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Business

  • Gatwick just had a record November bolstered by soaring long-haul growth

    December 14, 2016

    Gatwick's chief executive has said he intends to keep pushing for his airport to expand alongside Heathrow's third runway since his rival was given the green light by government. And Stewart Wingate will be able to point to another record month to bolster his argument, after revealing the airport just had its busiest ever November. For [...]

  • Pulling a sickie: Bosses say more and more of us are taking a day off

    December 14, 2016

    Pulling a sickie. Skiving-off work. An (unapproved) duvet day. There are a growing number of names for work absenteeism and Britain's businesses fear it is a growing problem. Over two-thirds (68 per cent) of Britain's businesses think more and more employees are taking an unearned day off, a practice that is costing UK businesses an average of £120,000 [...]

  • Piccadilly line Night Tube launch to go ahead on Friday despite ongoing disruption as mayor says “lessons must be learned”

    December 14, 2016

    Despite the mayor acknowledging that "Piccadilly line service has not been good enough" with ongoing disruption caused "for thousands of people," the launch of the Night Tube will go ahead as planned. It starts on the line – the fifth to get the all-night treatment – on Friday 16 December and will run all night [...]

  • Prime Minister brands Southern rail strikes “appalling” and says Corbyn could tell Aslef to call them off

    December 14, 2016

    The Prime Minister has branded the Southern rail train strike "appalling", while suggesting Jeremy Corbyn could have a role to play in resolving the dispute. Southern passengers are facing a second day of strike chaos as talks are underway between the rail firm and drivers' union Aslef at the conciliation service Acas, to try and [...]

  • The $1bn sector: Audioboom is convinced splashing the cash in the US will be worth it

    December 14, 2016

    Audioboom’s revenues jumped but losses were more than expected during the 12 months its boss said "would be the year that we proved our business model". The podcast firm revealed bumper fourth quarter revenues today, but negative earnings swelled as a result of increased costs from a strategic push to move operations to the US. [...]

  • It’s not easy being green: Mark Carney welcomes new recommendations for environmental disclosures from firms

    December 14, 2016

    Mark Carney has today welcomed new guidelines for companies to disclose what impact their business is having on climate change in a bid to help investors make more environmentally informed decisions. Carney, who was speaking as the chairman of the Financial Stability Board (FSB), hailed the recommendations from the FSB Task Force on Climate-related Financial Disclosures, which [...]

  • Meantime Bespoke will create your perfect pint based on your DNA

    December 14, 2016

    A London brewer has made a personalised beer based on his own DNA, and now the brewery is opening the bespoke service to the public. Eager brewers-to-be will now have the option of blending a custom-made brew designed to appeal to their taste buds for a mere £25,000 at Meantime Bespoke, a new venture by Meantime Brewing Company, one of [...]

  • London Uber drivers target Salesforce in fresh protests directed at business

    December 14, 2016

    Uber drivers have targeted Salesforce in their fight for workers rights, holding a flash demo outside the tech company's London offices in the heart of the Square Mile. The United Private Hire Drivers (UPHD) union which last month disrupted Westminster with protests, staged the demo at Heron Tower over the firm's use of the corporate Uber for Business service, [...]

  • RMT says its boss has been banned from today’s Southern rail mediation talks (Southern says he wasn’t invited)

    December 14, 2016

    You know those conciliation talks arranged for today to broker an end to some of the misery suffered by Southern rail passengers? Well, there's already a slight issue, at least according to the Rail, Maritime, Transport (RMT) union. The RMT boss has been barred from taking part in mediation talks that are going on in an effort to [...]

  • EXCLUSIVE: Punch Taverns at centre of takeover battle as entrepreneur bids 185p per share

    December 14, 2016

    Punch Taverns is set to become the focus of a bid battle between Heineken and Alan McIntosh, a wealthy entrepreneur who was one of the company's founders. McIntosh has bid 185p a share for the pub company, City A.M. revealed today.  Heineken has made an approach of 174p a share for the company.  Punch Taverns issued a statement saying:  The [...]

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