Banning gender stereotypes from ads could cause more harm than good December 16, 2018 The ASA have introduced a new code that will help ban ads that are believed to depict harmful gender stereotypes. The code itself states that advertising must not include gender stereotypes that are likely to cause harm, or widespread offence. The cause makes sense. Advertising is proven to have a powerful influence on people (that’s [...]
Debenhams chairman tells Mike Ashley to make a bid for the chain amid loan row December 16, 2018 The chairman of Debenhams has told Sports Direct owner Mike Ashley to make a bid for the entire department store chain if he is serious about taking control of the company. Sir Ian Cheshire today issued an ultimatum to the tycoon, who holds a 30 per cent stake in the struggling department store, amid a [...]
Restaurants and pubs will be the “future of the high street” in London December 16, 2018 Pubs and restaurants could be the “future of the high street” in London, according to industry experts, as new figures revealed a healthy growth in like-for-like sales throughout the sector last month. Sales grew by 2.3 per cent in London pubs and restaurants in November against the same month last year, statistics published by the [...]
Theresa May attacks Tony Blair for ‘subverting’ Brexit process with call for a second vote December 16, 2018 Theresa May has launched a stinging attack on former Prime Minister Tony Blair, branding his efforts to bring about a second referendum an “insult to the office he once held”. The Prime Minister, who has endured a string of recent setbacks including defeats in parliament, a leadership challenge and a difficult trip to Brussels, accused her [...]
EU agree to create eurozone budget as France compromise on original plans December 15, 2018 The EU has decided to give the eurozone its own budget after calls for a single currency budget led by France this year. It was agreed at a summit on Friday that a ring-fenced eurozone budget would help reduce economic differences between member states and make the currency more competitive on a global scale, although the [...]
Boeing opens first 737 completion plant in China amid US trade war December 15, 2018 Boeing has opened a plant in China for the completion of its 737 for the first time on Saturday. It is an investment aimed at building a sales-lead over rivals Airbus, but Boeing has admitted concern over the US trade war with China. Boeing delivered the first of its 737s completed at Zhoushan, 180 miles southeast [...]
Cuadrilla suspends fracking at Lancashire site for second time in three days after tremors December 15, 2018 Fracking at the Preston New Road site in Lancashire has been paused by fracking company Cuadrilla for at least 18 hours following a 0.9 tremor. The firm said in a statement that there had been a "series of micro-seismic events" in the Blackpool area on Friday. The British Geological Survey recorded the tremors with the largest coming [...]
Foreign secretary Jeremy Hunt believes a version of Theresa May’s deal can get through parliament December 15, 2018 Foreign secretary Jeremy Hunt believes that parliament could still back Theresa May's deal if the European Union provide assurances on it, but warned a no deal was still on the table. May pulled out of a vote on her Brexit deal at the start of the week, fearing a heavy defeat amid concerns over the [...]
LVMH is set to buy hotel group Belmond in a deal worth $3.2bn December 15, 2018 Hotel group Belmond is set to be acquired by LVMH for $3.2bn (£2.54bn) as the world's largest luxury group bolster their hotel portfolio. LVMH already owns Cheval Blanc hotels in Courchevel, the Maldives, Saint-Barthélemy and Paris as well as owning Bulgari Hotel and Resorts and will now add Belmond's hotels across 24 different countries to its ranks. [...]
Johnson & Johnson shares plunge in wake of asbestos report December 15, 2018 Johnson & Johnson saw its share price plummeted by more than 10 per cent on Friday following a report from Reuters that claimed the US pharmaceutical company had known about asbestos tainting in its talcum powder products for decades. The report comes as the company are facing thousands of lawsuits, which claim that their products have caused cancer. The [...]