Commercial Awareness Update 16/12/16

Commercial Awareness Update 16/12/16

Here are today’s headlines:

Edinburgh University students vote for £10k ‘nap pods’ on campus

If any of you have gone to an open day at a law firm, you will recognise the concept of “nap pods.” The purpose of these pods is to have a sleeping facility for nights when you are working long hours, saving time and money in search of a hotel. Law firms, which are generally renowned for rather long hours, therefore find it necessary to provide these facilities. To be introducing them into the university lifestyle presents how students are expected to work longer and longer hours, and how both the professional and learning environment are focusing less on the work-life balance. Furthermore, has sleep now become a commodity? Each “nap pod” costs £10,000 each and come with a range of features, such as music and vibrations. Are people being so overworked that they are prepared to pay such a price to rest? Perhaps this, or perhaps the university has provided a new form of procrastination for its students!  Read more on the BBC, Sky News or The Huffington Post.

Just Eat swallows food delivery rivals in deals worth up to £300m

For those who are unfamiliar, Just Eats business runs on the basis that they charge a commission to the company who provides you with the food, but also leave it to the food provider to deliver. Just Eat has removed its competition with Hungry House and Canada’s SkipTheDishes in order to preserve its niche in the market for food delivery. This is a market which is becoming ever-more competitive, with other rivals such as Deliveroo on the rise. The company spent £266m on the deals, but Just Eat Boss David Buttress does not consider this too steep a price to pay. After the deal, the value of shares in the company rose, suggesting that people do not necessarily see companies such as Uber and Deliveroo as a great threat to Just Eat’s business. Read more in The Financial Times, The Telegraph and the BBC.

Easyjet lifts target for recruiting new female pilots

Compared to the significant rise in female solicitors, the profession of airline pilots is poorly represented by women. Considering there are some legal cases where women used to be stopped from working due to pregnancy (Webb v EMO Air Cargo (UK) Ltd (No 2), it is unsurprising that women have not typically been drawn to the profession.  However, it is positive to see a move away from these old gender roles, with Easyjet aiming to have one fifth of the pilots as women. Previously, only currently only 3% of commercial pilots have been women. The company recognises that whilst some companies have created an environment of gender equality, Easyjet still has a way to go. Sourced from LexisNexis.  Read more here.

Further reading:

  1. Putin said to have a hand in the election hacks in Trump’s favour (Reuters, The Independent, The Guardian)
  2. EU excludes May whilst they discuss options concerning Brexit (BBC News, Reuters, Sky News)
  3. Southern rail talks end with no resolution (The Evening Standard, BBC News, Sky News)
  4. Pressure on Yahoo after massive hacking (The Telegraph, BBC News, The Guardian)
  5. Sky and 21st Century Fox agree £18.5bn takeover deal (Sky News, BBC News)
  6. London rents fall for first time since 2010 (Reuters, The Telegraph)
  7. ‘Three-parent baby’ treatment that prevents genetic diseases has been approved (The Independent, The Guardian, The Telegraph)
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