Koovs share price drops as Lord Waheed Alli steps back as executive chairman July 21, 2015 Koovs' share price fell this morning as Lord Waheed Alli revealed he was bringing in a chief executive and stepping back from his role as executive chairman. The India-focused etailer has appointed internet of things expert Mary Turner to head up the business ahead of a new round of fundraising. Alli will become chairman. [...]
Train delay compensation: How the new rules will make it more confusing for commuters to claim back for disrupted rail journeys July 20, 2015 Yesterday changes were announced to the National Rail Conditions of Carriage – the rules governing rail travel in the UK. The idea was to make it easier for commuters to claw back refunds for delayed and cancelled trains. All train operators are now obliged to offer passengers cash compensation rather than rail vouchers.That must [...]
British Land confirms dividend after strong performances across the Cheesegrater, Broadgate and Facebook’s new Euston Road premises July 20, 2015 The Cheesegrater, Broadgate and Facebook's new Euston Road premises have contributed to a solid first quarter performance at British Land. The figures The landlord reported strong occupational demand, with lettings well ahead of estimated rental value. In total during the three months the group agreed 129,000 sq ft of retail lettings or renewals, and [...]
From Sir Mike Rake, John Dixon and Martin Wheatley’s shock departures to Apple Pay: Here’s what got us talking this week July 17, 2015 There was some golf. There was cheese (with our burgers) in London. And throughout the country's railway stations, there was a quiz that got us scratching our heads. Here's what got us talking this week 1. The City was overrun with ejecting chairs Fresh from Antony Jenkins' sacking last week, this week it was the [...]
Bosley explosion: Four people trapped and major incident declared after explosion at Wood Flour Mills in Cheshire causes multiple casualties July 17, 2015 Update: Four people are still missing, several hours after an explosion caused a wood works in Cheshire to collapse. Police have said a further two explosions have taken place at the Wood Flour Mills wood works in Bosley, Cheshire, and that four people are thought to remain trapped in the building following this morning's [...]
Iceland boss Malcolm Walker: Which? supercomplaint over supermarket offers was “b*****ks” July 17, 2015 Iceland boss Malcolm Walker – the supermarket sector's answer to Michael O'Leary – has blasted the Which? supercomplaint over misleading deals as “bollocks”. The consumer group took a petition signed by more than 100,000 to the Competition and Markets Authority earlier this year, claiming it had found examples of “dodgy special offers” that led [...]
George Osborne ousts Martin Wheatley from FCA July 17, 2015 Martin Wheatley, the man who famously said he would "shoot first and ask questions later" as he launched the Financial Conduct Authority (FCA), has been ousted by chancellor George Osborne. Wheatley, who will leave on 12 September, jumped before he was pushed: City A.M understands he resigned after learning Osborne had decided not to [...]
Royal Mail’s share price just fell off a cliff as Ofcom revealed the scope of its review July 17, 2015 Royal Mail's share price has dropped this morning as Ofcom revealed the scope of its wide-ranging review of regulation for the business. Shares, which had been trading slightly up, suddenly fell off a cliff as the watchdog released its “discussion document” settting out its remit for the review. Royal Mail's share price was down [...]
Marks & Spencer leading the FTSE losers: Why clothing boss John Dixon’s departure gives M&S two major headaches July 17, 2015 Marks & Spencer is leading the FTSE 100 losers this morning, after it confirmed its executive director of general merchandise John Dixon had quit. M&S' share price opened down, and has continued to tumble throughout early trading. At pixel time, itwas down 1.3 per cent. When Dixon took up the role in [...]
Open 2015: Properties overlooking golf courses like St Andrew’s command prices 140 per cent above local average July 17, 2015 Properties next to golf courses are not only a winner for fans of the sport, but are good for their wallet too, with a premium price tag more than double that of nearby properties lacking fairway views. Anyone looking to sell up their course-side home aside any of the nine spots to host The [...]
