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Business

  • Flights into London City Airport hit by cancellations and delays

    December 15, 2016

    Flights in and out of London City Airport have been hit by cancellations and delays this morning, with the airport blaming adverse weather conditions for the disruption. Due to adverse weather there may be some delays & cancellations this morning, passengers are advised to check with airline for flight status — London City Airport (@LondonCityAir) [...]

  • EasyJet wants to ensure 20 per cent of new cadet pilots are female after doubling its numbers in a year

    December 15, 2016

    Just three per cent of commercial airline pilots worldwide are female and only 450 have attained the rank of captain. So easyJet has pledged to up its intake of female entrant pilots even further, after reaching a two-year target after just 12 months.  It has set "a more stretching target" of ensuring that 20 per cent of [...]

  • JD Sports working conditions: King of Trainers says alleged working practices aren’t in its training manual

    December 15, 2016

    JD Sports has hit back at television reports of draconian working conditions at one of its distribution centres, denying the allegations and saying they are not an "accurate reflection" of working practices. An undercover report by Channel 4 news into the sports retailers Kingsway warehouse in Rochdale revealed staff saying working conditions were "worse than prison".  Staff [...]

  • Online takeaway company Just Eat buys rivals Hungryhouse and SkipTheDishes

    December 15, 2016

    Online takeaway company Just Eat has snapped up two of its rivals, Hungryhouse and SkipTheDishes, a Canadian firm. Shares in the group went up two per cent at the open. Just Eat paid £200m for Hungryhouse, which it bought from Delivery Hero. The group said a further cash amount of up to £40m "may also be payable, subject [...]

  • Yahoo hit by largest cyber attack of all time in second mega-hack

    December 15, 2016

    More than one billion Yahoo user accounts have been hacked after the search engine revealed it had been the victim of the largest cyber attack in history. The breach is the second mammoth attack on Yahoo uncovered this year and has affected more than double the number of accounts compared with a breach revealed in September [...]

  • Financial services sector is a “golden goose” for tax revenue as top UK firms contribute £82.3bn

    December 15, 2016

    The tax contribution of the largest UK companies to the economy is now £82.3bn, according to a study published today. A survey of the total tax contribution of the 100 Group shows that the amount either paid or generated by the biggest UK firms has gone up by 2.2 per cent from last year’s total [...]

  • Britain’s services trade can flourish outside the EU Single Market

    December 15, 2016

    Negotiating sensible agreements on services trade with the EU, WTO and third countries may not be as difficult as many are suggesting. There are a number of options negotiators can pursue which would go beyond the existing arrangements and further liberalise services trade to Britain’s economic advantage. First, the issue of “passporting” will need to be [...]

  • Britain can Brexit in two years if politicians adopt the right can-do attitude

    December 15, 2016

    The chancellor, along with a number of his cabinet colleagues, appears to be swinging round to the view that more than two years is going to be required for Brexit. This may be unnecessarily dangerous territory both for us and the EU 27. And it’s an unnecessarily long timetable too. When we joined the Common Market [...]

  • Five reasons the Anglosphere is more than just a romantic vision – but has real geopolitical teeth

    December 15, 2016

    The Anglosphere, a concept that can trace its lineage back to Winston Churchill’s A History of the English Speaking Peoples, has received renewed interest in the wake of the Brexit referendum. The idea of the Anglosphere has been advanced in recent times by a number of historians, such as Andrew Roberts (A History of the [...]

  • As Trump packs his cabinet with leading executives, are business people any good at politics?

    December 15, 2016

    Sam Bowman, executive director of the Adam Smith Institute, says Yes. Well, it’d be hard to do worse than the politicians. And Trump’s appointments make some sense. Exxon’s Rex Tillerson, in particular, is experienced at negotiating with the leaders of tinpot kleptocracies – a useful skill in a secretary of state. Mitt Romney’s business success [...]

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