Fitbug says Crossrail workers walk a heck of a lot further than your average Brit February 16, 2017 It's official: MTR Crossrail workers need to be considerably fitter than the average Brit, a study revealed today. Digital wellness firm Fitbug monitored 100 workers over three months and found, on average, they walk a whopping 72 per cent further each day than the average member of public. Read more: Fitbug shares are back: Here's what's going on [...]
A major Toshiba lender said it will provide as much support as possible to the struggling firm February 16, 2017 Sumitomo Mitsui Banking Corp (SMBC), a major lender to Toshiba, said it will provide as much support as possible to the embattled Japanese firm. Toshiba unexpectedly delayed its financial update this week as it struggles to plug a multi-billion pound hole in its US nuclear business. The TVs-to-nuclear conglomerate now said it's considering selling most, if not all, of its prized [...]
Look out below! Northern Line extension gets underway with a huge crane putting tunnelling giants in place February 16, 2017 The time is here: these giant boring machines have been lowered 20m underground in Battersea ready to get the £1.2bn Northern Line extension underway. To lift these hefty machines – they're 650 tonnes each – Transport for London (TfL) has wheeled in a huge 750-tonne crane. The two machines, named Helen and Amy by local [...]
Waitrose has been crowned the UK’s best supermarket February 16, 2017 Aldi and Lidl might be snatching market share from their rivals – but one middle class stalwart is still at the top of the nation's affections, according to a new survey. The report, by Which?, has crowned Waitrose the UK's best supermarket, above rivals Marks & Spencer, Aldi and Lidl. Meanwhile, Asda came bottom of the [...]
A weakening diamond market has pushed Gem Diamonds to mothball a mine February 16, 2017 Low diamond prices have pushed Britain's Gem Diamonds to mothball its Ghaghoo mine in Botswana. Gem Diamonds, which works in the Letseng mine in Lesotho and the Ghaghoo mine, will place the mine on care and maintenance with immediate effect, resulting in an annualised care and maintenance cost of $3m (£2.4m), post settlement expenses. Shares in the [...]
Record-breaking employment numbers threatened by government short-termism February 16, 2017 The Office for National Statistics published the latest labour market statistics yesterday, once again confirming that it has been a record-breaking year for employment. With 31.84m people in work, the unemployment rate at the lowest it has been for over a decade (4.8 per cent), and, with a record 70 per cent of women in work, there [...]
Under Armour boss backtracks after calling Donald Trump an “asset to this country” as analyst downgrades stock February 16, 2017 Kevin Plank hasn't had the best week. The Under Armour chief executive came under fire for his comments on Donald Trump, after giving an interview to CNBC last week saying: "To have such a pro-business President is something that is a real asset to this country." It caused a backlash, including from some of Under [...]
How can brands avoid social media crises? February 16, 2017 The London Dungeon apologised this week after its “dark Valentine campaign” on social media drew widespread criticism. This incident got me revisiting a familiar issue: how can brands avoid social media crises? With policies, practice runs and neutral second opinions. There are often just a few origins for social media crises: Misjudgement: Brands can [...]
Deutsche Boerse boss plays down UK HQ of London Stock Exchange merger and promises new Frankfurt jobs February 16, 2017 Deutsche Boerse chief executive Carsten Kengeter this morning attempted to win more German support for the company’s merger with the London Stock Exchange, playing down the UK headquarters and promising new jobs for Frankfurt. Speaking at a full-year results conference, Kengeter downplayed the significance the London legal base of the combined exchange, saying: “There are to be [...]
Both GM’s Opel and PSA lost European market share last month as the firms mull a deal February 16, 2017 A bumper European car market has underlined the reasons behind a prospective deal between General Motors (GM) and PSA over GM's European business. Both companies posted weaker European sales in January than any other carmaker according to the Association of European Carmakers (ACEA). They also lost market share to Fiat Chrysler Automobiles in Europe – [...]