EDITION 736
22 OCTOBER 2018
As another week slips by, here are 10 things which caught my attention and may have escaped yours. This newsletter is sent to 50,000+ subscribers each Monday. Please share on social media and forward to your colleagues and friends so they can subscribe, learn and engage. I'd be very grateful if you did.
- How to work with prickly personalities. People with low emotional intelligence, also known as EQ, are generally harder to work with - they can be grumpier, more negative, and more erratic than average. But a few tactics can help you collaborate with a low-EQ person: [READ MORE]
- Good week for UK workers. Employees are enjoying their biggest pay rises since the financial crisis, according to the latest figures from the Office for National Statistics. Average weekly earnings excluding bonuses rose by 3.1% in the year to the end of August, the fastest rate since 2009. With bonuses, earnings rose by 2.7%. Consumer price inflation for the same period stood at 2.4%. The Times
- Inequality deepens as UK ultra-rich numbers swell. The number of ultra-rich people in the UK has grown by 400 over the last year. This takes the number of people with fortunes of more than $50m (£38m) to nearly 5,000. According to a study by the Swiss bank Credit Suisse, the fortunes of the already very wealthy are growing at a much faster rate than the general population. The news has prompted fresh concern about growing inequality. The Guardian
- Nick Clegg slammed for hypocrisy over Facebook role. Nick Clegg has been branded a hypocrite for joining Facebook despite previously criticising the social media giant for paying too little tax. The former Deputy PM will earn more than £1m a year to lobby on behalf of Facebook, which is facing investigations over its tax affairs and data breaches. Two years ago he criticised Facebook’s tax affairs and said he found its "messianic Californian new-worldy-touchy-feely culture… a little grating". The Sun
- Leaders need more than charisma. The most extroverted and intelligent member of a team is usually chosen to be its leader. But these traits, even though we often perceive them to be prerequisites for leadership, don’t come close to guaranteeing effectiveness. [READ MORE]
- Uber told it is worth three times more than Ford. Uber is targeting a valuation of $120bn (£91bn) in a stock market flotation planned for next year. Top US banks have told the ride-hailing app, which has never made a profit, that it is worth more than three times that of the car-maker Ford. Uber wants to list shares on the New York stock market next year. Wall Street Journal
- Government will tell private schools to share pools. The government is to encourage private schools to share their swimming pools after it was revealed that fewer than half of all British children are able to swim 25 metres by the time they reach the age of 11. Education secretary, Damian Hinds, says schools will get a share of a £320m fund to help boost swimming lessons. The Independent
- House prices slow as London lags behind. House prices in the UK grew at the slowest rate in five years in August, according to data from the Office for National Statistics and Land Registry. The figures also showed a growing divergence between a weak London property market and healthier rates of growth in other regions. Indeed, the capital was the only region where prices fell on an annual basis, down 0.2% in year to August. The Times
- Code to teach drivers not to ‘door’ cyclists. The Government is consulting on whether to change the Highway Code, with proposals including advice to drivers to open doors with their “far hand” hand when exiting vehicles. The technique, called the “Dutch reach”, encourages the driver to look behind them before opening their door and thereby avoid hitting cyclists. Transport Secretary Chris Grayling was filmed “dooring” a cyclist in 2016. BBC
- The bottom line. The estimated cost of policing Donald Trump’s visit to Britain in July was £18maccording to the National Police Chiefs’ Council blog. The majority of forces had to cancel officers’ rest days and extend the length of their shifts. Metro
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