Why Britain remains the best place in the world to run an international business November 22, 2016 Like many momentous occasions in recent history, we will all remember where we were on 24 June when the result of the UK’s EU referendum became clear. For me, it was the arrival lounge of Terminal 5 at Heathrow. I was returning from four days in our US business where our team were locked in [...]
Snapped up: Healthy drinks company Bai has been acquired by Dr Pepper Snapple to meet demand for nutritious beverages November 22, 2016 Growing consumer demand for healthier beverages has persuaded Dr Pepper Snapple Group (DPS) to buy Bai Brands LLC, an antioxidant beverage maker for $1.7bn (£1.4bn) in cash. Bai is a fast-growing beverage brand that presents Dr Pepper Snapple (DPS) with a strong platform on which to grow "better-for-you beverages", including enhanced water, carbonated flavoured water, coconut water [...]
Autumn Statement 2016: Looming dangers demand an urgent rethink of monetary policy in Britain November 21, 2016 A widely-held, but erroneous, view is that low interest rates act invariably as a welcome, unambiguous boost to business, consumers and the economy. Nonetheless, it seems almost incredible that the Bank of England has maintained an emergency rate since March 2009. The granting of (notional) independence over monetary policy to this institution has allowed politicians [...]
Henrik Stenson’s unforgettable Open triumph makes his vintage 2016 even better than his 2013 double double November 21, 2016 In Sun City the previous week a weary Henrik Stenson threatened to win the Nedbank Golf Challenge but fell short, and the Swede showed his class without quite firing on all cylinders again in Dubai at the weekend. A share of ninth place at the season-ending DP World Tour Championship was sufficient, however, to hold [...]
Why space still has a reputation problem November 21, 2016 Space is the final frontier when it comes to people's knowledge, a panel of industry experts at the Confederation of British Industry annual conference has said today. The speakers admitted, although personalities like astronaut Tim Peake had helped to make the industry more popular, many people were still unaware of how wide the industry actually was. [...]
Focus On Stoke Newington: Why leafy north London enclave Stoke Newington went from zero to hero on the housing market November 21, 2016 Stoke Newington, a leafy north London borough untroubled by a connection to the London Underground network, has become a byword for the kind of middle-class urban elite that drives UKIP voters round the bend. Once dismissed as a undesirable destination, the gentrification of Hackney has seen Stokey’s fortunes turn full-circle, and while it doesn’t yet [...]
A quarter of Brits think they can’t afford a dignified existence, while one fifth regularly can’t pay bills – although it’s better than France November 21, 2016 More than a quarter of Britons say that they “do not have enough money for a dignified existence” – although this was less than France, where 46 per cent of citizens thought they needed more for their dignity, a new survey says. A fifth of UK residents said that they are sometimes unable to pay their [...]
Here’s how many graduates are moving to London November 21, 2016 We know that London is a big draw for the best graduates – but just how many are moving to the big city after university? A study from think tank Centre for Cities has drilled into the issue. Here are three things we learned from the report's analysis of graduate migration: 1. Over a fifth [...]
The UK’s high earners have seen some of the steepest tax increases over the last 20 years November 21, 2016 High earners in the UK have faced some of the world's steepest increases in income taxes over 20 years, according to new figures. Sums from accountancy firm UHY Hacker Young show the average rate paid by those earning more than $1m (£810,000) has climbed four per cent since 1996 to 43 per cent. By contrast, the [...]
Henrik Stenson savours best year of his career after winning Race To Dubai for second time November 20, 2016 World No4 Henrik Stenson toasted the best season of his career on Sunday after adding a second Race To Dubai title to his stellar list of achievements in the last 12 months. Stenson’s share of ninth place at the DP World Tour Championship – won by young Englishman Matthew Fitzpatrick – was enough to see [...]