Galliford Try joins the Winters of discontent October 31, 2019 Standard Chartered, Lloyds Banking Group, Aviva and BT Group: even the Investment Association (IA) must have been surprised by the rich seam of targets it uncovered when it launched a campaign to curb the lavish pension perks enjoyed by the chief executives of listed companies. A quarter of FTSE 100 bosses have seen their pension [...]
Google, Apple and Facebook enabling illegal slave sales, investigation finds October 31, 2019 Tech giants Google, Apple and Facebook are enabling an illegal online slave market in which domestic workers are bought and sold through apps, a BBC News Arabic investigation has found. Google and Apple have approved and provided apps used for the sale of domestic workers on their app stores, while programme-makers found hundreds of domestic [...]
US strikes deal to recover $1bn from fugitive 1MDB financier October 31, 2019 The US Justice Department has struck record a deal to recover $1bn (£773m) of funds allegedly looted from a Malaysian state investment fund by fugitive financier Jho Low. US authorities estimate that around $4.5bn of funds were siphoned from 1Malaysian Development Berhad (1MDB), which was founded in 2009 by then Malaysian prime minister Najib Razak. [...]
Hong Kong falls into recession amid ongoing unrest October 31, 2019 Hong Kong has officially entered a recession for the first time in a decade after the its economy contracted for a second successive quarter, as the territory prepares for Halloween protests. The financial hub’s economy shrank by 3.2 per cent in the three months to the end of September, much more than the 0.6 per [...]
Effigy of speaker John Bercow to go up in flames to celebrate bonfire night October 30, 2019 An 11-metre effigy of outgoing Commons speaker John Bercow holding the heads of Boris Johnson and Jeremy Corbyn will go up in flames on Saturday to celebrate bonfire night. Bercow – alongside the prime minister and Labour leader – was today unveiled as this year’s Guy for the Edenbridge Bonfire Society, which has poked fun [...]
Grenfell survivors welcome inquiry report October 30, 2019 Survivors and bereaved family members of the Grenfell Tower fire have welcomed a report into the disaster, which found there were “systemic failings” by the London Fire Brigade (LFB). Grenfell United – an organisation for “bereaved, survivors and community of Grenfell Tower” – said the report was “strong” and urged the LFB to make changes [...]
It’s on: Christmas election to decide fate of Brexit… maybe October 29, 2019 VOTERS will be given an opportunity to break the impasse in parliament in just over a month, after MPs finally backed the Prime Minister’s efforts to go to the polls. A snap election will take place on 12 December – the first December vote since 1923 – with parties gearing up for a bruising battle [...]
Could London hold the election key? October 29, 2019 Parliament has been bracing itself for an election for weeks – but that doesn’t mean MPs are ready, or happy, about the prospect. Labour MPs have been most vocal about it, with divisions between the Leader of the Opposition’s office (LOTO) and the rest of the party laid bare as MPs reacted with dismay and [...]
Fourth time lucky as MPs back Boris Johnson for December election October 29, 2019 MPs have finally agreed to back Prime Minister Boris Johnson and go to the polls, voting in favour of a snap election this December. Today marked Johnson’s fourth attempt at persuading parliament to agree an election, with previous efforts failing for lack of certainty around the date. MPs voted 438 to 20 in favour of [...]
Plus500 records steady third quarter revenues after a jump in customers October 29, 2019 Shares in online trading services firm Plus500 are up almost 6 per cent in today’s trading, after a larger than expected increase in third quarter customers. The firm’s trading update revealed a 10 per cent annual increase in third quarter revenue to $110.6m (£86.3bn), which was in line with expectations. Read more: Pre-tax profit at [...]