Profits bounce back at Galliford Try but bypass woes loom September 12, 2018 Galliford Try’s profits soared 145 per cent in the last 12 months, in a sign that the construction group is recovering from a series of setbacks it suffered earlier in the year. Pre-tax profits jumped from £58.7m to £143.7m in the year leading up to the end of June 2018, pushing Galliford’s share price up [...]
Immigration has been at the heart of Sweden’s tech triumph September 12, 2018 Last Sunday, Swedes headed to the polls. The eyes of the world were on us, with the election result a potential barometer of other populist movements across Europe and further afield. The Sweden Democrats, an emergent nationalist party, grabbed the global headlines with their focus on immigration and contempt for the EU. Other parties, competing for [...]
DEBATE: Should gig economy workers be given more rights and protections, as John McDonnell suggests? September 12, 2018 Should gig economy workers be given more rights and protections, as John McDonnell suggests? Brhmie Balaram, senior researcher in the RSA’s Economy, Enterprise and Manufacturing team, says YES. I imagine most people would agree with John McDonnell that it would be desirable to grant gig economy workers more rights. At the same time, they might [...]
Plus-size retailer N Brown Group announces departure of chief executive Angela Spindler September 12, 2018 Digital fashion retailer N Brown Group has announced chief executive Angela Spindler will step down at the end of the month. Current chief executive officer of the financial business, Steve Johnson, will step into the job until a permanent replacement is found. The online outlet, which stocks plus-size brands such as Simply Be and Jacamo, [...]
The economic answer behind superstar salaries September 12, 2018 Rugby Union’s Premiership season is underway again. This is yet another professional sport which operates on the principles of socialism: the money all ends up in the pockets of what we might call the “workers”. In a sport which was allegedly only played by amateurs until the mid-1990s, earnings have boomed. The average salary in the [...]
Get the picture: The future of art is becoming transparent September 12, 2018 “Damien Hirst should run Lehman Brothers,” quipped an art collector after the artist’s outstanding auction the day after the investment bank’s collapse in September 2008. While the famed artist may have faded from the news, the art market has proliferated for most of the decade since. In these 10 years, those wanting to collect art, participate [...]
TfL updates plans for Bakerloo Line extension following public consultation September 12, 2018 The public strongly supports an extension of the Bakerloo Line beyond Elephant & Castle, Transport for London (TfL) has said, and could be completed by 2029. TfL says the Bakerloo Line extension, supported by the line upgrade that will increase the frequency of trains, will support at least 25,000 new homes and 5,000 new jobs and reduce overcrowding [...]
Business can reap the rewards of longer life, but only if we avert the looming care crisis September 12, 2018 That everyone is living longer is a fantastic achievement. Not just for individuals, but for society. We have seen incredible advances in life expectancy – and in 15 years, the UK will have 1.2m more people aged 85 than today. But there is no point living those extra years if we spend them in poor [...]
Sports Direct chair Keith Hellawell to step down from board following pressure from City adviser September 12, 2018 Chairman of Sports Direct Keith Hellawell is to step down from the board after the company's annual meeting later on today after facing pressure from an influential City advisory group. Hellawell has served as chair since November 2009, David Daly, a non-exec director will take on the role of chairman after the meeting with shareholders later today. [...]
ERG’s post Brexit plans for Irish border revealed September 12, 2018 The Irish border issue can be resolved through "the mutual trust on which regular trade depends", a new proposal put forward by pro-Brexit MPs today has said. The European Research Group's 19-page document suggests existing technology will make border checks unnecessary, while physical inspections can be carried out at exporters' or importers' premises, with exemptions for "the [...]