Users of Gospel Oak to Barking line brace for more misery as roll-out of electric trains delayed indefinitely January 16, 2019 The planned roll-out of electric trains on the troubled Gospel Oak to Barking line has been delayed indefinitely as manufacturer Bombardier struggles to resolve software issues. Commuters using the London Overground line have endured repeated delays to the introduction of new Class 710 electric trains, which manufacturer Bombardier has blamed on software problems. Read more: TfL [...]
Weak residential market expected to hit profits at flooring distributor Headlam January 16, 2019 Shares in floor covering distributor Headlam sank as much as 10 per cent on Wednesday morning after it predicted that a weaker residential market would hit profits in 2019. Europe's largest distributor of floor coverings said that it now expects underlying profit before tax in 2019 to be between £39m and £41m, lower than in [...]
BBC executive Jackie Edwards tapped to head new £57m BFI children’s TV fund January 16, 2019 BBC Children’s boss Jackie Edwards has been selected to head up the British Film Institute’s (BFI) new fund for children’s TV programmes. Edwards, who has been in charge of children’s programming for the BBC since 2015, will join the BFI next month ahead of the fund’s launch in April. Read more: South Korean broadcasters team up [...]
Youtube to ban dangerous prank videos inspired by Netflix’s Bird Box January 16, 2019 Youtube has said it will ban videos that contain dangerous or emotionally distressing "pranks", after a person crashed his car attempting to complete an online challenge inspired by Netflix's Bird Box. In an update posted to its support site, Youtube said it had updated its external guidelines "to make it clear that challenges like the [...]
Watchdog bans Red Bull Tube advert telling workers to go home at 4pm January 16, 2019 A Red Bull advert has been banned by the Advertising Standards Authority (ASA) for wrongly suggesting the energy drink improves focus and concentration. Posters displayed on the London Underground described Red Bull as the “secret to finishing early”, encouraging people to finish their work and go home at 4pm. Read more: Spurs warned for promising Champions [...]
Brexit: How does a no confidence motion work, and what will happen today? January 16, 2019 The government will today face a vote of no confidence after Prime Minister Theresa May's Brexit deal was rejected by parliament last night. But what is a vote of no confidence, and how will it play out? How it works A vote of no confidence was called for by opposition leader Jeremy Corbyn yesterday, after [...]
Car makers and sellers plead with government for clarity after May’s Brexit deal defeat January 16, 2019 Car makers and dealers have called for clarity on how Britain will leave the EU after MPs resoundingly dismissed Theresa May’s Brexit deal in parliament last night. The 230-vote defeat for May’s deal has cranked up the risk of a no deal scenario according to the EU’s chief negotiator Michel Barnier, a situation believed to [...]
Flood, fire, even an earthquake: businesses must protect themselves against the event of a natural disaster January 16, 2019 Technical issues were enough to hit TSB with a brutal three-week outage in April last year. The damage from that event is well documented – an eightfold increase in customers choosing to bank elsewhere, a bill for compensation and repairs costing roughly £176m, and a chief executive who decided to walk. The events suffered by [...]
Booming US market breaks box office records for Cineworld but UK sales slip January 16, 2019 Cineworld shares slumped five per cent in morning trading, as the world’s second largest cinema chain revealed flattened UK sales despite the success of films such as Black Panther breaking box office records. A record 308m people visited the cinemas during 2018, the chain said. Meanwhile, like-for-like revenue jumped 6.2 per cent year-on-year in the 12 months [...]
Bovis shrugs off Brexit concerns as it eyes full-year profits ahead of expectations January 16, 2019 Housebuilder Bovis today said it expects profits to beat market consensus thanks to an increase in new homes and a wider margin. The number of new homes delivered rose three per cent on last year to 3,759, which the company said was in line with expectations. Read more: Persimmon boss picked pub for first big purchase [...]