You didn’t miss it: Clocks go forward on 27 March 2016 and your iPhone and Android phone will automatically change time – but here’s what to do if it doesn’t March 18, 2016 Did you get caught out by the US' daylight savings change yesterday? The UK has another fortnight to wait for our clocks to "spring forward" to 27 March. The bad news is you might have got up an hour early this weekend. The good news is that when it does eventually happen it will be [...]
FastJet slams EasyJet founder Stelios for going public, is “taking legal advice” over letter about contractual relationship March 18, 2016 African airline FastJet has slammed EasyJet founder Sir Stelios Haji-Ioanno for going public with a letter relating to the two business' contractual relationships. The Tanzania-based firm is seeking legal advice, it said, over his "wholly inappropriate" actions. Haji-Ioanna, who helped set up FastJet four years ago and through EasyJet owns 12.6 per cent in the business, [...]
Telecoms giant BT hires former BG, AstraZeneca and Scottish Power finance boss Simon Lowth March 18, 2016 BT has hired BG Group's finance boss Simon Lowth as group finance director, taking over from Tom Chanmugam who is moving over to work on integrating EE into the wider business. Lowth, who is also being made an executive board director, will join on 4 July. He has held a range of roles in major firms, most [...]
Budget 2016 might have done no favours for house buyers – now it’s time to look again at property funds March 17, 2016 The British have a long-standing love affair with residential property. This extends beyond owning their own homes to a faith in bricks and mortar as a solid investment. However, while investing in residential has meant owning one or more buy-to-let properties, the impending crackdown on buy to let by the chancellor means they should consider an alternative [...]
London’s Air Ambulance lands on College Green in Parliament Square after bus collision injures woman cyclist March 17, 2016 London's air ambulance has been called to Parliament Square after a serious collision involving a bus occurred during rush hour this morning. Witnesses posted pictures of the emergency responders arriving at the scene, with the helicopter landing on College Green, outside the Houses of Parliament. Serious incident in #ParliamentSquare pic.twitter.com/5Ui61RwMAo — Martin Paige (@MysticMartin) March 17, 2016 [...]
Home Retail Group bid could be extended if either Sainsbury’s or Steinhoff makes another offer for Argos parent March 17, 2016 Time is running out for Sainsbury's to make another bid for Argos parent Home Retail Group – but the Takeover Panel has given both the supermarket and rival suitor Steinhoff a lifeline of sorts. The two businesses have until 5pm tomorrow to make a "firm intention" of an offer or walk away from the deal. [...]
Rush hour chaos on Piccadilly, Central, Waterloo & City lines March 17, 2016 Commuters trying to get to work from West London faced a chaotic start to the day because of severe delays on the Piccadilly Line. The line was suffering from issues as far as Acton Town to Uxbridge this morning, because of a signalling failure at South Harrow, Transport for London said. Although it said there was a good service [...]
GlaxoSmithKline’s share price dips as pharma giant announces boss Sir Andrew Witty to leave after a decade March 17, 2016 Sir Andrew Witty is standing down as chief executive of pharma giant GlaxoSmithKline after nearly a decade at the helm, the group has revealed this morning. Witty will retire on 31 March 2017, giving the group time to search for a successor. GSK said it would consider internal and external candidates for the role. Investors [...]
Rio Tinto’s share price rises as miner names Jean-Sébastien Jacques chief executive as Sam Walsh steps down March 17, 2016 Rio Tinto has named Copper & Coal boss Jean-Sébastien Jacques as its next chief executive, when incumbent Sam Walsh steps down this summer. Walsh will retire from the business on 1 July, the miner announced this morning. He will also retire from the board, where he has served for seven years, at the same time. Jacques, [...]
Budget 2016: George Osborne has become antagonistic towards the housing market March 17, 2016 George Osborne has presented a thoroughly disappointing Budget for the housing market with scant reference to initiatives to assist the supply of new build properties. In previous speeches, the chancellor has waxed lyrical about purchase initiatives such as help to buy (1 and 2) and help to buy Isas etc however, in yesterday's big reveal, nothing was laid [...]
