Diageo snaps up Chase Distillery as it cashes in on gin boom October 26, 2020 Diageo today said it has agreed to buy British gin and vodka maker Chase Distillery, marking the drinks giant’s latest effort to strengthen its gin portfolio. The Herefordshire-based distillery is best known for its Chase GB Gin, as well as its Chase Original Potato Vodka. In total the company’s portfolio includes seven gins, four vodkas [...]
BoE’s Haldane: Working from home hurting work relationships October 26, 2020 Working from home is damaging people’s “social capital” and making them work longer hours, but more freedom and the end of the commute have increased the happiness of many employees, the Bank of England’s chief economist has suggested.
Post Office to axe 600 cash machines October 26, 2020 The Post Office will cut 600 of its free to use cash machines after a decision to take the assets in-house. Over the next four years, the Post Office will invest £16m into 1,400 ATMs across its estate. At the moment, there are 2,000 cash machines at its branches, but these are owned and operated [...]
Marks & Spencer ramps up online capacity ahead of ‘most digital Christmas yet’ October 26, 2020 Marks & Spencer is ramping up its online delivery capacity in the run up to what it said will be “the most digital Christmas yet”. M&S, which said festive-related searches are up 80 per cent on last year, will add more than 500 Christmas temporary employees. The new seasonal workers will be employed in addition [...]
Oil prices fall on fears of production boost amid surge in Covid-19 cases October 26, 2020 Global oil prices dropped sharply this morning amid fears of a ramp in production even as governments implement more stringent restrictions to cope with a surge in coronavirus cases. Worldwide standard Brent crude shed 2.4 per cent to fall to $40.76, while American benchmark West Texas Intermediate dropped 2.6 per cent to stand at $38.78. [...]
It’s OUR Fault Enterprise Leaders Don’t Understand Blockchain October 26, 2020 Business and enterprise leaders struggle with adopting blockchain for a wide variety of reasons. Not the least of which is that the industry gets itself into trouble by refusing to use a consistent set of terms. We are “Scuppered by Language”. Even when books and articles are written in an easy and accessible way, they [...]
Exclusive: Tram risk audit at time of Croydon crash was never revealed to TfL safety panel October 26, 2020 The Croydon tram network was undergoing a safety audit at the time of the fatal Sandilands crash in 2016 – a fact not revealed to the chair of TfL’s safety panel at the time. The former board member, tasked with overseeing investigations into the disaster, described the failure to inform him as “beyond shocking.” Over [...]
UK consumer confidence drops following new coronavirus restrictions October 26, 2020 The British public became less optimistic about the economy in October as new restrictions were put in place, with consumer confidence falling for the first time in six months. Pessimism about household finances and home values dragged down the overall confidence index produced by polling firm Yougov and economics consultancy the Centre for Economics and [...]
Customer generation platform MVF buys Appwiki amid online sales surge October 26, 2020 Digital customer generation platform MVF has bought Dutch software comparison site Appwiki amid a surge in the number of firms attempting to boost their online capabilities due to the coronavirus crisis. The acquisition, which will allow MVF to use Appwiki’s comparison technology, comes as demand for digital consumer generation has soared due to the acceleration [...]