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      Franco Manca and Real Greek owner slumps to £14m loss as boss quits

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Business

  • Opinion poll puts Labour six points ahead of Conservatives as welfare cuts become top of the agenda for voters

    September 22, 2014

    Labour is leading a new opinion poll by six points, taking 33 per cent of the mock vote, after the Conservatives dropped down to take only 27 per cent.    Ukip meanwhile rose in favour, and now has a convincing lead over the Liberal Democrats, being backed by 17 per cent of those canvassed by [...]

  • World Cup 2022: Bookies reckon Qatar’s odds-on to be stripped of the tournament by FIFA

    September 22, 2014

    Bookmaker Coral has made Qatar odds-on to be stripped of the 2022 World Cup by Fifa. The move comes after Fifa executive committee member Theo Zwanziger told German newspaper Bild that he did not think the World Cup would take place in the Gulf state. Coral has issued odds of 1/2 that Qatar will be [...]

  • Antibiotic resistance: Genome editor could provide the cure

    September 22, 2014

    The threat posed by antibiotic resistance to human health is growing. Every year, more bacterial strains emerge which are able to to resist even the most powerful drugs.    At the moment, roughly two million people are infected by drug resistant bacteria in the UK every year, leading to around 23,000 deaths.    Traditional methods [...]

  • The British Museum is going to be digitally recreated in new Microsoft toy Minecraft

    September 22, 2014

    The British Museum will be recreated in the video game Minecraft, whose developer Mojang was bought for £1.5bn by Microsoft.   A museum employee took to Reddit to sound out interest from the site’s Minecraft community, and was met with an enthusiastic response.   The build forms part of the British Museum’s “Museum of the [...]

  • Watch: In 1999 Alibaba founder Jack Ma told team to ditch 8-5pm work ethic (and that “the dream of the internet won’t burst”)

    September 22, 2014

    How did ecommerce giant Alibaba go on to have the biggest IPO in history? Well perhaps this video gives us an idea.    Back in 1999, Jack Ma told his team to emulate the “hard-working spirit of Silicon Valley” if they wanted Alibaba to suceed.    “If we go to work at 8pm and go [...]

  • Alibaba’s share price slides 3 per cent on second day of trading

    September 22, 2014

    Was Alibaba's IPO too good to be true? Shares in the newly-listed mega-retailer may have surged 38 per cent on their first day of trading on Friday, but investors had clearly calmed down today – its price fell three per cent in early trading. Alibaba listed on the New York Stock Exchange on Friday at [...]

  • Why Tesco’s share price just fell to an 11 year low

    September 22, 2014

    Another surprise announcement this morning from Tesco has further dampened the supermarket’s outlook when it really must have been hoping to move on from recent rough times. Shares fell more than 11 per cent to an 11-year low after announcing a £250m error in its first-half results. Whether its an accounting error or something worse, investigating the [...]

  • iPhone 6 breaks records: Sales top 10 million sending Apple share price up 0.84pc

    September 22, 2014

    It may only have been on sale for three days, but sales of the iPhone 6 have already topped 10 million, setting a new record. Apple chief executive Tim Cook said the sales “exceeded expectations” but that greater supply could have increased sales even further. The iPhone 6 and iPhone 6 Plus went on sale [...]

  • Scotch Whisky Association calls for government support over “trade barriers” as exports drop to 25-year low

    September 22, 2014

    This isn't just a hangover from the Scottish referendum.     Sales of Scotch whisky, one of the country's biggest and most emblematic exports, dropped 11 per cent in the first half of 2014, figures out today show.    Sales of the drink fell £220m to £1.77bn for the six months to the end of [...]

  • Labour Party Conference: Scottish referendum was “near death experience” for Westminster, says McCluskey

    September 22, 2014

    The Scottish referendum should act as a wake up call to Westminster politicians that “you ignore the hopes of working people at your political peril”, Unite general secretary Len McCluskey told Labour MPs today.    Opening with a quote from Russian revolutionary Vladimir Lenin, the union leader told delegates that the independence referendum had been [...]

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