Pro-Brexit Labour MP Kate Hoey to stand down at next election July 8, 2019 Brexit-backing Labour MP Kate Hoey has announced she is standing down at the next election. Hoey has represented the Vauxhall constituency in south London since 1989, and was returned at the last election with a majority of more than 20,000. She is one of the most vocal backers Brexit from the Labour benches, and joined [...]
Gatwick Airport train station to get £150m revamp July 8, 2019 Gatwick Airport train station is to receive a £150m upgrade after the government agreed to the cash injection to reduce delays and congestion. The revamp, which will double the size of the station concourse, widen two platforms and increase the number of lifts, is designed to reduce congestion and overcrowding as the UK’s second largest [...]
Up in smoke: Imperial Brands to put breaks on dividend July 8, 2019 British tobacco giant Imperial Brands is set to abandon its ten per cent dividend growth target as it focuses on catching the vaping market. The news came alongside a £200m share buyback, sending the company soaring on the London exchange. Read more: Puffed – Imperial Brands shares drop on vaping slowdown Shares rose 2.74 per [...]
Matalan warns on margins after ‘tough’ May July 8, 2019 Matalan warned today that poor spring weather would dampen its second quarter results after the retailer was forced to slash prices. The budget fashion brand said May was one of the toughest months “in a number of years”, after unseasonable weather lead to earlier discounting. Read more: Matalan boosts revenue despite tough retail climate Total revenue [...]
Campaigner Heather Mills wins payout over phone hacking claims July 8, 2019 Former model Heather Mills has said she feels “joy and vindication” after reaching a settlement against the now-defunct News of the World over long-standing phone hacking claims. Mills, the former wife of Beatles star Paul McCartney, claimed she had won the “highest media libel settlement in British history” and a “complete and unmitigated apology for [...]
British Airways looks to avert disruption of pilot strikes during busy summer months July 8, 2019 British Airways today began talks with pilots in an attempt to stop them striking over the summer. Pilots met company representatives at the conciliation service Acas after rejecting a pay increase of 11.5 per cent over three years. The airline has said the pay rise is “fair and generous”. Read more: Oman Air beats British [...]
ii view: Sales retreat at Sainsbury’s July 8, 2019 | City Talk By Keith Bowman from interactive investor. Tough comparatives have impacted results for this supermarket, but that is no surprise. First quarter trading for 16 weeks to 29 June 2019 Total sales down 1.2 per cent (excluding fuel) Like-for-like sales declined 1.6 per cent (excluding fuel) Grocery sales fell 0.5 per cent General merchandise sales down 3.1 per cent [...]
Jumby Bay Hotel Review, Antigua: A luxury hideaway on a former sugar plantation July 8, 2019 To fully unwind on holiday, according to experts in these matters, takes eight days. That means you barely have time to unclench before you’re steeling yourself for a return to the daily grind. Thankfully, there are no such problems at Jumby Bay Island Resort. With a reputation for discreet relaxation, this luxury hideaway off Antigua’s mainland [...]
Skills gap is costing UK business £4.4bn each year July 8, 2019 The UK’s skills shortage is having a significant impact on many employers’ productivity and competitiveness. In fact, the impact on productivity is so severe that the government has put addressing the skills shortage front and centre in its industrial strategy. For most businesses, buying skills in seems the easiest way to tackle shortages, but this [...]
Lidl plans 500 new jobs in Scotland July 8, 2019 Supermarket chain Lidl is planning to hire 500 new people in Scotland across 12 new stores, it announced this morning. The low-cost grocer will add to its 98 stores across the country. It is already building new sites at Dundee, Cowdenbeath, Larkhall, Dumbarton and East Kilbride. Read more: Lidl unveils £500m London expansion plan for [...]