Thought leadership

Amazon marketplace investigated by EU

EU anti-trust regulators have opened an investigation into Amazon after allegations that it misuses “sensitive data” from independent retailers who sell on the online giant’s website. Anti-trust commissioner Margrethe Vestager said she would take “a very close look” at its business practices. The European Commission said it would examine Amazon’s standard contracts with marketplace sellers. […]

Government should not manage railways says review

The man tasked with working out how to improve UK railways says a ‘Fat Controller’ type figure, independent from government, should be in charge of day-to-day operations. The former boss of British Airways, Keith Williams, said government involvement should be limited to overall policy and budget decisions. But he said the Department for Transport should […]

Ocado invests £17m in vertical farms

Ocado has invested £17m in developing so-called ‘vertical’ farms. The firm, which delivers food bought online from Waitrose, is planning to grow herbs and leafy greens next to its distribution centres. It has made two investments in indoor farming. One is a joint venture with 80 acres, a US vertical farm business, and Priva, a […]

Private sector dominates UK outsourcing market in first quarter

Businesses signed deals worth £648 million between January and March, according to the Arvato UK Outsourcing Index. The private sector dominated the UK outsourcing market in Q1, with contracts worth £648 million procured between January and March, according to the Arvato UK Outsourcing Index. The research, compiled by business outsourcing partner Arvato CRM Solutions UK […]

Big University Gender Pay Gap Revealed

More than nine out of 10 British universities pay their average male employee more than they pay their average female employee. Nearly all government departments and almost two-thirds of local councils also have pay gaps, based on data given to the Government Equalities Office. Saturday is the last day for public sector bodies with more […]

Top bosses pay should be linked to rest of workforce say MPs

Companies should link the pay of top bosses to that of the rest of their workforce, a committee of MPs has said. The Business Select Committee said soaring pay had become a symbol of “corporate greed” and was undermining the reputation of UK business. It also said that over the last decade, the pay of […]

Exit fee crackdown on investment fund supermarkets

Regulators say a ban or cap on exit fees would make it easier for investors to switch investment “platforms” – otherwise known as fund supermarkets. The fees, which can amount to hundreds of pounds, effectively tie investors to one provider, the Financial Conduct Authority (FCA) said. It has proposed a crackdown on these fees so […]

EU Countries behind the global pace on crypto currency

New research commissioned by leading global cryptocurrency company Luno has revealed that nearly half (47%) of European countries are still sceptical about the profitability and safety of cryptocurrencies. Whereas nearly 4 in 5 (79%) of those in emerging markets* outside of Europe are more optimistic about the profitability of cryptocurrencies like Bitcoin and Ethereum. Cryptocurrencies […]

Economy needs more female entrepreneurs says government commissioned report

The UK economy could be given a £250bn boost if women entrepreneurs were given the opportunity to develop new businesses on the same scale as men, a government-commissioned report says on International Women’s Day. It estimates there are 1.1 million “missing” female-run firms and sets out eight ways of boosting the number of female entrepreneurs. […]