Millennials drive trend for picking Instagram-friendly holiday locations August 7, 2017 Social media influencers are now having an effect on our travel habits as well as our clothing and food choices. One in three Brits have booked to visit a destination after seeing it on Instagram, according to holiday booking website Super Break. Read more: Instagram-obsessed millennials are wasting food The proportion increased for millennials, 64 [...]
Look to the communications sector for how an open-facing UK can thrive outside the EU August 7, 2017 In time honoured fashion, the night of the EU referendum saw the UK’s broadcast media descend on Basildon, a town well known for its forthright voters. It wasn’t surprising that its residents opted robustly for Brexit. And as the town’s mayor announced the result, the crowd at the count didn’t disappoint the TV crews. “Goodbye [...]
When dividends can be harmful to a company’s health July 26, 2017 Pearson’s self-declared ambition to be seen as “the world’s learning company” came a little more into focus this month as the former FT owner offloaded a 22% stake in Penguin Random House (PRH). The sale – to PRH’s co-owner, German media giant Bertelsmann – alongside a recapitalisation of the business, raised some $1bn (£767m) and [...]
Stop denigrating work – it’s the best route out of poverty July 25, 2017 Most people in poverty in the UK are white. According to the Department for Work and Pensions (DWP) report on UK poverty published in March, a whopping 81 per cent of those individuals in households with income of less than 60 per cent of the national median are white. Individuals of Pakistani or Bangladeshi origin, [...]
‘Personalised pricing’ could soon make it cheaper to buy your lunch at 3pm July 21, 2017 These days, consumers have generally come to terms with the idea the price they are asked to pay for, say, a train ticket or hotel room can fluctuate – and sometimes quite markedly – depending on when they make the purchase. It would presumably still come as a shock, however, if their local supermarket charged [...]
Edinburgh Festivals’ legacy reaching every corner of the globe July 19, 2017 Edinburgh conjures up many images and emotions – from its landmarks and geography, architecture, history and role as muse, to countless original thinkers over the centuries. A UNESCO World Heritage site; the original UNESCO City of Literature; one of Europe’s most influential financial service centres; a thriving, cosmopolitan student city … but one reputation outshines [...]
Sean Bratches takes the wheel: F1 commercial chief on his plans to revamp the sport… and the future of the British Grand Prix July 14, 2017 After a 30-year career masterminding the growth of American sports channel ESPN from bit-part player to behemoth, Sean Bratches did not take long to realise retirement was not for him. Sitting on the sidelines lasted just over a year and he was tempted back by Liberty Media mogul Chase Carey in January to take on [...]
Olympic Stadium Formula One plan revealed: Audacious proposal shows Grand Prix circuit snaking through East London July 14, 2017 An audacious plan to hold a Formula One Grand Prix in and around Stratford’s Olympic Park has been pitched to the mayor of London, rivalling a separate bid to host a race in the Docklands. Reports of the Docklands plan surfaced earlier this week after the owners of Silverstone triggered a break clause in their [...]
Initial Coin Offerings: Are they a solution to Bitcoin woes? July 11, 2017 Initial Coin Offerings (ICOs) have taken the fintech world by storm the last few months. ICOs are tokens, typically based on the technology underlying Bitcoin’s more versatile cousin Ethereum, that entrepreneurs sell to investors in exchange for cryptocurrency – typically either Bitcoin or Ether, the cryptocurrency of the Ethereum network. Interestingly, these tokens do not [...]
Are ICOs and new altcoins a solution to Bitcoin woes? July 11, 2017 Initial Coin Offerings (ICOs) have taken the fintech world by storm the last few months. ICOs are tokens, typically based on the technology underlying Bitcoin’s more versatile cousin Ethereum, that entrepreneurs sell to investors in exchange for cryptocurrency – typically either Bitcoin or Ether, the cryptocurrency of the Ethereum network. Interestingly, these tokens do not [...]