Kanye West escorted from Skechers HQ after turning up ‘unannounced and without invitation’ October 28, 2022 Kanye West was escorted from the headquarters of trainer firm Skechers after arriving “unannounced and without invitation”. The comfort technology giant issued a statement saying it was not intending to team up with the controversial rapper who was dropped by Adidas earlier this week over racist remarks. Adidas announced it was pulling out of a [...]
Grafton names Eric Born as new chief October 28, 2022 DIY retailer Grafton has appointed Eric Born as its new chief executive officer, it announced on Friday morning. Born will take on the job on 28 November, succeeding Gavin Shark at the helm of the Woodie’s owner. Born has previously served a five year stint running global aviation services giant Swissport International AG, as well [...]
NatWest: No ‘signs of heightened financial distress’ from customers yet October 28, 2022 NatWest has said it is not yet “seeing signs of heightened financial distress” from customers, after posting a £1.1bn flat quarterly profit. Analysts had forecast a pre-tax profit of £1.2bn, with the bank just missing this. Alison Rose, the chief executive, said the big four bank was “acutely aware of the challenges that people, families [...]
Britain’s workforce is sick and tired and it’s killing our economic prospects October 28, 2022 Britain’s economy is under the weather and if left unchecked, we risk becoming tarred as the sick man of Europe once again.
From ballet and opera to festivals and clubs, our definition of culture has changed October 28, 2022 Pre-Covid, the night time economy contributed £66bn per year to the UK, making it the UK’s fifth largest industry, accounting for 1.3 million jobs and 8 percent of the UK’s total workforce. Just three years later, we’ve nearly been wiped out and there is little chance that we will recover anytime soon. Part of this [...]
The cost of doing business amidst the culture wars is an entirely new question of risk October 28, 2022 Mankind has long pondered the question of what it means to be good. Now corporate bodies are facing the same dilemma. Brand activism – the expectation on companies to be proactive drivers of social change – is here to stay. But getting the messaging right in the era of culture wars is difficult: it’s hard [...]
Explainer-in-brief: A cabinet rift in the shape of Qatar October 28, 2022 The new government is only days in, but a potential Cabinet squabble is already shaping up following foreign secretary James Cleverly’s request for gay football fans to “be respectful” to host country Qatar during the World Cup. Homosexuality is illegal in Qatar. “With a little bit of flex and compromise at both ends, it can [...]
Letters: Wake up and smell the fraud October 28, 2022 Protecting the public from the meteoric rise of fraud needs to be an absolute priority for the new government.
Shell backlash shows no profit is safe in windfall tax-crazed Britain October 27, 2022 Another windfall tax after Shell profits? Britain is at risk of becoming uninvestable Pity the folks in Shell’s communications department, who must be tempted to wear bullet-proof armour whenever they send out a trading update. Yesterday’s numbers were impressive, as you’d expect when energy prices are inflated. They also avoided paying any of Rishi Sunak’s [...]
Young workers see class background as barrier to career success October 27, 2022 Young workers from lower socio-economic backgrounds continue to see class as a barrier to success, according to new research from accounting firm BDO. A third of young people from lower socio-economic backgrounds believe a lack of networks in their chosen fields could have a negative effect on their careers, BDO’s poll of 1,000 workers shows. [...]
