Firefighters put out blaze at another Ocado warehouse August 22, 2019 Firefighters were called to put out a small fire at an Ocado warehouse last night, just months after a fire at one of its flagship sites caused nearly £100m in damage. A waste packaging container caught fire, the company said in a statement this morning. Read more: Losses deepen as Ocado reveals cost of Andover [...]
Should the state pension age increase from 68 to 75 by 2035? August 22, 2019 Should the state pension age increase from 68 to 75 by 2035, as proposed by the Centre for Social Justice? Yes – Patrick Spencer is head of the work and welfare unit at the CSJ. The happy reality is that we are healthier and living longer. In 2017, the proportion of the UK population aged 65 [...]
How the offices of tomorrow can prepare for climate change August 22, 2019 Until relatively recently, climate change was spoken about as an abstraction. We knew it was a serious problem, but most people put it to the back of their minds. It felt too distant, too remote. We would agree on the need for “action”, nod sagely, then get back to our day jobs. That time has [...]
Boris and Priti don’t quite grasp how complicated ‘ending free movement’ will be August 22, 2019 “Freedom of movement will end” if the UK leaves the EU without a deal on 31 October, according to the government. At one level, this is a statement of the obvious – in a legal sense, free movement is an EU concept. Under Theresa May’s deal, which provided for a transition period until December 2020, [...]
Ryanair loses court bid to stop pilot strikes August 21, 2019 Ryanair has lost a legal bid to prevent its pilots from striking later this week but insisted its passengers would suffer little disruption. The budget airline applied for a High Court injunction that would have stopped its UK pilots from striking tomorrow and on Friday, meaning the industrial action will go ahead. Read more: Pilots [...]
Fire ‘biggest cause of losses’ on construction projects in recent years August 20, 2019 The biggest cause of financial losses on large-scale construction projects across the globe in the last five years is fire, according to research, while political risk and international sanctions are a growing concern for contractors. Fire accounts for more than one-quarter of losses on insurance claims made by contractors, according to Allianz, worth around €2.1bn [...]
City of London brings out new rules to tackle wind-inducing skyscrapers August 20, 2019 The Square Mile may be famed for its financial clout and history, but in recent years it has also been known for other elements: extreme wind. The City of London Corporation has become so concerned about pedestrians and cyclists being toppled over in the street by the skyscrapers that adorn its skyline that it is [...]
Why we should be worried that many women are reliant on their partners’ pensions August 20, 2019 We may have come a long way since the days when women were the property of men, but we still face some huge challenges when it comes to addressing financial gender inequality. According to a new report from Fidelity, 12 per cent of married women plan to rely on their partner’s pension in retirement, while [...]
Rising charges: Customers pay up to £3,000 to make a car insurance claim August 19, 2019 Extra costs that come with making a car insurance claim have skyrocketed in recent years, according to research, with some drivers having to fork out up to £3,000 to claim money back after a fire or theft. Since 2012, the average extra charge of making a claim for fire, theft and accidental damage – known [...]
The founder of Yulife on avoiding the grey-suit mentality of the insurance industry August 19, 2019 Dressed in a tie-dye T-shirt and jeans, Sammy Rubin looks more like a climate change activist than the chief executive of an insurance company. But then, there’s a lesson on why you shouldn’t judge people on how they look. Indeed, there are many things we can learn from Rubin – his hippyish dress-sense feeds right [...]