Legislators must not be fooled by the latest insolvency figures July 29, 2016 The latest insolvency statistics released yesterday by the Insolvency Service paint a positive picture for UK businesses, renewing hopes that struggling firms can gain access to the help they need. However, business owners and legislators must look beyond the figures and act now to prepare for future market shocks. In the second quarter of 2016, the total [...]
Hot tub sales are bubbling in the luxury home leisure market July 29, 2016 It seems like a bit of a stretch to call it a "must have" item, but hot tubs are apparently all the rage after sales boomed in 2015. In a bubbling segment of the home leisure market, hot tub sales grew 20 per cent on 2014 figures, according to the British and Irish Spas and [...]
Megabrew: SABMiller share prices fizzes up as AB InBev’s takeover cleared by Chinese authorities, but deal’s outcome still unclear July 29, 2016 China's ministry of commerce has given conditional approval to Anhueser-Busch InBev's takeover of SABMiller, but the deal is still on the rocks after the British drinks giant paused integration activities earlier this week. The competition authority's decision is the final milestone for the deal, dubbed "megabrew", which has been cleared in the three other key markets of the [...]
BIS committee chair Iain Wright declares Pubs Code Adjudicator Paul Newby should be replaced July 29, 2016 The Pubs Code Adjudicator should be replaced due to conflict of interest concerns, the Business, Innovation and Skills (BIS) Committee has said today. Chair of the BIS committee, Iain Wright, has called on secretary of state Greg Clark to reopen the appointment process after concluding the current adjudicator, Paul Newby, will not be able to command the trust [...]
This is why Byron Hamburgers’ immigration scandal backlash isn’t fair July 29, 2016 Following the detainment of 35 illegal immigrants found to be employed by popular restaurant chain Byron Hamburgers, many former customers have mobilised on social media, vowing to boycott the restaurant and shaming them for their recruitment practices. But is the backlash the restaurant has received fair? I would argue not. From a legal perspective, employers [...]
Aviation minister Lord Ahmad considering cracking down on airport alcohol sales July 29, 2016 The UK's new aviation minister has shaken many a business traveller with the news that he will examine how alcohol is sold in airports, after several recent incidents involving drunk passengers. Lord Ahmad has said he will "look at" the times alcohol is on sale at British airports and consider passenger screening measures before boarding [...]
This is what Norway might be giving Finland as a birthday present next year… and it’s going to be pretty hard to wrap July 29, 2016 Birthdays… they stump us all, and not least when diplomacy is involved. It must be hard to think of a new present to give a country each year, but this week the Norwegian government confirmed it is considering giving Finland – wait for it – an arctic mountain for its birthday next year, when the country [...]
Merlin Entertainment’s share price loses its magic despite revenues rising July 28, 2016 Merlin Entertainment's share price dipped today despite the world's second largest tourist attraction operator posting a rise in revenue. The figures Revenue at the Thorpe Park and Alton Towers operator grew 5.3 per cent to £573m in the 26 weeks ended 25 June, up from £544m in the same period of 2015. Visitor growth rose [...]
Byron Hamburgers boycotted following immigration scandal that’s spawned a trending Twitter hashtag July 28, 2016 Byron Hamburgers has been subjected to the wrath of Twitter since claims emerged the posh grub chain organised a training day for foreign staff who were then deported by UK border agents. The burger group inadvertently trended on Twitter yesterday with the hashtag #boycottbyron, following widespread reports that 35 staff from at least 15 restaurants were [...]
Fuller’s toasts new brewing managing director after beer sales slump July 28, 2016 Fuller, Smith and Turner will be raising a glass today after it announced it has appointed a new managing director to lead its beer company. Simon Dodd will take up the role as managing director of its brewing arm and join the board of directors on 1 August. Fuller's makes London Pride, Quintessential British Pale Ale and [...]
