More than half of Londoners would vote for Sadiq Khan in 2020 according to a Yougov survey December 11, 2018 More than half of Londoners would vote for Sadiq Khan in the 2020 mayoral election, according to a new survey, despite concerns over crime rates and affordable housing. A total of 55 per cent of respondents to a Yougov survey said they would vote for the incumbent Labour mayor in the first round of the election, [...]
Out with the old: Danske Bank sells £228m pensions business amid talks of money-laundering fines December 11, 2018 Under-fire Danske Bank has sold its Swedish pensions arm to a group of private equity firms, in what some analysts believe is an attempt to raise cash to pay any penalties from its money-laundering scandal. The bank, which is under investigation for payments routed through its Estonian branch, said it would sell Danica Pension to [...]
The seven trends in the digital sport world to look out for in 2019 December 11, 2018 This has been a transformative year for the digital sport landscape, from tech giants Amazon and Facebook making major rights acquisitions to a rise in behind-the-scenes and self-authored content. Here, Charlie Beall of consultancy Seven League assesses the trends that dominated 2018 and look set to shape the next 12 months. 1. Athletes becoming media As [...]
Court rejects former Nissan chairman Ghosn’s appeal against extended detention December 11, 2018 A Tokyo court has rejected a complaint filed by former Nissan chairman Carlos Ghosn relating to his extended detention in Japan. Ghosn, who has been in jail since his arrest on suspicion of misconduct on 19 November, filed the complaint earlier today. But the Tokyo District Court swiftly rejected the appeal, according to local media [...]
Sadiq Khan blasts government for ‘forcing London to pay twice’ for Crossrail delay December 11, 2018 Transport for London (TfL) has admitted its fare income will be £2.1bn lower than expected as it battles a "perfect storm" of pressures on its finances. In its business plan for 2019-20 to 2023-24, TfL said a “subdued” economy and a £700m reduction in central government funding for challenges facing the organisation. It said fare revenue [...]
Chancellor Philip Hammond rules out relaxing regulations to boost finance after Brexit December 11, 2018 London will remain a global financial centre after Brexit, Chancellor Philip Hammond said today as he ruled out relaxing financial regulation. Hammond said Britain will have a safe, transparent and predictable regulation regime, which will be agile enough to cope with changes in business models, Reuters reported. “I reject the idea that laxer regulation makes a [...]
888 targets US expansion as it buys All American Poker Network from joint venture partner Avenue OLG Entertainment for $28m December 11, 2018 Online gambling company 888 has bought out the remaining half of All American Poker Network (AAPN) for $28m (£22.26m), it announced today. 888 acquired 53 per cent of the US gaming site from its joint venture partner Avenue OLG Entertainment and other minority shareholders. The deal will allow London-listed 888 to strengthen its position in the US [...]
Emergency Brexit debate: Corbyn tells MPs he will table no confidence vote ‘at appropriate time’ December 11, 2018 Jeremy Corbyn has told MPs he will table a vote of no confidence “at the appropriate time”, as Prime Minister Theresa May meets European leaders today to discuss amendments to the Brexit transition deal. Speaking this afternoon in an emergency debate on the PM's decision yesterday to postpone the so-called meaningful vote on the deal, the [...]
Stop making millennials the butt of the joke if you want to market to them December 11, 2018 Millennials are one of the most maligned of any of the generational cohorts. When not branded as “snowflakes” or accused of indulging in too much self-care, they are routinely blamed for all manner of problems such as the death of the high street or falling interest in the package holiday. Of course brands – many [...]
Major retailers ‘may be breaking data protection rules’ with e-receipt marketing December 11, 2018 Several major retailers may be breaking laws around data protection by sending unsolicited marketing to customers in e-receipts, according to consumer body Which. An investigation found several major high street retailers sent customers promotional marketing of other products within e-receipts. The unwanted adverts suggest the retailers may be in contravention of data protection laws brought in [...]