Alton Towers-owner Merlin Entertainments searches for new chair January 6, 2020 The owner of Alton Towers has launched a hunt for a new chairman two months after it was taken private in a £6bn deal. Merlin Entertainments has appointed headhunter Spencer Stuart to recruit a successor to its long serving chair Sir John Sunderland, Sky News reported. Read more: Legoland owner Merlin Entertainments secures takeover offer [...]
Prince Charles to call on business leaders to spearhead push for climate solutions January 6, 2020 Prince Charles will make a keynote speech at this year’s World Economic Forum meeting in which he will call on leading international figures to lead the transition to a sustainable economy. The Prince of Wales will use his speech to officially launch his Sustainable Markets Council. Read more: Mark Carney warns financial sector over climate [...]
Westminster council proposes to scrap ‘depressing’ phone boxes January 6, 2020 Up to 1,000 phone boxes may be removed throughout the borough of Westminster. The Westminster City Council has proposed scrapping the vast majority of the near 1,000 phone boxes that are in the borough, arguing they are not used. Read more: Political fallout threatens the future of Westminster Holocaust memorial The council is proposing a [...]
‘Don’t be evil’: Google abandoned motto and lost its way, says former exec January 6, 2020 Google’s former head of international relations has hit out at the company’s human rights record and corporate culture in a blog post detailing why he left the tech giant. Ross LaJeunesse, who left Google in May last year after 11 years at the firm, claimed that “standing up for for women, for the LGBTQ community, [...]
Boeing ‘mulls raising more debt’ as aerospace giant feels the pinch January 6, 2020 Boeing is said to be considering whether to raise more debt to boost its finances, which have come under intense strain from the grounding of its 737 Max jet. The firm has already taken a nearly $10bn (£7.6bn) hit on the 737 Max since the second of two crashes involving the jet happened in March [...]
London gets less per capita transport funding than rest of UK, says report January 6, 2020 London receives one-third less in government funding per rail passenger journey compared to the rest of the country, according to a new report. A study by the Greater London Assembly (GLA) into transport expenditure found that London receives £8 per rail passenger journey from central government, compared to £12 for the rest of the UK. [...]
Vice UK blames Brexit uncertainty as media group posts wider loss January 6, 2020 Vice UK has taken aim at Brexit uncertainty after the youth-focused media group revealed ballooning losses and a decline in revenue. The millennial mainstay reported a pre-tax loss of £2.9m for the 12 months to 31 December 2018, up from £2.2m the previous year, while turnover dropped by a third to £17.3m. Read more: Buzzfeed [...]
L’Oreal set to be White City highlight after London move January 6, 2020 Hair and beauty behemoth L’Oreal will move its 1,000 London staff into a mammoth new base in White City, near the former BBC headquarters. The French firm, whose UK employees work out of Hammersmith, will move into a new building at the White City Place development in autumn 2023, when its current lease runs out. [...]
Rail groups slam TfL admission that Crossrail won’t open until late 2021 January 6, 2020 Rail advocacy groups have slammed Transport for London’s (TfL) confirmation that they do not expect the main section of Crossrail to be open before the end of 2021. Speaking to the London Assembly’s budget and performance committee today, TfL commissioner Mike Brown said he was working to a timetable of between September and December to [...]
New Labour leader to be announced on 4 April, party confirms January 6, 2020 The new Labour leader will be announced on 4 April, as the party seeks a replacement for Jeremy Corbyn following his disastrous election result last month. The ballot will run from 21 February until midday on 2 April, with the results announced the following Saturday as part of a special conference. The party is allowing [...]