Yawn: Another concept cafe launches in Shoreditch – but this time it serves breakfast in bed May 18, 2015 Another day, another Shoreditch-based concept pop up cafe. It's enough to make you yawn and yearn for your bed. And as luck would have it, this cafe the brainchild of Swedish furniture leviathan Ikea, and the eating takes place in bed. The retailer argues it is leading a “breakfast in bed revolution” with [...]
Treasure hunt for free drinks? Company hides prizes totalling £5,000 around London to spend on Friday night April 30, 2015 Did someone say free booze? Hot on the heels of Carlsberg's stunt giving away free beer in Shoreditch, another company has hidden hundreds of envelopes around London with vouchers ranging from a free cocktail to up to £50 towards your bar tab. Nightlife website DesignMyNight is calling it a “smile surprise” campaign, the [...]
General Election 2015: Michael Green releases broadcast “clarifying” how he is not Grant Shapps April 30, 2015 The voters in Welwyn and Hatfield are facing a conundrum. Should they vote Grant Shapps – sometimes known as Michael Green – or should they vote Michael Green – otherwise known as not-Grant Shapps? At the start of the month City A.M. reported that a man called Heydon Prowse had changed his name to [...]
EasyJet #U28626 diverted from London to Paris after declaring an emergency April 30, 2015 Update: EasyJet flight #U28626, travelling from Palma de Mallorca to London Gatwick, has landed safely at Paris Orly after having declared an emergency. The flight – EZY8626 – was diverted because of a medical emergency on board. EasyJet has issued a statement confirming the cause of the incident. It said: "Unfortunately due [...]
Bank of Russia cuts rates more than expected April 30, 2015 The Bank of Russia has cut rates more than expected, from 14 per cent to 12.5 per cent, citing “persistent risks of considerable economy cooling”. Although a cut was widely expected, consensus had put the reduction at one percentage point, taking the country's base rate to 13 per cent. Rates peaked at 17 per [...]
Woolworths redundancy case: European Court of Justice decision good for business, lawyers say April 30, 2015 British businesses breathed a sigh of relief this morning after the European Court of Justice ruled in favour of the UK government in the controversial Woolworths redundancy case. The case dates back to Woolworth's demise in 2008 (and subsequently 2010, when it also affected former Ethel Austin staff), when more than 4,000 employees did [...]
RBS is failing to win over its customers around the UK April 30, 2015 RBS's share price fell this morning after revealing it had earmarked a further £446m for anticipated forex costs. But that's not the only problem facing the bank. It's really struggling to shake off its image and is failing to win customers around pretty much across the board. The bank has set itself the [...]
Gotham City admits “we may get some things wrong about Endurance” – but sticks to its $0 valuation April 30, 2015 Gotham City Research has admitted it could have got “some things wrong” about the stock it identified for a zero-dollar price target – but is standing by its estimate. The shadowy short-seller firm, which has previously targeted the likes of Quindell and Gowex, issued a note on Tuesday claiming that Endurance International Group was [...]
Nepal earthquake: JCB donates $1m-worth of diggers to relief effort April 29, 2015 As the tragic details of the disaster in Nepal keep unfolding, individuals, charities and even corporates are donating time and money to help the relief effort. Today plant machinery manufacturer JCB has donated $1m (£646,000)-worth of diggers and electrical power generators to help those dealing with the aftermath of Saturday's earthquake, which measured 7.8 [...]
General Election 2015: Van containing 200,000 ballot papers stolen overnight April 29, 2015 Thieves have stolen a van containing more than 200,000 ballot papers for constituencies in the south east. The vehicle – which is not thought to have been stolen for its contents – held 72,300 voting slips for Hastings and Rye and 130,000 for Eastbourne. The papers had been printed in London and were [...]