Sports Direct was selling Louboutin heels online this weekend – but they’ve been taken off the website October 4, 2016 Budget sports retailer Sports Direct moved into uncharted territory this weekend as it started selling Christian Louboutin heels. Sports Direct is known for its discount tracksuits and, most recently, for not paying its workers the minimum wage. Read more: Sports Direct shares jump as Mike Ashley takes control But now it appears the company wants to [...]
After last week’s Tube Chat abomination, now a group of tourists wants to hug Britons because they’re “awkward” October 4, 2016 After last week's misjudged attempt by an American to persuade Tube commuters to speak to one another, now a group of tourists is physically invading Britons’ personal space with hugs. Shudder. A group of friends who travel around the world “saying yes to unique experiences” (their words, not ours), kicked off their time in London by welcoming [...]
Nobel Prize for Physics awarded to British scientists who revealed “secrets of exotic matter” October 4, 2016 The 2016 Nobel Prize for Physics has been awarded to a trio of British scientists for revealing "the secrets of exotic matter". David Thouless, Duncan Haldane and John Kosterlitz all made theoretical discoveries using an advanced branch of mathematics known as topology, and "opened the door to an unknown world where matter can assume strange states", the Nobel Prize committee for physics said [...]
Commerzbank ploughs more cash into London fintech startup Iwoca October 4, 2016 Commerzbank has ploughed more cash into London fintech startup Iwoca as part of a new multi-million pound round of funding for the lending platform. The German bank's venture capital arm CommerzVentures are among investors in the £21m series C round after participating in last year's £15.7m series B. New investor Prime Ventures led the latest round which [...]
Deal-making at investment banks is set to hit a 10-year high October 4, 2016 Investment banks are eyeing up a bumper year of deal-making as activity in the money markets is set to hit its highest level in a decade. The volumes of cash flowing through investment houses in the shape of debt and capital market (DCM) activity hit $5.2 trillion (£4.1 trillion) in the first nine months of [...]
Hey big spender: These countries spend the most on business trips to the UK October 4, 2016 Business trips are expensive, there are no two ways about it. From hotels, actually travelling to and from another country and the ever-growing list of expenses (including the £142 in unclaimed expenses that gets lost on each trip), the bills all add up. But when it comes to countries that undertake business trips to the [...]
Crispin Blunt says new cannabis and wider drugs legislation could be a task for a Royal Commission October 4, 2016 Former prisons minister and Tory MP Crispin Blunt has said the best way to move ahead with more progressive drugs legislation would be to initiate a Royal Commission on the matter. Blunt told a fringe event about cannabis legalisation at the Conservative party conference last night that doing so would take the debate about changing drugs policy, [...]
LVMH buys stake in German luggage maker Rimowa October 4, 2016 French luxury giant LVMH, the owner of brands including Moet and Louis Vuitton, is buying an 80 per cent stake in German luggage maker Rimowa. Dieter Morszeck, grandson of the founder of Rimowa, is selling the majority stake in his family's company but will hold onto a leadership role as Rimowa becomes the German arm of LVMH. Rimowa is [...]
Pay by selfie: Mastercard brings biometric technology to the UK October 4, 2016 Paying for things simply by taking a photo of yourself is now a step closer to reality as Mastercard brings its new biometric technology to the UK. So called selfie pay will let customers verify their identity with a snap of their smartphone camera when doing online shopping, or with fingerprints, doing away with passwords and pins -welcome relief [...]
Southern rail services subject to delays and cancellations due to fire next to track at Streatham October 4, 2016 Commuters using Southern rail services should be prepared for delays, alterations and cancellations after a fire next to the track at Streatham. The rail operator closed all its lines earlier this morning, following the fire. ⚠️ Due to a fire next to the track at #Streatham all lines are blocked. — Southern (@SouthernRailUK) October 4, [...]