Union suspends Heathrow Airport July strikes but warns August action ‘still on the table’ July 24, 2019 Strikes that threatened to shut down Heathrow Airport this Friday and Saturday have been put on hold while Unite the union considers a new pay offer. More than 4,000 workers, including security guards, engineers and those in passenger services, were due to strike over pay, over Friday and Saturday and on the 5, 6, 23 [...]
How one man defied Stalin and risked death by firing squad to conceal outlawed art from the Soviets July 24, 2019 If you had to hide a work of art, where would you put it? And what if there were 80,000 of them, you needed to keep them safe for an indeterminate but undoubtedly lengthy period, and the penalty for discovery was imprisonment in a Soviet gulag, or even death? The man who accomplished this feat, [...]
Vote Leave’s Brexit architect Dominic Cummings set for top role under Boris Johnson July 24, 2019 One of the key architects of Brexit, Dominic Cummings, is poised to take on the role as senior adviser to the incoming Prime Minister Boris Johnson. The former Vote Leave director has also served as an adviser to former education secretary Michael Gove, who is also tipped for a top job in Johnson’s Cabinet. The [...]
Boris Johnson prepares to reward Brexiters with cabinet roles July 24, 2019 Boris Johnson will officially become Prime Minister today after a meeting with the Queen at Buckingham Palace. The Queen will ask Johnson to form a government once Theresa May hands in her resignation. Read more: Boris Johnson wins the race to be the UK’s next Prime Minister by a landslide Johnson is then expected to [...]
Mercedes-Benz owner Daimler swings to loss as car demand slumps July 24, 2019 Mercedes-Benz owner Daimler swung to a €1.2bn loss in the second quarter after the manufacturer was forced to make payments for diesel-related legal issues and to cover the costs of replacing Takata airbags, as it battled a global slump in car demand. The figures The German manufacturer reported a net loss of €1.2bn between April [...]
Prime Minister Boris Johnson moves to mend relationship with UK business July 24, 2019 Boris Johnson has moved to rebuild his relationship with the business community by hiring Sky executive Andrew Griffiths as part of his Number 10 team. A source close to Griffiths said Johnson’s appointment of the Sky veteran – who most recently served as the broadcasting giant’s chief operating officer – was “a clear sign of [...]
What is PM Boris Johnson worth? More than £300,000 in City donations July 23, 2019 Newly-elected Tory party leader Boris Johnson collected over £300,000 in donations from City and business figures in the build-up to his campaign to be the next Prime Minister. Johnson, who received over 90,000 votes in the Tory leadership election, will be appointed Prime Minister tomorrow after Theresa May hands in her resignation. Read more: Boris [...]
Stobart suffers bloody nose as investors revolt against pay July 23, 2019 A campaign by former Stobart boss Andrew Tinkler to oust chief executive Warwick Brady floundered today but a chunk of investors gave the firm a bloody nose in a spat over pay. Tinkler, who has been engaged in a number of court battles with Stobart over his failed attempt to oust former chairman Iain Ferguson [...]
City law firm Simmons & Simmons buys legal engineering startup to turbocharge Libor replacement July 23, 2019 City law firm Simmons & Simmons today said it had acquired legal engineering firm Wavelength to help its clients on large projects such as the replacement of Libor. Wavelength describes itself as the first regulated legal engineering business in the world. Its chief executive Peter Lee said Wavelength applies data science, technology and design to [...]
Passport-maker De La Rue under investigation by fraud squad over suspected corruption July 23, 2019 Passport and banknote-maker De La Rue said today it is under investigation by the Serious Fraud Office (SFO) over suspected corruption. De La Rue told the stock market this afternoon that the SFO had opened an investigation into the company and its associated persons in relation to suspected corruption in South Sudan. De La Rue’s [...]