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City A.M. Content

  • 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 [...]

  • Essex lorry deaths: Man faces Dublin court in connection with 39 deaths

    November 1, 2019

    A 23-year-old man has appeared at a Dublin court in connection with 39 people who died in a lorry in Essex. Eamon Harrison appeared in court today after being detained via a European Arrest Warrant in connection with the last week’s incident. Read more: Police urge brothers to hand themselves in after Essex lorry deaths [...]

  • Lookers shares slump as it warns profit will halve

    November 1, 2019

    Troubled car company Lookers gave the City a double-whammy of surprises this morning after revealing two senior departures and worse-than-expected profit forecasts. Profits are expected to more than halve this year to roughly £20m, falling significantly below City estimates. Read more: Treasury committee urges reform of ‘broken’ business rates system The London-listed motor retail group, [...]

  • BBC leak reveals names of 120 women in equal pay dispute

    November 1, 2019

    The BBC has been accused of a potentially major data breach after the names of 120 female employees who had pursued equal pay complaints against the broadcaster were inadvertently revealed during presenter Samira Ahmed’s employment tribunal case. The document names BBC women who had put their names to a letter issued by the National Union [...]

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