You get a payrise, and you, and you; everything’s not ￡1 at Poundland, 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.
Put the champagne on ice because wages are growing at the fastest rate in 11 years. The ONS said wage growth rose to 3.9% in the year to June, helped by pay increases for some NHS staff and the increase in national minimum and living wage rates in April. Around 115,000 people found a job between April and June as the employment rate hit its highest level since 1971. However, separate ONS data showed productivity fell for the fourth consecutive quarter prompting calls for workers to receive more holiday and benefits. ? Here’s what people are saying.
More than 100,000 people are being asked for their views on housebuilder Persimmon as the company launches an independent review into build quality, customer service and executive remuneration. Customers, employees, suppliers, trade bodies, local authorities and civil servants have been contacted about their views on the FTSE 100 company after receiving backlash over former boss Jeff Fairburn’s ￡75m pay package. The consultation period closes on 16 September, with findings of the review due by the end of the year. ? Here’s what people are saying.
Poundland is breaking with its slogan “everything’s ￡1” to trial a range of prices stretching from 50p up to ￡5. In a pilot across 24 stores in the Midlands, the proportion of items priced at ￡1 will drop from 85% to around 75%. Poundland started selling products at ￡2 and ￡5 in 2017. Managing Director Barry Williams described the move as an evolution from being a “single price” to a “simple price” outlet. ? Here’s what people are saying.
Ads for Philadelphia and VW are the first to be banned under new UK gender stereotyping rules. The Philadelphia cheese ad shows two distracted dads leaving a baby on a buffet conveyor belt, while VW’s clip of a woman sitting on a bench with a pram while men engaged in adventurous activities nearby also drew complaints. The Advertising Standards Authority introduced the code in June in a bid to crack down on sexist stereotypes amid fears they case psychological harm and contribute to pay inequality. ? Here’s what people are saying.
It might not be enough to buy a cup of coffee or even a jar of marmalade but check your change in the coming weeks to see if two new designs of the Paddington Bear 50p coin have made their way into your pocket. The Royal Mint released the coins, which feature the bear visiting the Tower of London and St Paul’s cathedral, to mark 60 years of Paddington. Earlier this week, reports emerged that millions of 50p coins are to be minted in time for Britain’s departure from the EU on October 31. ? Here’s what people are saying.
Idea of the Day: One reality of leadership: You’re not always going to be liked, says entrepreneur Naomi Simson. And that’s okay.
“You are not there to please the crowd. Your role as a leader is to make the world a better place — for the good of all.”
What's your take on today’s stories? Share your thoughts in the comments.
Digital Marketing Manager studying Computing
5 年Poundlands in Kent have been selling products for 50p-￡5 for a long time!
Professional Amateur
5 年Suppose they can't shrinkflate anymore.
Child Protection.
5 年Well, well, Poundland has finally been found out. Do me a favour everyone, the minute Poundland took out the competition, the whole idea of everything for a pound died. Why? That is simple, when you look at how the company has always been run, it has nothing to do with the consumer. If you think you are getting value for money anywhere today, you are a complete idiot. Take for instance what the Walton family earns an hour, only the poor lose out in it all. The super rich get richer, only from commodities we all need. The small shopkeeper has been totally wiped out really, we place too much emphasis on conglomerate companies period. Walmart wanted Sainsbury's like it took over Asda. Poundland, the only way you will get that is if you keep each one and help small businesses, then everyone has a share and not just the super rich.
StraumannGroup - Dip Clinical Orthodontics (EduQual) -Clear Correct and Digital TM With extensive clinical and business management experience in the dental field.
5 年Who exactly are getting pay rises??
VISPAE advocate, experienced Senior Retail Manager, passionate about customer experience, putting customers at the forefront of retail thinking. Making a difference, NOT making up numbers. AI free zone. Views are my own.
5 年So the two adverts mentioned have been banned for sender stereotyping? Holy Mother (and Father) of God (who may or may not be a man, or woman, or gender neutral non gender identifying being of human or non human form that probably doesn’t actually exist in any physical or non physical manifestation). Of all the things that could be complained about, this is NOT a priority.