Speaker John Bercow loses voice ahead of Prime Minister’s Commons address October 3, 2019 House of Commons Speaker John Bercow has lost his voice on the day Boris Johnson is expected to set out his new Brexit proposals to MPs. Bercow appeared to struggle to speak this morning while taking questions in the Commons. “Order,” he said with a croak, provoking some laughter in the Commons. “It won’t last [...]
Deliveroo losses deepen in expansion drive October 2, 2019 Deliveroo deepened its losses last year despite soaring sales as it pushed forward with expansion plans. The food delivery app said losses before tax were £232m in 2018 from £199m the previous year. Global sales increased by 72 per cent to £476m for the year. Read more: Deliveroo ad banned over misleading claim it could [...]
Diversity can prepare City firms for uncertain times ahead October 1, 2019 City bosses need to keep the issue of diversity and inclusion high on their agenda as the UK heads into uncertain times and use it as a tool to both leverage opportunity and improve resilience, according to a panel of experts. In the first of a series of events hosted by City A.M., executives from three of the City’s largest [...]
Eurozone manufacturing sector suffers worst month in seven years October 1, 2019 The Eurozone’s manufacturing sector suffered its worst month in seven years in September, according to a closely-followed industry survey, as the malaise in the area’s economy shows no sign of relenting. Read more: Sterling sinks after ‘simply shocking’ manufacturing data Factory output decreased markedly in September, with IHS Markit’s Eurozone manufacturing purchasing managers’ index (PMI) [...]
The chancellor should deliver tax cuts, not more spending October 1, 2019 Sajid Javid used his major conference speech yesterday to announce a raft of new spending pledges. The chancellor’s focus was infrastructure and rural areas, with money promised for bus networks, roads, and the rollout of 5G. This sits alongside the strapline of this year’s Conservative party conference itself, which focuses on spending more on the [...]
Lloyd’s of London set outs electronic modernisation drive September 30, 2019 Lloyd’s of London has unveiled plans for an electronic risk exchange as part of a sweeping company overhaul aimed at modernising the 331-year-old marketplace. The historic insurance group, which has faced growing calls to revamp both its business model and its culture in recent months, has vowed to deliver a series of “early quick wins” [...]
Dame Inga Beale: I’m not surprised by Lloyd’s of London sexual harassment claims September 30, 2019 The controversial drinking culture at Lloyd’s of London is so entrenched that a former chief executive admits she does not know how to tackle it. Dame Inga Beale, who ran the historic institution for five years, spent much time trying to tackle behavioural problems among its staff. Read more: Nearly 500 Lloyd’s of London workers [...]
Thomas Cook: Customers face two-month wait for holiday refunds September 30, 2019 Refunds for package holidays booked with liquidated UK travel giant Thomas Cook could take up to two months to reach customers, the UK’s aviation body warned today. The Civil Aviation Authority (CAA) said that while direct debit customers can expect refunds within two weeks, other people face a wait of up to 60 days. Read [...]
Marketing trends 2019: Interactive content and voice search are in, annoying chatbots are out September 28, 2019 Marketing is an industry undergoing seismic changes. New technology, changing consumer attitudes and shrinking budgets mean marketers are constantly having to adapt. But while many large advertisers have tightened the purse strings, marketing remains a key way for businesses to drive growth. A recent report by marketing consultancy Lewis, which looked at the world’s 300 [...]
Thomas Cook pension funds in talks over buyout deal September 27, 2019 Thomas Cook’s pension funds are in talks with insurers to mitigate cuts to payments for the employees of the collapsed travel firm. Chair of trustees Steve Southern has launched discussions with several parties about a buyout deal to prevent pension scheme members losing out on payments, Sky News reported. Read more: 40 per cent of [...]