Map: Where are Extinction Rebellion protesting in London? October 7, 2019 Climate change activists Extinction Rebellion began demonstrations across London this morning, kicking off a fortnight of action targeting the government and the capital’s transport links and financial institutions. Blockades are planned across the capital during the two-week protest, which is part of an international movement. Read more: Extinction Rebellion London protests live: Climate change activists [...]
Oh (dough) balls: Twitter’s scared Pizza Express will fold like a calzone October 7, 2019 Pizza Express fans were thrown into panic today following reports the restaurant chain has called in financial advisers over its mounting debt pile. The firm has hired advisers from Houlihan Lokey ahead of talks with creditors, while a group of secured bondholders has tapped Perella Weinberg Partners, Bloomberg reported, citing people familiar with the matter. [...]
British Airways lost 300,000 passengers in September amid pilot strikes October 7, 2019 British Airways lost more than 300,000 passengers throughout September, as recent strikes forced it to cancel more than 2,000 flights. The airline suffered an eight per cent decline in passenger numbers last month to 3.85m people. Read more: IAG issues profit warning after British Airways strikes That was down from 4.19m during the same period [...]
Ikea to face back tax payment order from EU October 7, 2019 Ikea could be forced to pay millions of euros in back taxes by the end of the year as the European Union competition watchdog cracks down on unfair deals for multinational companies. The European Commission is preparing to complete its probe into Inter Ikea, the brand owner of the furniture store, however the investigation could [...]
How BBC plans to overhaul iPlayer for the Netflix age October 7, 2019 The BBC is gearing up to overhaul its on-demand iPlayer service as it braces for an onset of newcomers in the crowded streaming market. The corporation is planning to reposition the iPlayer as the main access point for its services amid a decline in traditional TV viewing among younger audiences. Read more: Ofcom gives green [...]
Boris Johnson urges EU to ‘thrash out’ Brexit deal as weekend deadline looms October 7, 2019 Boris Johnson has urged the EU to “thrash this thing out” with both sides admitting there is just a handful of days left to break the Brexit impasse and secure a deal. Last week the UK government published its proposal – initially described as a “final offer” – which has met with criticism from Brussels, [...]
Court dismisses attempt to force PM to seek Brexit extension October 7, 2019 The Edinburgh Court of Session has said it will not act to force Boris Johnson to comply with the law that says he must seek an extension to Brexit if no deal is agreed by 19 October. The court said the PM’s unequivocal assurances that he will comply with the Benn Act means action at [...]
Worst September since records began as industry body warns of spending slowdown amid ‘spectre of no-deal Brexit’ October 7, 2019 Retailers have endured their worst September since records began, according to an industry body that has blamed “the spectre of a no-deal Brexit” for lower spending. Total sales fell by 1.3 per cent in September, compared with a rise of 0.7 per cent in the previous year. Read more: How business rates can help to [...]
No 10 calls on US to ‘reconsider its position’ over diplomat’s wife October 7, 2019 Downing Street has called on the US government to “reconsider its decision” to give immunity to a diplomat’s wife who is wanted by British police over a fatal road crash. The case is “extremely concerning”, the Prime Minister’s official spokesman said this morning. “The justice process should be allowed to take place and we urge the [...]
UK property investors fear Brexit will push away foreign buyers October 7, 2019 The majority of UK property investors are concerned Brexit will deter overseas buyers from snapping up real estate in Britain, a new survey has revealed. Read more: Housing market uncertainty persists as property transactions remain flat More than half of investors said they were concerned about a decline in transactions from foreign buyers, which in [...]