Retail rent arrears to exceed £2bn after third quarter September 29, 2020 Retail rent arrears could exceed £2bn after today’s third quarter payment deadline, property industry body Revo has warned. The organisation said this morning that less than 50 per cent of rent due is expected to be paid by operators as the coronavirus crisis continues to impact the high street. So far this year the unpaid [...]
New BBC boss Tim Davie ‘prepared to fire stars’ who break impartiality rules September 29, 2020 The BBC’s new director general today said he is prepared to fire high-profile figures who break the broadcaster’s devout impartiality rules on social media. In his first major move at the helm, Tim Davie, who took up the post earlier this month, said the corporation will publish new social media rules next month which will [...]
Boris Johnson confused about his own rule of six coronavirus rules September 29, 2020 Boris Johnson was left red faced at a press conference today when he was unable to correctly identify his own coronavirus rules. The Prime Minister incorrectly said the rule of six – where only six people can meet up at a time – only applied indoors, after being asked a question by a journalist. It [...]
Amigo shareholders narrowly reject founder’s comeback bid September 29, 2020 Shareholders at embattled subprime loans firm Amigo have narrowly voted down a bid to restore founder James Benamor to the company as director. At today’s general meeting, 57.2 per cent of shareholders voted against a resolution that would have reappointed Benamor, despite the board unanimously recommending the proposal be rejected. Writing on Twitter after the [...]
Boris Johnson vows to end ‘bogus’ UK discrimination against further education September 29, 2020 Boris Johnson has vowed to end the “bogus distinction” between further and higher education by providing £2.5bn in skills training and increasing access to loans for technical courses. This will include free courses to any adult that does not have an A-level, or similar, qualification from April and increased funding to SMEs to take on [...]
City of London Police jail crime gang selling fake money, drugs and guns September 29, 2020 Several members of a major London crime gang have been jailed by City of London Police after pleading guilty to conspiring to sell fake bank notes, guns and Class A drugs. Five members of the organised crime network were handed jail sentences at Inner London Crown Court on Friday, following a three-year police investigation into [...]
Menzies Aviation dives to loss as coronavirus hammers air traffic September 29, 2020 Baggage handlers Menzies Aviation swung to a £39m loss in the first half of the year as the coronavirus pandemic hammered the aviation industry. Chairman Philipp Joeinig warned that the firm was not yet “out of the woods”, with the disease continuing to squeeze global travel demand. The figures Having posted a £17.9m profit in [...]
UK mortgage approvals hit 13-year high in August as post-lockdown surge continues September 29, 2020 UK mortgage approvals hit a 13-year high in August as pent-up demand post-lockdown continued to boost the housing market, but consumers became more cautious about day-to-day borrowing. Mortgage approvals for the month were 84,700, according to new data from the Bank of England — the highest rate of approvals since October 2007, just before the [...]
Carlos Ghosn launches executive training programme in native Lebanon September 29, 2020 Former Nissan and Renault boss Carlos Ghosn is set to launch a management and business programme at a Lebanon university nine months after fleeing to his childhood home from Japan where he faced trial. Ghosn escaped to Beirut after being charged with financial wrongdoing by Japanese prosecutors but denies the allegations. He has now revealed [...]
Royal Albert Hall to reopen for Christmas concert season September 29, 2020 The Royal Albert Hall will open its doors to reduced audiences this Christmas in what the venue’s chief executive describes as an “investment into our future.” A total of 36,000 tickets will be sold to audience goers, down from more than 120,000 last year, to shows including The Nutcracker, Handel’s Messiah and other staples. Read [...]