Image copyright PA A bottle of wine being uncorked could be one simple, but perhaps unlikely, answer to Britain’s dire productivity problem. Staff at Fifteen Cornwall, a restaurant on that county’s northern coast, have been sent on formal wine training. The training helps workers to persuade diners to trade up to a more expensive, and …
Image copyright Alamy Supermarket giant Asda is to begin consultations with staff on changes that could mean up to 2,500 job cuts. An Asda representative said the firm needed to consider changing employees’ roles and working hours. Asda, which has been owned by US retail giant Walmart since 1999, has agreed to be taken over …
Image copyright Getty Images A High Court ruling on gender equalisation of pension payouts could have an estimated £15bn effect on major pension schemes. In the case, closely watched by the industry and government, three female members of Lloyds Banking Group’s pension scheme challenged the bank. It surrounded the use of Guaranteed Minimum Pensions in …
Retail analyst Claire Bailey says claims about Topshop owner could hit sales if customers switch loyalties Source by [author_name]
BBC Click’s Omar Mehtab looks at some of the best technology news stories of the week including: Uber announces a plan to add a surcharge to all London based fares booked by its app from “early” 2019 to help its drivers buy electric vehicles Madrid bans electric scooters from being ridden on its pavements Micro …
Image copyright PA British consumers are eating more than twice as many strawberries as they did 20 years ago. A big part of the reason for this, say farmers, is the army of East European workers flown in each year to pick them, which has helped keep prices down. What’s going to happen after Brexit? …
Image copyright Getty Images The government’s new flagship benefits system – universal credit – is causing “unacceptable hardship” for many of the claimants it was meant to help, a committee of MPs has said. The universal credit system has been made less generous since it was announced eight years ago and there are concerns 3.2 …
Image copyright PA Royal Bank of Scotland has said it is setting aside £100m to deal with “the more uncertain economic outlook”. RBS is the first big bank so far to make such a provision in the run-up to the UK’s exit from the EU. The move came as the bank reported a 14% rise …
Image copyright Getty Images Image caption Sir Philip Green issued a statement saying he “categorically and wholly” denied the allegations Lord Hain has defended naming Sir Philip Green as the businessman a newspaper accused of sexual and racial harassment, saying it was the “right thing to do”. A court injunction prevented the Daily Telegraph from …
The prime minister has promised an end to austerity, but can the chancellor, Philip Hammond, make good on her words in the Budget? The BBC’s economics editor Kamal Ahmed, business editor Simon Jack, and political editor Laura Kuenssberg explain why he cannot simply turn on the spending taps. Source by [author_name]