Harrods boss admits after Mohamed Al Fayed allegations: ‘We failed our colleagues’ September 26, 2024 The current managing director of Harrods has apologised and said the business “failed our colleagues” following sexual misconduct allegations about former owner Mohamed Al Fayed. Michael Ward said in a statement that it is clear Mr Al Fayed “presided over a toxic culture of secrecy, intimidation, fear of repercussion and sexual misconduct”. Mr Ward, who [...]
Morrisons strikes £331 million property deal amid significant debts September 26, 2024 Supermarket group Morrisons has agreed a £331 million property deal as part of efforts to slash its significant debt pile. The private equity-owned retailer said on Thursday that it expects to complete the “ground rent financing” deal around October 2. It said Morrisons will sell 76 properties to an undisclosed business, before these are then [...]
Car production falls but sector ‘optimistic about return to growth’ September 26, 2024 Car production fell last month, continuing a trend seen across the year, new figures show. The number of cars built in UK factories was 8.4 per cent lower in August compared to the same month last year. The Society of Motor Manufacturers and Traders (SMMT) said 41,271 new cars left production lines, 3,781 fewer than [...]
Britain’s last coal-fired power station set to close in landmark moment September 26, 2024 The UK’s last remaining coal-fired power station is to shut at the end of September, drawing to a close Britain’s 142-year reliance on the fossil fuel to produce electricity. Ratcliffe-on-Soar power station has been generating electricity since 1968 via its four coal-fired boilers, eight vast cooling towers and 199-metre tall chimney, which occupies a prominent [...]
Starmer arrives at Labour conference with promise to rebuild UK September 21, 2024 Sir Keir Starmer said Labour was “rebuilding our country”, as he arrived at his party’s conference intent on shifting attention away from rows over donations and internal No 10 infighting. The Prime Minister said “change has started” as he arrived at the Liverpool conference centre. But the feel-good factor of Labour’s landslide win in July’s [...]
Harrods bosses should be questioned over Al Fayed ‘collusion’, says ex-employee September 21, 2024 Some Harrods bosses should be questioned over “collusion” with alleged misconduct by Mohamed Al Fayed, a former employee at the department store has said. Five women alleged they were raped by Al Fayed, the former owner of Harrods who died last year at the age of 94, with a number of others alleging sexual misconduct. [...]
‘Spoonful of sugar’ to come with Budget medicine, Labour mayor suggests September 21, 2024 A Labour mayor has said he thinks there will be “a spoonful of sugar along with the medicine” in the Budget next month. Steve Rotheram, Mayor of the Liverpool City Region, told the PA news agency he believes economic growth will be delivered “through our combined authorities and through devolution”, but it could be “very [...]
Plan to restrict employers from contacting staff out of hours ‘backed by public’ September 21, 2024 Most people support the Government’s plans to restrict employers from contacting staff outside working hours, new research suggests. Only 17 per cent of 2,000 adults surveyed opposed the move. The polling by Survation, commissioned by think tank the Autonomy Institute, showed that support was highest in the South East. Autonomy called on the Government to [...]
City A.M. marks 20th year with rebrand and weekly London Standard partnership September 18, 2024 City A.M. is embarking on its 20th year of existence with a fresh rebrand and an exciting new partnership with the now weekly London Standard. 70,000 copies of City A.M.’s re-branded print edition will be available from 6am Monday – Thursday, alongside the new weekly edition of the Evening Standard, now called The London Standard. [...]
Guardian Media Group in talks to sell The Observer to Tortoise Media September 17, 2024 The Guardian Media Group is in talks to sell The Observer newspaper to Tortoise Media, a news business launched in 2019 by a former BBC director. The media giant is in exclusive discussions to sell the world’s oldest Sunday newspaper, it was first reported by Sky News‘ Mark Kleinman. Tortoise approached the Guardian newspaper group with an offer to [...]
