City Moves for 13 June – Who’s switching jobs? June 12, 2019 Today’s City Moves includes Firstport, Deloitte and EY. Firstport Residential property management company Firstport has appointed Heather Payne as chief technology officer. She will be responsible for Firstport’s digital transformation programme. Heather has spent her whole career successfully delivering digital transformation across multiple sectors. She was previously chief technology officer at Avon Cosmetics responsible for [...]
Chris Tremlett: England should combat the dangerous Chris Gayle with all-out pace at the Rose Bowl June 12, 2019 England play West Indies at the Rose Bowl on Friday and I’m sure they won’t be complacent about what Jason Holder’s side can do. West Indies’ fast bowling attack have shown how good they can be, demolishing Pakistan for just 105 in their opening game and reducing Australia to 79-5 in their second with aggressive [...]
Philip Green’s retail empire avoids administration as rescue plan is passed June 12, 2019 SIR PHILIP Green squeezed through a controversial rescue plan this evening as his fashion empire came back from the brink of administration by winning a crunch vote. Read more: Green offers landlords cash to save Arcadia Creditors passed a series of votes that will give the embattled Topshop tycoon breathing space to embark on a [...]
Ineos plans $800m investment in Texas petrochemicals plant June 12, 2019 British chemicals giant Ineos is looking to plough more than $800m (£630.4m) into a Texas project, according to local reports. The money will be used to expand its La Porte petrochemical plant, the Houston Chronicle reported. The 40-acre extension will bring 1,500 construction jobs to the site, and increase Ineos’ permanent workforce by 25 people. [...]
Norway’s sovereign wealth fund to divest from fossil fuel investments June 12, 2019 The world’s biggest sovereign wealth fund appears set to sell its $1bn (£788m) stake in London-listed Glencore, after Norwegian politicians today passed a bill to divest from fossil fuel investments. The decision will see the country’s $1 trillion fund sell stakes in companies which get more than 30 per cent of revenues from coal. It [...]
MPs urge China to respect Hong Kong freedoms as protests turn violent June 12, 2019 MPs have called on the government to put pressure on China to respect the rights of Hong Kong protestors as demonstrations against proposed law changes grew violent. Police have fired tear gas and rubber bullets at protestors, who fear that the law, which would allow extradition to mainland China, could target political opponents of Beijing [...]
E3 2019: The biggest games, trailers and announcements June 12, 2019 Watch Dogs Legion British politics has now well and truly seeped into the cultural groundwater. According to the game’s French publisher Ubisoft, the latest entry in the Watch Dogs series is set in a dystopian vision of “post-Brexit” London. The Grand Theft Auto-alike allows you to freely drive and roam around a near-future version of [...]
Our high streets are in grave danger June 12, 2019 For decades, the local high street has been the jewel in the crown of UK towns and cities, boasting an array of thriving local businesses and big-name stores. However an outdated business rates system, coupled with the rise of online retail giants, has left them in grave danger. This is a watershed moment for our [...]
Andy Murray Queen’s comeback: Hip expert warns of ‘very difficult’ road for former British No1 June 12, 2019 After 154 days without competitive tennis – a period which involved a much-discussed operation, extensive rehabilitation, plenty of pain, but also time with his family and friends – Andy Murray will make his long-awaited return at Queen’s Club next week. It may come on the doubles court rather than the singles and may be in [...]
Activist investor Elliott launches audacious bid for Majestic Wine stores June 12, 2019 Activist investor Elliot has launched a bid for 200 Majestic Wine stores as the retailer switches its focus from the high street to online. US-based Elliot has pitted itself against private equity firm OpCapita and Fortress, the investment group owned by Japan’s SoftBank, in the sale, in which Majestic is hoping to recoup £100m. Read [...]