Fever-Tree nabs Diageo executive to head up innovation as it plots further growth September 21, 2017 Fast-growing premium mixer brand Fever-Tree has nabbed a new director from drinks giant Diageo, marking the company’s ambition as it continues to expand. Alexandra O’Rourke joins the company as innovation director, fresh off a stint in the same role at Diageo. Read more: Diageo share price jumps as global whisky and gin sales boost profits [...]
Leave architect Dominic Cummings says Theresa May’s Florence speech will “fail” to break impasse if she relies on David Davis ‘ “delusions” September 21, 2017 One of the chief architects of the Leave campaign has claimed Theresa May’s crucial Brexit speech tomorrow will “fail” if it based on “[David Davis’] delusions”. Dominic Cummings, who tweets as Odyssean Project, said the Prime Minister’s speech should not reflect the Brexit secretary’s “‘over the head of Barnier/Ive cleverly divided them’ philosophy,” he argued. [...]
Here are the 10 most influential UK MPs on Twitter September 21, 2017 Donald Trump isn’t the only politician who feels he doesn’t get a fair deal from the mainstream media, and for politicians wanting to reach beyond the tabloids and the broadsheets, Twitter is an essential tool. So who’s getting it right? Many of the top 10 MPs won’t surprise you, but there are some notable names [...]
Bitcoin: JPMorgan Chase boss Jamie Dimon faces market abuse report after his comments about bitcoin | City A.M. September 21, 2017 Blockswater, an algorithmic liquidity provider, has filed a market abuse report against Jamie Dimon for “spreading false and misleading information” about bitcoin. The firm filed the report with the Swedish Financial Supervisory Authority against JP Morgan Chase and Dimon, the company’s chief executive. Blockswater said Dimon violated Article 12 of the European Union’s Market Abuse [...]
UK house prices: Property transactions fell again last month September 21, 2017 The number of homes bought and sold in the UK fell again between July and August, providing further evidence the property market is beginning to stagnate. On a seasonally adjusted basis, property transactions fell 0.5 per cent between July and August to 103,490, figures by HM Revenues and Customs (HMRC) showed. Although the figure is [...]
Co-op Group increases membership but profits dip in first half September 21, 2017 The Co-op Group today announced it added more half a million members in the first half of the year – but revenue and profit dipped. The figures Revenue in the 26 weeks to 1 July came in at £4.64bn, down from £4.7bn in the same portion of last year. Operating profit dropped to £51m from [...]
Compass boss Richard Cousins quits after 11 years at the top September 21, 2017 The world’s biggest catering group, Compass, announced this morning that its chief executive Richard Cousins will retire next year. Cousins will step down from his current role in March 2018, and leave the group in September. Chairman Paul Walsh said: “In the past 11 years Richard has transformed Compass into an industry leading organisation that [...]
Made.com is crowdfunding its next must-have furniture designs September 21, 2017 Made.com, the innovative online furniture retailer, is turning to crowdfunding to unearth its latest must-have designs. The internet startup, co-founded by serial entrepreneur Brent Hoberman and backed by millions in venture capital cash, is tapping the hive mind and boom in popularity around creative projects on platforms such as Kickstarter and Indiegogo. Read more: Podcast: [...]
Business needs to get serious about a Labour government September 21, 2017 First there was Brexit, then Trump, then Theresa May’s shock General Election result. Suffice to say, recent events have left pollsters and politicos alike reeling. Before May’s poor performance at the start of the summer, commentators and consultants had loudly agreed that a Labour government was an impossible outcome. Read more: Corbyn’s cunning EU plan [...]
The EU is prepared to bend the rules on Russia – when it’s in Germany’s interests September 21, 2017 The EU is in a fix. It perceives danger on its Eastern frontier from Russia, yet its energy and climate policies make it ultra-dependent upon it for energy supplies. There is no doubt that Germany is the driving force behind the EU. It is the bloc’s industrial powerhouse and exporter, and also provides much of [...]