Calais migrant crisis: Hundreds of Eurostar passengers left stranded overnight after “intruders” storm the Channel Tunnel September 2, 2015 Several hundred Eurostar passengers were stranded in Calais overnight after yet more chaos caused by intruders thought to be migrants attempting to cross through the Channel Tunnel. Around six Eurostar trains were held up after the incidents began around 10:30pm last night. According to AFP, several hundred people were still stuck at Calais-Frethun station [...]
Tesco’s share price dips as supermarket selects MBK as preferred bidder for sale of South Korean unit Homeplus September 2, 2015 Tesco has identified private equity firm MBK Partners as the preferred bidder to buy its South Korean arm, Reuters is reporting. The troubled supermarket has been looking to offload Homeplus, which is valued at around $6bn (£3.9bn), as part of a wider attempt to bolster its bottom line. Two months ago it held a beauty parade [...]
Asos share price falls as etailer confirms Nick Robertson to leave after 15 years; Nick Beighton to take reins September 2, 2015 Asos' share price tumbled this morning as the etailer confirmed boss Nick Robertson is stepping down as chief executive of the company he founded 15 years ago. Chief operating officer Nick Beighton will take on the reins with immediate effect. Robertson will stay on as a non-executive director. Beighton has been at Asos [...]
Investors urged to vote against Mike Ashley and Keith Hellawell at Sports Direct AGM as USC, zero-hour contracts issues rage on September 1, 2015 Sports Direct investors are being advised to vote against both founder Mike Ashley and chairman Keith Hellawell retaining their seats on the board ahead of next week's AGM. Investor group Pirc is recommending six of the 15 resolutions be opposed, and three abstained. Its biggest concern was the large number of staff employed on [...]
Sports Direct chairman Keith Hellawell grilled over “callous” USC administration, zero hour contracts and “back street” tactics September 1, 2015 Sports Direct chairman Keith Hellawell faced a grilling by MPs today over the company's administration of USC – but if Mike Ashley thinks he dodged a bullet in not appearing, he might want to think again. Chairman Ian Davidson MP and the rest of the Scottish Affairs Committee quizzed Hellawell, who appeared as the sole representative [...]
EU referendum: Change ballot wording to be fair, government told by Electoral Commission September 1, 2015 The Electoral Commission is calling on the government to change the wording of the ballot for the EU referendum in order to avoid bias. As the EU referendum bill potentially paving the way for a Brexit makes its way through parliament, the current phrasing is "Should the United Kingdom remain a member of the European [...]
FTSE 100 quarterly review: Weir Group could be making way for Berkeley Group to enter blue-chip index September 1, 2015 Housebuilder Berkeley Group could make a grand entrance to the FTSE 100 later this month, while engineering business Weir Group is set for a demotion into the FTSE 250 as part of the index's quarterly review. The move is based on the companies' position within their current respective indices. The FTSE EMEA Committee will [...]
UK weather: Autumn starts today (in the weather calendar, at least) September 1, 2015 It certainly feels like autumn out there. So it should perhaps come as no surprise that today is the official start of the new season – as far as weather is concerned. While the autumn equinox happens on 22-23 September, meteorologists are already buttoning up for a drop in temperatures, darker mornings, brown leaves [...]
Yahoo chief Marissa Mayer reveals she’s pregnant with twins, will take “limited time away” September 1, 2015 Yahoo president and chief executive Marissa Mayer has revealed she is pregnant with twins, but said she plans to take “limited time away”and will be “working throughout”. The Silicon Valley boss announced she and partner Zach Bogue are expecting identical twin girls “likely arriving in December” on her blog this morning. “Since my [...]
Travel chaos as Southeastern services to London Bridge blocked September 1, 2015 Southeastern commuters had an unwelcome return to work after the bank holiday with several services running into London Bridge brought down by signalling problems. The train operator said this morning that all lines between Deptford and Charlton were "blocked", resulting in services either being delayed or diverted through Lewisham. There were no services [...]
