THE DAILY BRIEFING
FUELLING WORK Forget ‘alfresco dining’, workers across the UK will be eating ‘al-desko’ thanks to a venture from Deliveroo.
The takeaway delivery firm that allows diners to order restaurant food through an app has launched a service allowing workers to have food delivered to their offices.
Christine Oddy, head of corporate sales and operations, said it would give employees a ‘huge variety of food to fuel their hard work’.
FALLING FRASER House of Fraser blamed the ‘uncertain’ economic situation for plunging half year earnings.
The privately-owned department store group saw profit fall to £1.1m for the 26 weeks to July 30 from £9.2m on sales of £573.5m.
It has blamed the lion’s share of the fall on a one-off £4m charge after changing its agreement with a credit card supplier and the remainder on the volatile trading environment.
FRAUD FIGHT Digital payment firm Worldpay has launched a service that allows High Street stores to keep tabs on transactions to detect dishonest staff.
The so-called big data service will also help spot fraud patterns, allowing businesses to add extra security checks on cards from certain countries.
Worldpay claims the initiative will save businesses 40 hours a month on administration, taking the ‘grunt work’ out of collecting data.
PESO POWER The Mexican peso bounced back from record lows against the dollar as investors declared Hillary Clinton victorious in the US Presidential television debate.
The currency has been hammered recently as polls suggested Republican Donald Trump, who pledged to build a wall along the Mexico-US border, could seize the White House.
SALES SURGE Legal & General said its retirement division will double sales so far this year to £5.4bn from £2.9bn for all of 2015, helped by a trend that allows customers to release cash from the value of their property to fund their retirement.
Meanwhile Toby Strauss, former boss of Scottish Widows, joins L&G as a non-executive director in January.
STEEL HOPE Liberty House has reopened the Dalzell steelworks in Motherwell after Tata closed it last year. Liberty spent five months rebuilding the workforce and recommissioning equipment.
MINE WORK Engineer Amec Foster Wheeler won a contract in Spain to work on the world’s only uranium mine currently under construction.
The project, run by Berkeley Energia, will involve Amec’s subsidiary MDM Technical Africa which will undertake engineering and design of the Salamanca mine.