EMBARGOED UNTIL MIDNIGHT: PAC: NO COHERENT ATTEMPT TO ASSESS HEADCOUNT IMPLICATIONS OF 7-DAY NHS May 10, 2016 NULL
EMBARGOED UNTIL MIDNIGHT: Deloitte European CFO Survey: Politics dominates business worries, 68% of European CFOs say there is a high level of financial and economic uncertainty facing their business May 10, 2016 NULL
Five suitors emerge for the whole of troubled BHS May 10, 2016 BHS has attracted five expressions of interest to buy the whole of the high street retailer. The interest was registered ahead of today's 5pm deadline, according to a spokesperson for the company. There have been a higher number of expressions of interest for specific parts of the business, with most thought to be keen to [...]
How the City watchdog cracked down on insider trading May 10, 2016 The financial services watchdog is determined to show that it is serious about cracking down on insider trading. The Financial Conduct Authority (FCA) – as it is now known – secured two more convictions for its metaphorical trophy cabinet on Monday. Accountant Andrew Hind and former Deutsche Bank director Martyn Dodgson were found guilty on Monday [...]
Safe texts: Durex is pushing for a condom emoji May 10, 2016 Condom manufacturer Durex has issued a request to the group responsible for the emoji approval process, the Unicode Consortium, arguing the case for a new condom emoji. Durex, owned by London-listed Reckitt Benckiser, first called for a new condom emoji to be approved ahead of World AIDS Day last November, on the basis that it could help promote safe sex. Now [...]
Channel 4 condemns government for “prolonged uncertainty” over privatisation May 10, 2016 Channel 4's chairman has described the “prolonged uncertainty” around the potential privatisation of the broadcaster as “not helpful”. The government has been considering whether to sell off the channel since last summer. Reports today suggested a partial privatisation is now on the cards along with the channel being moved outside of London. Read more: Channel 4 posts record [...]
Amazon hits new high on this crazy big $1,000 price target from Wall Street May 10, 2016 Amazon shares have touched an all-time high after getting a serious upgrade from one Wall Street analyst. Bernstein has upped its price target for the stock to $1,000 (£694) from $770, sending stock up nearly three per cent to $699 per share. "[W]e are bullish in the short, medium, and long term and think we may see margins [...]
Emirates Airlines profits rocket as its fuel costs fall May 10, 2016 Emirates Airline reported its highest ever profit as its fuel costs sunk due to lower crude oil prices. The airline's profits rocketed 56 per cent to Dh7.1bn (£1.32bn) in 2015-2016, a new annual record, after its fuel costs fell by 31 per cent. The airline carried 51.8m passengers over the year, 7.7 per cent more passengers than [...]
London tops the UK as tourism hotspot, with tourists spending £36bn a year in the capital May 10, 2016 The tourism industry is worth more than £15bn to London’s economy, more than any other region in the UK, new figures from the Office for National Statistics (ONS) have shown. Foreign tourists in the capital on business and holidays, along with day-trippers from the rest of the UK spent more than £36bn in London in [...]
Tooting By-Election: Simon Hogg favourite to retain the seat in a two-horse race with the Conservatives May 10, 2016 Mayor of London Sadiq Khan simultaneously won City Hall and triggered a by-election by standing down from his job as MP for Tooting. While no candidate has yet been announced the election will take place on 9 or 16 June, and is anticipated to be a two-horse race between Labour and the Conservatives. Local councillor [...]