Tesco CEO Dave Lewis quits as supermarket declares turnaround ‘is complete’ October 2, 2019 Tesco chief executive Dave Lewis is stepping down from the Big Four supermarket, it revealed today as it declared its turnaround is complete. The CEO will leave the business next summer after chairman John Allan said he had accepted his resignation letter “with regret”. Read more: Tesco sells mortgage arm for £3.8bn Lewis called the [...]
FuroSystems Furo X review: A slick and stylish carbon fibre electric folding bike with buckets of power October 1, 2019 It took a short while for them to find one another, but now that they’re together, electric bikes and folding bikes are a match made in heaven. Either one is essential for those of us intending to commute partly by public transport and partly by bike, and without arriving at the office a sweating, stinking, [...]
Hong Kong protests: Activist shot as clashes overshadow China’s National Day October 1, 2019 A Hong Kong protester has reportedly been shot in the chest by a live police round, overshadowing China’s celebrations of its 70th anniversary of Communist rule. First aid workers were seen tending to an injured man on the street, according to South China Morning Post, which reported that police hit a demonstrator in the chest [...]
Sainsbury’s heir to the throne quits to join media powerhouse WPP October 1, 2019 Sainsbury’s has confirmed the CEO of Argos is quitting the retail space to join advertising giant WPP as its new chief financial officer, sparking speculation that boss Mike Coupe is in for the long haul. John Rogers, widely tipped as Coupe’s long-term successor, will leave the retailer on 31 October after almost 15 years at [...]
Alone again? Cities can drive connection in an isolated world September 30, 2019 Walking across London Bridge in the morning is to feel part of a truly connected and global city. The sheer diversity of ethnicities and languages would make it difficult to say in which country this city lay. Most buildings host coffee shops and restaurants bustling with people. Offices are increasingly occupied by small businesses with [...]
Luxury travel firm Secret Escapes snaps up failed rival Laterooms September 29, 2019 Luxury travel agency Secret Escapes has snapped up part of collapsed rival Laterooms as it booked a 66 per cent increase in sales for the year. Read more: Thomas Cook: Travel giant collapsed with a £3.1bn balance sheet deficit The London-headquartered company, which offers deals on holidays and hotels for its members, has acquired the [...]
Blame the Fixed-term Parliaments Act for this utter chaos in Westminster September 27, 2019 The BBC podcast series The Political Butterfly Effect explores the theory that even the tiniest of events can have vast and unintended consequences. If you’re curious how a bar fight may have caused Brexit, or what the meat extract product Bovril has to do with keeping Britain out of the euro, it’s worth a listen. [...]
Workers in the City of London broke half a million in 2018 September 26, 2019 The number of workers employed in the City of London broke half a million last year, according to new data. Office of National Statistics data released today showed there were 507,000 workers in the City of London last year, up from 495,000 in 2017. Catherine Mcguinness, policy chair at the City of London Corporation, said: [...]
France’s former president Jacques Chirac dies aged 86 September 26, 2019 Former French president Jacques Chirac has died aged 86, it emerged today. Chirac, who for some years had suffered from memory loss believed to be linked to Alzheimer’s, was France’s head of state from 1995 to 2007. Read more: France nominates central bank deputy as EU commissioner Chirac served as France’s president twice, and was [...]
Are UK supermarkets ready for Brexit? September 25, 2019 “One can say very clearly what the direction will be: higher prices, less choice, and poorer quality, because all of those dimensions have been improved by these open trading relationships that we’ve had over the last 40 years […] Brexit, almost in whatever version it is, will introduce friction, it will introduce barriers. That makes [...]