Fighting fit: HR development Mind Gym profit more-than doubles December 10, 2019 Aim-listed HR development firm Mind Gym has posted a half year profit of £3.9m, up from £1.1m in the same six-month period to 30 September 2018. The company, which describes itself as “the global provider of human capital and business improvement solution” also saw revenue jump from £19.4m to £23.9m year-on-year. Half-year revenue was ahead [...]
Election 2019: Justice secretary defends PM over sick child row December 10, 2019 The justice secretary has defended Boris Johnson over his reaction to a photograph of a four-year old boy with suspected pneumonia, who was forced to sleep on the floor of a hospital. Yesterday the Prime Minister repeatedly failed to acknowledge the plight of Jack Williment-Barr, who was pictured sleeping on the floor of Leeds General [...]
Mothercare sinks into deeper loss as sales slip December 10, 2019 Retailer Mothercare fell further into the red in the first half of the year, with its loss before tax rising to £21.2m in the six months to the end of October. The baby wear retailer also saw net debt rise to £24.5m in the period, representing a 14.4 per cent increase year on year. Read [...]
Inconvenienced store: McColl’s warns earnings will miss expectations December 10, 2019 Convenience store chain McColl’s warned earnings would narrowly miss expectations due to “unseasonable weather” and low consumer confidence. Revenue slipped 1.9 per cent for 12 months to the end of November, the firm revealed in a trading update today. Read more: Investors see signs of recovery at McColl’s after supply chain disruption It warned that [...]
Sorrell’s S4 Capital appoints two new directors as it turns focus to Asia December 10, 2019 Sir Martin Sorrell’s digital ad firm S4 Capital has appointed two new directors to its board as it turns its focus to Asia. S4 today announced that Naoko Okumoto and Margaret Ma Connolly will join as non-executive directors with immediate effect. Read more: Martin Sorrell’s S4 Capital boosts revenue and profit The appointments mean that [...]
This country has not had enough of experts December 10, 2019 Michael Gove famously said that the “people in this country have had enough of experts”. Of course, that’s not the full story — at the time, Gove was specifically targeting experts who, he claimed, kept getting things wrong. But regardless, the “had enough of experts” quote went viral, and came to be viewed as something [...]
DEBATE: Should business rates be scrapped and replaced with a land tax, as the Lib Dems suggest? December 10, 2019 Should business rates be scrapped and replaced with a land tax, as the Lib Dems suggest? Liz Jarvis, writer, editor, and Liberal Democrat parliamentary candidate for Southampton Itchen, says YES. Nearly a million businesses in the UK have closed in the past three years. Businesses, especially small firms unable to bear the brunt of Brexit [...]
It’s not just that Corbyn hates capitalism — he doesn’t even understand it December 10, 2019 It’S not exactly news that those at the top of the Labour party dislike capitalism. But what’s less often pointed out is how little they actually understand about it. Last week, on my Twitter account, I published something of a demolition of Labour’s claim to save every household £6,700 a year. After only a cursory [...]
How the Tories could become the party of the working class December 10, 2019 Polls are inherently unreliable. We know this from the 2017 election, the 2015 election, the 2016 EU referendum — the list goes on. The latest polls show a roughly 10-point lead for the Tories. That should be enough to form a government, but is some way off the 68 seat majority that YouGov’s famous MRP [...]
It would be a colossal error for the UK to opt out of the creative thinking study December 10, 2019 Each of the major parties’ manifestos for the upcoming election recognises the importance of creativity in our schools and workforces. It seems that policymakers are finally responding to a growing body of international evidence that employers, as they navigate an increasingly digital and complex world, will value human skills like original thinking and complex problem [...]