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      Modella pulls out of race to buy Poundland

      Poundland storefront with shoppers entering and exiting, showcasing the brands logo and discount signage in a bustling str...

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Politics

  • Theresa May has blasted Southern Rail strikers for heaping fresh misery on commuters

    August 8, 2016

    Prime Minister Theresa May has condemned Southern Rail strikers for heaping “misery” on commuters, while also insisting she wants to work with the franchise's owner to improve service. Southern Rail RMT members began a five day strike earlier today, arguing that passenger safety is being compromised by plans for train drivers, rather than guards, to [...]

  • Uber just renewed its feud with London’s regulators

    August 8, 2016

    Uber is turning to its customers to help it fight "bureaucratic" new rules imposed by Transport for London, including an English exam "harder than the test for British citizenship", renewing its feud with regulators in the capital.  The billion-dollar company said the rules would "threaten the livelihood of thousands of drivers", reducing their numbers and thus increasing the [...]

  • Row between unions and EDF over Hinkley delay ramps up

    August 8, 2016

    French unions have said that the EDF's approval of the Hinkley Point C nuclear power plant isn’t valid, dealing another blow to the firm in their battle over the project's affordability. They said all of the French utility giant’s board members should have been made aware of the UK government’s intention to delay its decision on Hinkley, after [...]

  • Owen Smith says that under the Conservatives Britain is the “sick man leaving Europe”

    August 8, 2016

    Labour leadership contender Owen Smith has said that under the Conservatives Britain is the "sick man leaving Europe", adding that the country is too dependent on the City and financial services. Speaking in Newcastle, Smith said that action taken by the Bank of England last week shows the British economy is on a cliff edge, requiring an urgent [...]

  • Jeremy Corbyn given boost after Labour members win court case meaning new members now eligible to vote in leadership election

    August 8, 2016

    Five Labour members have won a court case against the party over new members' right to vote in the leadership election. The Labour party has been given permission to appeal to the court of appeal, which will hear the case at 10:30 on Thursday. The case was sparked after Labour's National Executive Committee decided that [...]

  • Work and Pensions committee takes next step in inquiry into state of play of pensions

    August 8, 2016

    MPs have today issued a call for evidence for an inquiry on the state of defined benefit (DB) pensions, with the roles of the pensions watchdog and lifeboat in particular thrust under the microscope. The inquiry by the Work and Pensions committee was sparked by its recent investigation into the pensions situation at BHS. The retailer had [...]

  • Sir Philip Green and The Pensions Regulator are acting “like punch-drunk fighters” according to one of the chairs of a parliamentary enquiry into BHS

    August 8, 2016

    The chair of parliament's business committee has blasted Sir Philip Green and The Pensions Regulator for their failure to make progress on BHS' pensions deficit. Ian Wright told BBC's Today programme that he was frustrated by a lack of progress since Green told MPs in mid-June that he would offer a contribution to the collapsed [...]

  • Ed Glitterballs. Former Labour MP confirmed for Strictly Come Dancing

    August 8, 2016

    Former shadow chancellor Ed Balls is set to become the first male politician to compete on the main Strictly Come Dancing show, after the BBC confirmed his spot. Ed Balls — BBC Strictly ✨ (@bbcstrictly) August 8, 2016 Balls follows former business secretary Vince Cable in taking to the dancefloor, although the former Lib Dem MP only participated [...]

  • Broadband is the lifeblood of business: It must be prioritised like any key utility

    August 8, 2016

    It's a story that some firms in London find all too familiar. They decide on their office location, speak to property agents, negotiate the lease and move in. Everything is ready for them including desks, power and water. There is, however, one major issue: their broadband connection isn’t in place. It’s not even the case that [...]

  • As calls for the chancellor to apply some fiscal stimulus grow, do we really want more public spending?

    August 8, 2016

    Scott Corfe, director at the Centre for Economics and Business Research, says Yes. The UK economy is set to slow drastically over the coming quarters, with the Centre for Economics and Business Research expecting GDP growth to decline from about 1.5 per cent this year to less than 0.5 per cent in 2017. A recession – [...]

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