How Samsung, Pampers and NBC struck gold at Paris 2024 Olympics August 14, 2024 The Paris 2024 Olympics marked a cultural shift in how brands connect with global audiences, with the games being dubbed the “TikTok Olympics” due to many sponsors’ digital-first approach. As the International Olympic Committee (IOC) acknowledges an ageing fanbase—the average age has risen by approximately 10 years in just a decade—the need to captivate younger [...]
John Lewis redundancies: What does the law say about department store job cuts? August 14, 2024 More UK retail jobs are set to be lost after John Lewis revealed plans to cut its headcount by more than 150 in the coming months. The move means the department store giant becomes the latest household name to reduce its staffing numbers so far this year. John Lewis has said it hopes to achieve [...]
Mars to gobble up Pringles owner Kellanova in £28bn deal August 14, 2024 Mars, whose brands include M&M’s, Snickers and Skittles, is to buy food giant Kellanova for $35.9bn (£27.9bn), it has been confirmed. Kellanova, which was created when the Kellogg Co, which was formed in 1906, split into three companies, and owns brands such as Pringles, Cheez-Its and Pop-Tarts. In a statement, Mars Inc said it will [...]
Rising London rents are ‘a pressure cooker ready to explode’ as home ownership ‘inching out of reach’ August 14, 2024 “A pressure cooker ready to explode” is how one expert has described the current situation in the UK housing market as data showed rents jumped close to 10 per cent in London over the past year. In fresh data released this morning it was revealed that average UK private rents increased by 8.6 per cent [...]
‘Untenable’ that average Conservative voter is 63 years old, Mel Stride admits August 14, 2024 The average Conservative voter being 63 years old is “completely untenable,” leadership hopeful Mel Stride has admitted. The shadow work and pensions secretary was asked by Times Radio about a poll which showed three in five people in the UK do not care who the next Conservative leader is. He told the broadcaster: “The way [...]
Electric Moke review: driving a reborn icon of the Swinging Sixties August 14, 2024 Question: what do The Beatles, Madonna, George Russell, Jennifer Lopez, The Beach Boys, Cher, Hunter S Thompson, Brigitte Bardot and Kate Moss all have in common? The answer, obviously, is that they have all been pictured in a Moke. First launched in 1964, the Moke simultaneously stuck two fingers up to fashion while being embraced [...]
5 clever ways to keep rooms cool in this hot London weather August 14, 2024 When it comes to keeping cool in the heat, there are plenty of misconceptions. Opening a window isn’t always a good idea, for instance, and with temperatures staying high and London weather climbing into the mid twenties over the next period, it’s useful to think about cooling down. Here are five ways to keep a [...]
Can the UK’s stock market produce another £200bn company? August 14, 2024 Seismic events or a shift in valuations are likely necessary for more UK stocks to be worth £200bn, analysts have told City A.M., after Astrazeneca became the first company in six years to pass the milestone.
Private equity giant CVC makes ‘strong recovery’ as capital deployment ramps up August 14, 2024 Private equity giant CVC saw activity tick up in the first half of the year, recovering from a quiet 2023 as money finally began to flow into its investments. The Six Nations owner beat expectations with fee-paying assets under management at 127.5bn euros, two per cent ahead of analyst expectations, it revealed in a half-year [...]
Have smartcards had their day? Exploring alternatives for secure Bacs payments August 14, 2024 Liz Carroll, Senior Product Manager, Financial Marketplaces at Finastra Smartcards, embedded with integrated chips to store digital certificate data, are widely used in corporate payments for their security, convenience, and efficiency. The UK’s Bacs payment system has used smartcards to facilitate corporate access since the switch to Bacstel-IP in 2003. While smartcards offer great security, [...]