Cinema workers to strike over London Living Wage at release of Fantastic Beasts and Where to Find Them November 16, 2016 London cinema workers are planning strike action around the release of Harry Potter spin-off Fantastic Beasts and Where to Find Them in an ongoing campaign to receive the London Living Wage. Workers at the Ritzy in Brixton and the Hackney Picturehouse are planning strikes between Thursday this week and Monday next week to align with the release of the the [...]
High-street retailers are struggling to meet the demands of tech-savvy consumers November 16, 2016 Black Friday marks the start of the UK's busiest shopping period of the year, and research shows retailers aren't doing enough to improve their customers' in-store experiences. Among the biggest irritations to shoppers are crowded shops (45 per cent), checkout queues (42 per cent) and long waits for fitting rooms (29 per cent). Almost two thirds [...]
Enterprise Inns results show steady growth as it moves away from one-size-fits-all management style November 15, 2016 Shares gained some fizz yesterday at the UK's largest pub owner, Enterprise Inns, while full-year profits after tax swung back. The figures Revenue rose 1.1 per cent to £632m from £625m last year. Profit after tax swung to £71m following 2015's loss of £65m, due to low exceptional refinancing costs and lower property charges arising from [...]
Healthy “grab and go” food chain set to open its 30th London location as millennials look for nutritious lunches November 15, 2016 Feel-good food chain Abokado is projected to turn over £17m following a current turnover of £14m and the opening of its 30th site in London set for early next year. The healthy, internationally inspired food company has thrived in the "grab and go" sector, providing busy Londoners something fresh for breakfast and lunch. The business, which aims to stock its [...]
Former chair of Northern Foods says consumers will see food prices rise “substantially” with inflation November 15, 2016 This is one of the most difficult times for the food industry in decades, according to Lord Christopher Haskins, former chair of Northern Foods. Haskins, who was the chairman from 1980 to 2002, said consumers will see food prices go up “substantially” in an interview this morning on BBC Today. With wages expected to stay [...]
New Plusnet Mobile service will expand the company’s portfolio as a quad-play provider November 14, 2016 Plusnet announced today the launch of the UK’s newest mobile provider: Plusnet Mobile. The new mobile service from the Sheffield-based telephone, TV and broadband provider is the result of parent company BT Group’s acquisition of mobile network LIFE Mobile, part of the EE business. The new service will build on Plusnet’s award-winning portfolio and is [...]
Hermes calls for an overhaul of chief exec pay to improve long-term performance November 14, 2016 Hermes Investment Management has called on large publicly listed companies to overhaul executive remuneration models. The company has released a paper outlining why restructuring remuneration practices helps long-term company performance and emphasising the need to address the question of fairness. The proposed reforms include publishing the ratio of chief exec to median worker pay and a [...]
Affordable housing could be about to become an asset class in its own right November 14, 2016 Affordable housing could become an asset class in its own right, new research has suggested. A report published today by management consultancy CIL has suggested that, despite having historically been regarded as a challenging area for the construction industry, affordable housing now represents a significant area of opportunity for the sector and for investors. The [...]
Chinese firm to offer £90m for walkie-talkie maker Sepura November 7, 2016 Walkie-Talkie maker Sepura will reportedly receive a £90m takeover bid from Chinese company Hytera Communications. The Chinese telecoms giant is expected to offer more than 25p a share for the business in the coming weeks, according to the Sunday Times. The move would come just months after a series of profit warnings led Sepura to [...]
Now Birds Eye and Walkers are putting up prices after Brexit November 6, 2016 Birds Eye and Walkers are following in the footsteps of consumer goods giant Unilever in raising their prices following a slump in the value of the pound after Brexit. Frozen food brand Birds Eye could raise prices by as much as 12 per cent in the next month according to the Sunday Times, and pack sizes [...]
