Taxi firm Addison Lee loses appeal against drivers earning national minimum wage and holiday pay November 14, 2018 Taxi firm Addison Lee lost its appeal against an employment tribunal decision today, which found that drivers were not self-employed contractors running their own businesses but in fact employees of the taxi company. The Employment Appeal Tribunal (EAT) upheld the Employment Tribunal’s September 2017 ruling that drivers were entitled to receive the national minimum wage [...]
Chewing the cud: Vegan startup Beyond Meat introduces plant-based burger to UK November 13, 2018 US plant-based food company Beyond Meat yesterday moved into the UK, bringing its vegan burgers to British supermarkets and restaurants. The Los Angeles-based business produces the plant-based Beyond Burger, which it says replicates the texture of meat while providing added nutritional benefits. The Beyond Burger went on sale yesterday at 350 Tesco branches across the country. [...]
How London’s high streets can weather the brewing retail storm November 12, 2018 London rightly bears the distinction of being one of the world’s most attractive places to live and work. But with that label comes risks as well as opportunities – and often, trends that we see across the country play out far more dramatically when it comes to our capital. Take our latest research into the [...]
Weapon of choice: How nutrition brand Grenade has exploded into the market November 12, 2018 Grenade is the kind of brand that just appears out of nowhere – you blink and suddenly the products are a staple stock in shops around the country. For those who have somehow missed the craze, Grenade is a food company specialising in healthy snacks – and now you’ve heard the name, you’ll probably start [...]
City Moves for 9 November – who’s switching jobs at Baker Botts, Duff & Phelps and Just Eat? November 8, 2018 Who’s making a move on up today? Baker Botts Baker Botts, the international law firm, today announced that Matthew Levitt has joined the firm’s antitrust practice as a partner. Matthew, recognised as one of the leading competition lawyers in Europe, will be based in the Brussels office. Matthew’s practice has focused on EU and international [...]
‘Grim reading’: Marks & Spencer sales keep falling as it rethinks food and clothing brands November 7, 2018 Same-store sales at Marks & Spencer’s food and clothing divisions both fell as it told investors it expects “little improvement” in the months ahead. The figures M&S revenue declined 3.1 per cent year on year to £4.96bn in the six months to the end of September. Clothing and home division revenue dropped 2.7 per cent due [...]
Waitrose’s vegan row shows that we’ve all forgotten how to laugh November 2, 2018 I’ve heard it said – often by advocates of social justice campaigns like the #MeToo movement – that we should have little sympathy for people who don’t know what behaviour is on the right or wrong side of the line. Men, for example, have no need to be fearful in a #MeToo world as long [...]
Pointless meetings? There’s no such thing – the peacock explains why November 2, 2018 IT’S A good rule of thumb that you can learn more by looking at what people do than listening to what they say. Everyone in the corporate world, for example, likes to talk about how much they hate meetings. But for something they profess to despise, they seem to have an awful lot of them. [...]
The City grabs popcorn for the ultimate takeaway tug-of-war November 2, 2018 The knives are out in the food fight that’s gripped the takeaway sector. On one side, there’s market leader Just Eat which revealed yesterday that a chunky investment into its Latin American business will eat into profits. However, its shares were up more than six per cent as it reported a 41 per cent sales [...]
Just Eat warns on profits as it burns cash to compete with rivals November 1, 2018 Online takeaway giant Just Eat's share price climbed this morning, despite a warning to investors that efforts to fight off rivals Deliveroo and Uber Eats would take a chunk out of the company's profits. Branching out into markets in Latin America, investing in its own delivery network and acquisitions are likely to weigh on earnings, the FTSE [...]