Four things to watch out for in Metro Bank’s results October 23, 2019 Metro Bank’s quarterly results this evening come after a torrid spell for the high street lender. In the last eight months the bank has suffered crashing profits, a failed bond issue and a senior shake-up of management, following the discovery of a major accounting issue in January. Today’s quarter three statement will be the latest [...]
UK happiness index: Brits grew happier before March Brexit deadline October 23, 2019 Britons became happier over the course of the year to March, new figures have shown today, but those in Northern Ireland grew sadder and more anxious as the original Brexit deadline approached. Read more: UK unemployment fall pushes earnings growth to 11-year high On mainland Britain, people’s happiness increased – according to the Office for [...]
ITV Hub hits 30m registered users as Love Island charms viewers October 23, 2019 ITV today announced that its on-demand streaming service ITV Hub has more than 30m registered users as Love Island and the Rugby World Cup helped to attract new viewers. The figure, which is up from 26m at this time last year, means the broadcaster has beaten its previous target of hitting 30m users by 2021. [...]
Brexit latest: Brussels figures edge towards backing 31 January extension October 23, 2019 Two key Brussels figures have indicated they would back a full extension to the Brexit process, until 31 January. The move comes as Labour confirms that a three month delay would be long enough for the party to back an General Election. Leo Varadkar, Irish Taoiseach, spoke with Donald Tusk this morning, where he backed [...]
China ‘planning to replace Carrie Lam’ as Hong Kong withdraws extradition bill October 23, 2019 Beijing has reportedly drawn up plans to replace Hong Kong leader Carrie Lam with an interim chief executive, as the territory’s legislature formally withdrew the controversial extradition bill that sparked months of protests. There have been months of often-violent protests against Lam’s leadership in Hong Kong over concerns Beijing is tightening its grip on the [...]
Back to the future: London unveils first fully electric taxi since… 1897 October 23, 2019 A completely electric taxi hit London’s roads today, although the first fully electric vehicle came to the capital more than 100 years ago. The zero emissions Dynamo Taxi, made from a converted Nissan e-NV200 Evalia MPV, was unveiled as a part of the International Clean Air Conference at City Hall. Read more: Electric taxi cab [...]
Goals Soccer Centres: Sports Direct says ‘skulduggery’ wiped out shareholders October 23, 2019 Retailer Sports Direct has today blasted the management of Goals Soccer Centres after the five-a-side football firm delisted from Aim after an accounting scandal. Goals suspended shares in March after saying its financial results contained a misdeclaration of VAT, leaving a black hole in its accounts of more than £12m. Read more: Goals Soccer Centres [...]
The three fastest-growing trends in healthcare October 23, 2019 | City Talk Healthcare providers around the world are seeking to change the way that care is delivered to patients, due to increased pressure on budgets and higher demand for services. A small minority of patients (with chronic or long-term conditions) often account for a large percentage of overall spending. By treating these patients more effectively and taking [...]
Exclusive: Flexible office space firm Central Working falls into administration October 23, 2019 London-based flexible office space group Central Working has collapsed into administration. The co-working business, which hosts 1,850 companies across 11 sites in the UK, has appointed administrators from independent advisory firm Quantuma. Read more: Softbank seizes control of Wework in deal making Adam Neumann a billionaire A letter to tenants seen by City A.M. said [...]
Peugeot maker PSA Group boosts revenue despite sales slip October 23, 2019 Peugeot maker PSA Group today reported higher revenue for the third quarter, even as its sales slowed globally. The French carmaker was boosted by higher demand for its more expensive sports utility vehicle (SUV) models. PSA said revenue from the three months ended September rose one per cent to €15.6bn (£13.5bn). Read more: Peugeot maker [...]