Crops left to rot due to worker shortage, Facebook's cryptocurrency dealt another blow, and more top news
The news professionals are talking about now, curated by LinkedIn’s editors. Join the conversation on today's stories in the comments.
Tonnes of crops are being left to rot in the UK due to a shortage of EU workers, reports The Guardian. Despite attempts to increase recruitment from eastern Europe and offers of more perks, farmers reported a 30% worker shortfall last month. The National Farmers’ Union, which says the issue is driven by government policy and Brexit uncertainty, is calling for the expansion of a pilot scheme that allows 2,500 non-EU workers to come into the UK for six months. ? Here’s what people are saying.
The hits keep on coming for Facebook’s ambitious plan for a global cryptocurrency, as the company prepares to meet with backers on Monday. On Friday, it emerged eBay, Visa, Mastercard and Stripe have all withdrawn from Facebook’s Libra Association, just one week after PayPal also backed out of the deal. Now, the Financial Stability Board — the world’s most powerful financial regulator — has said that such currencies pose “a host of challenges” as a G7 nation task force has also voiced concerns. Facebook had said it hoped to launch Libra in 2020. ? Here’s what people are saying.
AA is searching for a new chairman, two years after ousting Bob Mackenzie over a bar punch-up. Britain’s biggest motoring organisation has hired consulting firm Korn Ferry to find a successor to John Leach by next summer. Founded in 1905, AA has more than 12 million customers. But the company has struggled to convince investors it has a grip on debts of ￡2.7bn. Last month, AA rolled out a three-year deal with Uber that will give app users in 40 UK cities access to AA roadside recovery services. ? Here’s what people are saying.
Shoppers continue to shun the high street as the number of shoppers heading to UK high streets, retail parks and shopping centres has fallen by 10% in the last seven years, according to research. A report from Springboard and the British Retail Consortium (BRC) showed shopping centres have fared the worst over the past year while the High Street is also struggling. Experts claim Brexit uncertainty is ‘having a material impact’ on consumer sentiment after BRC data released last week suggested UK retailers suffered their worst September since 1995. ? Here’s what people are saying.
BP, Royal Dutch Shell and BHP Billiton have been named among the world’s top 20 climate culprits. The global polluters list, all of them fossil fuel firms, create one-third of the world’s carbon emissions, according to a report from Richard Heede of the Climate Accountability Institute highlighted by the Guardian. Saudi Aramco topped the list, with about 4% of the world’s carbon emissions. The report estimates that these 20 companies have released 480 billion tons of carbon dioxide and methane into the atmosphere. ? Here’s what people are saying.
Also… Danish brewer Carlsberg is developing the ‘world’s first’ paper beer bottle. ? Here’s what people are saying.
Idea of the Day: Arne Sorenson, president and CEO of Marriott International, says it's important to recruit a diverse range of employees.
“I have found talented women executives attract other talented women executives to the workplace in a way that I can’t.”
What's your take on today’s stories? Share your thoughts in the comments.
Essential oils wholesale supplier and retailer
5 年I have friends who left their ready-to-eat production rotting- unpicked because if they have to pick it up they will end up in depth. They have a huge amount of land so they’ll have to hire a lot of people to do the work so they decided to just let it stay that way.
Service Manager
5 年@
Freelance Content Creator and Digital Marketing Trainer
5 年Obviously has to be Brexit killing the high street. Couldn't possibly be sky-high parking charges, overpriced stuff you can buy from eBay or Amazon and have delivered to home for a fraction of the price, constant "it's out of stock, our website is a different company", exactly the same stuff in every single shop, shops running on skeleton staff meaning a bad customer experience,?endless rows of charity shops, chuggers and the like on every street, high petrol prices, expensive (and unreliable) public transport especially in villages or rural communities, the rubbish weather, stagnant wages, both parents working full time to make ends meet and pay for childcare... nope, none of that. Must be Brexit.