SuperGroup CFO Shaun Wills forced to step down after being declared bankrupt February 25, 2015 SuperGroup's share price tumbled this morning after it emerged its chief financial officer has been forced to step down after being declared bankrupt. Shaun Wills, who had been in the role for nearly three years, has stepped down as a director of the company behind the SuperDry brand with immediate effect. It's not [...]
These amazing images show the designs for the Great Tower of London that never was February 24, 2015 Back in 1890, London authorities launched a competition to design a new tower for the capital. Inspired by the brand new Eiffel Tower in rival capital Paris, a global competition was launched, receiving 68 entries varying from the wacky to the just plain copycat. The Metropolitan Tower Company, incorporated to build the Great [...]
Change right-to-buy to stop rural communities becoming out of reach for young families, urges Chartered Institute of Housing February 24, 2015 We've all got used to the fact that young people and those on lower-to-middle incomes are being priced out of the city. Now it seems they are being priced out of the country too. The Chartered Institute of Housing has warned that continuing the right-to-buy scheme as it currently stands is making it increasingly difficult [...]
Sir Malcolm Rifkind steps down as Intelligence and Security Committee chair over cash for access scandal February 24, 2015 Sir Malcolm Rifkind has stepped down as chairman of the Intelligence and Security Committee, and confirmed he will step down as MP for the safe seat of Kensington, in the wake of a cash-for-access scandal. The former foreign secretary had been suspended from Parliament yesterday after he and Labour MP Jack Straw were caught in [...]
Yanis Varoufakis demolishes Jeroen Dijsselbloem and Angela Merkel in this awesome rap battle February 24, 2015 Is it just us or has much of the western world has been developing a crush on rock-star economist-turned-Greek finance minister Yanis Varoufakis? When he's not wrangling with Germany over his country's debt crisis, he's out watching cool plays or throwing in casual references to literary giants. https://twitter.com/yanisvaroufakis/status/568563479076081664 He's been brought in on [...]
Europe’s energy system operators warn next month’s total eclipse could cause serious risk of incident February 23, 2015 Next month you might want to take five minutes out of your day to go and stand outside because there is going to be a solar eclipse, and it's going to be visible from London. The total solar eclipse – caused when the moon covers the sun and creating an eerie night-time feeling in the [...]
Fire Brigade Union forges ahead with 24-hour strike over pension dispute February 23, 2015 The Fire Brigade Union is planning a 24-hour strike this week over a new “unworkable” pensions scheme being put forward by the government. Firefighters throughout England – but no other part of the UK – are planning to walk out from 7am on Wednesday (February 25). They will attend a rally in Westminster. The [...]
One of these stunning bridge designs unveiled by Wandsworth Council could connect Nine Elms with Pimlico February 23, 2015 These are the first images of a potential new bridge connecting Nine Elms with Pimlico, as revealed by Wandsworth Council today. (Source: Wandsworth Council) (Source: Wandsworth Council) Nearly 80 teams from around the world entered the London council's competition to come up with a 21st century design for the new bridge. The international [...]
HSBC: We deeply regret practices at Swiss bank February 23, 2015 HSBC has issued an apology for the historical practices and behaviours at its Swiss private bank, describing them as “unacceptable”. The banking group, which this morning revealed worse-than-expected full year results, said the recent disclosures about its actions, helping wealthy clients to avoid paying taxes several years ago, were “in contravention of our own policies as well [...]
New Look hires JPMorgan as it eyes £2bn float February 23, 2015 Fast fashion chain New Look has taken a step closer to an initial public listing (IPO), having hired JP Morgan to work on options for a flotation. Reports suggest the retailer, which is currently owned by private equity firms Apax and Permira as well as founder Tom Singh, could be valued at as much [...]
