Renault shares plummet as chairman Carlos Ghosn arrested after financial misconduct investigation November 19, 2018 Shares in Renault plunged 10 per cent this morning as the car manufacturer's chairman and chief executive was arrested on suspicion of under-reporting his salary. Carlos Ghosn, who is also chairman of car manufacturer Nissan, is being investigated by Japanese authorities and has been arrested by prosecutors, according to Reuters. In a statement Nissan said [...]
Crunch time: Edible insects hit supermarket shelves as UK goes nuts for bugs November 19, 2018 Roasted crickets hit supermarket shelves yesterday as Sainsbury’s became the first UK retailer to stock edible insects. The supermarket chain has launched a range of barbecue-flavoured crunchy roasted crickets, which are described as “crunchy in texture with a rich smoky flavour”. The crickets cost £1.50 per packet and are available in 250 Sainsbury’s stores across the [...]
Flower in the City: The Tulip could be the tallest tower in the Square Mile November 19, 2018 New proposals to build the tallest ever tower in the Square Mile were revealed this morning, as City planners prepare to open their doors to a fresh wave of skyscrapers that could transform London’s skyline. Developers have submitted plans to build a dramatic 305-metre viewing attraction dubbed ‘The Tulip’, which would be built alongside The [...]
Dropping ‘mansize’ from Kleenex boxes is a good move, but won’t solve gender inequality November 19, 2018 Last month, Kleenex finally scrapped the use of the word “mansize” from its branding after 60 years on the shelves. The decision sees the world-famous tissue brand become the latest in a long line of well-known names to distance itself from gender-specific marketing. In recent decades, Yorkie’s “it’s not for girls”, Snickers’ “get some nuts”, [...]
Thank God it’s Black Friday – why retailers need price transparency to make a success of the festive season November 19, 2018 During the early days of what quickly became known as the “retail apocalypse” back in 2010, a commentator or retailer would come out in the press and say that all the doom and gloom was overstated. The sector, they’d argue, was merely riding out a bumpy stretch of road, and would undoubtedly emerge on the [...]
Beware office banter – you don’t know who you might offend November 19, 2018 Late last month, Topshop owner Sir Philip Green rejected allegations that he had engaged in unlawful racist or sexist behaviour, saying that as far as he was concerned there had been some banter, but that this had never been offensive. At this stage, it is not possible to say whether there is any truth at [...]
Listen up: Sideways 6 helps you hear your staff’s great ideas November 19, 2018 There are lots of reasons you might not be happy with your job. Maybe you don’t like the work itself, or your colleagues? Perhaps the requests of your clients (or your manager) are too demanding? But even if you like your job, it could be that you don’t feel respected – maybe your bosses aren’t [...]
DEBATE: Netflix consumes 15 per cent of global net traffic – will an online traffic jam break the internet? November 19, 2018 Netflix consumes 15 per cent of global net traffic – will an online traffic jam break the internet? Carl Erik Kjaersgaard, chief executive of Blackwood Seven, says YES If the current internet infrastructure remains the same, this could be a risk. Netflix’s current consumption is only the tip of the iceberg. This statistic – published [...]
Cyber committee urges government to do more to combat security risks November 19, 2018 The UK government is in dire need of political direction on responding to national cyber security threats, as current efforts have left the country's infrastructure and businesses "wholly" unprepared for another attack. The joint committee on the national security security strategy warned today that the UK's critical infrastructure sectors, including energy, health services and water, face a [...]
Legal Q&A: How can a group of leaseholders buy the freehold of their properties if some of them are sublet? November 19, 2018 We are a group of leaseholders considering buying the freehold of our block of flats. Many of the owners sublet their flats and the rest of us are worried about potential delays and in particular, receiving funds on time. Can you advise? Many blocks, particularly in London, experience reduced owner occupancy, which does make coordinating [...]