Sunday’s Wrestlemania 31 was the biggest event in World Wrestling Entertainment (WWE) history, the organisation announced today.
Labour has responded to a pro-Conservative endorsement signed by 100 business leaders with their own letter of support from what it claims is a true section of British society.
The pro-Labour letter was signed by a mixed group including up to 50 low-paid workers on zero-hours contracts and creative industry workers such as designer Wayne Hemingway or advertising director Trevor Beattie.
It argues that the "proliferation of zero hour contracts" is a sign of the Troy government's failed economic plan. It comes after Labour leader Ed Miliband made passing a law to tackle zero-hours contracts a key policy in his election campaign.
— Jason Beattie (@JBeattieMirror) April 1, 2015
The pro-Labour letter, which will be published in the Daily Mirror tomorrow, states:
A symbol of the failure of this Government's economic plan is the proliferation of zero hour contracts which has helped fuel the low wage, low skill economy that is letting down working people and letting down Britain.
Britain only succeeds when working people succeed.
The Daily Telegraph today published a letter co-signed by 103 business leaders including 30 FTSE 350 companies, backing the Tory government for its pro-business policies.
Companies represented on the Telegraph's "unprecedented" letter include Bloomberg, Dixons Carphone, Iceland, Ladbrokes, Ted Baker, Marston's, Greene King and Asos.
Chuka Umunna, the shadow business secretary, said the letter had been "concocted and organised by the Conservative party" while chancellor George Osborne said the letter was a "roll call of British economic success, innovation and job creation".
British football's most turbulent club Rangers released their financial results yesterday, and predictably there were new revelations to discuss and more facts to depress fans.
The future is looking slightly more rosy with a more popular board at the helm, but there remains an awful lot of fixing up to do if Rangers are going to return to the pinnacle of Scottish football and beyond. Here's the four most important facts from Rangers International Football Club's interim results.
1. The club remains in desperate need of funding
In one sense, there were lots of positives to take from Rangers' most recent accounts. The club's operating loss for the six-month period ended 31 December 2014 fell by £800,000 while costs were brought down by just under £1m and revenues remained relatively stable at £13m.
And yet, the message from interim chairman Paul Murray was clear: "The mismanagement of the club in recent years has been simply staggering". Murray and directors John Gilligan, Douglas Park and John Bennett took over on the club's board, usurping the previous regime at an EGM at the beginning of last month.
Included in the interim statement published yesterday is a statement from independent reporting accountants casting doubt "about the company's ability to continue as a going concern". The cash balances at the end of period stood at £3.3m - but £3.2m of that relates to Rangers Retail - tied into a joint venture with Sports Direct - and remains unavailable as working capital for the football club.
The current board has made the identification of working capital a "priority" and are currently exploring a number of options for potential investors.
And on top of everything else, the company is facing the prospect of being delisted from the AIM market after its nominated adviser WH Ireland resigned with immediate effect on 4 March. The club is still searching for a replacement.
2. Alienation of the fans had a damaging effect on finances
The previous board's stewardship of the club proved incredibly unpopular with fans, who objected to lucrative contracts enjoyed by directors such as Derek Llambias and Barry Leach.
Not only did fans stage visible protests against the previous board, but the disaffection which led to many shirking season ticket sales leading to lower attendances and a £0.7m drop in ticketing revenue. That contributed to an overall £0.1m drop in revenue.
3. Mike Ashley could still take £0.5m from the club
Perhaps more unpopular than any other figure amongst Rangers fans, however, is Newcastle United owner Mike Ashley. The notorious Sports Direct founder still owns a 9.2 per cent stake in the club, despite the removal of allies such as Llambias from the board.
Not only does Ashley wield control over Rangers Retail, he could also be in line for a £500,000 windfall from the club thanks to five Newcastle players loaned to Rangers in the January transfer window. Should Rangers win promotion to the Scottish Premiership - they must pay Newcastle £500,000 for the loans of Gael Bigirimana, Haris Vuckic, Kevin Mbabu, Remie Streefe and Shane Ferguson. Only Vuckic has played in the league so far.
4. Fans and board must work together to reach 2022 goal
Outlined in the board's interim statement is a "2022 vision" which aims to take Rangers back to "the very top" within the next seven years.
