Women are totally leaning in – they just don’t get a pay rise out of it September 6, 2016 The famous mantra of top Facebook executive Sheryl Sandberg is "lean in", but it turns out women are already doing that when it comes to negotiating that all important pay rise. While conventional thinking indicates that "don't ask, don't get" is to blame for holding women back from getting pay rises, and contributing to the well documented gender discrepancy in [...]
Irish government gearing up to introduce sugar tax on soft drinks September 6, 2016 The sugar tax announced by former chancellor George Osborne's looks like it's catching on, with the Irish government expected to introduce a similar levy on soft drinks in its upcoming budget next month. Although minister for finance Michael Noonan is believed to be gearing up to announce the levy within weeks, its implementation may be delayed for a [...]
Brent crude heads back towards $47 despite Saudi Arabia-Russia cooperation September 6, 2016 Brude crude turned lower this morning, despite yesterday's cooperation pledge by two of the world's biggest oil producers. Brent crude, the global benchmark, fell as much as 0.61 per cent to 47.34 per barrel in early morning trading. Its US counterpart, West Texas Intermediate, fared better swelling 1.35 per cent to $45.04. Read more: Experts warn North Sea corporation [...]
Sports Direct issues new tannoy policy as it releases report into shortcomings in working practices September 6, 2016 Sports Direct has issued a new set of guidelines for employees using the tannoy system at its warehouse in Shirebrook – and told workers it should never be used for rebukes or criticisms. The retailer has previously come under fire for a number of its alleged working practices at the north of England warehouse, and one [...]
Lego sales growth slows in the first half – but everything is still, um, fine September 6, 2016 Lego has enjoyed stellar success in recent years – but this morning it reported lower growth for the first half of the year. The figures In a statement this morning, the company said revenues increased 11 per cent to 15.69bn Danish kroner (£1.76bn) in the first six months of the year, up from 14.14bn kroner during the same period last year. [...]
Redrow’s share price jumps as it announces record results September 6, 2016 Redrow's share price jumped five per cent in morning trading after the housebuilder announced a record set of results. The figures Redrow's revenue was up 20 per cent to £1.38bn, which the company said was down to a 17 per cent increase in completions and a seven per cent increase in the average selling price of units. For the year ending 30 June, the housebuilder made [...]
Pret a Manger is eyeing up bringing its veggie pop-up to the City as Soho branch is made permanent September 6, 2016 Lunchtime staple Pret a Manger is set to bring its green makeover to the City after the "overwhelming success" of its first vegetarian branch in Soho. Pret opened its Veggie Pop-Up store on Broadwick Street on 1 June, initially intending to keep it open for a month. However, after a boom in demand for its [...]
British Airways flights hit by technical glitch September 6, 2016 British Airways has suffered technical problems causing delays and cancellations. The airline said some flights had been cancelled due to the unspecified technical problems and passengers are being told to check-in online before they travel. It said in a statement: "We are checking in customers at Heathrow and Gatwick Airports this morning, although it is taking [...]
Sports Direct share price rockets as it admits to serious shortcomings at Shirebrook warehouse and offers guaranteed hours to staff September 6, 2016 Sports Direct has admitted to serious shortcomings in the working practices at its Shirebrook warehouse, and plans to make changes to the way its workers are treated, the company said in a report released today. Shares in the company were up 5.5 per cent in this morning's trading. The retailer said it will offer casual retail staff guaranteed [...]
Berkeley Group’s home reservations hit by stamp duty and the Brexit vote September 6, 2016 Berkeley Group, the housebuilder recently relegated from the FTSE 100, has said in a statement today that reservations for its properties have fallen by 20 per cent as compared to last year. Stamp duty tax changes and the EU referendum had made trading more difficult, it said in its trading statement today, which covers the period from [...]