EE says it has fixed its outage problem after customers were left without access to Orange webmail service for two days March 9, 2016 EE has apologised to customers who were left with no access to Orange webmail services for almost two days and says it has resolved the problem. "We have now resolved the issues preventing some Orange webmail users from accessing their accounts through an internet browser," an EE spokesperson said. "We apologise to anyone affected for the [...]
EU referendum: Buckingham Palace complains to IPSO and says Queen Elizabeth II is “politically neutral” after claims from The Sun that she is firmly in favour of a Brexit March 9, 2016 Buckingham Palace has denied claims that Queen Elizabeth II harbours pro-Brexit views, stating she is "politically neutral", after claims by a newspaper. The Palace has complained to Independent Press Standards Organisation over the allegations by The Sun. The Queen had been claimed as a Brexit supporter, after an alleged conversation with the then-deputy Prime Minister Nick Clegg over the path [...]
BHS is slipping further behind rivals Primark and Debenhams in high street fight March 9, 2016 Retailer BHS’ woes appear to be worsening. As the embattled retailer recently announced significant job losses, it is a suitable time to explore consumer perception of the brand, and what this means for the longer-term prosperity of an old high street favourite. But how did it come to this? YouGov BrandIndex points to two issues the [...]
Aldi, Ocado, Morrisons, Tesco and Sainsbury’s are all making moves to win market share, but Asda’s next step is unclear March 9, 2016 The latest supermarket sales data has painted a slightly less gloomy picture than has become customary for Britain's big four grocers, hinting that the billions poured into lowering prices and luring back customers might finally be paying off. Despite a brutal price war that has savaged Tesco, Asda, Sainsbury’s and Morrisons, data from Kantar has shown [...]
City Moves for 9 March 2016 | Who’s switching jobs March 9, 2016 Quinn Emanuel Urquhart & Sullivan Quinn Emanuel Urquhart & Sullivan has announced that Kate Vernon will join the firm as a partner based in the London office. Kate had been a partner at DLA Piper where she was head of the UK competition team. Kate has represented clients in both follow-on and standalone competition claims [...]
As Tom Hayes’ application to appeal to the Supreme Court is rejected, his father tells City A.M. that fresh evidence could clear the ex-trader’s name March 8, 2016 The father of convicted Libor trader Tom Hayes has said that fresh evidence could clear his son’s name, and claimed that a conspiracy between the political and legal establishments has made a scapegoat out of the former UBS and Citigroup trader. In an explosive interview with City A.M., Nick Hayes described his son as “the [...]
City Moves for 8 March 2016 | Who’s switching jobs March 8, 2016 Indigo Planning Indigo Planning has appointed regeneration and community engagement expert Mark Teasdale as associate director. Mark has provided consultancy advice to Indigo Planning for more than 10 years, creating its methodology for assessing the socio-economic impact of major, mixed use developments, directing numerous studies assessing the potential economic and social benefits of major schemes [...]
International Women’s Day 2016: With women making up just five per cent of FTSE 100 chief execs, businesses do more to show them the path to the top March 8, 2016 NULL
Urban Outfitters share price rockets as clothing company reports $1bn in sales in fourth quarter March 7, 2016 Urban Outfitters shares have jumped by almost six per cent in after hours trading, after the retail group announced fourth quarter earnings that beat expectations. Net income dropped to $73m (£51m) in the fourth quarter of the 2016 fiscal year, from $80m one year earlier, equivalent to 61 cents per share. Wall Street was expecting the [...]
Shares in Old Mutual soar on speculation over potential break-up March 7, 2016 Shares in Old Mutual soared today on news that the company is “considering all options” after speculation that the group would be broken up into four businesses. The savings and investment firm’s stock closed up 6.9 per cent at 192.1p. Old Mutual said last week that it was pursuing a strategic review, as announced when [...]
