News from Business

Just Eat shareholder wants merger with rival instead of hunt for CEO

Just Eat shareholder wants merger with rival instead of hunt for CEO

Just Eat, the British online takeaway service, has come under fresh pressure from an activist investor, which is calling for it to merge with a rival rather than appoint a new chief executive. Cat Rock Capital Management, a US hedge fund that owns a...

Guardian, 11 February 2019
 
A 4.30am start and three-minute toilet breaks: are you ready for microscheduling?

A 4.30am start and three-minute toilet breaks: are you ready for microscheduling?

Work is one of the biggest sources of stress in our lives, second only to health problems, according to a survey for the Mental Health Foundation last year. What work and productivity coaches call “overwhelm” is widespread, as notifications,...

Guardian, 11 February 2019
 
Shopping, songs, TV, transport … new tech has many sectors in disarray

Shopping, songs, TV, transport … new tech has many sectors in disarray

Film and TV: Netflix Netflix has helped change the way we watch television and film, further weakening our reliance on traditional TV schedules and providing a cheaper alternative to a cinema trip. It invested massively in shows such as The Crown,...

Guardian, 11 February 2019
 
Apple admits a manufacturing fault but I still have to pay

Apple admits a manufacturing fault but I still have to pay

My iPhone 7 is less than two years old but has developed what has been dubbed “loop disease” – it continually refuses to start up, and will only display the Apple logo. Apple sent me to a store (an hour away) and I have spent several hours on the...

Guardian, 11 February 2019
 
My parents have a 'lifetime mortgage' – what happens if my mother sells?

My parents have a 'lifetime mortgage' – what happens if my mother sells?

Q When my father died, my parents’ joint mortgage was put into the sole name of my mother. This was when we discovered that he had not been paying the mortgage for many years and had in fact changed it to a what the lender called a “lifetime mortgage”...

Guardian, 11 February 2019
 
Labour calls for contactless payment across rail network

Labour calls for contactless payment across rail network

A nationwide system of contactless or mobile payment should be introduced for rail travel, according to the Labour party, which has accused the industry of lacking ambition for reform. Publication of an anticipated fares and ticketing review by the...

Guardian, 11 February 2019
 
Fire-risk fridges still on sale in UK, says Which?

Fire-risk fridges still on sale in UK, says Which?

Hundreds of potentially dangerous fridges, freezers and fridge-freezers with plastic backings are still on sale at UK retailers despite them being shown to pose a fire risk, a consumer group has said. Tests by Which? have found that the plastic...

Guardian, 11 February 2019
 

One in eight high street shop premises lying vacant

One in eight high street shop premises lay vacant last month, the latest retail figures show. The town centre vacancy rate for Scotland was 12 per cent in January, up from 11.1 per cent in October and above the UK average of 9.9 per cent. Footfall...

Scotsman, 11 February 2019
 

Ex-Wiseman directors on board with Scot Bio

Two former executives at dairy group Robert Wiseman have joined the board of a Scottish biotech firm in the wake of a £2 million funding deal aimed at rapidly growing the business. Martyn Mulcahy and David Dobbins – who had been operations director...

Scotsman, 11 February 2019
 
Reddit: Censorship fears spark criticism of Tencent funding reports

Reddit: Censorship fears spark criticism of Tencent funding reports

A reported investment by Chinese tech giant Tencent in Reddit has sparked a backlash on the popular community news site over censorship fears. Last week reports said that Tencent would be investing $150m (£115m) into the platform. China has a strict...

BBC, 11 February 2019
 

Virtual reality beckons for corporate team building

A Fife company is claiming a UK first with the introduction of virtual reality technology aimed exclusively at team building. Dunfermline-based corporate event provider Team Challenge Company said Infinite Loop, which uses advanced gaming software,...

Scotsman, 11 February 2019
 

Software firm Aeon promises oil and gas revolution

A Scottish geologist has developed a cloud computing-based system that aims to reduce costs and increase productivity within the oil and gas industry. Jamie Birse-Steward, the founder of Edinburgh-based Aeon Geoscience Systems, has been working on his...

Scotsman, 11 February 2019
 
Austerity to continue unless Hammond spends, says IFS

Austerity to continue unless Hammond spends, says IFS

Philip Hammond must spend billions extra to end austerity, says think tank the Institute for Fiscal Studies (IFS). To maintain per capita spending across government departments which don't have ring-fenced budgets, he must find an extra £5bn a year by...

BBC, 11 February 2019
 
'I stole £30,000 from my mum to make millions'

'I stole £30,000 from my mum to make millions'

The BBC's weekly The Boss series profiles different business leaders from around the world. This week we speak to serial technology entrepreneur Andrew Michael. When Andrew Michael was 17 he gambled on changing his life by spending £30,000 on his...

BBC, 11 February 2019
 
Mike Ashley withdraws his surprise bid for Patisserie Valerie

Mike Ashley withdraws his surprise bid for Patisserie Valerie

Sports Direct has pulled out of the bidding for Patisserie Valerie, just two days after emerging as a surprise suitor for the stricken cake chain. Mike Ashley’s sportswear group walked away from talks on Sunday, ending the prospect that Patisserie...

Guardian, 10 February 2019
 


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