Author: Sam Allcock

Deliveroo has initiated a campaign urging the government to extend greater legal protections to delivery riders amidst rising incidents of abuse.Deliveroo, in collaboration with the trade union GMB and the British Retail Consortium, has launched the ‘Right to Ride Safely’ campaign. This initiative advocates for amendments to the Crime and Policing Bill, seeking to ensure comprehensive protection for couriers throughout their delivery route. Currently, the bill proposes a standalone offence for assaults against retail workers, yet it fails to explicitly cover delivery riders.The proposed changes aim to extend legal protection from the moment an order is accepted, through the journey…

Morrisons has successfully reduced its substantial debt by nearly 40%, marking a key achievement in its financial strategy.Morrisons, the prominent UK supermarket chain, has made significant strides in financial restructuring by cutting its debt from £6.2 billion to £3.8 billion. This represents a reduction of around 40%, a notable turn for the company. The restructuring involved extending term loan facilities from 2027 to 2030, alongside a reduction in both the cost and level of debt. Furthermore, Morrisons extended its revolving credit facility to 2030.The move comes after Moody’s, the credit rating agency, upgraded the credit status of Morrisons’ parent company,…

Mulberry has reported substantial losses in its half-year financial results, signalling a pivotal time for the luxury brand under new CEO Andrea Baldo.The luxury fashion brand’s losses increased to £15.7 million as sales fell 19% to £56.1 million, compared to the previous year.CEO Andrea Baldo highlights the necessity to reprioritise and rebuild the brand to enhance its relevance both domestically and internationally.Decisive actions are being implemented to streamline operations, improve margins, and strengthen the cash position.A recent takeover bid from Frasers Group was rejected, with ongoing concerns about Mulberry’s governance and financial strategy.In its latest financial update, Mulberry, the renowned…

Blacks Solicitors introduces a new service to protect Yorkshire brands’ trademarks.The service addresses the growing demand for brand safeguarding in competitive markets.Proactive monitoring will prevent unapproved use of names, logos, and slogans.Over 163,000 UK trademark applications last year highlight increasing competition.Expert team at Blacks Solicitors offers decades of experience in intellectual property.Blacks Solicitors, based in Leeds, has launched a service aimed at protecting trademarks for businesses in Yorkshire and beyond. This service has been developed in response to the increasing market demand for brand safeguarding as competition intensifies. With more businesses seeking to protect their unique brand identities, this new…

The Bar Council has expressed significant concerns regarding the Bar Standards Board’s (BSB) newly proposed equality duty, labelling it as potentially unlawful and warning of ensuing litigation with barristers.The proposed changes by the BSB aim to replace the existing core duty not to unlawfully discriminate with a proactive obligation to advance equality, diversity, and inclusion (EDI) within legal services. Yet, the Bar Council perceives these changes as mere ‘virtue signalling’, unlikely to effectively tackle existing discrimination issues or foster diversity at the Bar.Critics, including the Bar Council, argue that the BSB has not clearly justified the need for such a…

In the fast-evolving world of digital assets, identifying long-term value is essential for forward-thinking investors. Cryptocurrencies like Shiba Inu and Dogecoin offer intriguing prospects but often lack sustainable utility. This article explores superior investment opportunities that promise growth and stability over time.Discover how innovative cryptocurrencies can offer more than just market speculation. This guide delves into several promising digital assets poised for long-term growth. Unlock the potential beyond the typical meme hype and learn why certain cryptocurrencies stand as viable long-term investments, equipped with robust technology and real-world applications.Aureal One: Leading the Way in Blockchain GamingAureal One positions itself as…

Cryptocurrency continues to intrigue investors with its potential for significant returns and innovative projects. Recently, a select few penny cryptocurrencies have emerged as potential game-changers, promising exponential growth. These digital currencies are poised for major development, offering remarkable opportunities for strategic investment.This article delves into promising projects like Aureal One, DexBoss, and 5thScape, each showcasing unique strengths in technology and market positioning. By exploring these emerging currencies, investors can gain valuable insights into potential high-growth opportunities in this dynamic landscape.Innovative Approaches in Emerging CryptocurrenciesThe landscape of digital currencies is evolving swiftly. Among these, Aureal One emerges as a notable contender,…

Kering has announced significant leadership changes within its luxury brands, Saint Laurent and Balenciaga.Cédric Charbit will return to Saint Laurent as CEO, a position he previously held in a different capacity.Gianfranco Gianangeli is appointed as the new CEO of Balenciaga, succeeding Charbit.These leadership changes come amidst a challenging period for Kering with reported revenue declines.The reshuffle indicates a strategic move by Kering to bolster its luxury brands.Kering, a prominent name in the luxury fashion industry, has made notable changes to its executive leadership. Cédric Charbit is set to return to Saint Laurent as CEO, effective from 2 January 2025. Charbit,…

In the fast-evolving world of cryptocurrencies, the spotlight is shifting to ETFSwap (ETFS). An expert analyst has heralded this as the next major player, with projections suggesting a staggering 3000x increase in value by 2025. As Solana faces fresh competition, ETFSwap’s expansion into institutional domains is a game-changer.This emergent contender offers a compelling blend of blockchain innovation and traditional financial structures. Through strategic integrations and robust growth potential, ETFSwap is positioned to redefine the DeFi landscape, making it a pivotal focus for stakeholders. With its presale phase already attracting significant attention, investors globally are paying heed to this crypto revolution.ETFSwap’s…

Asos awards its CEO a significant pay rise amidst escalating losses.José Antonio Ramos Calamonte’s pay rose by 44% to £1.17m this year.Despite this, Asos faced a dramatic 18% drop in revenue, falling to £2.9bn.The company reported substantial operating losses amounting to £331.9m.An Asos spokesperson emphasised improved profitability and strategic progress.Asos has defended a £300,000 salary increase for its CEO, José Antonio Ramos Calamonte, attributing the raise to his role in improving profitability. Despite the financial year ending with operating losses of £331.9m, the CEO’s annual pay rose by 44% to £1.17m. This increase consists of a base salary of £716,436…