Sports Direct hit by £605m Belgian tax bill and ‘terminal’ House of Fraser problems July 27, 2019 As Sports Direct finally released its financial results yesterday following the close of the market, Mike Ashley admitted it may have been a mistake to buy House of Fraser last year. The sporting goods retailer delayed announcing its results, which are usually released before the market opens at the start of the day, on three [...]
‘High-tech’ homes in NW1 listed July 26, 2019 Do you love them or hate them? Whatever your opinion, the row of homes at Grand Union Walk in Camden Town is now officially architecturally significant, having been awarded grade II listed status by Historic England last week. The ten three-bedroom houses and two flats in NW1 were designed by Sir Nicholas Grimshaw in the [...]
The secret of Monkey Island: A hidden retreat in the Berkshire countryside July 26, 2019 You would be hard pressed to find a foodie who hasn’t heard of Heston Blumenthal’s The Fat Duck at Bray. But where to stay on your foray into the Berkshire countryside? Thankfully the bucolic Monkey Island in the Thames has just reopened as a picturesque retreat, comprising a 30-room hotel, brasserie, floating spa on a [...]
Mike Ashley stays silent on Sports Direct as London Stock Exchange ends trading July 26, 2019 Sports Direct was meant to deliver a delayed set of results to the City today, but trading opened and closed and the only messages to come from Mike Ashley’s retailer were three further delays. The sportswear firm failed to update the market at 7am, before telling journalists to await an update at 12pm. Read more: [...]
Trump rejects Apple’s request for Mac Pro tariff waiver July 26, 2019 The US will not grant tariff relief to Apple on parts for its Mac Pro computers imported from China, President Donald Trump has said. Read more: Apple splashes out $1bn on Intel’s chip business “Apple will not be given Tariff waivers, or relief, for Mac Pro parts that are made in China. Make them in [...]
Ireland foreign minister hits out at Boris Johnson’s ‘very unhelpful’ Brexit approach July 26, 2019 Ireland’s foreign minister Simon Coveney has labelled Boris Johnson’s approach to Brexit as “very unhelpful” just two days into the newly-appointed Prime Minister’s tenure. Coveney said on Friday that Johnson appeared set on a collision course with the European Union that would prevent an orderly exit from the Bloc come 31 October. Read more: UK [...]
Russia threatens retaliation against British media after RT fine July 26, 2019 Russia has warned UK media working in Russia that they will face consequences after Ofcom handed down a £200,000 fine to broadcaster RT. In a statement, Russia’s Ministry of Foreign Affairs said it viewed the penalty as “part of an anti-Russian campaign designed to restrict the activities of Russian media in Britain”. Read more: RT [...]
Air traffic control error causes flight delays at Heathrow, Gatwick and London City airports July 26, 2019 An issue with the UK’s air traffic control system failure caused flight delays at most of London’s airports this afternoon. Nats, the body in charge of the UK’s air traffic control, admitted a “technical problem” had caused issues at the Swanwick Air Traffic Control centre, leading to “flight restrictions”. Read more: Train delays hit commuters [...]
Twitter shares rise on second quarter revenue boost July 26, 2019 Twitter has posted a strong rise in revenue for the second quarter as its user numbers jumped, pushing shares up more than 10 per cent. The social media firm reported an 18 per cent increase in revenue to $841m (£677m), while monetisable daily active users rose 14 per cent to 139m. Read more: Twitter buys [...]
ii view: Sales boom at Amazon, but so do costs July 26, 2019 | City Talk By Keith Bowman from interactive investor. Rising costs and disappointing profits overshadow further sales growth at the online retailer. Second-quarter results to 30 June 2019 Net sales up 20 per cent to $63.4 Operating income up 3.3 per cent to $3.1 billion Diluted earnings per share up 3 per cent to $5.22 Chief executive Jeff Bezos said: “Customers [...]