Most fintech employees don’t value diversity in the workplace November 14, 2016 Fintech might be shaking up the financial industry with disruptive innovation, but new research suggests it hasn’t been so ahead of the crowd on diversity in the workplace. In fact fintech employees place the lowest value on diversity in the workplace of all financial services workers, according to recruitment firm Astbury Marsden. The survey of [...]
British entrepreneurs enjoyed a five-year high in opportunities ahead of the EU referendum November 14, 2016 Britain enjoyed a five-year high in opportunities for entrepreneurs leading up to the EU referendum in June, but that progress is at risk of being set back by current uncertainty. According to Barclays' Entrepreneurs Index, overall UK entrepreneurial performance is at an all-time high – up 10 per cent since 2011 and showing strong progress [...]
Big pub companies have plenty to toast as turnover bubbles up 11 per cent in last year November 14, 2016 As many as 29 pubs close each week but the turnover of the UK's top 100 pubs and bars has increased by 30 per cent since 2008/09. According to Ortus Secured Finance, the turnover of the top 100 pub and bar companies reached £11.7bn in 2015/16, up from £8.9bn in 2008/09 and that figure has grown [...]
Whistles recorded a £2.9m loss before its takeover by South Africa’s Foschini Group earlier this year November 13, 2016 Upmarket womenswear retailer Whistles recorded a loss of £2.9m ahead of its takeover by South Africa’s Foschini Group in March. Accounts filed at Companies House show that in the 12 months up to 30 January, Whistles's earnings before interest, taxes, depreciation and amortisation (Ebitda) fell from a profit of £1.9m in 2015 to a loss of [...]
Airline industry looks for assurances from government over Open Skies agreement in wake of Brexit turbulence November 13, 2016 Around 20 representatives from the aviation industry will sit down with the government tomorrow to air their concerns and discuss opportunities post-Brexit vote. In a meeting with the Department for Exiting the European Union (DExEU), they will stress the importance of a deal with Brussels, as many jitters remain as to what a post-EU Britain will look [...]
EasyJet set for low-flying results as sterling slump post-Brexit packs a punch November 13, 2016 Another week, another airline braced for its results to take a hit thanks to the summer slump in sterling. EasyJet's due to unveil its full-year results on Tuesday and investors are expecting a sharp drop in profits after the fall in value of the pound and terrorist attacks at some of its key holiday destinations. The [...]
Jaguar Land Rover gears up for the launch of its first electric car November 13, 2016 Jaguar Land Rover (JLR) is gearing up for a charge on the electric car market. Britain's biggest car manufacturer is planning to reveal its first electric car, after recently unveiling an Autodrive project with Ford and Tata Motors to test connected and automated cars in the UK. The new vehicle is expected to be in the [...]
Dominic Chappell – the man who bought BHS for £1 – arrested over unpaid tax November 13, 2016 Dominic Chappell, the former owner of BHS, has been arrested as part of the investigation into unpaid taxes on the profits made from the department store chain. He was allegedly arrested for failing to pay more than £500,000 tax on money from the department store, according to the Sunday Times. An HMRC spokesperson said: "We [...]
Savile Row, Harley Street, Mayfair, St James’ and Portland Place safeguarded by new Westminster council policy November 10, 2016 Five renowned areas of the capital have been safeguarded by a new policy introduced by Westminster council. The policy will allow it to reject planning proposals that threaten the character of the city's well-known areas. The Special Policy Areas come into force today to protect Savile Row, Mayfair, Harley Street, St James's and Portland Place. The policy regulations won't dictate [...]
Death toll rises to seven after tram accident in Croydon with 42-year-old man arrested on suspicion of manslaughter November 9, 2016 Seven people have been killed in a tram accident in Croydon, south London, this morning, British Transport Police (BTP) have confirmed. London Ambulance Service said eight people had serious or life-threatening injuries and a total of 51 had been taken to two hospitals. “After liaison with the Coroner, we can confirm that at least seven people [...]
