Former Stobart boss Tinkler denies £5m expenses were claimed improperly November 12, 2018 Former Stobart Group chief executive Andrew Tinkler today denied accusations he improperly claimed £5m in expenses when he was head of the infrastructure firm. In the first day of a High Court trial centring on whether Tinkler was unfairly dismissed, lawyers for Tinkler said the claim that he breached his duties in claiming £5m of [...]
Theresa May says Brexit deal is near as talks enter endgame November 12, 2018 Theresa May has declared that the Brexit talks are entering the endgame, though she warned that the UK would not accept an agreement “at any cost.” Speaking to a senior City audience at the Lord Mayor’s banquet, the Prime Minister described the negotiations as “immensely difficult” but insisted she would not shy away from tough [...]
Not all foreign criminals should be deported – the case of Kweku Adoboli reveals a system that is too draconian November 12, 2018 Foreign criminals should be deported when they have served their sentences – this is effectively the government’s position, and one that remains popular with voters. On the face of it, the policy seems entirely reasonable; why should the UK show clemency to people who arrive on these shores and commit crimes against our citizens? And [...]
Coty’s chief executive resigns days after supply chain issues saw shares dive 22 per cent November 12, 2018 Coty chief executive Camillo Pane has stepped down with immediate effect due to family reasons, the company said today. The cosmetics company named Pierre Laubies, previously chief executive of coffee giant Jacobs Douwe Egberts (JDE), as Pane’s successor. Chairman Bart Becht said: “We are very grateful for Camillo’s many contributions to Coty during his time [...]
Don’t like new build homes in glass towers? We round up the best conversion homes in characterful period buildings November 12, 2018 You want to buy a new house, but you don’t want to live in a soulless shell. There’s good news: the historic conversion market is continuing to boom, with London’s ancient buildings being scaffolded as we speak. Hampstead Manor, at the heart of which is white-stucco mansion Kidderpore Hall, is one such development. It’s being [...]
French Spiderman stunts have a ‘phenomenal’ impact on business, says City of London Police chief November 12, 2018 Daredevils such as the "French Spiderman" who scaled the 754ft high Heron tower are creating "phenomenal" disruption to businesses, the City of London Police commissioner has said. Ian Dyson said such adrenaline-fuelled acts force the police to close off roads, depriving local businesses of revenue. Last month Alain Robert, who has also climbed the Empire State [...]
Opinion: How can technology make moving house easier? We count the ways November 12, 2018 Moving home is considered to be one of the most stressful life experiences and as a result people rarely bother. The average person only moves once every 17.8 years according to the latest English Housing Survey. But does it need to be this way? Over the next decade, technology will transform the way we buy, [...]
Playtech stabilises Asia gaming sales after dramatic summer slowdown November 12, 2018 Online gambling software supplier Playtech stuck to its most recent full-year forecast today, as sales in Asia stabilised. The FTSE 250 group said earnings before interest, tax, depreciation and amortisation (Ebitda) should hit between €320m (£279.2m) and €360m for 2018. The firm progressed in line with expectations in its B2B gaming division, the update for the second half of 2018 said, [...]
Saudi Aramco boss says listing will take place within three years November 12, 2018 The boss of Saudi Arabia’s national oil company Saudi Aramco said today that its long-awaited float was still in the pipeline. Chief executive Amin Nasser said the initial public offering (IPO) would “certainly” happen when conditions are right. Speaking in Abu Dhabi, Nasser said crown prince Mohammed Bin Salman and energy minister Khalid al-Falih were [...]
Thai chain Giggling Squid has a lot to laugh about as earnings grow November 12, 2018 Thai restaurant chain Giggling Squid has reported increased earnings as it continues to expand across the south of England, bucking the UK restaurant industry’s downward trend. The company reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of £3.28m for the year to the end of March, up 54 per cent from last year, while [...]