London mayoral elections: Stephen Greenhalgh argues the capital needs a more joined-up approach to its emergency services August 20, 2015 London's ambulance service is in crisis. Last year Prime Minister David Cameron was forced to defend its performance, which was the worst in the country with only 66.5 per cent of ambulances reaching the most serious 999 calls within eight minutes. The NHS target is 75 per cent. This is because the ambulance service [...]
Walmart’s Asda has reached its “nadir” says chief Andy Clarke as supermarket chalks up more declines August 19, 2015 Asda boss Andy Clarke has said the troubled supermarket's “nadir” has been reached, as the Walmart-owned retailer revealed yet another slump in sales. Second quarter like-for-likes were down 4.7 per cent, while profits were flat. Clarke described the figures as “disappointing, but a short-term picture”. “We've hit our nadir,” Clarke said insisting there was [...]
Asda promises turnaround after sales hit rock bottom August 19, 2015 ASDA chief executive Andy Clarke insisted that the company was seeing the first “green shoots” of a recovery despite revealing its worst ever quarterly result in the 16 years it has been owned by US chain Wal-Mart. The supermarket chain, which recently lost its position as Britain’s second-largest food retailer to Sainsbury’s, said like-for-like sales [...]
FCA drops investigation into Quindell in light of Serious Fraud Office probe August 18, 2015 The Financial Conduct Authority (FCA) has dropped its investigation into troubled insurance outsourcer Quindell with immediate effect, making way for the criminal investigation being carried out by the Serious Fraud Office (SFO). "Quindell announces that it has been informed by the FCA that, in light of the investigation by the SFO into past business and accounting [...]
Quindell names new boss to unravel mess August 17, 2015 EMBATTLED insurance outsourcer Quindell yesterday appointed tech development guru Indro Mukerjee as its new chief executive, two months after the departure of Robert Fielding. The appointment was made public amid investigations by the Serious Fraud Office and Financial Conduct Authority into previous business and accounting practices. The announcement ends 80 days of uncertainty for Quindell [...]
Kentucky is more than just fried chicken: Hit the bourbon trail for a spirited, unbridled discovery August 14, 2015 All bourbons are whiskies, but not all whiskies are bourbons. This is the first commandment drilled into visitors at the distilleries that pepper the state of Kentucky, USA. Now, I’m a walking Wikipedia entry, espousing facts about bourbon to anyone who will listen; for instance, did you know that bourbon has to be made [...]
What’s in a name? Why Google’s transition to Alphabet is great news for investors August 13, 2015 Companies change names and rebrand when they wish to turn over a new leaf, or refresh their perception amongst key stakeholders. Some work, some don’t – just think about Britain’s Royal Mail and its short-lived rebranding to “Consignia”. That name change quickly got lost in the post. And remember PwC’s abortive attempt to switch to [...]
Both a friend and a voice August 12, 2015 Mencap is a partner and voice for people with learning disabilities Mencap’s Head Office has always sat on the edge of the City of London — between Old Street and the Barbican — but this year Mencap are determined to make sure our message gets heard loud and clear right to centre of the Square [...]
Why openness may be hurting your business August 11, 2015 Informing workers of executive issues could cause panic From compliance to corporation tax, transparency is increasingly expected of businesses. The advantages of openness are many, and it can lead to greater loyalty from both customers and colleagues. But there are also downsides to more radical forms of transparency, which may result in a fractured [...]
Google name change to Alphabet shocks Wall Street August 11, 2015 Google stunned investors last night by unveiling a radical restructuring that will see it become part of a holding company named Alphabet. Shares in the global tech giant jumped in after-hours trading after co-founder Larry Page published a blog post detailing the new plans. The move is designed to differentiate between Google’s core [...]