IT consultant ordered to pay £50,000 after being accused of stealing Soho House members’ personal details
B&Q owner Kingfisher’s share price rises as it names Veronique Laury as Sir Ian Cheshire’s replacement September 10, 2014 Shares in B&Q owner Kingfisher opened 2.8 per cent higher this morning after it revealed its new chief executive as Sir Ian Cheshire prepares to step down. He will be replaced by the chief executive of Castorama France, Veronique Laury, before the end of the financial year. Cheshire, who has been with the company for [...]
Sports Direct scores profit rise but Mike Ashley’s company hurt by England’s poor World Cup September 10, 2014 Sports Direct enjoyed an 11.8 per cent rise in profit for the period ending 27 July 2014 , yet the sportswear retailer was hurt by England's early World Cup exit. The company founded by Newcastle United chairman Mike Ashley reported a 12.2 per cent increase in sales from £631m to £711.2m, while gross profit also [...]
David Cameron and Ed Miliband head to Scotland for last minute campaigning as union hangs in the balance September 9, 2014 Leaders of the UK’s three main political parties all fly to Scotland today in a last-ditch attempt to persuade Scots north of the border to vote against independence in just eight days’ time. David Cameron, along with Labour’s Ed Miliband and Liberal Democrat leader Nick Clegg, made the unprecedented move of cancelling Prime Minister’s question [...]
Carney: Low wages have brought surge in new jobs September 9, 2014 UNEMPLOYMENT has dived thanks to low wages, Bank of England governor Mark Carney said yesterday, arguing that poor pay growth had had some positive effects in the UK. But as joblessness has fallen rapidly, pay is likely to start rising at last as firms have to compete for staff once more. “Although the adjustment has [...]
US finalises new Russia sanctions plan as EU hesitates September 9, 2014 The US is putting the finishing touches to a new tranche of sanctions aimed at Russia, including powers to curb the nation’s defence, energy and financial sectors, it announced yesterday. The US government is seeking both to “deepen and broaden” existing sanctions against President Vladimir Putin’s government, following continued unrest in eastern Ukraine. State department [...]
EasyJet founder Stelios Haji-Ioannou launches Rightmove killer easyProperty September 9, 2014 Airline entrepreneur Sir Stelios Haji-Ioannou has unveiled his latest no-frills business idea, an online estate agent called easyProperty. The venture, for which he is seeking crowdfunded capital, will rival relative newcomers Rightmove and Zoopla in a bid to unseat traditional estate agents by offering cut price services. Users of the website will be able to [...]
Shard of light from our cosmic neighbour September 9, 2014 A supermoon or harvest moon, passes behind the Shard yesterday. The phenomenon involves a full moon coinciding with its closest approach to the Earth on its elliptical orbit. This is the third – and last – sighting of a supermoon this year
Apple lifts the lid on its Watch and iPhone 6 September 9, 2014 APPLE last night unveiled a new smartwatch, two larger iPhones and a mobile payments service, as chief executive Tim Cook set a bold new direction for the technology giant taking it into a host of new markets. At an event in San Francisco, the company took the wraps off a larger, 4.7-inch iPhone 6 and [...]
As it launches the new iPhone 6, just Watch that Apple grow – Bottom Line September 9, 2014 Apple is truly a creature of habit. You could almost set a watch (no pun intended) to the regular tick tock of its annual product cycles. But every so often, Apple must change its pattern, breaking with tradition to launch a new product or set a new direction for the company. The first iMac in [...]
Quindell buoyed by libel case win against Gotham September 9, 2014 QUINDELL has won its libel claim against mysterious US short seller Gotham City Research, sending shares in the company rising as much as 11 per cent in reaction to the news yesterday morning. The British insurance outsourcer issued libel proceedings against Gotham in April, after it had posted a critical note on Quindell, describing it [...]