IT consultant ordered to pay £50,000 after being accused of stealing Soho House members’ personal details
Charlotte Hogg’s resignation letter to the Bank of England in full March 14, 2017 Charlotte Hogg has resigned from the Bank of England after the Treasury select committee said her failure to inform the Bank about her brother's job meant she was not competent to be deputy governor. Here's her resignation letter to Bank governor Mark Carney and chair of the Bank's supervisory Court in full: Dear Mark [...]
Northern, Merseyrail and Southern look for fresh talks with the RMT after Southern rail dispute spreads March 14, 2017 Train operators are looking for ways to see off further strike action after a 24-hour walkout was held on Southern, Northern and Merseyrail yesterday in disputes over the role of the guard. Up to 2,000 members of the Rail, Maritime and Transport (RMT) union went on strike yesterday, with walkouts on Merseyrail and Northern after the [...]
A short history of Pi day: What is it and where did it come from? March 14, 2017 Today is Pi day, 14 March, or 3.14 if you write your dates the American way, which also happens to be the first two digits of the mathematical constant Pi: 3.141592653. This is why people will be walking around circular rooms, eating lots of pies and trying to memorise a few of its digits. Pi [...]
Loganair’s Dundee-London Stansted air link has been secured until 2019 after £3.7m deal March 14, 2017 The future of a "vital" air link between London Stansted and Dundee City Airport has been secured for another two years after the government announced it had plugged £1.8m into it. The public service obligation (PSO) agreed between the UK government, Transport Scotland and Dundee City Council, will guarantee nearly £3.7m to keep the route open [...]
Ocado share price rises as it delivers steady sales growth but eyes sterling currency movements March 14, 2017 Grocery delivery company Ocado reported increased sales but said it remains vulnerable to changing price pressures and currency movements. Shares rose by more than 1.5 per cent at the open before paring some gains. The figures Gross retail sales grew by 13.1 per cent in the quarter to February, matching last quarter’s growth to reach [...]
The Gym Group share price rises as it flexes its muscle and moves into the black March 14, 2017 Pay-as-you-go gym operator The Gym Group has posted its first full-year profit with revenues rising 22 per cent as it shows no signs of slowing expansion. Read more: How budget chain The Gym Group built up its muscle The figures The company, which owns 89 low cost gyms across the UK, reported revenue of £73.5m [...]
TP Icap to move client relationships to EU countries as it plans for Brexit March 14, 2017 TP Icap said today it will move client relationships out of the UK as a result of Britain's decision to leave the EU. The broker revealed the plans as it posted better than expected annual results, with shares in the firm falling two per cent in early trading. The figures Tullett Prebon completed its buyout of Icap's [...]
Toshiba misses another results deadline raising prospect of delisting from Tokyo Stock Exchange March 14, 2017 Toshiba has added to investor woes after the Japanese giant missed another deadline for filing results. Toshiba said in a statement it needed more time as it was investigating “alleged occurrence of inappropriate pressures by certain senior managers” surrounding the purchase of CB&I Stone & Webster, a nuclear construction company, by its Westinghouse Electric subsidiary. [...]
Behavioural insights on financial advice March 14, 2017 | City Talk Saving and investing decisions are often made from opposite sides of the financial services spectrum. Advisers have the difficult job of building trust and bridging the two sides and their diverse demands. Matching the needs of retail savers with investment returns provided by users of capital is not easy as the two opposing sides — [...]
London ranks 40th in the world for quality of living, but Brexit could threaten that in the future March 14, 2017 London ranked 40th in Mercer's latest quality of living survey while nabbing sixth place in a new measure for city infrastructure, but the global consulting firm warned Brexit could impact the capital's future ranking. Mercer surveyed 450 cities around the world based on 38 different factors, including the political and economic environment, public services and healthcare. As the top-ranked UK city in both measures, [...]