Just Eat boss quits in unexpected resignation January 21, 2019 Just Eat chief executive Peter Plumb is to step down from his role at the British takeaway ordering website with immediate effect, the firm revealed this morning. In an unexpected announcement Just Eat said that Plumb is to be replaced after 16 months at the helm on an interim basis by current chief customer officer Peter Duffy [...]
In a cashless society, what will we do when our colleagues turn up rattling the collection tin? January 17, 2019 Periodically, a senior economist will suggest that as a society we could abolish cash. As an idea, it unites left and right in immediate dismay. On the one hand, it would strike a blow against individual liberty, giving retailers, banks, and possibly governments the potential to track your every transaction. On the other, it would [...]
Do not succumb to the ‘Fat Cat Friday’ outrage January 3, 2019 As if Greggs’ vegan sausage rolls hadn’t prompted enough misplaced shock and outrage for the start of a new year, you can expect more of the same this morning when campaigners declare it to be “Fat Cat Friday”. The High Pay Centre, which opposes current levels of executive remuneration, calculates that by this afternoon a [...]
What do a scarecrow, a five foot chocolate Easter bunny and a glass eye have in common? January 2, 2019 Budget hotel brand Travelodge said today that weird and wacky items customers had left behind in its rooms last year included a blue eyed cockatoo called Brexit, a five foot teddy bear made of popcorn and a doggy throne. The hotel chain said pet owners had been particularly forgetful with three butterfly tail fish named [...]
Why voice assistants are set to make their ‘presents’ known this Christmas December 18, 2018 Christmas is now only a week away, and unsurprisingly gadgets will be taking up a lot of space under the tree, as people want to get their hands on the latest tech. Voice assistants are set to be an affordable, useful gift for many this year, and have become one of the hottest presents on [...]
Telit shares take a knock after FCA announces wider investigation into company announcements December 18, 2018 Shares in technology company Telit Communications have taken a five per cent hit after the financial watchdog announced it was broadening the scope of its investigation into the company. The Financial Conduct Authority (FCA) first announced its investigation into Telit, an internet of things solutions provider, in March. Telit notified investors that the watchdog was assessing a [...]
Activist investor launches searing attack on Just Eat over poor returns December 17, 2018 One of Just Eat's shareholders has slammed the company’s management, saying the firm has become the “worst-performing public equity in online food delivery”. Cat Rock Capital, which holds a two per cent stake in Just Eat, urged the board to offload non-core assets, provide a three-year financial plan and change pay incentives for executives in a [...]
Brexit case: European Court says Article 50 can be reversed December 4, 2018 The Court of Justice of the European Union (CJEU) said today that Article 50 could be reversed, halting the UK's exit from the European Union. Spanish judge, advocate general Campos Sanchez-Bordona, said in his non-binding opinion that reversing Article 50 would be within the powers of the UK as a sovereign state. He said: “Withdrawal from [...]
Dick Whittington at Lyric Hammersmith pantomime review: wholesome fun for children and utter filth for adults November 30, 2018 Dick Whittington at the Lyric Hammersmith is just the smutty, heart-warming silliness you need to kick off the festive season. Like all good panto, it works on two levels, with wholesome fun for children and utter filth for adults. In writer-director Jude Christian’s production Dick Whittington (Luke Latchman), a good-natured simpleton from Cardiff, somehow bumbles [...]
Editor’s Notes: Check back in with the forecasters in 2033 November 30, 2018 The Treasury’s Brexit scenarios, released this week, boiled down to a claim – made with pinpoint accuracy – that the Prime Minister’s deal will leave the UK economy 3.9 per cent smaller in 15 years, compared with staying in the EU. In other news, PwC estimates that artificial intelligence will increase UK GDP by 10.3 [...]