Why innovation should be top of every business’ agenda June 1, 2016 Last week's announcement that the UK government will launch the UK Research and Innovation (UKRI) body, a £6bn funded group to champion research and innovation, should be warmly welcomed by the UK and indeed the global business community. In modern business, everyone is trying to innovate, but very few are truly succeeding. In a world [...]
What’s the answer to dealing with difficult questions? June 1, 2016 As the debate over whether Britain should leave the EU intensifies we are once again exposed to the interminable dance of politicians being asked questions and subsequently not answering them. Nobody seems to have any idea what will happen. It appears that the Leave Campaign can only repeat horror stories about immigration if we stay, and [...]
Mrs M&S: Why demographic profiling no longer works June 1, 2016 Brands underestimate the power of social media at their peril. Steve Rowe’s comments about targeting ‘Mrs M&S’ last week were treated with derision on social media, with the Twittersphere roundly condemning Rowe’s decision. One user argued that it was “gendered, exclusionary and old-fashioned”, while another explained that Mrs M&S is "so cringey it makes my [...]
How digitisation can help save the UK’s creative industries June 1, 2016 Creativity is the lifeblood of the modern world we live in. From writers and designers, to architects and musicians, the world around us would not exist as it is if it wasn’t for our creators, who give every office, city and country its identity and history. The UK's creative industries, which generate £9.6m per hour for the UK [...]
Brexit vote too important to be left up to politicians June 1, 2016 Moan all you like about the EU referendum but it's got people talking. From Cornwall to the City and from the Western Isles to Westminster, people are engaged and discussing the issues. People are debating in restaurants and outside pubs and, as is always the case in political campaigns, they're doing so with more nuance and [...]
Heineken hopes F1 will help its beer zoom off shelf June 1, 2016 Brewing giant Heineken is reportedly close to tying up a five-year £100m deal to sponsor Formula One. The sport is more globalised than ever, with races now taken place in extremely lucrative markets across the Middle East, America and eastern Europe. Although many consumer brands have sponsored the sport over the years – with Red [...]
EU membership matters to Britain’s advanced manufacturers – and it’s about far more than the Single Market June 1, 2016 A car consists of elements and components that have been sourced from right across the globe. The metal that forms the panels will have been quarried as an ore in one place, been through a foundry in another before being pressed into shape somewhere else. It will then be fitted with an engine that has [...]
Cameron and Osborne have backed themselves into a corner with their shrill defence of a broken EU June 1, 2016 The worst thing for a politician is to run out of options. So said Francois Mitterrand, the late French President, without a doubt a master in the dark arts of political ambiguity. As the EU referendum approaches, it is clear that the Cameron and Osborne tandem finds itself in a tight spot. Their defence of [...]
The coming explosion in national debt is a serious risk to the economy June 1, 2016 Martin Feldstein of Harvard is an economist who should always be taken seriously. Writing in 1997 about the forthcoming introduction of the euro, for example, he argued that “the adverse economic effects of a single currency on unemployment would outweigh any potential gains from trade flows”. He went on to predict that the euro was [...]
The IMF’s strawman critique of “neoliberalism” puts successful liberal reform in jeopardy June 1, 2016 The International Monetary Fund published a paper last week which was widely reported as a repudiation of “neoliberalism”. According to the Fund, the opening up of countries to free capital flows and a desire for fiscal consolidation over the past three decades have not delivered obvious economic benefits. In fact, these policies were said to [...]