Facebook boss Mark Zuckerberg’s social media accounts were hacked this weekend June 6, 2016 Everyone knows that using the same password for all your online accounts makes it ten times easier for hackers to access your information – but even Facebook founder Mark Zuckerberg can't help taking the lazy route when it comes to internet security. The tech boss was the target of hackers over the weekend, when his [...]
JP Morgan relaxes dress code and tells employees business casual is the bank’s new look June 3, 2016 JP Morgan has given its staff a little Friday boost, with the news that the bank is adopting a firm-wide business casual dress code. "As we continue to look for different ways to enhance our workplace, we’ve decided to expand the business casual dress code firmwide, starting tomorrow," the US bank said, adding that the new [...]
Could a focus on customer experience have saved BHS? June 3, 2016 Retailers have learnt harsh lessons about failing to stay relevant; the collapse of BHS is just the latest casualty. Like Woolworths and GAME before it, when BHS went into administration, the most common reaction was shock. However, the downfall of BHS cannot be considered a surprise. The company failed to keep up with the internet revolution and being outmanoeuvred [...]
JP Morgan boss Jamie Dimon tells staff Brexit would mean fewer jobs with the bank in the UK June 3, 2016 The boss of US bank JP Morgan Chase has warned British staff that a Brexit could lead to the company making job cuts in the UK and shifting more roles to the rest of Europe. "A vote to leave would be a terrible deal for the British economy," said the bank's chief executive Jamie Dimon. "So if the [...]
Whole Foods teams up with startup Quiqup to deliver groceries on demand across London June 3, 2016 US import Whole Foods Market has entered the online grocery game – and stepped it up a notch, promising to start delivering to Londoners within a two-hour timeframe. The upmarket grocer has partnered with startup delivery firm Quiqup to provide an online shopping service from its Kensington, Piccadilly, Fulham, Clapham Junction and Camden stores. The Stoke Newington and [...]
Following the BHS collapse and Austin Reed’s closure, it’s clear retailers’ online offerings are not ready to save the British high street June 3, 2016 Another day and yet another high street retailer announcing its financial struggles – this week it is Austin Reed and BHS. The menswear retailer is closing 120 stores, after the announcement it was entering into administration in April. BHS has also announced that thousands of jobs are going to be lost as a result of closing 163 stores. [...]
Back of the net: Goals Soccer Centres to raise £16.75m and completes strategic review June 3, 2016 Goals Soccer Centres will kick off a share placing to raise £16.75m this summer, as part of a new plan for the group after completing an in-depth business review. The company, which operates more than 40 five-a-side football centres across the UK, will place 16.75m shares at a price of £1 per share, and said the proceeds [...]
Euro 2016: Travel chaos looms as French pilots call a strike for 11-14 June June 2, 2016 French pilots could be set to throw thousands of football fans' travel plans into chaos, after calling a strike for 11-14 June – coinciding with the start of the 2016 UEFA European Championship. Pilots working for Air France are planning to take industrial action over a pay dispute, according to union Spaf – which represents around [...]
EasyGroup boss Sir Stelios Haji-Ioannou slams Fastjet for reporting 2015 results “two months late” June 2, 2016 Entrepreneur Sir Stelios Haji-Ioannou has issued another attack on African budget airline Fastjet, over its financial results for 2015, which were released earlier today. The low-cost carrier reported that revenue grew 21 per cent to $65.1m (£45.1m) from $53.8m in 2014, and also said it had narrowed its post-tax loss for the year to $16.9m from $58.5m. Haji-Ioannou, whose [...]
Ryanair cuts its bag fee options from 108 to six June 2, 2016 Budget airline Ryanair is cutting the number of bag fee options it offers from a whopping 108 to just six. The Irish company said the move will reduce checked-in bag fees for 92 per cent of its customers. The changes, which come into effect today, mean customers on domestic flights under two hours will have [...]