Wayne Brown, an analyst at City brokers Canaccord Genuity, said Domino’s prominence is down to “firstmover benefit”– it introduced and rode the home-delivery surge earlier compared to any person else.
However it has actually likewise kept up with its customers, browsing the web as far back as 1999,
welcoming social networks and releasing a mobile phone application in 2010.
December 10, 2013 / Sticky
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Scandal
We have all become accustomed to the annual Comic Relief event, many of us actually look forward to
watching the show on TV and enjoy donating our hard earned cash to the good causes it supports hoping to
help make a difference to someone’s life somewhere in the world so you may be surprised to learn that the
people behind the charity not only invest the money they collect but have made some really bad
investments.
Comic Relief has raised many millions of pounds over the years for charities here in the UK and also abroad.
As well as direct donations they also pass funds to smaller charities to assist them in their causes, sometimes
in one off donations but often in a maintained schedule that can see some charitable causes receiving funds
over a period of years, this means that Comic Relief are constantly managing a revenue stream of many
millions of pounds.
To leave this kind of money sat idle in a bank account could be seen as a wasted opportunity as interest
rates are dismal at the moment so to try and make the money they are holding some large charities like this
use investment funds to grow the pot, and here lies the problem. A recent BBC show has uncovered that
some of the funds collected by Comic Relief had been invested in companies that go against the cause these
organisations are trying to combat which is a huge contradiction in terms.
For instance amounts tot alling several millions of pounds have been invested in companies such as BAE
weapons manufactures, Diageo who supplies alcoholic drinks and even tobacco companies. None of this
would have been on the mind of donators when they made their pledge on red nose day.