Outernet CEO: Profiting from art shouldn’t be shameful Opinion The stigma of 'selling out' is unhelpful and outdated. Art and commerce have always coexisted, writes Outernet CEO Philip O'Ferrall.
McDonald’s targets jobless Gen Z with ‘UK’s largest work experience programme’ Hospitality McDonald’s has launched the UK’s largest ever work experience programme in a major recruitment drive that will specifically target the ballooning number of young Brits that are neither working nor in full-time education. The fast-food chain will hand out some 2,500 paid placements to young workers over the age of 16 as part of a [...]
London Lions CEO: We’d love to be in NBA Europe but we have a reason to exist anyway Sport Business London Lions CEO Lenz Balan on the club’s NBA Europe ambitions and the challenges of making British basketball financially sustainable. “I’m, like, an irrational optimist,” says London Lions CEO Lenz Balan as he explains why he views the impending arrival of an NBA Europe team on his patch as an opportunity, not a threat. The [...]
Zoe Hamburger leaves McDonald’s UK&I as successor named September 2, 2025 After 18 months of maybe the UK’s best case of nominative determinism, Zoe Hamburger has stepped down from her senior role at the UK arm of McDonald’s. Hamburger joined the McDonald’s UK senior leadership team as chief restaurant officer in March 2024. In that role she was responsible for the operational restaurant business, including delivery, [...]
McDonald’s sheds 2,000 UK jobs as profit almost doubles August 4, 2025 Profit at the UK arm of McDonald’s almost doubled in 2024 as it shed more than 2,000 jobs, it has been revealed. The US fast food giant has posted a pre-tax profit of £120m for its latest financial year, up from the £66.3m it reported in 2023. That figure though was down from the £170.8m [...]
Will western brands return to pariah state Russia? March 4, 2025 It was the sight that heralded a new geopolitical era. Hundreds of Russian punters standing in a disorderly queue and braving the bitter Moscow air to sample their first bite of the latest big import from America. The iron curtain – having been chipped away slowly for years – had fully fallen just two months [...]
Workers rights: Don’t let ‘rogue’ firms undercut good employers, MPs urge March 3, 2025 Changes to the government’s workers’ rights package should be made to ensure “rogue firms” don’t undercut Britain’s best employers, MPs have urged. The Employment Rights Bill, which is currently making its way through Parliament, should have loopholes closed to avoid some companies exploiting work insecurity, the House of Commons Business and Trade Committee (BTC) has [...]
Mcdonald’s UK profit slashed by over £100m October 28, 2024 Profit at Mcdonald’s UK restaurants was slashed by more than £100m in 2023 despite its turnover taking a big stride towards the £2bn mark. The US fast food giant has reported a pre-tax profit of £66.3m for its UK operations, down from the £170.8m it achieved in 2022. Mcdonald’s operating profit was cut from £165.4m [...]
Mcdonald’s empire hopes new Mcflurry flavours will keep customers happy after ‘bold’ price rises September 16, 2024 “Bold” price rises at a McDonald’s franchise empire helped sales jump by more than £15m during its latest financial year. Run by Andrew Gibson, AG Restaurants runs 27 sites in Glasgow, employs more than 3,000 people and is one of the largest in the UK. The business has reported a turnover of £135.2m for 2023, [...]
Supermarket and McDonald’s bosses to meet ministers over workers’ rights reforms September 2, 2024 Bosses from UK supermarkets and McDonald’s are set to meet government ministers to be updated on plans for new laws around workers rights. Deputy Prime Minister Angela Rayner and business secretary Jonathan Reynolds will join John Lewis CEO Nish Kankiwala; Sainsbury’s CEO Simon Roberts; Claire Costello, chief people and inclusion officer at the Co-Op; and [...]