Shares in the publisher of the Daily Mail have dived – here’s why January 26, 2017 Growth at the owner of the Daily Mail newspaper ground to a halt in the first quarter, sending shares diving seven per cent. The figures Daily Mail and General Trust (DMGT) revenue grew just one per cent in its b2b business and shrank one per cent on an underlying basis on the dmg media side, which [...]
Whitbread’s restaurant sales disappoint investors January 26, 2017 Hotel and coffee shop owner Whitbread – known for its Costa Coffee and Premier Inn brands – has posted some strong sales growth this morning, but its restaurant business has disappointed the market. Whitbread's share price was down four per cent at time of writing. The figures Over the 13 weeks to 1 December, Whitbread's like-for-like [...]
London commuters have taken today’s #TubeStrike in their stride… January 26, 2017 In case you hadn't heard, a Tube strike is causing problems on the Central Line (no service east of Leytonstone) and the Waterloo & City Line (good service until around 10am). Of course, Londoners have taken to such disruption with the usual approaches, spanning grumpiness to sarcasm… Read more: How to get from Waterloo to Bank [...]
Royal Bank of Scotland has set aside another £3.1bn for US settlements January 26, 2017 Royal Bank of Scotland today confirmed that it has set aside a further £3.1bn to pay fines relating to the issuing and underwriting of US residential mortgage-backed securities (RMBS). However, shares in the group were up almost two per cent in early trading. The bank said this takes the total sum it has provided for [...]
Disruption to train services due to derailment at Lewisham will continue until the end of the week January 26, 2017 Disruption to Southeastern train services will continue until the end of the week, the rail network confirmed today. Services have been subject to cancellations and delays since early Tuesday morning, when a freight train derailed at Lewisham. Southeastern said this morning that train services running through Lewisham station may be cancelled, delayed or revised, with disruption expected [...]
There’s going to be a Tube strike all of today: Here’s what you need to know January 26, 2017 It hasn't even been a month since the year started with a bang thanks a Tube strike which shut down most Zone 1 stations and caused commuter chaos. But we're already facing another one, which will affect the Central and Waterloo & City Lines. So, here's what you need to know to make any journeys as pain-free as possible… [...]
Unilever braced for tough market conditions to continue in 2017 as it reveals subdued sales January 26, 2017 Unilever is keen to remind everyone it is – and has been for a while now – battling challenging market conditions. The food manufacturing giant has reported lower than expected sales in the fourth quarter and is braced for these "tough market conditions" to continue, at least for the start of 2017. Brazil's economic slowdown [...]
Sky announces 12 per cent increase in revenue as it reveals plans to introduce satellite dish-free service in UK January 26, 2017 Sky today reported a jump in revenue in the six months ended 31 December, but said costs linked with the Premier League had hit profits during the period. The figures Revenue was up 12 per cent to £6.4bn from £6.04bn in the second half of 2015. Operating profit dropped by nine per cent to £679m from [...]
A capricious digital economy requires agile management January 26, 2017 In a digital-led economy, if your company isn’t “agile,” it isn’t set up for success. Today, winning companies are those which can bring their products to market quickly, pivoting to technological developments and shifts in customer expectation as they evolve. Agile is a collaborative approach to product development which focuses on launching early and refining [...]
Meet the 33 tech startups set for stardom January 26, 2017 More than 30 companies have been identified as the most promising tech startups in the country and will be mentored by top entrepreneurs to help create the next wave of top British tech stars. Challenger bank Monzo, online shopping site Trouva and digital mortgage adviser Trussle are among the startups who will be mentored by Lastminute.com [...]