EU referendum: With David Cameron winning the backing of Theresa May and the rest of the cabinet, who would want to lead the Leave campaign now? February 12, 2016 There may be some discontent within the wider Conservative party, but David Cameron might still be forgiven for thinking that he is on a bit of roll right now. The proposals set out on Tuesday by European Council President Donald Tusk have met with broad, if muted, approval across Europe and he demonstrated that his backbench is being relatively [...]
London flooding risk: Riverside locations including Bankside, ExCel London, Putney, Chiswick and Teddington warned of risk Thames could breach its banks February 12, 2016 Parts of London both east and west along the River Thames have been warned there is a risk of flooding in the next few days because of high tides. Water levels are higher than usual for this time of year, prompting the Environment Agency to issue a flood alert along the riverside from the Thames Barrier in [...]
JD Sports appoints Pentland chairman Andy Rubin to its board as international expansion beckons February 12, 2016 NULL
JD Sports appoints Pentland chairman Andy Rubin to its board as international expansion beckons February 12, 2016 JD Sports Fashion has appointed Pentland Brands chairman Andy Rubin to its board as a non-executive director as the business looks to ramp up its international expansion. Rubin is also director of the Pentland Group – which owns brands including Boxfresh, Ellesse, Speedo and Hunter – has previously won accolades as one of the best companies to work for in the country [...]
UK house prices: Buying a house with your heart instead of your head costs more than £16,000 – but London isn’t the worst February 12, 2016 Waiting until you fall in love with a house before agreeing to buy it? New research claims that could really be hurting your wallet. Zoopla estimates that over a third of purchasers (34 per cent) spent more than their allocated budgets because they were ruled by their heart instead of their head – and the average [...]
CMA fines pharma companies including GSK £45m February 12, 2016 The Competition and Markets Authority has fined GlaxoSmithKline, Generics UK and companies formerly known as Alpharma £45m for conspiring to delay the entry of a generic drug between 2001 and 2004. GSK, which has been fined £37.6m, was found to have made payments and other value transfers of more than £50m to Generics UK and Alpharma, who [...]
Millienials want to invest for good – but what is impact investing and how do you get involved? February 11, 2016 Impact investing is moving into the mainstream. The companies on the Social Stock Exchange – the UK’s main market for impact investing – have a total combined market value of £2bn and last year raised in excess of £400m. We also saw the first LSE Main Market and Social Stock Exchange dual listing with Menhaden [...]
Tata Steel fire put out after “hundred foot flames” at Port Talbot plant as coke ovens reportedly explode February 11, 2016 A huge blaze has been put out at Tata Steel's plant in Port Talbot, Wales this morning, after an explosion caused "massive hundred-foot flames". Fire crews, ambulance and police are at the scene of the works from 8am this morning, after smoke was seen for miles around. Firefighters have now brought the blaze under control. A Welsh [...]
Bye-bye Bogof? Supermarket deals days’ numbered as new research finds consumers spend £1,300 a year more when they take up buy-one, get-one-free offers February 11, 2016 British shoppers spend £1,300 more a year when they take up tantalising buy-one-get-one-free (bogof) deals – and could be soon waving goodbye to the whole concept. Research by the Money Advice Service has found that supermarket offers encourage consumers to spend 21 per cent more on average than they intended – £11.14 per shop – [...]
Thomas Cook revenues dip on terror attacks – but says full year figures remain on course as long as consumer demand remains February 11, 2016 Revenues and bookings at Thomas Cook dropped in the last three months of 2015, in the wake of the terror attacks in Paris, Istanbul and Sharm-el-Sheikh, the tour operator said today. The figures Total revenue for the three months to 31 December fell 7.8 per cent to £1.4bn. The firm's underlying operating loss improved by 11 per [...]
