Hollywood Bowl boosts revenue in strong first half April 10, 2019 Ten-pin bowling operator Hollywood Bowl said revenue for the first half of the year was up more than five per cent. It said total revenue growth was 5.3 per cent with like-for-like growth of 4.4 per cent. The company said its growth was driven by investment in technology and rolling out new initiatives while “maintaining [...]
EU set to decide on UK Brexit delay as Tory MP threatens legal challenge over lengthy extension April 10, 2019 The EU is set to decide whether to accept the UK’s Brexit extension proposal today, as French president Emmanuel Macron was warned not to humiliate Theresa May. Read more: Voters would punish Tories for Brexit delay at MEP elections EU leaders are expected to reject the Prime Minister’s proposal for an extension until 30 June [...]
Passengers warned of disruption as Euston station set to close over Easter and May Bank holiday weekends April 10, 2019 Euston station will be closed for several days over the Easter and May Bank holiday weekends with no trains running in and out of the station, passengers have been warned. The busy London station will be shut from 19 to 22 April and from 4-6 May, which will close routes and lead to longer travel [...]
Warner Bros files copyright complaint against Trump’s Dark Knight Rises re-election tweet April 10, 2019 Warner Brothers is taking legal action against US President Donald Trump after he posted a video on Twitter that used music from The Dark Knight Rises. Read more: Mueller report to be released 'within a week' Trump yesterday posted the two-minute promotional video, seemingly as part of his 2020 re-election campaign, accompanied by the caption “MAKE [...]
Jeremy Corbyn and Alexandria Ocasio-Cortez love Modern Monetary Theory, but it is just the magic money tree again April 10, 2019 As the Brexit process unfolds, the possibility of a Corbyn government has become much more tangible. Last month, John McDonnell, the shadow chancellor, wrote to the Treasury to say that in power he would require them to “widen the range of economic theories and approaches in which its officials and those in the rest of [...]
MPs, stop trying to tout the demise of the secondary ticket market April 10, 2019 The secondary market for buying tickets to gigs, music festivals, and sports events is in a mess. Complaints about punters being ripped-off by ticket touts regularly attract critical publicity. Many promoters have taken to refusing entry to people if they believe that their tickets were obtained without their approval. Some events appear sold out within [...]
Britain’s economy grows faster than predicted in February April 10, 2019 The UK economy grew by 0.3 per cent in the three months to February, a better-than-expected result as the country counts down to Brexit and faces a weak global economy. Read more: No-deal Brexit could tip UK and EU into recession, IMF says In February Britain’s economy grew by 0.2 per cent, figures released today [...]
Indivior share price crashes 70 per cent after allegations of fraudulent drug marketing scheme April 10, 2019 Shares in FTSE 250-listed drug company Indivior crashed 70 per cent this morning after it was hit with a US indictment containing 28 felony counts last night. Its shares were down 70 per cent at 31p this morning. Reckitt Benckiser, its former parent company, saw its shares slide six per cent to 6,014p. Read more: Indivior [...]
Fashion retailer Asos sees profits tumble in first half of 2019 April 10, 2019 British online fashion retailer Asos saw its profits slump in the six months to 28 February in its first interim results since it issued a warning over tough trading conditions in December. Read more: Asos bosses snap up cheap shares after day of horror The figures Asos’s profit before tax collapsed to just £4m for [...]
Mike Ashley’s Sports Direct considers legal action against Debenhams after lenders take control April 10, 2019 Sports Direct is considering legal action against Debenhams after the retailer collapsed into administration, wiping out shareholders. Retail tycoon Mike Ashley branded the pre-pack administration a “national scandal” yesterday after he failed to gain control of the department store chain. Read more: Ashley lashes out as Debenhams enters administration Sports Direct’s deputy chief financial officer [...]