Almost 3.5m people of working age in the UK have never had a job, study finds January 4, 2020 The number of people aged between 16 and 64 to have never had a paid job has increased by 50 per cent over the last 20 years, according to a new study by think tank Resolution Foundation. It found that 3.4m people in the UK had never had a job, or 8.2 per cent of [...]
UK High Street sees slight increase in December sales January 4, 2020 UK shops saw a marginal increase in December sales year-on-year driven by widespread discounting, a new survey revealed on Saturday. Sales in British shops were up 0.7 per cent for the month compared with 2018, according to the accountancy and business advisory firm BDO’s monthly High Street Sales Tracker. Read more: Next raises forecast after [...]
Tesla shares hit record highs as firm beats vehicle delivery estimates January 3, 2020 Shares in Elon Musk’s Tesla today hit record highs after the firm beat Wall Street estimates for annual vehicle deliveries and met the low-end of its own target. Tesla said it delivered 112,000 vehicles in the fourth quarter, including 92,550 Model 3s and 19,450 Model S/X SUVs, which was above expectations of 104,960 vehicles, according [...]
World leaders call for restraint as Iran promises revenge for killing January 3, 2020 World leaders have urged calm amid simmering tensions after the US confirmed it was responsible for an air strike which killed top Iranian general Qasem Soleimani in Baghdad. Iran’s Supreme Leader, the Ayatollah Khamenei, said that harsh revenge awaited the “criminals” who killed Soleimani. Read more: European stocks falter after US kills top Iranian general [...]
US says threat of ‘imminent attack’ triggered air strikes against Iran January 3, 2020 US secretary of state Mike Pompeo has claimed that the assassination of Iranian general Qassem Soleimani was carried out to prevent an “imminent attack” that would have endangered US citizens in the region. Speaking to CNN and Fox News, Pompeo said that the attack was based on an “intelligence based assessment”, but refused to say [...]
French police shoot knife attacker in suburb of Paris January 3, 2020 French police have shot and killed a man who had attacked several people with a knife in a suburb of Paris, French media have reported. The attacker, who was reportedly wearing an explosive vest, stabbed four people, killing one. The attack happened in a park in Villejuif, about four miles south of the French capital. [...]
Employment tribunal rules ethical veganism is a philosophical belief January 3, 2020 A UK judge has ruled that ethical veganism is a philosophical belief and should receive the same protections as religion in UK workplaces. The ruling comes after Jordi Casamitjana brought a landmark case against his former employers, the League against Cruel Sports, who he claimed had sacked him due to his ethical beliefs. Read more: [...]
Carlos Ghosn escape: Turkish jet firm says ex-Nissan boss used planes illegally January 3, 2020 A Turkish private jet firm said today that ex-Nissan boss Carlos Ghosn used two of its planes illegally to escape Japan, where he was awaiting trial for financial misconduct. MNG Jet said it had filed a criminal complaint over the incident, a day after Turkish police detained seven people, including four pilots, as part of [...]
Bovis Homes completes £1.1bn Galliford Try acquisition January 3, 2020 UK housebuilder Bovis Homes this morning announced it has completed the £1.1bn purchase of two Galliford Try businesses, in a deal which could reshape the UK housing market. The agreement to buy Linden Homes, as well as Galliford Try’s own partnerships and regeneration business will create a top five housebuilder with the ability to provide [...]
Next raises forecast after Christmas sales beat expectations January 3, 2020 Clothing retailer Next continued its strong progress as the company beat its internal forecast for its Christmas performance by 1.1 per cent. In a trading statement, the company said that total full price sales for the fourth quarter were up 5.2 per cent, with sales for the full year up 3.9 per cent. Read more: [...]