Dog lovers, look away now: Cat pictures may soon be coming to a Tube near you May 20, 2016 Hot on the tail of the city's emerging cat café culture, Londoners may soon be able to see cats during their daily commute. A cuddly Kickstarter fund aims to replace all the ads at a Tube station with pictures of cats, and it is coming within a whisker of its target. Although it was initially dismissed [...]
Transport for London’s contactless drive takes another stride forward May 20, 2016 Londoners are now able to use contactless on the Thames. Transport for London today announced that customers travelling on the MBNA Thames Clippers River Bus will be able to pay using contactless payment cards. Using contactless is the same cost as using an Oyster Card, which TfL says is up to 19 per cent cheaper than [...]
For Asda boss Andy Clarke, the nadir may be yet to come May 20, 2016 It takes a brave man to call the bottom. It's just so easy to get it wrong. Asda boss Andy Clarke certainly appears to have jumped the gun when he said last August that the Walmart-owned supermarket had reached its “nadir”. At the time, his words were meant to give reassurance that, although the business [...]
Salaries and bonuses at London banks, ranked from best to worst – plus who’s paying their staff most fairly May 20, 2016 One size rarely fits all, especially, as a study out today has discovered, when it comes to bankers' pay. The research by Emolument.com, which crunched the numbers on 1,433 salaries, found that paypackets for associates at 18 of London's well-known banks varied by up to £73,000 while the highest paid managing director (MD) is pocketing around £571,963 more than [...]
EU referendum: Hundreds of celebrities urge public to vote for Remain May 20, 2016 Celebrities including Benedict Cumberbatch, Bill Nighy, Helena Bonham Carter, Jude Law and Keira Knightley have signed an open letter in support of the EU, as we enter the final weeks before the referendum. Hundreds of actors, writers, directors and artists have put pen to paper ahead of the vote, urging the public to vote to remain part [...]
Moss Bros lays best suit ahead of AGM May 20, 2016 Moss Bros is looking smart, shrugging off high street woes that have claimed casualties including rival Austin Reed. The figures Total sales at Moss Bros rose 3.3 per cent in the 15 weeks to 14 May, while like-for-likes were up five per cent. The suit group's retail sales, including ecommerce, climbed 5.1 per cent in the period, while hire [...]
Spending spree on the cards for publisher as it plans Future acquistions May 20, 2016 Magazine publisher Future reported it had reduced its pre-tax losses today as it forecast further acquisitions activity. The figures Group revenue fell from £30.8m to £30.2m during the six months to 31 March. Its magazine revenue was down 12 per cent to £17m, “reflecting the market’s overall structural decline”. Read more: Top Gear and Radio [...]
Yah-boo: Bids for internet giant are way lower than anticipated May 20, 2016 Bids for Yahoo’s core business are expected to be lower than anticipated. Several organisations have been linked with the auction process for the internet giant, including Verizon Communications, private equity firms and the owner of the Daily Mail. It also emerged this week that investor Warren Buffett is backing a consortium that is bidding for Yahoo’s [...]
Venezuela’s inevitable and miserable descent May 20, 2016 The lines start to form outside state-run supermarkets at dawn. As the sun rises, hundreds wait patiently in the hope that corn will be delivered in the afternoon. They are often disappointed. This is the reality of daily life for many in Venezuela, a country with the world’s largest reserves of oil and its highest [...]