supply chains? December 13, 2018 | City Talk Professor ManMohan Sodhi reflects on the challenges facing supply chain one year after Article 50 was triggered. When Article 50 was invoked, my initial thought was that supply-chain complexity of goods flowing back and forth across the English Channel would force both the EU and the UK to look for ways to mitigate unnecessary challenges [...]
Confronting the Robots December 13, 2018 | City Talk Professor Peter Fleming, formerly of Cass Business School, wrote an article for Demos Quarterly which argued that the age of automation is unlikely to lead to a utopian world of play, but doesn't necessarily mean a proliferation of rubbish jobs. You can read the article in full here. Dr Simone Stumpf, Senior Lecturer in the Department of [...]
3D printed sports shoes are more about your wallet than your feet December 13, 2018 | City Talk The race is on to bring 3D printed footwear to market. Adidas, Nike and Under Armour are some of the big names that have been working on delivering bespoke shoes to their customers. From the sounds of their marketing, you may be forgiven for believing that bespoke shoes are just a footstep away. But a [...]