Boohoo snaps up Primark exec John Lyttle as new chief executive September 17, 2018 Online retailer Boohoo has announced it has snapped up Primark's chief operating officer John Lyttle to be its new chief executive. Lyttle will take on the role from 15 March 2019. Over his eight years at Primark, Lyttle oversaw a turnover growth of 158 per cent to £7bn, and has boosted operating profit by 116 per [...]
Serious Fraud Office increasingly asking firms to hand over data without court approval September 17, 2018 Big businesses are increasingly being asked to hand over information for investigations to the Serious Fraud Office (SFO) without the government agency going through the courts for approval, according to a report out today. International law firm Pinsent Masons said the number of 'Section 2' notices issued by the SFO has more than doubled in the past [...]
Improving workers’ mental health through better urban design could add £15bn to the economy, says British Land September 17, 2018 The economy could be given a £15bn boost if cities were designed in a way which improved the mental health of workers, according to a new study by British Land. Creating cities with more communal seating and recreational areas, more greenery and improved walkways and cycle facilities could all massively contribute to the UK economy. British [...]
Serious Fraud Office increasingly asking firms to hand over data without court approval September 17, 2018 Big businesses are increasingly being asked to hand over information for investigations to the Serious Fraud Office (SFO) without the government agency going through the courts for approval, according to a report out today. International law firm Pinsent Masons said the number of 'Section 2' notices issued by the SFO has more than doubled in the past [...]
Improving workers’ mental health through better urban design could add £15bn to the economy, says British Land September 17, 2018 The economy could be given a £15bn boost if cities were designed in a way which improved the mental health of workers, according to a new study by British Land. Creating cities with more communal seating and recreational areas, more greenery and improved walkways and cycle facilities could all massively contribute to the UK economy. British [...]
Sports Direct denies reports Mike Ashley may block sale of Debenhams’ Danish arm Magasin du Nord September 16, 2018 Sports Direct have this evening denied reports its boss Mike Ashley is attempting to block a sale of Debenhams' Danish business Magasin du Nord. Reports suggested Ashley had threatened to halt the £200m of the business by Debenhams, in which he already has a 30 per cent stake, in the hopes of forcing the business into [...]
Sports Direct denies reports Mike Ashley may block sale of Debenhams’ Danish arm Magasin du Nord September 16, 2018 Sports Direct have this evening denied reports its boss Mike Ashley is attempting to block a sale of Debenhams' Danish business Magasin du Nord. Reports suggested Ashley had threatened to halt the £200m of the business by Debenhams, in which he already has a 30 per cent stake, in the hopes of forcing the business into [...]
Channel 4 leads £5.2m funding round in online tradesperson marketplace Rated People September 16, 2018 Broadcaster Channel 4 has joined a £5.2m fund raising in web trade directory Rated People. The cash, which will also come from investment service Downing Ventures, will be used to enhance Rated People's tech platform and grow its sales. Created in 2005, Rated People is an online platform helping consumers get quotes from over 50,000 tradesmen [...]
Channel 4 leads £5.2m funding round in online tradesperson marketplace Rated People September 16, 2018 Broadcaster Channel 4 has joined a £5.2m fund raising in web trade directory Rated People. The cash, which will also come from investment service Downing Ventures, will be used to enhance Rated People's tech platform and grow its sales. Created in 2005, Rated People is an online platform helping consumers get quotes from over 50,000 tradesmen [...]
Millennial salaries set to pick up after period of low growth post-crash, says think tank September 16, 2018 Millennial workers should be looking forward to an upturn in their pay packets after 10 years of "tepid" growth following the financial crash, according to an influential think tank. Despite average wages increasing 2.6 per cent in the three months up to July, growth is currently just ahead of the inflation rate. But a study [...]
