Tesco shareholders encouraged to revolt at AGM over Dave Lewis’ pay, Philip Clarke’s golden goodbye and John Allan’s appointment as chairman June 23, 2015 Tesco shareholders are being encouraged to stage a revolt at the supermarket's AGM on Friday, with investor group Pirc advising they vote against key resolutions. Chief executive Dave Lewis' pay could come under particular scrutiny if Pensions and Investment Research Consultants – one of the largest investor groups in the UK – gets its [...]
Cycling campaigners organise flash protest at Bank after cyclist dies at junction June 23, 2015 Campaigners are calling on London's cycling community to join a flash protest outside Bank tomorrow morning after a 26-year-old woman died yesterday. The woman, who has not yet been officially named by police, was hit by a tipper truck just before 9am yesterday. She was in a serious condition when emergency services arrived, and [...]
TFI Friday to return with Chris Evans in hot seat after anniversary show scored blockbusting ratings for Channel 4 June 23, 2015 Channel 4 is bringing back iconic 1990s music TV show TFI Friday with host Chris Evans at the helm once again. The eight-part series will begin this autumn, although an exact transmission date has not been set. Channel 4 gained one of its best ratings for the 20th anniversary show (officially its 19th, [...]
Tube strike could lead to more home working disputes: How businesses should plan around disruption June 23, 2015 London is braced for the worst tube disruption in a decade next month if Tube workers and their unions decide to go ahead with planned strike action. For some employers in the City and elsewhere, this could lead to more workplace disputes if employees abuse permission given to work from home. The always-on culture of [...]
Clawback extended to 10 years as UK regulators Prudential Regulation Authority and Financial Conduct Authority mull negative bonuses June 23, 2015 Bonuses could be clawed back for as long as a decade under new rules published by City regulators today. The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) confirmed they were pushing ahead with rules for a wider seven-year claw-back period but that an added three years is being considered for senior managers. [...]
Rising inequality, dampened growth and poor prospects: Why everything you thought you knew about Sweden is wrong June 23, 2015 Scandinavia: Home of advanced technologies, strong economies, happy people and the occasional murder, right? Wrong, according to a new report by the Institute of Economic Affairs, which claims that “contrary to popular belief” countries such as Sweden and Denmark are struggling from rising income inequality, declining economic prowess and low job creation. The [...]
Historic Greenwich factory Telegraph Works to be turned into luxury flats June 23, 2015 A Greenwich site that dates back to Queen Elizabeth I's reign – when it was used to store gunpowder to fight the Spanish Armada – is being turned into a £120m luxury residential development. The Telegraph Works – which was later used to build the first transatlantic telegraph cable, allowing Queen Victoria to conduct [...]
Trafalgar Square rally to call for Greek debts to be wiped June 23, 2015 Fresh from holding its anti-austerity march on Saturday the People's Assembly is planning another rally – this time calling for Greece's debt to be wiped. The group, which is calling on Londoners to sign a Europe-wide petition to cancel the debt owed by Greece, is organising a rally today (June 23) in Trafalagar Square. [...]
Tesco tops suppliers’ naughty list over groceries code June 22, 2015 Tesco has been on the receiving end of more than half of issues raised by suppliers with the new Groceries Code adjudicator in the last year. The troubled supermarket was at the centre of 54 per cent of complaints made, with 11 per cent of Tesco's suppliers going to the new government ombudsman, according [...]
Fire crews tackle entire 45-foot lorry on fire after earlier diesel spill on A13 by Upminster, causing M25 chaos June 22, 2015 A lorry filled with cheese was engulfed in fire, causing travel chaos on the M25 today, 12 hours after the driver crashed into a bridge barrier. The fire spread through the whole of the 45-foot lorry, London Fire Brigade said. The smoke was so bad the roads were closed at junctions 29 and 30 [...]
