CBI to urge UK businesses to place greater emphasis on gender UK companies risk reducing the charms pandora sale issue of diversity to a mere footnote of other priorities, even though it's a key driver of productivity and competitiveness, according to the leader of one of Britain's most powerful business lobby groups.
In a speech on Tuesday, Carolyn Fairbairn, director general of the Confederation of British Industry(CBI), will say that greater diversity in the workplace "is not just a matter of fairness, but a hard nosed business case in the face of major changes in demographics and technology". According to pre released remarksthat she's due to deliver at a conference in London, Ms Fairbairn will say that progress towards inclusive workplaces must accelerate as a matter of urgency, not just in terms of gender, but also in terms of ethnicity, social background, sexual orientation and age. "We need to use what we know works and make it the norm in all our businesses. Not as a footnote to other priorities, but as a top strategic priority for our country," she will say. Ms Fairbairn is expected to say that enhanced diversity in the workplace will be particularly important as we head into "a perfect storm of changes in demographics and technology that will make talent the number one worry for our firms". "Government has a role, but this is mostly down to us. We must speed things up." The CBI has in the past pressed the Government to provide clarity on issues such as immigration and freedom of movement as the UK embarks on Brexit negotiations. Last month the president of the CBI, Paul Drechsler, warned that Britain would face a "Pandora's box of economic consequences" if it crashed out of the EU without a new trade deal in place. Also in March, Ms Fairbairn warned against "flash in the pan industrial strategies" and said that the Government must sharpens its focus in order to navigate economic headwinds andpolitical uncertainty. On Tuesday, Ms Fairbairn is due to say that although headway has been made in terms of diversity for example, in appointing more women to senior and management positions there's a risk of reversing that progress amid "a time of great change". According to the CBI, the Government's Davies Review, first introduced back in 2010, was successful in increasing the share of board jobs going to women from onein sevento onein three, but over the last year that proportion has slipped back to four. The number of female chief executive's in the FTSE 350, meanwhile, stood at 18 in 2015 but has since fallen to 16. "I worry progress in other areas may reverse if economic headwinds grow," Ms Fairbairn is due to say. "In tougher times, a search for experience might well end up being a search in a traditional pool, closing the door on greater inclusion. "Only committed leadership can win against this and is why it matters so much." She is expected to call on the Government to make diversity a key part of its industrial strategy going forwards, arguing that firms with the highest levels of gender diversity are 15 per cent more likely to outperform their rivals, while those companies with the highest levels of ethnic diversity are 35 per cent more likely to do so. EU launches antitrust investigation into Nike, Universal Studios and Hello Kitty owner The EU has launched antitrust investigations into Nike, Universal Studios and the owner of the Hello Kitty brand, over their licensing and distribution practices within the single market. a statement, the European commission said that it was looking into whether the three companies were illegally preventing retailers from selling certain goods licensed by them across borders and online, thereby breaking competition rules. Morrisons is selling 16oz 'Daddy of all burgers' for Father's Day The "daddy of all pandora on sale online burgers" has arrived, just in time for Father's Day. Morrisons launched the huge, one pound, 18cm monster, which should satisfy even the hungriest of dads, on Wednesday. one is made by butchers in store using 100 per cent British beef seasoned with paprika, sage and parsley. Morrisons claims it is the biggest beef burger money can buy in a UK supermarket, and it costs just 3. Shoppers will have to be quick however, as the oversized patties are only available until Sunday. Apple named world's most value company in tech dominated Forbes ranking Tuesday 23 May Tech behemoth Apple has been named the most valuable brand in the world for a seventh consecutive year. highly regarded ranking, compiled by Forbes magazine, puts the iPhone makers' brand value at $170bn, a 10 per cent increase on figure for 2016 and well ahead of second placed Google, whose brand value has risen $19.3bn from last year to just under $102bn, according to Forbes. peer Microsoft nabbed third spot, with a value of $87bn, followed by Facebook at $73.5bn. Consumer goods giant Coca Cola rounds out the top five with a value of $56.4bn. Diamond ring bought for 10 at car boot sale expected to fetch 350,000 at auction Monday 22 May A large, diamond ring is expected to fetch 350,000 at auction 30 years after its owner paid 10 for it at a car boot sale, thinking it was a costume jewel. "exceptionally sized" stone was presumed not to be real because 19th Century diamonds were not cut to show off their brilliance like today's gems. so the owner, unaware of its value, wore it for decades, while doing everything from the shopping to the chores. Property tycoon who banned 'coloured people because of curry smells' faces legal action Thursday 18 May A buy to let tycoon who banned "coloured people" from his properties "because of curry smells" is facing legal action brought by the equality watchdog. Fergus Wilson, who reportedly owns close to 1,000 properties in Kent, sent an email to a local letting agency informing them of the ban. chief executive, pandora children's jewellery Rebecca Hilsenrath, said: "We have asked the court if it agrees with us that Mr Wilson's lettings policy contains unlawful criteria and, if so, to issue an injunction. this is now formal legal action we will release further information at a later date." Nestl foiled by Cadbury as it loses bid to trademark KitKat bar Wednesday 17 May KitKat maker Nestl has been foiled again, after a UK Court of Appeal ruled that the consumer goods giant cannot trademark pandora bracelet promotion the shape of its popular four fingered chocolate bar.
ruling is the latest in a long running legal battle between the Swiss based company and its rival Cadbury. Nestl argues that the KitKat's shape is "iconic" and should be protected by law but Cadbury objects. Wednesday, the Court of Appeal ruled in favour of Cadbury, dismissing the claim.
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