Lloyds Banking Group closes another 15 branches September 12, 2018 Lloyds Banking Group today announced the closure of another 15 branches as the steady whittling down of the British bank network continues. Britain's biggest retail bank said 23 jobs will be at risk, with the closures taking place between January and March 2019. The bank is aiming for none of the job losses to be [...]
Crossrail chairman Terry Morgan says he will not step down in wake of Elizbeth Line delay September 12, 2018 Crossrail chairman Terry Morgan has said he will not step down in the wake of the nine-month delay to the Elizabeth Line. The £15.4bn project was scheduled to open in December this year but has been put back until Autumn 2019 following delays to signalling testing and safety concerns. The delay was roundly criticised by [...]
Crossrail chairman Terry Morgan says he will not step down in wake of Elizbeth Line delay September 12, 2018 Crossrail chairman Terry Morgan has said he will not step down in the wake of the nine-month delay to the Elizabeth Line. The £15.4bn project was scheduled to open in December this year but has been put back until Autumn 2019 following delays to signalling testing and safety concerns. The delay was roundly criticised by [...]
Spirits in the sky: JD Wetherspoon axes Jägermeister and French brandy in post-Brexit plan September 12, 2018 JD Wetherspoon is ditching European spirits such as Jägermeister for non-EU equivalents in a bid to lower prices across its 880 UK pubs. Replacing the ousted continental brands, which also include French brandies Courvoisier VS and Hennessy Fine de Cognac, will be US drink E&J Brandy, Australia’s Black Bottle and Strika, a herbal liqueur produced [...]
Spirits in the sky: JD Wetherspoon axes Jägermeister and French brandy in post-Brexit plan September 12, 2018 JD Wetherspoon is ditching European spirits such as Jägermeister for non-EU equivalents in a bid to lower prices across its 880 UK pubs. Replacing the ousted continental brands, which also include French brandies Courvoisier VS and Hennessy Fine de Cognac, will be US drink E&J Brandy, Australia’s Black Bottle and Strika, a herbal liqueur produced [...]
Perella Weinberg partners take home slice of £16m profit September 12, 2018 Bankers at M&A advisory firm Perella Weinberg took home a slice of £16m profit last year. Operating profit for last year was £16.4m, almost double the £8.4m reported in 2016, and was divided between eight partners working for the investment bank in the City. Read more: Profits bounce back at Galliford Try but bypass woes loom The highest paid [...]
Perella Weinberg partners take home slice of £16m profit September 12, 2018 Bankers at M&A advisory firm Perella Weinberg took home a slice of £16m profit last year. Operating profit for last year was £16.4m, almost double the £8.4m reported in 2016, and was divided between eight partners working for the investment bank in the City. Read more: Profits bounce back at Galliford Try but bypass woes loom The highest paid [...]
JP Morgan boss Jamie Dimon: ‘I could beat Trump… because I’m as tough as he is, I’m smarter than he is’ September 12, 2018 The chief executive of bank JP Morgan today claimed he could beat US President Donald Trump in an election. "I think I could beat Trump… because I'm as tough as he is, I'm smarter than he is," he said. Dimon, 62, who has previously ruled out a presidential run, said today that as a rich [...]
JP Morgan boss Jamie Dimon: ‘I could beat Trump… because I’m as tough as he is, I’m smarter than he is’ September 12, 2018 The chief executive of bank JP Morgan today claimed he could beat US President Donald Trump in an election. "I think I could beat Trump… because I'm as tough as he is, I'm smarter than he is," he said. Dimon, 62, who has previously ruled out a presidential run, said today that as a rich [...]
Sorrell lays out expansion plans for new advertising venture S4 Capital ahead of market comeback September 12, 2018 Ad guru Sir Martin Sorrell today laid out ambitious plans to expand new venture S4 Capital after it starts trading shares later this month, in a move which could step on the toes of his former employer WPP. The founder of the advertising goliath is using a shell company, Derriston Capital, to launch his new business [...]