Cameron’s new job: Former British PM appointed president of Alzheimer’s Research UK January 25, 2017 What former British Prime Minister David Cameron is doing now is a topic of national interest. Las year, he reportedly earned £120,000 for a speech in New York and also signed a deal with Harper Collins to write his memoirs. An today it has been announced the former Tory leader has been appointed the president of Alzheimer’s Research [...]
The UK’s young entrepreneurs have set their sights on big growth for 2017 despite Brexit uncertainty January 25, 2017 Young entrepreneurs expect ambitious growth for their companies this year, despite feeling uncertain about the impact of Brexit. According to Albion Ventures' fourth annual growth report, exploring the factors affecting growth among 1,000 small and medium-sized businesses, two-thirds of entrepreneurs aged under 35 predicted their business will grow over the year. And 18 per cent are feeling [...]
Antofagasta misses its copper production target for 2016 January 25, 2017 Antofagasta today confirmed copper production missed the lower end of its target in a fourth-quarter production report. The FTSE 100-listed miner said copper production in the fourth quarter was up 13.8 per cent to 205,500 tonnes, while copper production for the full-year increased 12.5 per cent to 709,400 tonnes compared with 2015, which was below the company's targets. Gold production hit [...]
Just a giant bust of Jeremy Clarkson being driven through London on a lorry… January 25, 2017 We knew Jeremy Clarkson had a big head, but now we have proof: enormous busts of Clarkson and his Grand Tour pals were spotted being transported around London on lorries today. Londoners tweeted pictures of huge stone heads of Clarkson, James May and Richard Hammond being ferried past sights including Trafalgar Square and Westminster Palace [...]
Metro Bank boss: Branchless banking reduces customer choice January 25, 2017 Like Deliveroo and Uber, banks should mix the physical and digital according to Metro Bank chief executive Craig Donaldson. The challenger bank boss said not giving customers the opportunity for face to face interaction is taking away choice. Metro Bank has 48 branches at present, but Donaldson said its target is 250 or maybe 300 [...]
Tesco hit with new damages claim over accounting scandal January 25, 2017 Tesco is fighting off a new damages claim from an investor over its 2014 accounting scandal. According to the Financial Times, U.S. fund manager Manning & Napier has claimed it lost $212m (£164m) due to the scandal, in which Tesco overstated its profit by £326m. The scandal led to a crash in Tesco's share price and [...]
Government loses Supreme Court Article 50 case January 25, 2017 The Supreme Court has dismissed the government's appeal in its long-awaited judgment in the Article 50 case later this morning. The court voted by a majority of eight to three to dismiss the case, meaning MPs must be given a vote before the Brexit process can begin. However, it also said it had unanimously decided [...]
Fresnillo hit record production of gold and silver in 2016 January 25, 2017 Precious metals miner Fresnillo reported record-breaking annual gold and silver production in its fourth quarter report, but its shares have slipped as prices remain low. In 2016, the miner produced 935,300 ounces of gold, up 22.8 per cent, and 50.3m ounces of silver, up 7.1 per cent from the previous year. After breaking records in the third quarter of 2016, fourth [...]
GSK chief says top bosses should not get knighthoods January 25, 2017 The boss of pharmaceutical giant GSK – who has himself been knighted – has said that businesspeople should not be rewarded with knighthoods. Sir Philip Hampton told MPs that because top bosses were rewarded with their pay, they should not be in line for honours as well. His comments come after MPs made a symbolic vote to [...]
Transport chaos continues after Lewisham train derailment – with services expected to be disrupted all day January 25, 2017 Travel chaos from yesterday's train derailment at Lewisham has spilled over into today, with no service to a number of stations on the Southeastern Railway network. A freight train derailed at Lewisham station yesterday, which caused all services through the area to be suspended. Southeastern said this morning that train services running through Lewisham may be [...]