Carpetright shares jump as turnaround plan remains on track June 25, 2019 Carpetright has reported a narrowing of losses and a return to like-for-like sales growth for the full year as it continues to roll out its turnaround plan. Read more: Carpetright shares soar as restructuring plan starts to pay off The figures Revenue fell 13.4 per cent to £386.4m in the 52 weeks to the end [...]
Tube delays: Severe delays hit Northern Line as train routes flooded June 25, 2019 Commuters faced a miserable commute to work this morning as the Tube’s Northern Line was hit with severe delays. Read more: Londoners brace for summer Tube strike chaos Severe delays hit commuters between Morden and Camden Town northbound via the Northern Line’s Bank branch this morning following a fire alert at Morden. That had a [...]
Southern Water hit with £126m fine for ‘shocking’ sewage spills June 25, 2019 A watchdog has slapped Southern Water with a £126m fine after “serious failures” in how the company operated sewage treatment sites over a seven-year period. A lack of investment in a number of Southern Water sewage treatment sites led to equipment failures and sewage spilling into the environment, regulator Ofwat said today. Read more: Ranked: [...]
Boris Johnson’s tax cuts plan could cost UK £20bn per year June 25, 2019 Boris Johnson’s tax cuts plan could cost the UK up to £20bn per year, according to the Institute for Fiscal Studies (IFS) think tank. The Tory leadership candidate has pledged to hike the threshold for higher rate income tax to £80,000 from its current £50,000. Read more: Sky cancels live TV debate after Boris pulls [...]
Up in smoke: Is it time to stub out your exposure to tobacco stocks? June 25, 2019 “Blow in her face and she’ll follow you anywhere.” That was how one advert tried to sell cigarettes back in the 1960s. More than half a century later, the glamorous, seductive veneer of the cigarette industry has gone up in smoke. Gone is the attractive packaging, which has been replaced by ugly images of tarred [...]
Out of the prison cell, into the workplace June 25, 2019 Crime is a top tier political issue for members of the public, but it has barely featured in the race for Number 10 Downing Street. Beyond the popular but reactive refrain of putting more bobbies on the beat, Boris Johnson and Jeremy Hunt have so far failed to spell out how they would curb rising [...]
The special Anglo-American relationship is still worth celebrating – and defending June 25, 2019 To understand how close the relationship between Britain and America really is, consider a conversation that took place in December 2003, between the heads of the US National Security Agency (NSA) and the UK’s GCHQ. There was intelligence, the US intelligence chief said, to suggest that al-Qaeda was planning a nuclear attack. So if [...]
DEBATE: Will character matter more than policy detail in the Tory leadership contest? June 25, 2019 Will character matter more than policy detail in the Tory leadership contest? Alex Deane, a Conservative commentator, says YES. Our members aren’t going to cast their votes based on policy minutiae. Plainly, whether or not you think that they should, they’ll be voting on character. When I say “character”, I don’t mean it in the [...]
Heathrow expansion is taking off – now let’s inject some competition into aviation June 25, 2019 It is an airport running at full capacity – and has been for years. Now at last, with the parliamentary approval of a new runway and the release of competing development plans, Heathrow expansion is back on the menu, boys. One of the contenders to be the next Prime Minister, Jeremy Hunt, is a firm [...]
The UK and India: Moving forward together June 25, 2019 India and the UK have more than 200 years of shared history characterised by democratic traditions, connected cultural institutions, and the English language. This history is a strong foundation on which our bilateral trade and investment relations are continually nurtured and reinforced. Our investments in each other’s economies have grown over the years, and there [...]