Business

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Business News (October 2018)

Jaguar Land Rover announces production break Jaguar Land Rover (JLR) have announced a two week break in production due to a slump, in conjunction with large fluctuations across the global markets. The Solihull plant will be temporarily closed from October 22nd 2018 for two weeks. Staff have been advised that they will still receive their salary during the closure, and customers orders will not be affected. According to reports, staff at the Solihull plant will be placed on a 3 day working week until Christmas. JLR announced total retail sales to date of 57,114 – 12.3% lower than the previous year, even with demand for new models. Figures released are...

Business News (September 2018)

AI could usher in the four day week The TUC are using its annual conference call to the government, in an attempt to encourage businesses to agree to their current workforce to work less but for the same wage. Their notion is that the introduction of new artificial intelligence, robotics and automation technologies could not only provide a £200 billion UK economy boost, which would in turn possibly release pressures on the work force, it would end up making way for a four-day working week within the next 10 years. Cardiff based company IndyCube have implemented this work ethic over the last 18 months. Although the transition to the new...

Business News (August 2018)

Beer and cannabis Constellation Brands, the owners of Corona beer are looking to invest $4 billion into Canopy Growth, Canada’s largest cannabis producer. If the investment is successful, the deal will be Constellation Brands largest deal within the industry, in a bid to take advantage of the growing legalisation of cannabis. In 2017, Constellation invested $200 million into a deal with Canopy for the manufacture of a non-alcoholic cannabis-based drink. Following the news of the deal, Canopy’s Toronto-listed stock rose by 30%, but in stark contrast, the news also saw Constellations value fall by 6% on Wall Street. Canopy and Constellation believe that the investment will enable Canopy to expand...

Business News (July 2018)

Ryanair faces more industrial action Recent industrial action by Ryanair has affected flights between the United Kingdom and Ireland, following a vote by the Irish Airline Pilots Association to strike after disputes with senior management over pay and working conditions, including base transfers, promotion opportunities and annual leave. During the autumn of 2017, Ryanair were faced with the decision to cancel hundreds of flights following issues with staff rotas, leaving the airline with insufficient numbers of crew. It was during this period that Ryanair staff made their feelings known about poor working conditions. The relationship between Ryanair and the unions has frequently been hostile, but in December 2017 Ryanair took...

Business News (June 2018)

Football’s coming home Football has not only hit the headlines this month due to the World Cup, but also due to the wealth of football across Europe. It has been reported that the football industry in Europe is worth a record breaking amount of £22 billion according to auditing consultancy Deloitte. Figures released by Deloitte have revealed that the five largest leagues in Europe have generated between them a record amount of €14.7 billion (£12.6 billion) during the 2016-17 season, showing an increase of 9% annually. The Premier League in England headed the lead previously with a revenue of £4.5 billion, with each of the 20 Premiership Clubs setting their...

Special Report: The General Data Protection Regulations

Cheryl Dyer Ballard examines the The General Data Protection Regulations, which will come into force on Friday, 25th May 2018. Here, Cheryl examines the implications, what exactly is involved, the whys, ways and means of this landmark EU legislation, why you need to act in accordance with it by the deadline, and what it means for you as an individual.   Introduction You may have noticed in your inboxes the large amount of emails that you are receiving from companies that you have registered your details with at some time or the other. Personally, I’m ignoring quite a few of them as they’re from companies that I don’t even recognise –...

Business News (May 2018)

Club 18-30 to disappear? Travel giant Thomas Cook are said to be considering the future of the Club 18-30 holidays brand that they took over in 1998. The Club 18-30s holiday was first introduced during the 1960s, a brand which became notorious with its somewhat cheeky marketing and risqué advertisements. The package holidays targeted younger singles and couples that wanted to travel without their families. Although originally marketed at the 18-30 age group, the actual ages that are targeted range from 17 up to 35. Thomas Cook believe that the Club 18-30 holidays are no longer appealing to millennials, and are looking to concentrate on their new Cook’s Club brand...

Our compliance with the General Data Protection Regulations

We’ve now updated our General Data Protection Regulations policy (GDPR for short).  This is to meet our obligations under the new European Union regulations which come into force on Friday, 25th May 2018.  You may have had a whole plethora of emails and communications from all manner of online companies and websites recently, saying things like “Updates to our privacy policy”, “Data changes to EU law: please read”…and so on.  It’s because of the massive change to data protection regulations in order to strengthen EU laws, which also means that any company that isn’t compliant by the due date has the potential to receive a rather large penalty for not doing so. According...

Business News (April 2018)

Weatherspoons calls time on social media Pub chain J D Wetherspoon have taken the decision to drop their social media presence following an announcement on their Twitter page, effectively leaving an audience of over 44,000 followers.  Their decision follows a time of bad publicity around the use of social media that also includes “trolling” incidents involving MPs, the misuse of personal data as well as influences surrounding the “addictive nature of social media”. It is believed that 900 public houses across the UK will leave Twitter, Instagram and Facebook with ‘immediate effect’. Wetherspoons Chairman, Tim Martin, believes that their move to remove themselves from social media sites will not affect...

Business News (March 2018)

Easter eggs: more box than chocolate? Well, according to survey carried out by Which?, a third of your Easter egg weight comes from its actual packaging. The survey was based on the 10 top selling eggs across the United Kingdom and included brands such as Lindt, Thorntons, Mars, and Cadbury. Which?’s research showed that the cardboard and plastic surrounding your Easter egg adds up to a third of the total weight of the entire package. Thorntons came at the top of the survey, with an excess 35% of its weight arising from the packaging. Thorntons responded, explaining that the reason for packaging this way was to seal in freshness and...