The new centre ground: The full text of Theresa May’s Conservative Party conference speech October 5, 2016 In the speech which closed the Conservative Party conference, Theresa May spoke of a country in transition, and new opportunities. The full 7,600 words is below – although if you'd rather a cut-down version, her best quotes are here – or you can read how businesses reacted. The new centre ground: May's speech in full When [...]
Five new retailers are opening shops in The Royal Exchange October 5, 2016 The Royal Exchange is to become home to five new luxury brands. Aspinal of London, Grind & Co, Orlebar Brown, Halcyon Days and TD Tom Davies are taking space in the Grade I listed building. Oxford Properties bought the 16th century landmark in 2013 and this is the second set of retailers to move in [...]
Commuters crowdfund £26,000 to launch legal challenge against DfT over Southern Rail crisis October 5, 2016 A fed up group of commuters has gone further than the average Londoner in an effort to tackle their travel delays and disruptions. The Association of British Commuters, a pressure group created after months of ongoing turmoil on Southern Rail, set up a crowdfunding website for a challenge of the Department for Transport's handling of the situation. [...]
TalkTalk slapped with record fine over cyber attack October 5, 2016 TalkTalk has been slapped with a record fine of £400,000 for failing to prevent a cyber attack last year. The Information Commissioner's office has handed out the largest ever fine to the telecoms firm which suffered one of the most high profile attacks ever experienced by a business in the UK. The data regulator said it did [...]
UK tech is outraged about Rudd’s immigration crackdown October 5, 2016 The UK's reputation as one of the leading digital economies in the world and a global tech hub could be at risk from fresh government plans to crackdown on foreign workers. The new home secretary Amber Rudd yesterday revealed plans to reduce immigration, including proposals to "tighten" the test for companies recruiting from abroad to encourage hiring of [...]
The best reactions to Theresa May’s speech at the Conservative Party conference October 5, 2016 With promises to intervene in "dysfunctional" markets and reform boardroom pay, Theresa May's closing speech at the Conservative Party conference was, she said, squarely aimed at "shifting the balance in favour of ordinary working people". But how have businesses reacted to her list of pledges, which included a promise to reset the Conservative Party's relationship with [...]
In quotes: Theresa May’s Conservative Party Conference speech October 5, 2016 Theresa May has promised to reset the Conservative Party's relationship with capitalism, crack down on immigration and intervene in a host of "dysfunctional markets". In her speech to the Conservative Party Conference the new Prime Minister addressed everything from Brexit to grammar schools to corporate governance and focused on the theme of "change". Here are the key [...]
Long overdue report on RBS turnaround unit finally lands on watchdog’s desk October 5, 2016 The City watchdog has revealed it has received a long-awaited final report into RBS' old business turnaround unit. The Financial Conduct Authority (FCA) had initially been expected to publish review outcomes into RBS' now defunct Global Restructuring Group (GRG) by the end of 2015. However, the report, which is being compiled by "independent skilled persons" Promontory Financial Group [...]
ASOS boss says “it isn’t very practical” to be like an employer from the Victorian era October 5, 2016 ASOS has kicked back against accusations of poor working practices in its Barnsley warehouse and has said the company looks forward to engaging with the government on the issues surrounding low paid workers. "The picture of an uncaring, secretive and exploiting employer from the Victorian times is false," ASOS said in a statement. "Actually, it isn't practical either. [...]
Theresa May resets government policy in flagship conference speech October 5, 2016 Theresa May has promised to reset the Conservative Party's relationship with capitalism, free markets and business and stepped up her claims to be the representative of working-class Britain. The Prime Minister also threatened to intervene in "dysfunctional" markets, tackle failing competition in the utilities sector, press ahead with reforms to boardroom pay and crack down [...]