UK jumps to seventh in global prosperity index but terror attacks hit safety and security rating November 28, 2018 The UK has climbed three places to seventh in the global prosperity index and had one of the best business environments in the world. Norway retained top spot in the Legatum Institute index, which takes into account a number of factors including the economy, business environment, education, health and national environment. The UK was named [...]
A change is as good as a repeat in the supermarket Christmas ad run November 28, 2018 Retailers are continuing to battle for ad supremacy as we approach Christmas, but which brands in the supermarket sector have been most successful in grabbing viewers’ attention? YouGov brand tracking data indicates that Aldi currently has the highest level of Ad Awareness (whether someone has seen or hear an advert for a brand in the [...]
‘This is Putin’s worst nightmare’: Browder hails German support for new EU sanctions against human rights abusers November 27, 2018 Investor and Kremlin critic Bill Browder said efforts to introduce an EU-wide sanctions regime that could hit countries like Russia and Saudi Arabia now have “real legs” after Germany signalled support for proposed new laws. Germany’s foreign office said today it is “committed” to supporting a Dutch proposal that would introduce an European equivalent to [...]
Patisserie Valerie searching for new auditor November 27, 2018 Patisserie Holdings, the parent firm of embattled cafe company Patisserie Valerie, has begun hunting for a new auditor to replace its under-fire accountant Grant Thornton. The bakery chain is in talks to find a successor to Grant Thornton, according to Sky News, days after the Financial Reporting Council (FRC) said it was probing the beancounter over [...]
Spark Energy customers moved to a new supplier after company reaches deal with Ovo November 27, 2018 Ovo Energy has come to the rescue of 290,000 customers after its former rival Spark collapsed last week. The company will serve the customers through its own license, but keep Spark’s name and staff after acquiring the business, a spokesperson told City A.M. Customers will remain on the same tariffs they had with Spark, Ofgem, [...]
Hilary Ineomo-Marcus spared deportation on medical grounds moments before boarding plane November 27, 2018 Hilary Ineomo-Marcus has been spared deportation on medical grounds after the Home Office attempted to put him on a flight to Nigeria. Ineomo-Marcus, who was jailed for tax related offences in 2013, came to the UK at the age of 10 and despite having two British children has been issued with a deportation order. The [...]
Conde Nast chief executive Bob Sauerberg steps down amid restructuring November 27, 2018 Conde Nast chief executive Bob Sauerberg is stepping down as the publisher merges its US and international operations. Sauerberg, who has been at the media organisation for 18 years, will step down to pursue other opportunities, the company confirmed today. The news was first announced in an internal email from Conde Nast chairman and chief executive Jonathan Newhouse viewed [...]
Virgin Atlantic chief executive calls on MPs to prevent ‘significant damage’ of no-deal Brexit November 27, 2018 Virgin Atlantic has called on MPs to prevent the "significant damage" caused by a no-deal Brexit. The airline's chief executive, Craig Kreeger, today wrote to the Transport Select Committee asking for its help to prevent a no-deal Brexit. He said the prospect of Britain leaving the EU without a deal would “inflict significant damage to the [...]
Black cabs block London Bridge in protest at new ULEV air quality proposals November 27, 2018 A raft of black cabs have blocked London Bridge for the second evening running in protest against proposals to impose air quality restrictions around Tooley Street. London licenced taxis are protesting against the Ultra Low Emissions Vehicle (ULEV) measures, which they claim will restrict trade and harm their business. The City of London Corporation and City Hall [...]
Shipping executives convicted in North Sea oil bribery scheme November 27, 2018 Two former executives of shipping company FH Bertling have been convicted for their part in a corrupt scheme to win a ConocoPhillips freight forwarding contract worth over £16m as part of a North Sea exploration project. The Serious Fraud Office (SFO) said today that Stephen Emler and Giuseppe Morreale had pleaded guilty to their part in [...]