Uncle Ben’s purchase consideration increases after rebrand October 6, 2020 Following the global protests over the killing of George Floyd in June, Mars Food was one of several FMCG giants that promised to review its brands that could be seen as racially insensitive, with Uncle Ben’s coming under close attention. When the brand first entered the market over 70 years ago “uncle” was used as [...]
Top five tips for preventing burnout October 6, 2020 Are you struggling to focus? Lacking motivation? Maybe just feeling a bit overwhelmed? These are just some things to look out for that might be signs of burnout. And they’re worth thinking about: 36 per cent of us have experienced burnout in our careers. That’s according to our new research — and it’s even more [...]
Internet is an essential — so why is it still taxed as a luxury? October 6, 2020 One in nine people, the equivalent of six million across the UK, have reported falling behind on household bills because of coronavirus. While the chancellor has worked hard to protect jobs and offer targeted support, there can be no doubt that those already suffering financial hardship have faced disproportionate new challenges over the past six [...]
Business schools: Your country needs you… to save our SMEs October 6, 2020 With tighter restrictions coming into place across the country, local businesses would be forgiven for feeling fear and uncertainty about what is coming next as we go into a second wave of Covid-19. No business is immune — but those in the SME category are particularly at risk. Small business owners have been significantly impacted [...]
Name your price: How better carbon pricing can help the fight towards net zero October 6, 2020 As the old joke goes, if you get three economists together, you are likely to get at least half a dozen different opinions. But there is one thing that economists do agree on: you need to price carbon effectively if you are to shift economic activity towards a lower carbon future. About 40 countries around [...]
The government is still dragging its feet on gender recognition October 6, 2020 Life is a comedy to those who think and a tragedy to those who feel, and for the second group, each passing day must make the thought of retreating to the bunker with the wine and olives increasingly appealing. Still, we are presented now and then with cause for optimism, an example of which presented [...]
Reverse new rules on hospitality – or businesses will be lost forever October 5, 2020 David Abrahamovitch is founder and CEO of GRIND The very last thing that the hospitality industry needed was a set of new rules, especially ones that undermine consumer confidence and set the entire sector back even further. It’s incredibly difficult to understand the 10pm curfew and the ‘rule of six’ in the context of the [...]
Khan: ‘False dichotomy’ between saving the economy and saving lives October 5, 2020 I want to speak directly to London’s business leaders at this unprecedented time. It doesn’t matter whether you’re a sole trader or a small business owner, whether you work for a start-up or one of London’s biggest employers – this is the most precarious period for business we have ever faced. As your Mayor, I want [...]
Boohoo is on the wrong side of history when it comes to business ethics and sustainability October 5, 2020 It is alarming to see Bohoo’s profits surge despite confirmation of allegations of endemic abuse at every single step of their supply chain. Yet this outcome does not necessarily come as a shock given that Boohoo’s reputation has consistently been married to a culture of neglect and exploitative worker conditions. Once again, we see commitments [...]
London may be empty but community spirit must stay strong October 5, 2020 Just over six months since lockdown restrictions were first imposed, life today is very different for all of us with workplaces in the Square Mile. My workplace – Mansion House – would normally be buzzing with activity, hosting delegations from around the world and major set-piece events. The government’s recently revised guidance on working from [...]