Euro 2016: Easyjet pilots are going to provide passengers with live score updates during flights June 10, 2016 Budget airline Easyjet is stepping up its customer service game in a huge way this summer. The company has just revealed that its pilots will update passengers with Euro 2016 scores in-flight. The information will be sent to the pilots from the airline's operations control centre at its Luton head office, via Aircraft Communications Addressing and [...]
Sainsbury’s has named new chief exec of Home Retail Group June 10, 2016 Sainsbury's has announced that its finance chief John Rogers will take on the role of chief executive at Home Retail Group when the supermarket's takeover of the company is completed. Rogers will replace John Walden in the role – Walden has announced his intention to step down from the helm of the Argos owner when the [...]
The ArcelorMittal Orbit slide in London’s Olympic Park has been completed June 9, 2016 The final piece of the ArcelorMittal Orbit slide has been added today, meaning it's ready for action. The slide, in the Olympic Park in east London, is the longest and tallest tunnel slide in Europe, measuring 178 metres. It comprises of 30 pieces, the last of which was lifted into place today. The giant helter-skelter winds around the [...]
EU referendum: Another bank has warned of possible UK job cuts if Brexit occurs June 9, 2016 Another US bank has threatened to cut its UK jobs if Britain votes to leave the EU in the referendum on 23 June. Citi has told UK staff that it will probably look to "rebalance" its operations in the event of a Brexit. The bank employs 9,000 people across the UK. "To continue to serve our clients [...]
Auto Trader grows sales, earnings and profit in first year as a listed company June 9, 2016 Online car selling service Auto Trader grew sales and profit in its first year as a publicly listed company The figures Revenue increased by 10 per cent to £281.6m in the 2016 financial year, up from £255.9m in 2015. Operating profit increased by 27 per cent to £169.6m, from £133.1m, and earnings per share grew [...]
BHS select committee: The six best moments from today’s hearing featuring the former senior team, Retail Acquisition’s management and ex-owner Dominic Chappell June 8, 2016 MPs embarked on a marathon evidence session over the collapse of BHS this morning – and it featured death threats, yachts, and countless other incredible revelations. In case you had other things to do during the four-and-a-half hour hearing, we've put together a list of the best moments from an extraordinary select committee session. [custom id="157"] 1. [...]
Ex-BHS boss Dominic Chappell threatened to kill chief exec Darren Topp, MPs hear at select committee hearing June 8, 2016 Dominic Chappell, the most recent owner of soon-to-be-wound-up BHS, threatened to kill the company's former chief executive, MPs in the business, innovation and skills and work and pensions committees heard this morning. During a session looking into the collapse of BHS, the retailer's ex-boss Darren Topp told the committees that Chappell had moved £1.5m out of BHS and into a company called BHS Sweden. [...]
Dominic Chappell faces MPs’ questions on BHS collapse as retailer’s management appear at BIS select committee hearing June 8, 2016 Former BHS owner Dominic Chappell, the majority shareholder of Retail Acquisitions, which bought BHS for £1 last year from Sir Philip Green, is giving evidence on the retailer's collapse this morning. The business, innovation and skills (BIS) select committee has already heard explosive evidence about the sale of BHS to Retail Acquisitions and its subsequent demise – with [...]
Gala Coral Group shakes off ‘worst Cheltenham since 2003’ to report rise in earnings and sales June 8, 2016 Bookmaker Gala Coral overcame a poor performance at Cheltenham to grow earnings and revenues, with online sales surging in the 28 weeks to 9 April. The figures Earnings before income tax, depreciation and amortisation came in at £122.9m during the first half, up from £101.4m last year. Revenue was up to £606m from £535.7m in the first [...]
Hillary Clinton declares victory in Democratic nomination contest June 8, 2016 Hillary Clinton has declared victory in the Democrat Party's race to become nominee for US president after securing enough delegates to secure the nomination – but rival Bernie Sanders says he will continue with his campaign. The former First Lady was yesterday reported to have won the support of enough delegates to take the nomiation. [...]