Man pleads guilty to Nigel Farage milkshake assault June 18, 2019 A man today pleaded guilty to throwing a milkshake at Brexit party founder Nigel Farage in Newcastle city centre. Paul Crowther, 32, of Holeyn Road in Throckley, Newcastle-Upon-Tyne, admitted to charges of common assault and criminal damage at North Tyneside Magistrates’ Court today. Read more: Man charged with assault after milkshake hits Nigel Farage The [...]
Tesco shares: Reasons to be cheerful June 18, 2019 | City Talk Early selling following this Q1 update attracted bargain hunters. Our head of markets explains why. Tesco (LSE:TSCO) recovery from the dark days of having taken its eye off the ball in the UK continues apace. The radical overhaul which the business has undergone has seen Tesco’s shares rise by 50% over the last three years. More [...]
Sterling falls to fresh 2019 low as Boris Johnson gathers support June 18, 2019 Sterling has fallen to a fresh 2019 low as Boris Johnson’s leadership bid goes from strength to strength – ramping up the chances of a no-deal Brexit. The pound slid to $1.2514 overnight – its lowest level since 11 December last year – before recovering slightly. Read more: Andrea Leadsom backs Boris Johnson in race [...]
Coast Capital hits out at First Group over ‘defamatory attacks’ June 18, 2019 Activist investor Coast Capital has hit out at First Group for making alleged “defamatory attacks and false statements” in the pair’s public slanging match over the transport giant’s strategy. Coast, First Group’s largest shareholder, has issued a 24-page rebuttal to claims made by First earlier this month, in which it called the investor an “opportunistic, [...]
Ad industry ‘faces brain drain’ amid creativity crisis June 18, 2019 The advertising industry could face a brain drain as employees increasingly look outside adland for their fill of creative work, according to a report published today. Research by ad agency Impero revealed 62 per cent of people in the industry have interviewed for a job in another sector over the last 12 month, while the [...]
Lift off: Gatwick earnings rise after increase in long-haul flights June 18, 2019 London’s Gatwick airport cheered a bump in earnings during the last 12 months, as long-haul flights to the Far East helped deliver growth. Earnings before interest, tax, depreciation and amortisation (Ebitda) jumped 7.3 per cent in the year ending 31 March, driven by new routes, increased frequencies and retail development, the UK’s second largest airport [...]
Social media firms team up with advertisers to fight online harms June 18, 2019 Social media giants including Facebook and Google have formed a new alliance with brands and ad agencies in a bid to crack down on harmful material online. A total of 16 brands, including Unilever, Diageo and Procter & Gamble, have signed up to a new working group that will lobby publishers and platforms to remove [...]
Telecom Plus profits rise as new customers sign up June 18, 2019 Telecom Plus reported an annual profit jump in its full-year results this morning following an influx of new customers. The company, which trades as Utility Warehouse and provides mobile, gas, electricity, landline and broadband services, said customer numbers for the year grew by four per cent to 635,039, compared to a 0.5 per cent rise [...]
Andrea Leadsom backs Boris Johnson in race to Number 10 June 18, 2019 Andrea Leadsom has backed Tory leadership frontrunner Boris Johnson’s bid to become the country’s next Prime Minister. Read more: Matt Hancock backs Boris despite no-deal Brexit risk The former leader of the House of Commons called Johnson an “election winner” and voiced support for Johnson’s pledge to pull the UK out of the EU. “I [...]
Old Mutual sacks chief executive over conflict of interest June 18, 2019 Old Mutual has sacked chief executive Peter Moyo following a period of suspension due to a conflict of interest related to an investment firm he founded. The insurer said Moyo’s actions since his suspension in May “contravened his fiduciary duties” to Old Mutual. Read more: Old Mutual suspends chief executive Peter Moyo “Following unsuccessful attempts [...]