Lonmin’s chief operating officer Ben Moolman has resigned after two years with the troubled miner March 6, 2017 Ben Moolman has resigned as chief operating officer and director of Lonmin, one of the world's largest platinum miners, citing personal reasons. Moolman, who joined the mining company in 2015, will leave with effect from 5 April 2017. Lonmin did not name a successor. Chief executive Ben Magara said: "My colleagues and I would like to thank [...]
Absolute rubbish: Waste entrepreneur Bruce Bratley on building his recyling empire March 6, 2017 Did you know that it takes 10 days to recycle a cardboard box, and for it to become a new cardboard box? When the material is too old to re-use in the same guise, it’ll become an egg box. Another recycling factoid: coffee grounds are recycled all over London and turned into biofuel. It’s easy [...]
No, YouTube.TV isn’t going to replace broadcast television. It’s New Coke March 6, 2017 I recently learned that in Scottish dialect the word “tube” is quite the insult – an idiot – and that when YouTube was first launched, many got the wrong end of the stick. “It’s on you tube!” could quite easily be interpreted as an invitation to fight. 12 years later and as far as established [...]
Ogilvy & Mather UK’s Annette King and Emma De La Fosse: “We’re not ‘women in power’ – we’re just the right people for the job” March 6, 2017 "It turns out there are a lot of women who just have a problem with women in power,” quipped Kellyanne Conway, de facto mouthpiece of the new White House in a recent interview. While they sip tomato juice and black coffee, I present the notion of “women in power” to Annette King and Emma De [...]
Uber drivers will transport non-emergency patients around in tie-up with social care start-up Cera March 6, 2017 Uber drivers will be trained to transport non-emergency patients around, according to social care start-up Cera, which has partnered with the ride-hailing app. The partnership will also enable Cera's London-based carers to use Uber to get to the people they are caring for as quickly as possible. It forms part of an aim to "bring greater independence and [...]
Comparethemarket owner bumps up sales giving Aleksandr and Sergei something to write home about March 6, 2017 The owner of price comparison website Comparethemarket today revealed double-digit revenue growth during the first six months of its financial year. The figures BGL, which also owns Beagle Street and Budget Insurance brands, said group revenue jumped 14 per cent. Comparethemarket.com revenue increased by 15 per cent, while lesfurets.com (literally, the ferets) revenues soared by 34 per [...]
The UK’s manufacturing sector is gaining ground rapidly post-Brexit March 6, 2017 British manufacturers beat expectations in the first quarter of 2017, helped by the fall in the value of the pound after the Brexit vote and a recovery in core European markets, a new survey found. The UK's factories are growing at their fastest pace in more than three years after initially taking a hit from the EU referendum, [...]
Barratt has sold 172 luxury London new-build flats as rental homes, including an entire block at Nine Elms March 6, 2017 Here's an unusual move by a housebuilder: Barratt Homes has bundled together 172 flats at various developments across London and sold them off as rental homes. The housebuilder said it had sold the units to Henderson Park for £140.5m. The portfolio includes 29 units at Aldgate Place, a joint venture with British Land, 25 in Fulham Riverside and all 118 at [...]
PSA agrees to buy Vauxhall and Opel from GM: What happens to UK jobs now? March 6, 2017 French firm PSA has confirmed its €2.2bn (£1.9bn) deal to buy General Motors' European unit, including Vauxhall. And all eyes have been on PSA boss Carlos Tavares, who has a reputation for being an efficient cost-cutter, for clues as to what it will mean for jobs. Vauxhall's UK plants in Luton and Ellesmere Port employ 4,500 workers. Read more: [...]
Standard Life and Aberdeen Asset Management deal: How the City is reacting March 6, 2017 Standard Life and Aberdeen Asset Management have unveiled more details of their planned merger, sending shares in both groups up at the open. Standard Life's stock was up 7.24 per cent at pixel time, while Aberdeen had risen 5.73 per cent. After reports emerged over the weekend, the companies confirmed their intentions to combine this [...]