Boris on Brexit: Foreign minister explains policy as Britain prepares to exit the European Union October 13, 2016 Foreign minister Boris Johnson is in front of the foreign affairs select committee this morning, giving evidence on developments in foreign policy – and he says the Brexit doom-mongers have been proven wrong. Johnson, who was a leading voice in the Leave campaign, said: "Those who prophesied doom have been proved wrong and will continue [...]
Tesco v Unilever: What the analysts are saying about #Marmitegate October 13, 2016 As Brits try not to panic in the face of (probably) rapidly depleting Marmite stocks at Tesco, analysts have warned that Brexit-induced inflation is looming ever closer. Tesco's share price dropped by 2.2 per cent in early trading today, after it was revealed the supermarket is in a dispute with consumer goods producer Unilever over pricing. The [...]
Passengers will be able to claim compensation for trains that are 15 minutes late October 13, 2016 Rail passengers will soon be able to claim compensation if their train is more than 15 minutes late. The Department for Transport (DfT) has introduced a new compensation scheme – Delay Repay 15 – which will be launched on Govia Thameslink Railway services, including Southern, within the next few months, and then rolled out across the [...]
Unilever reports sales growth as it battles ‘tough market’ October 13, 2016 Unilever has reported an uptick in sales during the third quarter of 2016, despite facing what it described as 'tough market conditions'. Underlying sales grew by 3.2 per cent in the quarter, with price up 3.6 per cent and volume dipping by 0.4 per cent. On a constant exchange rate, sales were up by 3.4 per [...]
Commuters facing travel chaos at Euston station October 12, 2016 Commuters are facing travel chaos at Euston station this afternoon, due to a broken down train between Harrow & Wealdstone and Watford Junction. Rail operator London Midland warned that some trains in and out of Euton may be delayed by up to one hour. UPDATE: Due to a broken down train btwn #Harrow&Wealdstone – #WatfordJunction trains [...]
London travel disruption: Delays into London Liverpool Street between St Pancras and Blackfriars October 12, 2016 Londoners are facing delays on a number of forms of transport this morning, as the Southern rail strikes continue. Trains between London St Pancras and Blackfriars are delayed due to a broken down train. Trains between London St Pancras International and London Blackfriars may be delayed by up to 15 minutes because of a broken [...]
Fresnillo reports increased silver and gold production October 12, 2016 Miner Fresnillo has reported an uptick in production of silver, gold, lead and zinc in the third quarter of the year. Silver production was up 6.7 per cent, gold was up 20.9 per cent, lead was up 19 per cent and zinc was up 32.1 per cent compared with the same quarter last year. Production of [...]
Premier Foods blames warm weather for drop in sales during second quarter October 12, 2016 Premier Foods has reported a 5.4 per cent drop in sales during the second quarter of the year, and placed the blame firmly on the warm weather in September. The group's share price plummeted by 14.5 per cent in mid-morning trading. However, the group, which produces foods for brands such as Bisto, Birds, Lloyd Grossman and [...]
Bob Diamond takes interim chairman role at Africa-focused banking firm Atlas Mara October 11, 2016 Former Barclays boss Bob Diamond has been appointed interim chairman of African banking firm Atlas Mara. He will step in to the role when current chairman Arnold Ekpe stands down on 1 December. "It has been a privilege to serve as chairman of Atlas Mara," Ekpe said. "What the team has achieved in establishing and [...]
London commuters set for delays and disruption on train services as Southern rail strike kicks off October 11, 2016 Commuters travelling in and out of London on Southern services are facing delays and disruption as RMT union members embarked on the latest round of strike action – and engineering works are creating mroe chaos on the train lines. Workers are taking industrial action against Southern's plans to get rid of conductors and operate driver-only [...]
