IAG kickstarts search for best budding aviation start-ups June 6, 2019 British Airways owner IAG has launched its latest global accelerator programme for budding aviation startups. The Hangar 51 programme, launched in collaboration with IAG brands Iberia and Vueling, will be based in Spain this year. It will seek out start ups from around the world who will work with mentors and experts from IAG to [...]
Tory leadership race: Contenders must stay until the bitter end June 6, 2019 Tory leadership race hopefuls have been told they must be prepared to stay in the contest until the bitter end to avoid a repeat of the coronation of Theresa May as party leader in 2016. May won the race to succeed David Cameron three years ago when leadership rival Andrea Leadsom pulled out of the [...]
Ofcom boss Sharon White chosen as next John Lewis chair June 6, 2019 Ofcom boss Sharon White is set to replace Sir Charlie Mayfield as the next chair of John Lewis, taking on the role as the retailer battles to recover from a recent plunge in profits and tough trading conditions on the high street. White, who is currently chief executive of the UK’s communications regulator, is set [...]
ECB to keep rates on hold for at least another year June 6, 2019 The European Central Bank (ECB) will keep interest rates on hold at record-low levels until at least the second half of 2020, it said today, as it tries to spark some life into the Eurozone economy. Read more: Eurozone inflation slips to well below Eurozone target Its guidance had formerly said rates would stay on [...]
Momentum with England at Nations League June 6, 2019 Hopes are high for England at the inaugural Nations League as they prepare for their semi-final against Holland in Porto on Thursday. In part that is down to the success of Premier League clubs in Europe this season, even if that effort was helped by a multitude of other nationalities. There is a sense of [...]
Dentsu Aegis launches new UK marketing agency after mega-merger June 6, 2019 Advertising firm Dentsu Aegis has launched a new UK marketing agency after merging four of its existing brands. Read more: Dentsu Aegis buys creative agency BJL as it expands in the north Dentsu said its new agency, Dentsu X, will bring together skills in media, technology, creativity and data to offer a full-service proposition to [...]
US trade ban on Huawei could slow global 5G rollout, warns Barclays June 6, 2019 The US’s decision to blacklist Chinese tech firm Huawei could slow down the global rollout of 5G, Barclays has warned. In a new report analysts said network carriers in Europe could be hit by heavy costs and technical disruption if they are forced to upgrade existing Huawei 4G technology with gear made by a different [...]
Joules enjoys revenue bump as international market blossoms June 6, 2019 British lifestyle brand Joules enjoyed a double-digit rise in revenue over the last 12 months, as booming international demand helped the firm shrug off wider troubles in the retail sector. Read more: Joules lures in new CEO The fashion firm’s revenue jumped by 17.2 per cent to £218m in the year to 26 May 2019, [...]
Theresa May and Emmanuel Macron commemorate 75th D-Day anniversary June 6, 2019 Political leaders including Theresa May and French president Emmanuel Macron today paid tribute to the veterans of the D-Day landings on the 75th anniversary of the event. May and Macron gathered in Normandy with hundreds of veterans to thank them for their service. The French president told the crowd that “we owe them our freedom”. [...]
Rory Stewart: Dominic Raab’s no-deal Brexit plan ‘illegal’ June 6, 2019 Tory leadership contender Rory Stewart has labelled rival Dominic Raab’s bid to force a no-deal Brexit through parliament as “illegal”. Raab yesterday said he would be ready as Prime Minister to suspend parliament so he could force a no-deal departure from the EU. Read more: Tory leadership rivals caught in Westminster row The former Brexit [...]