No snowflakes here – time to get ready for the New Working Order November 29, 2018 Ignorance is not bliss when it comes to understanding the next generation that will shape our futures. United Nations data shows us that Generation Z – those born after 2000 – will account for 32 per cent of the global population in 2019, and when combined with millennials, over 50 per cent of the global [...]
DEBATE: Is there any point in having a televised debate over Theresa May’s Brexit deal? November 29, 2018 Is there any point in having a televised debate over Theresa May’s Brexit deal? Mo Lovatt, lecturer in Cultural and Creative Industries and co-chair of The Great Debate, says YES. The message coming out of the Prime Minister’s office this week is that “people are bored with Brexit”, so it’s time to #BackTheBrexitDeal. The strategy is [...]
Prosperity is the key to solving the migration crisis – and that starts with security November 29, 2018 Here’s some very good news: global prosperity is at its highest level ever. The Legatum Prosperity Index tracks 149 countries, and the 2018 results out this week see prosperity continuing to rise across the world, both over the last year and over the last 11 years. More countries are becoming prosperous and more people are living [...]
Instagram has become a scammer’s paradise November 29, 2018 Today, like every day, £87,000 will be lost to online scams, with social media platforms used as a key access point. Fraudulent activity is particularly prolific on Instagram, where scammers use the unregulated landscape and image-oriented design to pose as traders and con people out of thousands of pounds. Instagram’s success has been built around [...]
Thomas Cook falls to £53m loss confirming turbulent year caused by UK heatwave November 29, 2018 Thomas Cook has confirmed a pre-tax loss of £53m in a “disappointing” year for the travel operator, which has seen its value tumble. The package holiday provider, which issued a profit warning earlier this week, reported the £53m loss today, significantly down on the £43m pre-tax profit it posted in the year to September 2017. [...]
Gambling Commission hits online casino operators with nearly £13m in fines November 29, 2018 Regulator the Gambling Commission has levied fines worth nearly £13m on two online gaming operators, it said today. Two companies were fined for failing to put in place effective safeguards to prevent money laundering and keep consumers safe. Daub Alderney was ordered to pay £7.1m while Casumo was ordered to pay £5.85m. A third company, Videoslots, [...]
Unilever chief executive set to retire at the end of the year after shareholder revolt against plans to scrap dual-listed structure November 29, 2018 Unilever’s chief executive is set to step down at the end of the year, the company revealed today. Paul Polman will retire by the end of 2018, the maker of Dove soap and Marmite said, staying on to help with the transition as the company’s president of beauty and personal care, Alan Jope, takes up the [...]
John Whittaker-led consortium abandons £2.9bn offer for Intu, sending shares crashing November 29, 2018 Intu’s share price nosedived by 36 per cent this morning after a consortium ditched plans to pay £2.9bn for the shopping centre empire, blaming market uncertainty. Intu had repeatedly extended the deadline for the offer from a consortium led by billionaire shareholder John Whittaker, but today the consortium said it would abandon the takeover attempt. “Given the [...]
Brexit uncertainty drives car manufacturing down nearly 10 per cent, SMMT warns November 29, 2018 Car manufacturing fell by 9.8 per cent in October as global market turbulence and Brexit uncertainty continue to hit the industry. Figures from the Society of Motor Manufacturers and Traders (SMMT) out today show 15,255 fewer cars year-on-year came off production lines last month, marking the fifth consecutive month of decline. The influential trade body [...]
Revolut to launch in Japan and Singapore, as US expansion experiences further delays November 29, 2018 Fintech startup Revolut has received authorisation from regulators in Japan and Singapore, operating under a licence similar to its UK business through partnerships with local banks. The banking app hopes to launch in the Asia Pacific region in the first quarter of next year, with over 50,000 users already on its waiting list. The news comes [...]