Tomorrow's Business Today
A tricky week at Teneo
Declan Kelly just had to go. The allegations against the Teneo boss were grubby, “an inadvertent, public and embarrassing mistake”, in his words, and perhaps a bit worse than that.
Rivals are asking: Has Kelly managed to draw a line under the matter by stepping down? Perhaps he has.
There is also a suggestion that Teneo’s private equity ownership might mean it is a bit too aggressive on charging for everything, though that extends far beyond the one firm I should think.
High fees might be fine as long as you are squeaky clean. High fees plus a reputational risk don’t mix well.
Press release of the day
Businesses need to offer flexible working if they are to attract the best talent, says this from TalkTalk.
That applies especially in London, I guess because commuting can be such a pin.
The top hybrid hotspots include Dartford and Bromley.