Bye-bye Boris Island: Economic disruption and environmental hurdles of Thames Estuary airport too huge and time-consuming September 2, 2014 Plans supported by London mayor Boris Johnson to build a new airport on the Thames estuary have been sunk by the Airports Commission. The so-called “Boris Island” airport has been ruled out by a commission led by former London School of Economics director Sir Howard Davies into options for increasing the air capacity in the [...]
Dave Lewis in plea to staff: Tell me how to fix Tesco September 1, 2014 New Tesco boss Dave Lewis parachuted into the supermarket giant yesterday by urging his half a million staff to email suggestions to help fix the troubled retailer. Marking his first day in charge, Lewis – who stepped up to take the reins from departing boss Phil Clarke a month earlier than planned – penned a [...]
Burberry boss Christopher Bailey snaps up Cara Delevingne and Kate Moss September 1, 2014 Burberry has today revealed its first fragrance campaign under chief exec Christopher Bailey after launching My Burberry, inspired by the group’s signature trench coat. The ad campaign is relying on the glamour of two of Britain’s best known models, Kate Moss and Cara Delevingne, as well as social media technology to draw in savvy luxury [...]
David Cameron and Nick Clegg split over anti-terror powers September 1, 2014 David Cameron and Nick Clegg are at odds over new anti-terror powers announced by the Prime Minister yesterday, with the coalition partners agreeing to just three out of the five changes so far. Cameron yesterday unveiled widely-expected beefed up powers to tackle the threat posed to the UK by the Islamic State terrorist group, telling [...]
Europe mulls economic sanctions on Russia as Nato builds forces September 1, 2014 Europe is understood to be considering further economic sanctions on Russia, including banning the purchase of Russian government bonds, as fighting in Ukraine continues. The news came as Nato detailed plans to create a 4,000 strong high-readiness force which could be deployed to eastern Europe to protect member states from Russian aggression. The proposal is [...]
British MEPs fail to block 84 per cent of EU laws September 1, 2014 British members of the European parliament failed to block 84 per cent of the legislation they opposed in Europe from entering into EU and UK law, according to a new report. The news will come as a boost to Nigel Farage’s Ukip, in its bid to win support for a British exit from the EU. [...]
A step towards Scottish independence? TV debate victory sees Yes camp narrow the gap September 1, 2014 The likelihood of Scotland breaking apart from the rest of the UK appears to have been significantly boosted by last week’s TV debate between First Minister Alex Salmond and ex-chancellor Alistair Darling. With just over a fortnight until Scotland goes to the polls, a shock survey published last night reveals a seven-point swing towards support for [...]
Blow for Boris as island airport is rejected September 1, 2014 LONDON Mayor Boris Johnson was dealt a blow last night after his plan for an island airport in east London was rejected by the Airports Commission. The Mayor’s transport advisor Daniel Moylan called the decision not to back the scheme, dubbed Boris Island, “shortsighted” but said the campaign to build a four-runway hub in the [...]
Phones 4u loses key Vodafone contract in 2015 September 1, 2014 High street mobile retailer Phones 4u saw the value of its debt, listed on the Irish stock exchange, plummet over 50 percentage points yesterday after Vodafone announced it would not renew its contract with the group. Vodafone, which accounted for 27 per cent of Phones 4u’s contract sales and 16 per cent of its pay [...]
A third of new KPMG partners women – but chair wants more September 1, 2014 Consultancy giant KPMG yesterday announced 52 new partners, pushing the total number over 600 and improving the firm’s gender balance at senior levels. A third of the new promotions are women – in comparison to only 15 per cent of KPMG’s existing partners. The firm said that it made particular efforts to bring in more [...]