Aldi, Google and Lidl top Global Brand Simplicity Index: These are the best brands for getting their message across November 9, 2015 Aldi and Lidl are shaking up the supermarket sector in more than one way. Not only are they undercutting the competition and forcing the Big Four into a Mexican stand-off over prices, the German grocers are also showing them how it's done when it comes to getting their message across. Aldi has topped the sixth annual Global [...]
Metrojet A321 flight 7K9268 crash investigators “90 per cent sure” bomb brought Russian plane down over Sinai November 9, 2015 Investigators of the Russian plane crash that killed 224 people two weeks ago are "90 per cent sure" the incident was caused by a bomb. The Metrojet A321 flight 7K9268 crashed 23 minutes after taking off from popular holiday destination Sharm el-Sheikh on 31 October. Islamic State has claimed responsibility for the attack on what it [...]
Volkswagen scandal: VW engineers admit manipulating CO2 emissions on affected cars November 9, 2015 A number of Volkswagen engineers have admitted manipulating the car giant's carbon dioxide emissions data, claiming the targets they were set by former boss Martin Winterkorn were too difficult to achieve. German newspaper Bild am Sonntag claimed VW enigeers had been tampering with tyre pressure and mixing diesel with motor oil to make them use less fuel [...]
High-earning men working part-time hits record high November 9, 2015 One in three high-earning part-time workers are men – and more than ever in senior management roles are now taking the step to working less than full time. Always been attracted by the idea of a four-day week? Or perhaps a shorter day? You’re not alone. And although it may seem impossible to reconcile a [...]
London beats Amsterdam, Berlin and Paris to be named best city in Europe for digital startups – Nesta November 9, 2015 London has been named as the best city in Europe for digital startups, according to Nesta’s European Digital City Index. The capital beat rivals Paris, Berlin and Amsterdam to be named as the number one destination for digital entrepreneurs looking to start and scale up a digital business. This comes as the Mayor of London [...]
Chancellor George Osborne will wield the axe in Whitehall and make massive cuts in four departments November 9, 2015 Chancellor George Osborne will today pre-empt his upcoming comprehensive spending review (CSR) by revealing massive cuts to four government departments. The department for transport, department for local government and communities, the department for environment, food and rural affairs and the Treasury will all come under the axe, the chancellor will announce, saying he has agreed “provisional settlements” with the [...]
Britain is falling behind rivals such as the US and Germany with poor investment in research and development November 9, 2015 The UK is falling behind its competitors in research and development investment, is the message from the cross-party Science & Technology committee. In a report out today, the group warns that the government will put competitiveness, productivity and jobs at risk if it does not set out a clear plan to increase science funding in [...]
Financial journalists need not apply to be Tinder chief exec Sean Rad’s bae November 9, 2015 While diary editors are usually found bar-hopping every weekend on the hunt for gossip, The Capitalist spent her Saturday night attempting to chirpse with Tinder’s founder and chief executive Sean Rad, who popped into London over the weekend following Dublin’s Web Summit 2015 on Friday. While in Ireland, Rad told tech-types at the summit that the [...]
UK companies raised over £20bn in a year through share and debt issues, reveals accountancy firm Moore Stephens November 9, 2015 UK companies fetched a net total of £20.3bn though share and debt issues in the year ended 30 September 2015, according to figures released today by accountancy firm Moore Stephens. The £20.3bn figure, which refers to the total amount levied through new share and debt issues less the amount repaid on share buybacks and debt, [...]
Britain needs to concentrate on high-growth markets instead of emerging economies – EY November 9, 2015 Britain should concentrate less on the emerging economies and more on high-growth markets if it wants to increase its share of global exports, a report by financial services company EY says today. Launched to coincide with United Kingdom Trade & Investment’s (UKTI) export week, EY Item Club’s analysis draws research undertaken over the past three [...]