Princess Beatrice to launch new career as business consultant with backing from Sandbridge Capital August 1, 2016 Princess Beatrice is reportedly set to launch a startup and begin her new career as a business consultant. Beatrice, 27, is said to have the backing of Sandbridge Capital – where she recently worked as an associate. Investment group Sandbridge focuses on lifestyle and fashion companies, including online retailer Farfetch and iconic British brand Topshop. "(Beatrice) is creating [...]
Northern Line services will be disrupted next week – and over the next three weekends July 28, 2016 The Northern Line will be disrupted over the next three weekends, and from Monday to Friday next week, as Transport for London (TfL) carries out track replacement work at Camden Town station. From Monday to Friday next week, northbound Charing Cross branch trains will travel only to High Barnet or Mill Hill East, while northbound [...]
Westfield to create 8,000 new jobs at Stratford centre as part of expansion plans July 28, 2016 Shopping centre group Westfield is planning to create 8,000 new jobs at its Stratford centre in east London within the next 10 years. The jobs, mainly retail roles, will be created as part of expansion plans that also include up to 800,000 square feet of office space and 120,000 square feet of retail space, in addition to 1,225 new [...]
Southern Rail guards to stage five-day strike in August 2016 July 28, 2016 Rail union RMT has confirmed a new round of industrial action involving Southern Rail guards after "a point blank refusal by both the company and the government to engage with the union" ahead of a 21 August deadline. Guards will not work any shifts between 12:01AM on Monday 8 August and 11:59PM on Friday 12 August. [...]
Northern newspaper to stop publishing – after just five weeks July 28, 2016 Publishing group Cumbrian Newspapers (CN) is shutting down its most recently launched title after just five weeks in print, after failing to sell enough copies. CN launched 24 – The North's National on 20 June, a Monday to Friday publication with a cover price of 40p and the aim of "giving readers a national newspaper [...]
Domino’s Pizza hikes dividend after growing profit and revenue in first half of 2016 July 28, 2016 Domino's Pizza said the recent Euro 2016 football championship helped boost trading in the first half of 2016, with sales up almost 11 per cent in the UK. The figures Sales across the UK, Ireland and Switzerland rose 17 per cent to £494.5m in the 26 weeks to 26 June, up from £422.6m in the [...]
Centrica blames warm weather in North America and low oil prices for 14 per cent dip in earnings July 28, 2016 British Gas owner Centrica today revealed that customer numbers plunged in the UK, as it blamed a combination of weak commodity prices and warmer weather in North America for a drop in earnings. The figures Revenue dropped by 13 per cent in the six months to 30 June, to £13.4bn from £15.5bn. Adjusted operating profit was [...]
Sky grows revenue and profit as it eyes up European expansion July 28, 2016 Sky shares shot up in early trading this morning after the company revealed it grew revenue and profit on an adjusted basis in the year to 30 June. The figures The broadcaster reported a seven per cent increase in adjusted revenue, up to £11.97bn from £11.28bn the year before. Operating profit went up 12 per cent [...]
Shell blames oil price and BG costs for 72 per cent drop in earnings July 28, 2016 Royal Dutch Shell maintained its dividend today despite recording a massive dip in earnings during the second quarter of 2016, which it blamed partly on the continued weak oil price. The figures Income attributable to shareholders fell by 71 per cent to $1.18bn (£896m) from $3.99bn in the second quarter of last year. Earnings attributable to [...]
MPs warn HMRC cost cutting could lead to another customer service “collapse” July 27, 2016 MPs have slammed HMRC over its levels of customer service, and warned that cutting costs will lead to further lowering of standards. The Public Accounts Committee (PAC) said in a report today that customer service levels "collapsed" to such a degree last year that at one point in October the average time taken for HMRC to answer the [...]
