Cashless era could leave bureaux de change out of pocket January 4, 2017 January is a time when many of us start to think about the summer and where we want to disappear to on holiday. And anyone looking ahead to an overseas vacation or a business trip will have to consider travel money at some point. But the way British consumers pay for things when abroad is changing [...]
Low sodium salt undergoes a taste revolution and heads for commercialisation by Aim-listed company January 4, 2017 SALT is heading for a new low sodium revolution: Aim-listed IP company Tekcapital will today announce successful test production and independent taste testing of its proprietary low-sodium salt product, µSalt. The taste test of traditional potato chips versus those salted with µSalt yielded no statistically significant difference in perceived salt flavour. However, µSalt has 40 [...]
Mind the (pay) gap: Difference in pay for millennials is only five per cent in 20s but hikes significantly in 30s and 40s January 4, 2017 The gender pay gap has almost halved in a generation for millennials in their 20s, research out today shows, but the gulf is poised to escalate again once women reach their 30s and 40s. Millennial women, born between 1981 and 2000, who are now in their 20s earn around five per cent less than their [...]
Meet the Anglophile who could soon be Trump’s man in Brussels January 4, 2017 This week, Dr Ted Malloch faces an Apprentice-style grilling at Trump Towers in New York to see if he will be hired as Donald Trump’s US ambassador to the EU. Like the President-Elect, he is in tune with the peaceful revolution of 2016 and argues that the liberal elite in Europe need to wake up [...]
Farewell to the game theory master who helped prevent a nuclear apocalypse January 4, 2017 Last year was a year of celebrity deaths. But perhaps the most significant of all received very little coverage. Just before Christmas, Thomas Schelling, Nobel Laureate in economics, died aged 95. In the early, tense years of the Cold War between America and the Soviet Union in the late 1940s and 1950s, Schelling’s ideas were [...]
Sadiq Khan’s fares “freeze” fails commuters – and will still hit Tube investment hard January 4, 2017 New Year's resolutions are like the mayor of London’s election promises – often made with good intentions but almost always broken a few months down the line. As we ring in 2017, commuters here in the capital will be seeing the cost of their travelcards go up by 1.9 per cent – the result of [...]
With the Fabian Society predicting Labour could win just 140 seats at the next election, is the party in terminal decline? January 4, 2017 Tim Bale, professor of politics at Queen Mary, University of London, says Yes. Businesses and political parties both operate in markets where competition can be cut-throat, where mistakes can be costly, where leadership and branding matter, and where, ultimately, the customer is king. Yet there’s one big difference: businesses – even firms so familiar we [...]
Trump adviser: Special relationship will be stronger after Brexit January 4, 2017 One of the leading candidates to serve as the US' new ambassador to the EU has claimed that ties between the Us and the UK will be boosted in the aftermath of Brexit. Dr Ted Malloch is meeting with President-elect Donald Trump to discuss the role this week, having supported the Republican throughout his election [...]
London firms demand goverment support to shore up business confidence in 2017 January 4, 2017 London businesses are demanding new government support to shore up confidence through an uncertain 2017. With Prime Minister Theresa May expected to trigger Article 50 before the end of March, the London Chamber of Commerce and Industry argues firms have handled the initial shock of Brexit. However, following its latest Quarterly Economic Survey, it has [...]
Why businesses don’t need ‘certainty’ to thrive January 3, 2017 If last year taught us anything, it was to expect the unexpected. Just weeks into 2016, the world of economics was wondering if we were on the verge of another full-blown banking crisis. Expert opinions varied, with the most intelligent City analysts honest enough to admit they simply couldn’t tell if another crunch was around the [...]