Notting Hill: The West London enclave defying London’s house price slump April 7, 2019 With its annual carnival, famous market and edgy-cum-glamorous feel, Notting Hill has never been a place to conform to the norms of other Central London neighbourhoods. And it is in keeping with such independence that while many of the capital’s prime residential hotspots are currently undergoing a slump, the West London enclave’s property market has [...]
Sports Direct makes £150m offer to underwrite Debenhams in bid to make Ashley CEO April 7, 2019 A bitter and hard-fought battle for control of one of Britain’s oldest department store chains descended into farce last night as Mike Ashley tussled with Debenhams to prevent the retailer from entering into a pre-pack administration. In his latest efforts to ramp up pressure on the chain’s board, the Sports Direct owner last night accused [...]
Murdoch waits for verdict on The Times and The Sunday Times merger April 7, 2019 Media mogul Rupert Murdoch will this week receive the government’s verdict on a planned merger of The Times and The Sunday Times. Earlier this year News UK, which controls the two newspapers, filed an application to the Department for Digital, Culture, Media and Sport (DCMS) to overturn a law that forces the group to keep [...]
Government ministers ready to compromise with Corbyn through ‘gritted teeth’ over Brexit April 7, 2019 Government ministers are ready to compromise with Labour’s Jeremy Corbyn “through gritted teeth” to deliver Brexit, Andrea Leadsom, the leader of the House of Commons, said this morning. Prime Minister Theresa May began talks with the opposition leader last week to negotiate a deal that both parties could back in order to pass an agreement [...]
Manufacturers urge May to revoke Article 50 if Brexit deal cannot be secured April 7, 2019 Manufacturers have urged Prime Minister Theresa May to revoke Article 50 is she cannot secure a Brexit agreement this week amid growing fears the UK could crash out of the EU without a deal. In an open letter to May and Labour leader Jeremy Corbyn, trade body Make UK said the industry had already been [...]
Drones, Gatwick, and the future: how this new aerial technology can benefit the UK economy and the public good April 7, 2019 New technologies always stir emotion, and as we’ve seen with the drone incidents at Heathrow and Gatwick, they can even result in new legislation. Following the announcement by the government and Civil Aviation Authority regarding an extended no-fly zone and stop-and-search powers for police, it is clear that the time is right to increase our [...]
Apple Music overtakes Spotify for number of paid subscribers in the US April 6, 2019 Apple Music’s streaming service has overtaken Spotify in terms of paid subscribers in the United States for the first time, according to Reuters. As of the end of February this year, Apple had amassed 28m subscribers for its product, compared with Spotify’s 26m, the report claimed. Read more: Social media giants to be held responsible [...]
Boeing to reduce 737 model production in wake of crashes April 6, 2019 Boeing is set to temporarily cut its production of the 737 airliner as the fall-out of crashes involving the model in Ethiopa and Indonesia continue. The plane manufacturer released a statement late on Friday announcing that it would be reducing its production of the 737 from 52 planes a month to 42 from mid-April. Read [...]
Mike Ashley makes legal threat as Debenhams deadline beckons April 6, 2019 Sports direct owner Mike Ashley has suggested he could take legal action against directors at Debenhams as the deadline for him to make a formal bid for the struggling department store chain approaches. Ashley has until April 8 to make that bid but as the chance of his participation in a rescue deal decreases, he [...]
Hammond “optimistic” on reaching Brexit agreement with Labour April 6, 2019 Chancellor Philip Hammond has said he is “optimistic” talks between Labour and the Conservative Party over the Brexit deadlock can end in “some form of agreement”. Speaking ahead of the EU finance ministers’ meeting in Bucharest, Hammond said that the government had no “red lines” and an “open mind” to discussions with the oppositions, which [...]