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Business

  • UK pub employment on the rise despite spate of closures

    November 26, 2018

    The number of people employed by pubs in the UK has increased over the last decade, despite a shrinking number of watering holes, new figures have revealed. Research by the Office for National Statistics (ONS) shows that while the number of pubs has shrunk from roughly 50,000 in 2008 to 39,000 in 2018, the number of employees [...]

  • Barclays fights off cyber attack attempts every day, says digital defence head

    November 26, 2018

    Barclays fights off attacks from cyber criminals every single day, according to the head of the bank’s cyber security operations centre. Former Europol cybercrime centre head of operations Paul Gillen told City A.M. that the number of attempts against the lender each day was “substantial”. However, the attacks vary in degree with the most common [...]

  • Pensioner paradise: London investor plans to open £600m luxury retirement home

    November 26, 2018

    Here comes the world’s most expensive old folks’ home. Leading property investor Johnny Sandelson says he is planning to develop an ultra-luxury retirement complex in one of the priciest enclaves of west London at a cost of £600m, if it is approved by planners later this week. Speaking to City A.M., Sandelson said he was [...]

  • WPP to merge JWT and Wunderman as part of streamlining plan

    November 26, 2018

    Advertising giant WPP is merging its J Walter Thompson (JWT) and Wunderman agencies as the company attempts to streamline its complex business structure. The deal to combine the two subsidiaries will create a new entity called Wunderman Thompson, which will have headquarters in New York and London. The new company will employ roughly 20,000 people in 200 [...]

  • Turkish police search villa as Khashoggi investigation continues

    November 26, 2018

    Turkish police are searching a villa in northwestern Turkey as part of a fresh push for evidence in the case of Jamal Khashoggi, the journalist killed at the Saudi Arabian consulate last month. The state-run Anadolu Agency reported that police used sniffer dogs as they inspected a two-story property in a village called Samanli near [...]

  • Your commute to work can help change the world as the UK strives to meet the UN’s ambitious goals

    November 26, 2018

    Are you cutting back on your use of plastic bags? Do you opt for the bus or train, or walk when going on a journey rather than taking your car? Have you ever spoken out when you’ve seen a glaring example of gender inequality? If so, then you’re already contributing to an ambitious global plan [...]

  • Consumers could face higher prices after Paypal’s $2.2bn iZettle merger, watchdog warns

    November 26, 2018

    Paypal’s $2.2bn (£1.7bn) takeover of mobile payment company iZettle could drive up prices for customers, the UK competition watchdog has said. The merger between the technology giant and the Swedish startup could also result in a lower quality of service, found the Competition and Markets Authority (CMA), which published its decision today. If Paypal hadn't launched a [...]

  • Trump threatens to close Mexico border permanently after migrants storm crossing

    November 26, 2018

    President Donald Trump today said the US will close its border with Mexico permanently if needed as he repeated calls for a wall between the two countries. “Mexico should move the flag waving Migrants, many of whom are stone cold criminals, back to their countries,” Trump said today on Twitter. “Do it by plane, do [...]

  • Russian and Ukrainian markets shaken as feuding escalates after naval clash

    November 26, 2018

    Russian and Ukrainian assets have both tumbled after the Ukrainian Navy said the Russian military had opened fire on several of its ships, wounding six sailors and subsequently seizing the vessels. The Ukrainian hryvnia tumbled as much as 0.61 per cent against the dollar, and government bond yields jumped after a significant price fall. Russia’s [...]

  • Retail magnate Mike Ashley prepares to give evidence about high street struggles to MPs

    November 26, 2018

    Retail tycoon Mike Ashley is to give evidence about the woes facing the high street in front of a parliamentary committee next week after demanding an audience with MPs. Sports Direct confirmed today that the billionaire businessman is to face Westminster’s Housing, Communities and Local Government Committee for an hour-long session next Monday. The announcement [...]

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