Legendary Morrisons chairman Sir Ken Morrison has died February 1, 2017 Sir Ken Morrison, who made his father's Morrisons grocery chain into a supermarket giant, has died, the Press Association reported this morning. He passed away aged 85 after a short illness, his family said. Morrison took over his father's Bradford egg and butter stall, turning it into one of the UK's big four supermarkets within [...]
Downing Street will publish its Brexit white paper tomorrow February 1, 2017 Prime Minister Theresa May has confirmed that Downing Street will publish a white paper on Brexit planning tomorrow. Speaking from the despatch box at Prime Minister's Questions, May confirmed the arrival of the paper in response to a question from Tory backbencher Maria Miller. It means that MPs will be able to scrutinise the government's Brexit plan [...]
How will the rail fare shake-up affect you? February 1, 2017 By now you’ve probably heard the Rail Delivery Group, which represents train operators, is switching up the fare system for passengers in a trial. RDG has acknowledged the current setup is “baffling” for passengers and has said it wants to make sure people are offered the cheapest possible fares. So you’re probably wondering how it’ll [...]
BT Openreach separation plans to “rebuild trust and credibility” aren’t enough for Ofcom February 1, 2017 BT plans to make Openreach more independent by bolstering its board were today rebuffed by regulators as falling short of their requirements. Openreach held its first board full meeting yesterday and today announced the appointment of Sir Brendan Barber, the former general secretary of the Trade Union Congress, Edward Astle, a former board member of the National Grid, as independent [...]
Wizz Air slashes profit forecast as low prices and bad weather take their toll February 1, 2017 Wizz Air has cut its profit forecast for the full year due to falling prices and the impact of particularly bad weather. The figures The largest budget airline in Central and Eastern Europe carried 20.1 per cent more passengers than last year – pushing the total for the three months to the end of December up [...]
UK’s producers are quick off the blocks as Eurozone sees five-year high in manufacturing activity February 1, 2017 UK manufacturers have shrugged off big input price increases to start 2017 in fine form, while activity in the Eurozone has reached its highest point since a debt crisis almost brought the continent’s economy to its knees, according to closely watched indicators. Growth in the sector’s output reached its highest point since May 2014 as [...]
Interest in commercial property from abroad has nosedived since the Brexit vote February 1, 2017 The number of foreign companies looking for commercial property in the UK has fallen 40 per cent since the EU referendum, new research has suggested. Commercial real estate portal Property.Works said while foreign firms accounted for 11.3 per cent of all its searches in the first five months of 2016, that dropped to 6.7 per cent [...]
Severe weather warning for wind in London as forecasters warn of Arctic blast ahead February 1, 2017 Hold onto your hats in the next couple of days: London is about to become blustery, after a severe weather warning was issued for parts of England and Wales, including the capital. The Met Office said a number of "potentially vigorous low pressure systems" were on the way over the next few days, which could [...]
It’s official: Roaming charges across Europe are over February 1, 2017 Roaming charges for using your mobile phone across Europe will officially end this summer after officials in Brussels agreed the "last piece of the puzzle" in its plans to ditch the expense of staying in touch while abroad. Making calls, sending texts and using the Internet will now cost the same in any country of [...]
There’s going to be another protest against Donald Trump in London this weekend February 1, 2017 As corporate resistance to US President Donald Trump's travel ban grows, Londoners are preparing to protest against it for the second time in a week. Trump has banned visitors from seven Middle Eastern countries, and tens of thousands of protestors are expected to protest outside the US embassy in London on Saturday, calling for Theresa [...]