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Tag Archives: new business ideas

Pearson sells 22% stake in Penguin Random House

Shares in Pearson have risen after the company said it was selling a 22% stake in book publisher Penguin Random House.The sale, to its joint venture partner Bertelsmann, is expected to raise about $1bn (£776m) and Pearson said it would return £300m to shareholders.After the deal, Pearson will still …

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Taylor Review: UK should end cash-in-hand economy

The author of a government review into work practices is calling for an end to the “cash-in-hand economy”.Matthew Taylor, whose report is out on Tuesday, said cash jobs such as window cleaning and decorating were worth up to £6bn a year, much of it untaxed.The review also recommends that …

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Air India: No chicken in cattle class

Air India has stopped serving non-vegetarian meals to its economy class passengers on domestic flights.The cost-cutting measure comes as the government considers ways to privatise the debt-laden national carrier. Critics have suggested the move is discriminatory and will make very little difference to the airline’s bottom line. But Air …

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Guiding lights

The World Association of Girl Guides and Girl Scouts is updating its image with a number of new achievement badges aimed at encouraging young women into science and technology.My memories of the Girl Guides involve marshmallow toasting, tying knots and being assessed on my table-laying skills for a badge …

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Watchdog probes £4.50 premium rate texts

A watchdog has revealed it is investigating a premium-rate texting campaign, following complaints from recipients that they have been charged fees even though many believe they never opted into the service.One expert claimed the messages look like spam, which could cause phone owners to ignore them.There is also concern …

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Dating app tech finds celebrity lookalikes

Dating app Badoo is adding facial recognition technology to let people search for celebrity lookalikes.The company said the feature would soon be added to its mobile app, to let people find dates who look like their favourite stars.The BBC’s Chris Foxx asked Badoo’s Miles Norris whether it was really …

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