Hundreds of flights cancelled by airlines including EasyJet and Ryanair due to Italian air traffic control strike March 20, 2017 An Italian air traffic control strike today has caused the cancellation of hundreds of flights, as airlines warned of travel disruption throughout the day. Passengers flying to and from Italy will have their travel disrupted due to the industrial action, which is expected to last for four hours this afternoon. Airlines for Europe (A4E) said it [...]
Theresa May confirms she will trigger Article 50 on Wednesday 29 March, kicking off Brexit process March 20, 2017 The kick-off date for the Brexit process has been confirmed as Wednesday 29 March. The UK's ambassador to the EU, Sir Tim Barrow, contacted EU council president Donald Tusk today to provide advance notice of the launch of Brexit talks. May will contact Tusk directly to launch negotiations. A spokesperson for May said: "We have always been [...]
Mkango and Metalysis team up to develop 3D printed earth magnets to power up electric vehicles in the UK March 20, 2017 Two firms have teamed up to develop 3D printed rare earth magnets, components for electric vehicles, in the UK. Aim-listed Mkango Resources and South Yorkshire-based Metalysis have entered into a memorandum of understanding to jointly research, develop and commercialise rare earth metal alloys for use in 3D printed permanent magnets. Read more: Business Committee launches inquiry [...]
House of Fraser owner Sanpower pulls investment in digital challenger bank Tandem March 20, 2017 Sanpower, the Chinese conglomerate which owns House of Fraser, has been forced to pull back on a multimillion pound investment in digital challenger bank Tandem, City A.M. can reveal. A £29m tranche of cash due to bolster the startup's capital requirements for launching as a full bank has been halted over concerns that Chinese authorities are [...]
Meet Revolt: The agency with the humble ambition of changing the world March 20, 2017 To say we are living through interesting times is, perhaps, an understatement as obvious as it is true. For many the world is increasingly polarised and difficult to comprehend: known-knowns have become unknowns; unpredictability has become predictable. Among the social media hubris, in which public accountability is unavoidable and reputational damage but 140 characters away, [...]
The GDPR Doomsday Clock strikes a minute closer to midnight March 20, 2017 The lugubrious ticking of my internal GDPR Doomsday Clock struck a minute closer to midnight last week. Tick, it chimed: “only 5 per cent of marketers fully understand what the GDPR means for their business.” Tock, it said: “50 per cent say they don’t really understand it at all, or [literally] don’t know.” The Chartered [...]
Deutsche Bank announces it has slashed bonus pool by 77 per cent after reporting losses of €1.4bn for 2016 March 20, 2017 Deutsche Bank announced this morning it has sliced 77 per cent from its bonus pool. The Frankfurt-headquartered bank released its annual report for 2016, which revealed the firm had cut its variable pay pot to €500m (£433.1m) for the year, down from €2.4bn. The bank, which had already announced it made a €1.4bn net loss for 2016, also [...]
Marks and Spencer pulls advertising from Google over extremist content March 20, 2017 Marks and Spencer has become the latest firm to pull its advertising from Google after reports that it has been allowing adverts for UK companies to appear on extremist websites. A recent investigation by the Times showed that UK advertisements, from the likes of Sainsbury's, RBS and the UK government, have been posted on YouTube [...]
New roads increase traffic rather than ease it, says the Campaign to Protect Rural England (CPRE) March 20, 2017 Building new roads causes more traffic, according to a study of over 80 road schemes by the Campaign to Protect Rural England. It found that congestion initially falls, but often this doesn't last long as new roads result in people swapping from public transport and making more journeys. Read more: This is how much Londoners will [...]
Snooping around a job applicant’s Facebook? Here’s where you stand legally March 20, 2017 We've all been told at least once in our lives not to “judge a book by its cover”. The reality is that, more often than not, we do precisely the opposite. In today’s technological age, where a Sunday evening isn’t complete without uploading photos from the weekend to Facebook, it’s increasingly rare to come across [...]