Working nine to five, that’s no way to make a living (any more) May 16, 2016 Working nine till five is no longer the way to make a living, a new study suggests. More than a quarter of companies (26 per cent) now offer flexi-time options to all of their employees, according to research by Monster.co.uk. Seven per cent of the firms surveyed, meanwhile, specifically offer this service to more senior workers. [...]
Donald Trump tells Prime Minister David Cameron he’s not stupid and warns their relationship could sour if he wins the White House May 16, 2016 Presumptive Republican presidential nominee Donald Trump has sent Prime Minister David Cameron a strong and simple message: I'm not stupid. The billionaire said that any relationship with the Prime Minister may not be "very good" after Cameron had said Trump's proposed blanket ban on Muslims entering America was, in fact, stupid. The Prime Minister had [...]
ITN chief executive looks beyond bulletin news as he seeks to make company a TV production giant May 16, 2016 Multi-million pound pay packages for top TV celebrities grabbed the headlines last week, when the government revealed its white paper on the future of the BBC. Yet while the sexier elements of the Tory-BBC row occupied most attention, ITN boss John Hardie insists that the most important issue behind any reforms is the provision of high-quality news bulletins. [...]
Platinum producer Lonmin shines as cost-cutting strategy shrinks losses May 16, 2016 The share price of platinum producer Lonmin jumped more than 15 per cent in morning trading after the company announced its losses had shrunk due to its cost-cutting measures, despite the global slump in metals prices. The figures Lonmin announced a total of 2.5m tonnes were mined in the quarter to 31 March, while its core, long-life Generation 2 shafts [...]
Icap dodges Boaty McBoatface moment as it confirms renaming May 16, 2016 Icap appears to have dodged a Boaty McBoatface moment. The broking company today confirmed it is to be renamed Nex Group following the sale of Tullett Prebon. Chief executive Michael Spencer said the process to decide the new name had been “a lot of fun and hugely important”. Read more: Icap shares fall on revenue dip Spencer offered a case [...]
Housebuilder Crest Nicholson’s share price rises as it rides the house price wave May 16, 2016 Brexit threat? What Brexit threat? Crest Nicholson proved this morning that housebuilders continue to be on a high – despite market uncertainty. The figures In a trading update this morning, the housebuilder said it completed 1,206 homes in the six months to the end of April, up seven per cent from last year's 1,124 homes. Sales rate per outlet rose four per cent on [...]
British Land confident in resilience ahead of Brexit vote May 16, 2016 British Land said it remains confident of having a good 2016 despite uncertainty over the global economy, EU referendum and new London mayor Sadiq Khan. The FTSE 100 property giant today reported an increase in underlying profit in the year to 31 March 2016. The figures The company’s underlying profit was £363m, up from £313m in [...]
Nearly a third of MPs have claimed unemployment benefits, new study reveals May 16, 2016 MPs may earn upwards of £75,000 per annum these days, but new research has revealed that UK politicians haven't always been so comfortable. Nearly a third of MPs have claimed unemployment benefits, while almost three quarters have claimed welfare support at some stage. The survey of around 100 politicians found that only 26 per cent of [...]
Prime position: Will Amazon come out on top in TV? May 16, 2016 Not content with battling premium video services like Netflix, Amazon now has YouTube in its sights. The launch of new user-generated content platform Amazon Video Direct (AVD) will allow video makers to upload their content to the site, where it can be watched by tens of millions of Prime subscribers. But becoming a one-stop shop for [...]
City Moves for 16 May 2016 | Who’s switching jobs May 16, 2016 L’OREAL Beauty giant L’Oreal has appointed Vismay Sharma as its UK & Ireland country managing director to strengthen its position in the beauty and cosmetics market. Vismay will start his new role in July and lead the company’s consumer products division encompassing brands like L’Oreal Paris, Maybelline, Garnier, Essie, and Soft Sheen Carson. Vismay comes [...]