Labour’s private jet ban plan makes ‘little sense,’ says industry November 4, 2019 The private aviation industry has criticised a Labour-backed proposal to impose a fully-fledged ban on private jets in the UK as soon as 2025 as making “little sense”. In a move which would remove London as Europe’s most active player in the industry should it come to fruition, shadow transport secretary Andy McDonald yesterday backed [...]
Wework rival IWG sells Swiss business for £94m November 4, 2019 Wework rival IWG has made its latest international divestment with the sale of its Swiss business in a deal worth £94m. IWG has sold its 38 flexible co-working locations in Switzerland to a joint entity owned by private banking group J. Safra Group and real estate investor P. Peress Group. Read more: IWG in talks [...]
Mothercare to appoint administrators for 79 UK stores November 4, 2019 Mothercare has confirmed it is preparing to appoint administrators to its UK retail arm later today in the latest blow to the British high street. The company announced this morning that a notice of intent to appoint administrators to Mothercare UK and Mothercare Business Services has been filed with the court. Read more: Mothercare warns [...]
McDonald’s boss fired for relationship with employee November 4, 2019 The chief executive of McDonald’s has been fired for violating a company policy by dating an employee. British-born boss Steve Easterbrook has left the fast food chain after demonstrating “poor judgement”, McDonald’s said on Sunday. Read more: McDonald’s misses estimates in latest quarterly earnings In an email to staff, Easterbrook acknowledged he had struck up [...]
Revealed: The towns that pay the most income tax are nearly all in the South East November 4, 2019 Commuter towns in an area just outside of London known as the Stockbroker Belt are paying the highest levels of income tax in the country, according to research. Nine out of the top 10 towns for average income tax are located in the region, a report by accountant UHY Hacker Young has found. Read more: [...]
‘Financially illiterate’: Tim Martin has a scathing assessment of Glass Lewis advisory service November 3, 2019 Tim Martin, the boss of JD Wetherspoon pubs, has launched a broadside against shareholder adviser Glass Lewis, after it said investors should vote against the company’s pay policy. Glass Lewis, which is the second-biggest shareholder advisory service in the world, raised concerns about a “significant” increase in pay for the pub group’s finance chief for [...]
Former business minister Margot James will not run in the election November 3, 2019 Former business minister and Tory rebel Margot James will not stand at next month’s general election due to insufficient support from her local Conservative party. James was one of 21 Tory MPs to have the party whip removed in September for voting with opposition parties to stop a no-deal Brexit. Read more: Ten ex-Tory rebels [...]
Nigel Farage will not stand for a seat at the general election November 3, 2019 Nigel Farage has said he won’t stand in the general election so he can concentrate on helping other Brexit Party candidates win their seats. Farage, who announced on Friday the party would run in hundreds of seats unless Boris Johnson agrees to an alliance, said he wanted to focus his time on making appearances across [...]
Google Pixel 4 XL review: With Jedi-style motion-controls and astrophotography, the new Android superstar is out of this world November 1, 2019 The fourth generation Pixel phone is the prettiest object Google has ever created. Whereas Apple has gone rogue with the boggle-eyed triple lens design of its latest iPhone, the Android flagbearer more closely resembles hardware that, before now, could have come from those same designers in Cupertino. The camera bump on the rear is a [...]
World Vegan day: Is the rise of the flexitarian leading to a vegan revolution? November 1, 2019 While today may be World Vegan Day, there are still precious few people in the UK who choose to live off all-plant diets. Figures from Yougov this year show that just one per cent of Britons identify as vegan and 73 per cent identify as meat eaters. Read more: Revenue rises at Finsbury food as [...]