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Business

  • European Commission loses patience with Facebook over consumer rules compliance

    September 20, 2018

    The European Commission has told Facebook it must comply with EU consumer rules by the end of the year or face sanctions, as it warned it was losing patience with the tech giant.  Facebook has made limited progress with a framework set out in February, the commission said, and is misleading users with its new terms [...]

  • European Commission loses patience with Facebook over consumer rules compliance

    September 20, 2018

    The European Commission has told Facebook it must comply with EU consumer rules by the end of the year or face sanctions, as it warned it was losing patience with the tech giant.  Facebook has made limited progress with a framework set out in February, the commission said, and is misleading users with its new terms [...]

  • Lloyds Banking Group reportedly plans to set up insurance subsidiary in Luxembourg

    September 20, 2018

    Lloyds Banking Group will reportedly set up a subsidiary in Luxembourg to allow it to serve life insurance customers in the EU after Brexit. The firm has had initial discussions with regulators in Luxembourg on securing a licence for a subsidiary, Reuters reported. The Scottish Widows brand, which Lloyds TSB bought exactly 17 years before [...]

  • Lloyds Banking Group reportedly plans to set up insurance subsidiary in Luxembourg

    September 20, 2018

    Lloyds Banking Group will reportedly set up a subsidiary in Luxembourg to allow it to serve life insurance customers in the EU after Brexit. The firm has had initial discussions with regulators in Luxembourg on securing a licence for a subsidiary, Reuters reported. The Scottish Widows brand, which Lloyds TSB bought exactly 17 years before [...]

  • Vicious cycle: Bike chain in hunt for rescue buyer as retail woes loom

    September 20, 2018

    Cycle Evans is ramping up efforts to find a buyer amid mounting fears that the retailer could be the latest victim of this year’s high street bloodbath. Potential bidders for the embattled bicycle chain have been asked by advisers to put forward any final takeover offers by the end of next week, according to Sky [...]

  • Vicious cycle: Bike chain in hunt for rescue buyer as retail woes loom

    September 20, 2018

    Cycle Evans is ramping up efforts to find a buyer amid mounting fears that the retailer could be the latest victim of this year’s high street bloodbath. Potential bidders for the embattled bicycle chain have been asked by advisers to put forward any final takeover offers by the end of next week, according to Sky [...]

  • Uber Eats strike: Drivers protest over pay, blocking east London roads and leaving customers hungry

    September 20, 2018

    Uber Eats drivers have abandoned their deliveries in the capital in a protest over pay. Couriers have gridlocked the roads around Aldgate East Station as they demand better pay from the food delivery service arm of Uber. Read more: Ranked: The UK's most valuable brands, according to WPP Uber Eats admitted it’s changing how drivers [...]

  • Uber Eats strike: Drivers protest over pay, blocking east London roads and leaving customers hungry

    September 20, 2018

    Uber Eats drivers have abandoned their deliveries in the capital in a protest over pay. Couriers have gridlocked the roads around Aldgate East Station as they demand better pay from the food delivery service arm of Uber. Read more: Ranked: The UK's most valuable brands, according to WPP Uber Eats admitted it’s changing how drivers [...]

  • Sadiq Khan calls for rail re-nationalisation in wake of timetable chaos

    September 20, 2018

    London mayor Sadiq Khan has joined calls for the railways to be re-nationalised following a damning review into industry's timetable chaos in May. Today the rail regulator, the Office of Rail and Road (ORR), published the review that transport secretary Chris Grayling ordered in the summer when the full scale of the damage caused by the timetable overhaul became [...]

  • Sadiq Khan calls for rail re-nationalisation in wake of timetable chaos

    September 20, 2018

    London mayor Sadiq Khan has joined calls for the railways to be re-nationalised following a damning review into industry's timetable chaos in May. Today the rail regulator, the Office of Rail and Road (ORR), published the review that transport secretary Chris Grayling ordered in the summer when the full scale of the damage caused by the timetable overhaul became [...]

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