Gordon Dadds boss says traditional law firms need to adapt to survive threat of Americans and the Big Four July 25, 2019 The boss of listed law firm Gordon Dadds today warned that traditional firms could be under threat if they do not respond to the challenge posed by incoming US law firms and the growth of the accountancy firms in the legal sector. “If you are not in a business which is fit for purpose moving [...]
National Express posts record profit of £113m in first half of 2019 July 25, 2019 National Express has posted a 15.3 per cent rise in operating profit for the first half of this year to a record £113.1m thanks to growth in all of its divisions. Read more: National Express revs up sales growth as it hits the road for Silicon Valley The figures Statutory profit before tax grew from [...]
Telefonica buoyed by handset sales as revenue falls flat July 25, 2019 Telefonica has posted flat revenue for the second quarter, as strong growth in handset sales offset the negative impact of exchange rates. Read more: Vodafone signs broadband deal with Telefonica Deutschland amid competition probe The Spanish telecoms giant posted revenue of €12.1bn (£10.8bn) in the three months to the end of June, while net profit [...]
Daily Mail owner on track as Mail Online growth props up revenue July 25, 2019 Daily Mail and General Trust (DMGT) today said it is on track for full-year trading in line with expectations, as strong growth for Mail Online offset a decline in business to business revenue. The publishing group posted a two per cent decline in revenue in the nine months to June after a mixed performance across [...]
Commuters urged to avoid travel as scorching heat threatens chaos July 25, 2019 Commuters have been urged to avoid travel today as the high temperatures cause delays and cancellations across the London network. Southern, Southeastern, Thameslink, LNER and the London Overground have all put speed restrictions in place to reduce the chances of tracks expanding and buckling under the heat. Read more: Retailes and bar chains set to [...]
More than 70,000 retail jobs lost amid high street struggles July 25, 2019 More than 70,000 retail jobs were lost over the last year as high street stores battle slowing sales and changing consumer habits. The total number of employees fell by 2.3 per cent in the second quarter, amounting to around 72,000 jobs being lost year-on year. Read more: Joules defies retail anguish with growth across the [...]
Retailers and bar chains set to cash in on heatwave July 24, 2019 This week’s heat wave could prove a bonus for retailers and pub chains which have struggled this year in comparison with 2018’s glorious summer. Temperatures tomorrow could smash the UK record for the hottest day ever with the Met Office predicting the mercury could rise to a maximum of 39℃. Russ Mould, investment director at [...]
Boris Johnson promises Brexit on 31 October ‘no ifs no buts’ in first speech as Prime Minister July 24, 2019 Boris Johnson threw down the gauntlet to Brussels in his first speech as Prime Minister as he vowed to take the UK out of the EU on 31 October “no ifs, no buts”. Speaking outside Downing Street after meeting with the Queen in Buckingham Palace, Johnson stayed true to his campaign pledges to deliver Brexit [...]
Tory party CEO Mick Davis resigns as lobbyist David Frost becomes Johnson’s EU adviser July 24, 2019 The Tories’ chief executive and treasurer Mick Davis has resigned from his party roles, citing the need for a new team under Boris Johnson. Davis’s decision to quit came as the chief executive of the London Chamber of Commerce, David Frost, resigned from his post to take up the role as EU adviser to the [...]
Sadiq Khan’s minicab congestion charge is not discriminatory, court rules July 24, 2019 Sadiq Khan’s decision to impose a congestion charge on private hire vehicles (PHVs) was lawful and appropriate, the High Court has ruled. The Independent Workers’ Union of Great Britain (IWGB) challenged the London mayor’s decision to lift the congestion charge for PHVs, arguing that the policy disproportionately affects female and black and ethnic minority drivers. [...]