Naked Wines expands into olive oil market May 5, 2015 NAKED WINES is branching out into olive oil, after it raised £25,000 in a crowdfunding initiative to back production of the culinary staple by a star winemaker. The company, which was snapped up by London-listed Majestic Wines last month for £70m, tapped customers who were keen to fund a batch of oil made by Franck [...]
Sainsbury’s braced for first loss in a decade as supermarkets move to downsize May 5, 2015 Battling with excess space and a revival at Tesco, Sainsbury’s is having to fight harder than ever. It is early on a weekday morning, and the first wave of customers are yet to arrive at Sainsbury’s revamped store in Wandsworth – its aisles stacked high with everything from garden furniture to Le Creuset-style saucepans [...]
The stats man at the centre of a political storm: IFS boss Paul Johnson on how he copes with the limelight May 5, 2015 At an event in Bloomsbury last week, a journalist started a question to Institute for Fiscal Studies (IFS) director Paul Johnson: “If the IFS was standing for election…” before Johnson interrupted, finishing the sentence. “We wouldn’t get elected,” he said with a laugh. Johnson may not be seeking public office, but he and [...]
Newspapers reveal their political allegiances ahead of the big vote May 5, 2015 MORE than a dozen national newspapers have already advised their readers on which way to vote in Thursday’s General Election. Last night the Independent raised eyebrows by endorsing a second Conservative-Lib Dem coalition. The Mail on Sunday, the Sunday Times, the Sunday Telegraph, the Sun and the Financial Times have come out in favour of [...]
London’s General Election: Lib Dem Bermondsey battler Simon Hughes still going strong May 5, 2015 Our second seat profile sees Charlotte Henry join the Lib Dems in Bermondsey. Find the first profile in our series here: Battle for Poplar and Limehouse at the edge of the City Being a Liberal Democrat candidate in London is a tough ask at the moment, with Labour aiming to make gains in the [...]
Tech sector job creation climbs to new high but skills focus needed May 5, 2015 UK technology companies’ hiring has reached a record high despite the industry reporting slower growth in business. The tech sector UK business activity index published today by consultants KPMG and financial information firm Markit scored 55.7 for the first three months of the year. Any figure above 50 represents growth with higher scores marking faster [...]
Anadarko posts $3.3bn net loss as oil sales tank May 5, 2015 US OIL firm Anadarko recorded a net loss of $3.27bn (£2.16bn) in the three months to 31 March, widening the loss of $2.63bn during the same period of last year despite increasing sales and cutting costs. Revenue was more than halved, from $5.84bn to $2.32bn, with oil and condensate sales taking a massive hit and [...]
PwC ditches A-level criteria for recruitment May 4, 2015 GRADUATES will no longer need spotless A-level grades to land a job at accountancy and business advisory firm PwC. The firm, one of the biggest graduate employers in the country, argued that by using Ucas points – a measure of a secondary school student’s qualifications – to screen applicants, it was missing out on recruits [...]
What’s in a name? The political influence of a newborn princess May 4, 2015 UNLESS you’ve been living under a rock, you’ll be aware that the new royal baby has arrived. What you probably didn’t know is that the newborn’s name, Charlotte, means we can make a good guess to which way she will lean politically. According to YouGov, people called Charlotte, Fiona and Pauline are most likely to [...]
Brits are going Gaga for grey hair May 4, 2015 SALES of grey hair dye at Amazon.co.uk have soared by over 80 per cent year-on-year, which the online retailer said is due to celebrities such as Lady Gaga and Rihanna embracing “granny” hair. However, The Capitalist thinks we can look a bit closer to home for the real instigators of this trend – City bigwigs [...]