DEBATE: Are candidates’ drug histories relevant in the Conservative leadership contest? June 11, 2019 Are candidates’ drug histories relevant in the Conservative leadership contest? Edward Davies, director of policy at the Centre for Social Justice, says YES. The Centre for Social Justice was founded on the premise that we are not defined by our worst mistakes, that everyone deserves another chance, and nothing should hold you back from reaching [...]
Virgin launches bid to stay in UK railways with plans for open-access service June 11, 2019 Virgin Trains will attempt to stay in Britain’s railways by applying for an open access service on the West Coast mainline to get around the government’s controversial snub of its franchise bid two months ago. Virgin has applied with Stagecoach, French state-owned rail company SNCF and rolling stock company Alstom to run an hourly service [...]
City Moves for 11 June – who’s switching jobs? June 11, 2019 Who’s switching jobs today? Cazoo Cazoo has announced it has appointed Jonathan Howell as its chief technology officer (CTO). Jonathan joins Cazoo from Made.com where he has spent the last five years as CTO and grew the technology and product management teams from 15 to 100, supporting revenue growth of more than six times as [...]
Conservative leadership rivals turn on Boris Johnson’s tax cut plan June 10, 2019 The gloves came off in the Conservative leadership battle today as Boris Johnson’s rivals took aim at his tax-cutting plans while Michael Gove launched a personal attack on the frontrunner. The former foreign secretary pledged to increase the higher rate income tax threshold to £80,000, benefiting three million people. Environment secretary Gove – who scuppered Johnson’s leadership bid in 2016 by [...]
Crossrail contractors could ask for more money to meet opening deadline, EY warns June 10, 2019 Crossrail’s contractors are likely to demand more money if they are rushed towards the new 2019/2020 opening date, auditor EY has warned. The big four auditor has warned Transport for London (TfL) that such an outcome could increase pressure on the transport body, which is already battling the costs of the Crossrail delay. Read more: [...]
Iran sanctions put dent in Chinese oil imports June 10, 2019 Imports to China, the world’s largest buyer of oil, lowered its imports last month as US sanctions on Iran bit. Chinese imports of crude oil fell eight per cent in May, compared to the month before. Because May is one day longer than April, this represents a daily drop of 11 per cent. It comes [...]
Hotel Review: The Cary Arms & Spa in Torquay is a highlight of the Devon coastline June 10, 2019 Whatever they paid the marketing wizard who rebranded Torbay as the ‘English Riviera’ – where the Cary Arms & Spa resides – it wasn’t nearly enough. The name evokes images of sun-beaten beaches lined with palm trees swaying in the hot afternoon sun. Of ice creams melting down sticky hands, thick paperbacks with broken spines [...]
Insys Therapeutics files for bankruptcy after $225m payment for bribing doctors June 10, 2019 US drugmaker Insys Therapeutics has gone into bankruptcy after reaching a $225m settlement in the US last week. The company said this morning it was filing for so-called Chapter 11 protections. It will use the bankruptcy to sell more than three-quarters of the company’s assets within 90 days to pay off its legal costs. “After [...]
Tory leadership hopefuls on charm offensive as deadline looms June 10, 2019 Tory leadership hopefuls are frantically trying to shore up the support they need from their fellow MPs today as the 5pm deadline looms. Those hoping to replace Theresa May as Prime Minister need to submit their nominations by 5pm today. They need to demonstrate that they have secured the support of eight MPs to take [...]
Don’t bet on Boris Johnson breezing into Number 10 June 10, 2019 It’s been a good weekend for Boris Johnson, who won’t be concerned about the storm whipped up by his pledge to retain the £39bn Brexit bill if the European Union does not offer Britain a better deal on the terms of its exit. Yesterday’s frustration at the former foreign secretary’s comments came from various corners [...]