Asda: Huge equal pay court case starts amid demonstrations September 9, 2024 A court case over equal pay involving more than 60,000 Asda workers has started amid demonstrations being staged in Brighton and Manchester. The GMB union, which has said the case is the biggest ever in the private sector, is arguing that the predominantly female retail workforce is paid up to £3.74 an hour less than [...]
Halfords: Shareholders voice displeasure in political donations vote September 9, 2024 Shareholders in Halfords have voiced their displeasure in a vote to authorise the retailer to make political donations. More than one in ten voted against the proposal at the Redditch-headquartered group’s annual general meeting, according to a document filed with the London Stock Exchange. The 11.91 per cent in the against column comes after 4.01 [...]
Unite Students faces legal action over rats, mould and rubbish in flats September 9, 2024 Hundreds of students across the country have demanded rent refunds from the UK’s biggest accommodation provider, citing problems ranging from rat infestations to dirty flats. Flat Justice, a not-for-profit tenants’ rights group, is currently leading multiple cases against Unite Students for blocks in London, Oxford, Coventry, Liverpool and Birmingham. A spokesperson for Flat Justice said [...]
Government must sack air traffic control boss after ‘long line of cock ups,’ Ryanair’s Michael O’Leary says September 9, 2024 Thousands of passengers have had their flights cancelled at Heathrow and Gatwick Airport due to air traffic control staff shortages.
Back at square one: Crowdcube co-founder Darren Westlake embarks on bold new venture following exit September 9, 2024 Two decades ago, Darren Westlake set out to transform startup funding in the UK with the launch of Crowdcube. Fast forward 20 years and the entrepreneur finds himself in a familiar position – back at square one – after stepping down as CEO of the platform last year to “start again.” His new project, Disco, [...]
Macdonald Hotels & Resorts back in the red as cost increases bite September 9, 2024 Macdonald Hotels & Resorts slumped back into the red during its latest financial year as it battled a rise in its costs. The group, which is headquartered in East Kilbride, Scotland, has reported a pre-tax loss of £3.5m for the year to 28, September, 2023, after having posted a pre-tax profit of £44.5m in the [...]
Investors pounce on start-up incentive scheme amid fears of Labour tax rises September 9, 2024 Flows into a government-backed scheme offering tax reliefs for investors in UK start-ups have surged since the general election, new data has revealed, as fears grow of possible tax rises under the new Labour government.
Entain shares jump as UK arm returns to growth on Olympics and Euro boost September 9, 2024 Shares in Ladbrokes owner Entain jumped as much as 7.6 per cent in early trade after investors were cheered by news that a sport-heavy summer drew in extra punters. Online net gaming revenue (NGR7 ) has continued to grow faster than expected, the London-listed gambling firm said in a trading update on Monday, as the [...]
The secret language of City dealmaking September 9, 2024 Dealmaking on the public markets can be a dense and confusing world. Firms court each other in the public domain; cryptic, flirtatious barbs are fired across the market, and bosses on either side try to size each other up. But what do their messages really mean? What is the hidden meaning behind the jargon? From Pac-Man [...]
AEG Presents: Covid rebound hailed by Hammersmith Apollo owner despite sales and profit dip September 9, 2024 AEG Presents, the UK touring and festivals arm of the group that owns The 02 in London has hailed its full recovery from the Covid-19 pandemic despite a fall in its turnover and profit during 2023. The company, which is headquartered in the capital, is part of the wider LA-based AEG group which is the [...]