Tesco removes Mel B advert after Spice Girls star complains November 12, 2019 Tesco has removed an advert featuring an image of Spice Girls star Mel B after the singer complained about its use. The advert for Tesco’s new Clubcard Plus featured a picture of Scary Spice with the words “Stop right now. You get 10 per cent off two big shops a month for £7.99”, a play [...]
Deputy chair of leaked HS2 review slams ‘whitewash’ report November 12, 2019 The deputy chair of the government-commissioned review into HS2 has savaged a late draft of the report, which urges ministers to press on with the project. Lord Tony Berkeley, who was co-author of the report until a matter of weeks ago, has written to chairman Douglas Oakervee demanding his name be removed from the document. [...]
Sir Martin Sorrell: Post-Brexit economy should be ‘Singapore on steroids’ November 12, 2019 Advertising veteran Sir Martin Sorrell has called on the government to pursue a “Singapore on steroids” strategy for the UK economy after Brexit. The former WPP boss, who now runs digital ad firm S4 Capital, said the UK should seek to establish a free-market, pro-business economy similar to that of the Asian financial hub. Read [...]
General Election 2019: Watch Boris Johnson urge voters to back Jeremy Corbyn in deep fake video November 12, 2019 Videos of Boris Johnson and Jeremy Corbyn apparently endorsing each other have been circulated online, in a bid to highlight the growing risk of misinformation. Voters are being warned not to trust what they read online, as increasingly sophisticated technology allows producers to create convincing deep fake videos. The videos, which were published online today, [...]
Galliard Homes to develop £140m luxury flat complex above Crossrail station November 12, 2019 Galliard Homes will develop a £140m luxury residential and retail development above Tottenham Court Road’s Crossrail station. The property investor has exchanged contracts with Transport for London for £43m, it announced today. Read more: Crossrail will not open until 2021, bosses admit Tottenham Court Road West (TCRW) will include 92 flats – with prices for [...]
Support services group DCC post strong profit growth for first half of 2019 November 12, 2019 International marketing and support services group DCC have reported a 15 per cent growth in profit for the first half of 2019, with strong performances across its four divisions. The FTSE 100 company said the rise to £162.6m from £141.9m in 2018 was in line with expectations. Read more: Mr Kipling owner Premier Foods increases [...]
BofA Merrill Lynch survey: The bulls are back as investors feel the FOMO November 12, 2019 The bulls are back, according to a closely-followed investor survey showing a wave of renewed optimism over the health of the world economy. A “fear of missing out” and fading recession concerns have prompted bullish fund managers to move away from cash and back into stocks in their masses. Read more: World’s wealthiest investors forecast [...]
Student property developer Crosslane targets London co-living market November 12, 2019 Student property provider Crosslane has moved into the co-living market with a £355m pipeline as it eyes three new developments in London. Crosslane Co-Living has secured sites in Walthamstow, east London and Manchester’s Deansgate to build 366 new rooms over the next two years. The rental model, which is aimed at millennials, sees tenants rent [...]
General Election: New poll extends the Conservatives’ lead over Labour November 12, 2019 The Conservative party’s lead over Labour and the Liberal Democrats has grown, according to the latest polling. A Britain Elects poll released this morning shows the Tories moving up one point to 39 per cent, while Labour and the Liberal Democrats remain stable at 31 and 15 per cent respectively. Bookmakers have the Conservatives as [...]
Will CO2 rules choke car industry profits? November 12, 2019 | City Talk Europe’s car industry needs to tackle the huge challenge posed by new emissions regulations. But for those who do, it’s a major opportunity. The commitment to limit global warming to 2 degrees is the greatest challenge of our time. If we’re going to meet it then we need to cut harmful emissions from industry, and [...]