Author: Scott Dylan

Newquay Airport has achieved national recognition for its outstanding health and safety measures. The Cornwall-based hub won a top award at the AirportsUK Health & Safety Week Awards.Receiving accolades for initiatives that include personal protective equipment and airside safety, Newquay Airport stands out among small UK airports. This achievement underscores the airport’s dedication to creating a secure environment for passengers and staff alike.Cornwall Airport in Newquay has been recognised as one of the leading airports in the United Kingdom for health and safety. At the prestigious AirportsUK Health & Safety Week Awards, the airport clinched the top prize in the…

Diageo has halted the sale of its summer cocktail brand, Pimm’s.The decision followed unsuccessful negotiations with potential buyers.Rothschild was engaged earlier this year for the auction process.Pimm’s was one of three brands Diageo considered for sale.Diageo faces ongoing challenges, including a drop in sales.Diageo, a global leader in the beverage industry with a diverse portfolio exceeding 200 products, made the decision to terminate the sale of its renowned summer cocktail brand, Pimm’s. This development came after negotiations with interested parties failed to culminate in an agreement, news of which was relayed by Sky News.Earlier in the year, Diageo embarked on…

The latest research indicates a notable decrease in the uptake of sizable industrial spaces in Wales during the third quarter, underscoring fluctuating market dynamics.With nearly 340,000 square feet less space transacted than the previous quarter, the market faces a unique set of challenges and opportunities.Overview of Industrial Space Take-up in WalesThe demand for large industrial spaces in Wales has experienced a downturn in the third quarter, as highlighted in the recent findings by global property consultancy, Knight Frank. The total activity for spaces encompassing over 50,000 square feet has notably diminished to 342,000 square feet, marking a substantial decline from…

In a bold move to strengthen its digital footprint, Watches of Switzerland has acquired Hodinkee, a renowned watch-focused media company. The acquisition aligns with the company’s online expansion strategy.Acquisition DetailsWatches of Switzerland has strategically acquired Hodinkee, a prominent media company focused on horology, to enhance its online market presence. Known for its editorial expertise on new and vintage luxury watches, Hodinkee attracts over 22 million unique visitors annually and boasts more than a million followers on social media platforms. The acquisition was completed for an undisclosed figure, reflecting a significant move in the luxury retail sector.Strategic AlignmentThe acquisition aligns with…

Watches of Switzerland has acquired the luxury watch content platform, Hodinkee, marking a strategic move to bolster their presence in the luxury sector.The acquisition is anticipated to enhance Watches of Switzerland’s ability to capture market share, particularly within the rapidly expanding US market.Founded in 2008, Hodinkee has grown to become a premier online destination for luxury watch enthusiasts, boasting 22.2 million unique annual visitors.The integration will see Hodinkee’s commercial activities and exclusive collaborations directed to Watches of Switzerland’s US ecommerce site.Hodinkee will maintain its editorial independence, with founder Ben Clymer returning to lead operations.Watches of Switzerland, a renowned luxury watch…

Bill Gates, a pivotal figure in technology and philanthropy, has seen a notable decline in his wealth rankings. His recent exclusion from the list of the world’s top 10 billionaires marks a significant change.Despite a net worth of $107 billion, Gates now ranks twelfth globally. This shift highlights key factors influencing his financial status, including personal and philanthropic decisions.Bill Gates, renowned for his unparalleled contributions to technology and philanthropy, has experienced a significant shift in his financial standings. Recently, Gates has fallen out of the top 10 wealthiest billionaires globally. His current net worth of $107 billion places him twelfth,…

The current port strike, advocated by the International Longshoremen’s Association, seeks better wages and job security. Vice President Kamala Harris’s support does not sway the workers’ political leanings.Workers focus on their demands for job protection and fair remuneration while remaining reserved in political endorsements. Their immediate priorities overshadow the broader political landscape.The ongoing strike, led by Harold Daggett of the International Longshoremen’s Association (ILA), reflects workers’ demands for job security and fair wages. Vice President Kamala Harris has publicly supported the striking workers, yet the workers have remained noncommittal towards supporting her presidential campaign bid. Her endorsement of their cause…

Retailers not traditionally associated with food are entering the growing food-to-go market.Fortnum & Mason launched its inaugural café counter in its flagship location.Holland & Barrett expanded its unique café offering with a new location.Hotel Chocolat introduced its first bakery and hot food concessions.WHSmith opened a new café format as part of its food-to-go expansion.Ralph Lauren’s coffee concept has transitioned from pop-up to permanent.Driven by potential growth, several retailers are venturing into the food-to-go market, which IGD projects will reach £23.4 billion by 2027. Traditional retailers like Fortnum & Mason have joined the fray, with Fortnum & Mason opening its first-ever…

Good Energy, a prominent renewable electricity provider, has expanded its solar operations. The firm purchased Amelio Solar, enhancing its market position.The purchase underscores Good Energy’s commitment to growth in the renewable sector, particularly in solar energy. It’s a move towards larger, commercial projects.Acquisition Details and Strategic FitGood Energy, a Wiltshire-based renewable electricity supplier, has strategically acquired Amelio Solar, a Lincolnshire solar installation company, for a transaction valued at £6 million. This acquisition comprises an initial payment of £5.5 million, settled in cash upon completion, with an additional £500,000 contingent on Amelio Solar meeting its profit targets by the end of…

The motor industry in the United Kingdom is making a compelling case for a reduction in VAT on electric vehicles and charging infrastructure. The push comes amidst challenges in meeting stringent government sales targets for zero-emission vehicles. Despite record-high registrations in recent months, the market is still falling short.The Call for VAT ReductionThe Society of Motor Manufacturers and Traders (SMMT) has formally requested the Chancellor to consider a significant decrease in VAT for electric cars and charging stations. This plea is driven by the industry’s struggle to hit the government’s ambitious zero-emission vehicle sales targets, which include 22% of all…