Theresa May’s Brexit deal threatens the UK’s national security, warns former spy chief January 10, 2019 Theresa May’s Brexit deal will “threaten the national security of this country in fundamental ways”, the former head of MI6 and ex-Chief of Defence Staff have warned in a letter to grassroots Tories. Sir Richard Dearlove and Lord Guthrie claims the withdrawal agreement will put aspects of UK security “in foreign hands” in a devastating letter [...]
Former Lloyd’s of London CEO Inga Beale joins London First board January 10, 2019 Dame Inga Beale, who became the first female chief executive of Lloyd’s of London in 2013, has joined the board of business campaign group London First. The City veteran will assume her role at London First with immediate effect, having announced her departure from Lloyd’s last year. Read more: Lloyd's of London appoints successor to Beale [...]
Acacia fined for environmental breaches in Tanzania amid ongoing spat January 10, 2019 Acacia Mining has been hit with a 300m Tanzanian shilling fine (£102,000) two days after the country appointed a new mining minister. Authorities demanded payment after the FTSE 250 listed company allegedly broke environmental laws. However, Acacia said it had not received any details to support the allegations. The fairly small fine pales into insignificance [...]
Retail’s Super Thursday: The good, the bad and the ugly January 10, 2019 Today's so-called Super Thursday delivered a very mixed shopping basket of retail results, from some fresh bargains ready to be snapped up to others in danger of being labelled as out of date. Tesco, John Lewis, DFS, Debenhams and more released their results on a day dubbed Super Thursday, but which coincided with a dire [...]
Rathbones Brothers inflows up after Speirs & Jeffrey acquisition January 10, 2019 Funds under management at Rathbone Brothers investment management were up 13.9 per cent per cent last year after being boosted by the acquisition of wealth manager Speirs & Jeffrey. Funds hit £38.5bn at the end of December last year, up from £33.8bn the previous year, including £6.4bn of funds related to the acquisition. However, in the [...]
Milking it: Farmers welcome £127m boost as Japan lifts ban on British beef January 10, 2019 Scottish farmers have welcomed the opportunity to export products to pastures new, after hearing Japan is to scrap its 23 ban on British beef. It is thought the move will leave the industry £127m better off over the next five years. Read more: Japan lifts 23-year ban on British beef after fears of mad cow [...]
Google should be allowed to limit ‘right to be forgotten’, says EU court January 10, 2019 Search engines such as Google should be allowed to limit user requests to delete outdated or irrelevant search results to just those existing within the European Union, a preliminary opinion in the European Court of Justice found today. Established in 2014, the so-called right to be forgotten requires Google and others in Europe to accept and review [...]
Air pollution on the Tube is 30 times worse than on London’s roads January 10, 2019 Travelling on the London Underground exposes you 30 times more air pollution than standing by a busy road, according to a new study. The report by the Committee on the Medical Effects of Air Pollutants (Comeap), published yesterday, claimed that air at Hampstead station, the deepest Tube station in London, had a particulate matter concentration [...]
Telecoms tower rent stalemate could delay 5G rollout, law firm warns January 10, 2019 The rollout of 5G in the UK could be delayed by a stalemate between network operators and landlords over rent reductions, according to law firm EMW. Mobile providers and tower site landlords are locked in bitter disputes over the level of rent to be paid on telecoms tower sites, leaving the market “polarised”, the company [...]
Jaguar Land Rover confirms 4,500 job cuts as it switches focus to electric vehicles January 10, 2019 Jaguar Land Rover today confirmed it will swing the axe at 4,500 staff as it looks to safeguard its future after a slump in demand from China and falling diesel sales. Read more: China sales halve at JLR Hacking back its global workforce will help deliver a leaner organisation, JLR said, as the move follows [...]