Retail industry attention turns to high street bellwether Next July 31, 2016 The retail industry's attention will turn to Next, with the UK high street bellwether expected to report a fall in sales in the coming week. The FTSE-100 listed firm's widely-watched results are regarded as a good indicator for how its peers, such as Marks & Spencer, are faring. Read more: Retailers rocked by sales shocker Next's trading is likely to have [...]
Winter is coming for Game of Thrones as HBO reveals final season July 31, 2016 It's time to say goodbye to John Snow for real this time… on the small screen, at least. The show of the century, Game of Thrones, is officially coming to an end, its maker HBO has said. There will be just two more seasons of the hit show which has been a cash cow (or should that [...]
Now the pensions watchdog is taking a closer look at the rest of Green’s empire July 31, 2016 Sir Philip Green may have a fresh set of questions to answer, as the pensions watchdog has launched a probe into the Arcadia Group. The Pensions Regulator (TPR) is already looking at whether it can demand Green foots the bill for the blackhole in the BHS pension scheme. Now, The Sunday Times has reported TPR is investigating [...]
This top ad boss has been suspended after sharing his dodgy views on gender July 31, 2016 One of the UK's top advertising bosses has been told to take a "leave of absence" after making some dodgy claims about gender diversity in advertising that incurred the derision of some of the most powerful women in the industry. The chairman of Saatchi and Saatchi Worldwide Kevin Roberts, who also has the title "head coach" for its [...]
You’re probably not earning that “graduate premium” you were told about July 31, 2016 Young people entering higher education to boost their future earnings are in for a shock, according to new research, which claims the idea of an earnings premium for graduates has become a myth. “Any politician or policy-maker who dangles the carrot of an average lifetime earnings premium should be challenged for gross mis-selling," said co-founder [...]
A UK terror attack is a case of “when, not if” warns police boss July 31, 2016 A terror attack in the UK is a case of "when, not if" the top boss of the London police has said, warning that an attack is "highly likely" as the threat level remains at its highest in the wake of attacks in Europe. "Our threat level has been at "severe" for two years – [...]
Scrap the state pension “triple lock” urges ex-pensions minister July 31, 2016 The so-called triple lock for state pensions should be scrapped, the former pensions minister has said. The costly protection which guarantees a yearly rise in line with either inflation, average earnings or 2.5 per cent – whichever is highest – should be dropped by the government to save billions of pounds, outgoing pensions minister Baroness Altman [...]
Sir Philip Green blasts MP Frank Field over “kangaroo court” BHS inquiry July 31, 2016 Sir Philip Green, the former boss of BHS, has shot back at Frank Field, the MP leading the inquiry into the collapse of the high street retailer, accusing him of turning it into a "kangaroo court". The latest saga in the tiff follows Green's threat of legal action over comments Field made about the retail tycoon following a [...]
London-listed broker enhances its voice in US with another acquisition July 30, 2016 London-listed Tullett Prebon has announced a new US acquisition. The interdealer broker has agreed a deal for Creditex’s US hybrid voice broking business from Intercontinental Exchange (ICE), which owns the New York Stock Exchange. The team of 14 brokers, based in New York, provides voice broking and trading services for credit derivatives. Read more: US Department of [...]
Theresa May has a “general prejudice” against Chinese investment, says Vince Cable after Hinkley Point decision is delayed July 30, 2016 The new prime minister has a “general prejudice” against Chinese investment into the UK, Sir Vince Cable has claimed. The former Liberal Democrat business secretary, who worked with new PM Theresa May in government when she was home secretary, also revealed she had “raised objection” to the Hinkley Point project, which is backed Chinese investment. [...]