Such is the size of Rangers' fan base that the goal is possible - even in spite of the precarious financial difficulties it currently faces - yet the support of that fanbase will be essential if the current board is to achieve success.
Murray says in his statement: "Achieving this [2022 vision] will be impossible if our fans do not buy into that vision. Buying season books and match-day tickets is not just about today, it is also very much about where we want to be in a year, five years, ten years and beyond".
As evidenced in the financial results, a clash of philosophies between board and fans will hold the club back from future progress. The two parties must work together.
Web hosting company GoDaddy saw its share price rise by 34 per cent on its first day on the New York Stock Exchange, valuing the company at well over $5.5bn (£3.71bn).
In its IPO filing to the securities and exchange commission, GoDaddy defines itself as the world’s largest domain marketplace:We are a leading technology provider to small businesses, web design professionals and individuals, delivering simple, easy to use cloud-based products and outcome-driven, personalized Customer Care. We operate the world’s largest domain marketplace, where our customers can find that unique piece of digital real estate that perfectly matches their idea. We provide website building, hosting and security tools to help customers easily construct and protect their online presence and tackle the rapidly changing technology landscape. As our customers grow, we provide applications that help them connect to their customers, manage and grow their businesses and get found online.
The date has been set for BT shareholders to approve the £12.5bn acquisition of mobile network EE.
The city is always changing, but 50 years ago, London underwent one of its greatest changes in the modern era, as the 32 boroughs we know and love (or hate, perhaps) today were formed.
The Local Government Act, brought in that year, ushered in new plans for the existing 28 Metropolitan boroughs and other areas now considered as part of London, to be redrawn into 32 new boroughs spanning further than ever before and renamed Greater London.
Originally there had been proposals for 52 boroughs, but that was eventually narrowed down to 32, in addition to the City of London, and today they celebrate their Golden Anniversary.
It wasn't just a name change, but a fundamental overhaul of the way the city was governed, handing control of many local amenities to those living in the area.
Here's how the former areas combined to create the London boroughs of today.
More than 2,000 people have been evacuated from offices near Holborn after a cable fire erupted under the pavement on Kingsway.
Around 70 firefighters have attended the electrical fire which forced the cancellation of a number of West End shows.
Police have declared it "a major incident". Kingsway has been closed at both ends and motorists have been told to find alternative routes.
— London Fire Brigade (@LondonFire) April 1, 2015
— London Fire Brigade (@LondonFire) April 1, 2015
— stuart (@stuarthandmodel) April 1, 2015
— sean cornwell (@seancornwell) April 1, 2015
— Emily Tye (@emsalily) April 1, 2015
— Emily Gilmour (@eagilmour) April 1, 2015
— Moggman (@m0ggman) April 1, 2015
— Iain B (@IBwan) April 1, 2015
The mystery of this morning's decision to suspend trading in Quindell shares has been solved, after the troubled insurance claims processor admitted it had understated the amount its professional services division contributed to the company, to the tune of £13.5m.
Shares were restored this afternoon after the company posted a statement several hours after its shares were suspended on Aim and the London Stock Exchange took the unusual step of cancelling trades on 403,512 of its shares.
The company said it had made mistakes in a circular sent to shareholders following the £637m sale of the division to law firm Slater & Gordon, agreed earlier this week.
According to Quindell, the circular originally stated that the division contributed £82.5m to the company in the year to the end of 2013, generating profits before tax of £113.4m.But today it said there was a "failure to fully transcribe profits related to entities forming part of the disposal ... (predominantly in respect of iSaaS Technology Limited and Intelligent Claims Management Limited, entities previously included within the company's 'Digital Solutions' division in historic financial information)".
During the financial year ended 31 December 2013, the profits before tax generated by the Professional Services Division contributed in aggregate £96,000,0001 to the Group. During the six months ended 30 June 2014, the profits before tax generated by the Professional Services Division contributed in aggregate £130,700,000 2.
As the economy gained steam throughout 2014, we knew 2015 would be a strong year for trucks.Higher demand dovetailed perfectly with the launches of our new full-size pickups and large SUVs. Low fuel prices and the successful launches of the Chevrolet Colorado and Trax made us even more bullish.Our foresight and disciplined approach to incentives is being rewarded with very strong truck sales and record average transaction prices.
Today, world leaders are hoping to finally come to an agreement over Iran's nuclear programme.