Prudential staff to strike over outsourcing jobs to India September 9, 2016 Prudential employees based in Reading are set to stage two 24-hour strikes over the next two weeks, in protest at plans to offshore an estimated 82 jobs dealing with annuities to India. Staff, who are members of the Unite union, will strike for 24 hours from 00.01 on Friday 16 September over the proposal to offshore back office [...]
Scotland Yard will look into whether disgraced MP Keith Vaz has committed any criminal offences September 9, 2016 Scotland Yard is to "assess" whether any criminal offences were committed by Keith Vaz MP, after allegations of drug use and hiring escorts were made in a Sunday newspaper report last weekend. The Metropolitan Police confirmed this afternoon it had received a letter on Wednesday requesting that police consider the allegations made by the Sunday Mirror [...]
Lidl UK boss Ronny Gottschlich leaves and is replaced by Lidl Austria’s Christian Hartnagel September 9, 2016 Lidl UK boss Ronny Gottschlich has left the discount supermarket, after six years as chief executive. He has been replaced by Christian Hartnagel, 34, who has worked at Lidl for 13 years in different management positions across the business, including regional director at Lidl Ireland. Most recently, Hartnagel was responsible for sales and operations in his role as [...]
Speedy Hire chairman Jan Astrand survives Toscafund’s attempts to oust him as investors vote in his favour September 9, 2016 Speedy Hire shareholders have voted to appoint David Shearer to the board and to keep Jan Astrand as chairman at its annual general meeting (AGM). Over 63 per cent of shareholders voted against the resolution to remove Astrand, with 35.56 per cent voting in favour of the resolution. Meanwhile, 52.84 per cent of the equipment rental firm's investors [...]
Theresa May is lifting ban on selective schools as she announces £50m government funding for grammar schools September 9, 2016 Prime Minister Theresa May is relaxing the ban on selective schools, in controversial plans opposed by Labour and the outgoing Ofsted chief inspector, which will also see grammar schools given government funding for expansion. May said in a major speech today that it is "completely illogical to make it illegal to open good new schools". [...]
This study shows you’re probably not allergic to gluten September 9, 2016 The recent trend for clean eating and banishing anything remotely fun unhealthy from our diets shows no sign of abating – and probably top of the list of most-maligned substances is gluten. But if you've been harbouring suspicions that some of your friends claiming to be allergic to gluten aren't being totally truthful, you could be right. [...]
A Jet2 plane has landed safely after circling over Manchester due to a fault with its landing gear – two days after a similar incident September 9, 2016 A Jet2 plane has safely landed at Manchester Airport after circling over greater Manchester for almost an hour due to a fault with its landing gear – just two days after a similar incident. Flight LS875 from Manchester to Faro took off at 08:39 but was then put in holding, drifting above the city trying to burn fuel [...]
Greene King warns that Brexit could hurt pub industry after strong summer September 9, 2016 The Euro 2016 football championship and sunny summer weather helped pub group Greene King enjoy a "strong start to the year", but the company said it is preparing for tougher trading conditions as a result of the recent Brexit vote. Shares in the company were down 3.8 per cent in early trading. The firm reported 1.7 [...]
Oil price climbs after US Energy Information Administration data reveals US crude oil inventories down by 14.5 million barrels September 8, 2016 Oil prices picked up this afternoon after data from the US showed crude stocks had tumbled by over 14m barrels last week. Global benchmark Brent crude was up 1.1 per cent to $48.51 and US benchmark rose 1.27 per cent to $46.08. The US Energy Information Administration released (EIA) data today showing that US commercial crude oil inventories [...]
The European Parliament has appointed Guy Verhofstadt as its representative on Brexit matters September 8, 2016 Influential MEP Guy Verhofstadt has been appointed as the European Parliament's (EP) point man for Brexit negotiations. Verhofstadt will keep the Conference of Presidents (comprising the EP president and group leaders) fully informed of developments and will help prepare the EP position in the negotiations, in close consultation with the Conference of Presidents. The former Belgian Prime Minister said [...]
