Author: Scott Dylan

The legacy of Mohamed Al Fayed’s ownership of Harrods faces scrutiny following serious allegations.Harrods is responding to accusations of rape and sexual assault against Mohamed Al Fayed.The allegations surfaced in a BBC documentary, with testimony from 13 women.Harrods acknowledges past failures in supporting employees during Al Fayed’s tenure.The store has established a webpage for victims to pursue claims against Al Fayed.Harrods, the iconic London department store, has found itself at the centre of attention following accusations against its former owner, Mohamed Al Fayed. Allegations have emerged, claiming Al Fayed committed acts of rape and sexual assault during his time in…

Rightmove is assessing a new takeover proposal from Australia’s Rea Group, valued at £6.1bn.The offer includes 341p in cash per share and 0.0422 Rea Group shares.Rightmove previously dismissed earlier proposals from Rea Group as opportunistic.Rea Group aims to secure a presence on the London Stock Exchange through a secondary listing.The deadline for Rea Group to formalise this offer is 30 September.Rightmove, a leading UK property platform, is currently reviewing a third takeover proposal from Australia’s Rea Group. The offer is significant, valuing Rightmove at 770 pence per share, which combines 341 pence in cash with additional Rea Group shares, highlighting…

Today marks the debut of a Sainsbury’s Local store on the iconic Coronation Street, enhancing the realism of the show.The collaboration between Sainsbury’s and the television programme is a strategic product placement initiative.Argos concurrently renews its headline sponsorship with Coronation Street, indicating a strong corporate interest in the series.The Sainsbury’s Local facade on Victoria Street has been hidden from the audience until its reveal.Sainsbury’s products, including bags for life, are to be integrated into the daily lives of Weatherfield’s residents.A Sainsbury’s Local store is set to begin appearing on Coronation Street, with its first appearance signifying a major step in…

Salutem Care and Education enhances employee financial well-being through new savings initiative.The company introduces Wagestream Workplace Savings as part of its benefits package.Employees have access to a savings account with a 4.7% annual interest rate.The initiative supports financial flexibility, allowing penalty-free withdrawals.Salutem’s commitment to staff welfare gains national recognition.Salutem Care and Education has taken a significant step to improve the financial well-being of its employees by introducing Wagestream Workplace Savings. This new initiative is part of a broader effort to provide comprehensive financial support for its workforce.The Wagestream Workplace Savings account offers employees a competitive annual equivalent rate (AER) of…

Companies are increasingly focusing on financial wellness programmes to support employees.Financial stress can lead to severe consequences, including house repossession, if not managed well.Over half of employers now include financial wellness training, underscoring its demand.Addressing financial wellness can improve employee morale and productivity.HR departments can take proactive steps to aid employees in financial emergencies.In recent trends, businesses have been placing a stronger emphasis on financial wellness programmes to aid their workforce. This initiative is becoming critical in the face of rising living costs and accumulating debts, which impact employees’ ability to manage their finances effectively. By focusing on financial education,…

Rollits LLP celebrates the rise of two dynamic trainee solicitors, highlighting their distinct career journeys within the firm.Millie Bird’s promotion to the dispute resolution department marks her growth since joining as a paralegal in 2021.Molly Bloom’s advancement to the employment law team follows her initial introduction to Rollits during a summer programme.The firm emphasises its commitment to varied pathways into the legal field, as expressed by managing partner Ralph Gilbert.Rollits reaffirms its standing through continuous development and accreditation achievements.Rollits LLP has announced the promotion of two exceptional trainee solicitors, Millie Bird and Molly Bloom, each following a unique path within…

TikTok Shop launches its first week-long sales event in the UK, offering exclusive discounts.The ‘For You Days’ event will run from 23 to 30 September, featuring popular brands.Consumers can enjoy live shopping sessions lasting up to 16 hours per event.Discounts of up to 50% are available on trending brands and retailers.This event precedes Amazon’s upcoming Prime Big Deal Days in the UK.TikTok Shop is making waves in the retail landscape with its inaugural week-long sales extravaganza in the UK. Known as the ‘For You Days’ event, it promises substantial discounts from some of the platform’s most sought-after brands. Scheduled between…

UK households see a rise in disposable income as inflation eases.Asda reports a 12% increase in disposable income for August.Households now have higher disposable income compared to March 2021.Despite steady overall inflation, food and drink inflation slows.Lowest-income households feel prolonged impact of the cost-of-living crisis.UK households are experiencing an increase in disposable income as inflation continues to ease. According to Asda’s latest Income Tracker, there has been a 12% year-on-year increase in disposable income for August, marking the fifth consecutive month of double-digit growth. After accounting for taxes and essential expenses, the average household now has £247 weekly disposable income,…

A recent study by a consumer watchdog shows significant price differences in supermarket convenience stores.Customers are paying up to 21% more at supermarket convenience outlets compared to larger store locations.Morrisons, Tesco, and Sainsbury’s show varying price disparities based on product type and loyalty schemes.Geographical location influences pricing, with city centre outlets generally more expensive.Daily shopping requirements mean some consumers have no choice but to pay increased prices.A comprehensive study by Which? has uncovered that shoppers could face up to a 21% increase in prices at supermarket convenience stores compared to the larger outlets of the same chains. This suggests that…

REA has put forward a new, third bid to acquire Rightmove, intensifying its takeover efforts amidst previous rejections.The latest offer includes both cash and shares, valuing Rightmove at £6.1 billion with a 9.2% premium on prior proposals.REA’s CEO Owen Wilson has articulated a strong case for the strategic merger, highlighting mutual benefits in technology and market reach.Rightmove’s board has acknowledged the new bid but remains committed to its standing strategy, having rejected earlier proposals.Rightmove’s financial performance remains robust, recording a 7% increase in revenue and steady profit growth in recent reports.REA, an Australian property company majority-owned by Rupert Murdoch’s News…