Joules chief executive to resign after five years in charge of fashion retailer April 1, 2019 Joules chief executive Colin Porter has announced plans to retire after five years in charge of the fashion retailer. Shares slid more than three per cent after Porter, who has been with the business since 2010, revealed he would resign before the end of the next financial year. Read more: Joules boss Colin Porter to [...]
Gaming changers: how marketing messages have had to change for gambling companies April 1, 2019 Where do you know Ray Winstone from? If you’re of a certain vintage, you’ll probably recall his early work. Carlin in Scum, Kevin the rocker in Quadrophenia. More of a millennial? Then perhaps it’s his turn opposite Ben Kingsley in Sexy Beast or as Frenchy in The Departed. Or maybe it’s simply him yelling “put [...]
Interiors: Now the clock has sprung forward, treat yourself to a smart tech shower that’ll make you want to get out of bed April 1, 2019 Have you showered today? We might not talk about our hygiene habits, but the daily shower is a mark of modern respectability. Many of us won’t even remember a time before the morning shower – all that luxurious steam, shampoo aromas, maybe a song. But now with technological advances, some of us are having a [...]
Tory Brexiter hints he will vote against government in no confidence motion April 1, 2019 A former Brexit minister has hinted he could resign from the Tories and back a no-confidence motion in the government. Steve Baker, one of the die-hard band of Brexiters who voted against Theresa May’s withdrawal plan on Friday, has warned the possibility of a general election was now “coming on to the table.” Baker, who [...]
G4S loses permanent contract for ‘war zone’ Birmingham prison April 1, 2019 A G4S prison in Birmingham has been taken back under permanent government control after it was found in a state of crisis so acute the Ministry of Justice (MoJ) was forced to step in last summer. HMP Birmingham was seized from the contractor in August last year when the prisons watchdog found it was exceptionally [...]
‘Let history decide’: Downing Street coy on claim cabinet is most ill-disciplined ever April 1, 2019 Downing Street has refused to slap down a leading member of the government who claimed Theresa May’s top team are “the worst example of ill-discipline in cabinet in British political history.” Chief Whip Julian Smith made the remarks in an interview with the BBC, set to be broadcast on Monday evening, as he hit out [...]
Former Hewlett-Packard boss Leo Apotheker did not read most recent financial results ahead of £8.4bn Autonomy deal April 1, 2019 Former Hewlett-Packard (HP) chief executive Leo Apotheker did not read Autonomy’s half-year or quarterly results ahead of buying the software firm for £8.4bn in 2011, a court heard today. Apotheker, who was giving evidence to the High Court, admitted he had not read the firm’s April 2011 quarterly update or July’s half-year results, but had [...]
UK manufacturing hits 13-month high as Brexit stockpiling peaks April 1, 2019 Britain's manufacturing sector had its best month in over a year in March, fuelled by a record pace of Brexit stockpiling, although experts warned that no-deal preparations obscured the true picture. The UK manufacturing purchasing managers index (PMI) hit 55.1 last month as trends in output and employment strengthened, according to eagerly-watched data from IHS [...]
BBC takes control of UKTV channels as Discovery lines up new streaming service April 1, 2019 The BBC will take control of UKTV channels as part of a deal with Discovery that will also see the launch of a new on-demand video service for BBC nature programmes. BBC Studios – the broadcaster’s commercial arm – jointly owns UKTV with US media giant Discovery. Read more: BBC removes podcasts from rival Google [...]
Sweden decides not to investigate Swedbank over Browder money laundering claims April 1, 2019 Sweden’s financial crime squad has decided not to investigate the crisis-hit Swedbank over money laundering claims made by UK hedge fund boss Bill Browder. The prominent Putin critic filed a criminal complaint alleging that Swedbank accounts were used to launder $176m (£134m) between 2006 and 2012 linked to Russian money laundering and tax fraud. Read [...]