Revolution Beauty defends counter-revolution after Boohoo’s shareholder revolt June 30, 2023 Revolution Beauty defended the unusual actions it took at its AGM this week, after it reinstated three members of its executive team who had been voted out by shareholders. The beauty company said its actions had been “firmly validated” by the stock market response, with its shares rising yesterday. Without taking the action it did, [...]
Airlines getting off scot-free with no fines issued for decades, says Which June 30, 2023 Airlines are getting off scot-free from penalties with no fines having been issued due to regulatory action in two decades, according to the consumer group Which. Which said Britain’s aviation watchdog – the Civil Aviation Authority (CAA) – should be doing more to “name and shame” airlines, withdraw licences and pursue action “in the courts” [...]
A Strange Loop, Barbican, review: New York’s smash hit doesn’t land in London June 29, 2023 A Strange Loop review and star rating: ★★★ A Strange Loop won every Best Musical award in New York, and was nominated for 11 Tony Awards. It was a New York Times Critics’ Pick and won the 2020 Pulitzer Prize for Drama; unusual for a musical, the accolade was previously taken by Hamilton. The musical [...]
Salesforce £3.2bn investment a ‘ringing endorsement’ in UK economy, says Sunak June 29, 2023 Salesforce has announced a major investment of $4bn (£3.2bn) in its UK business over the next five years. The software company will use the cash injection to improve AI innovation and customer growth in the UK as companies become increasingly eager to transform digitally and capitalise on AI within their business operations. Prime Minister, Rishi [...]
Nigel Farage claims he may have to leave UK after bank accounts closed June 29, 2023 Nigel Farage has claimed he may have to leave the UK after his bank accounts were closed. The former UKIP leader and Brexiteer today posted a six-minute long video on Twitter, stating his accounts had been closed and he was unable to secure banking services elsewhere. He wrote: “The establishment is trying to force me [...]
Virgin Galactic completes first successful commercial flight in win for Branson June 29, 2023 Sir Richard Branson’s Virgin Galactic has successfully completed its first commercial flight, taking paying customers to space after nearly two decades of preparation. The British-billionaire’s spacecraft, VSS Unity, took off from Spaceport America in New Mexico at 4.04pm GMT this afternoon, carried under the wing of mothership VSS Eve. After jetting nearly 50,000 ft, the [...]
Amazon launches legal action against ‘fake review brokers’ June 29, 2023 Amazon has filed four lawsuits against online fake review companies in an attempt to hold them to account for illicit behaviour that deceives consumers. The global tech company has challenged Reddit Marketing Pro, Mangocity, Littlesmm and Nice Discount with legal action this week. Amazon claims these ‘fake review brokers’ are trying to “mislead Amazon customers [...]
A ‘wasted’ year for WANdisco but growth is on the horizon, says new boss June 29, 2023 Troubled data firm WANdisco today announced loss-making results for 2022 but the new leadership hopes they can put a turbulent period behind them. WANdisco reported operative losses of $28.2m (£22.4m), a small triumph compared to 2021 profits which came in at negative $37.6m (£29.8m). The Sheffield-based company increased revenues of $9.7m (£7.7m), up by $2.4m [...]
The Lord Mayor’s Appeal to host an introduction to initiative We Can Be at the Bank of China this July June 29, 2023 | Sponsored Every spring The Lord Mayor’s Appeal hosts their annual We Can Be event, opening the doorsfor almost 200 young women to 12 businesses and allowing them to experience life in a Cityoffice first hand. In many cases this is a first for the young people – the first time they step footinto the swanky offices [...]
Serco shares jump as outsourcer raises profit outlook June 29, 2023 Shares in outsourcing giant Serco soared over 11 per cent this morning after the firm raised its profit guidance for the year ahead on the back of rising demand for its immigration services. In a trading update this morning, the company said it expects to see underlying trading profit of around £245m, a 4 per [...]