London Chamber of Commerce appoints Richard Burge as new chief executive January 5, 2020 The London Chamber of Commerce and Industry (LCCI) has appointed international affairs specialist Richard Burge as its new chief executive officer. Burge has joined LCCI from his most recent position as senior adviser on Diplomatic Engagement for the City of London Corporation. Read more: London Chamber of Commerce warns dramatic rethink needed for London traffic [...]
Compass chairman Paul Walsh set to step down this year January 5, 2020 Paul Walsh, the chairman of FTSE 100 catering company Compass, is due to step down within the next twelve months. The firm, which is the world’s largest catering company, will announce the decision on Monday as it prepares to begin the search for Walsh’s successor. Read more: Compass group shares sink as business catering unit [...]
HMV and Debenhams to shut stores as high street makes difficult start to the year January 5, 2020 HMV and Debenhams have confirmed that they will close stores in a challenging start to the year for UK high streets. Music store HMV said that it would shut three stores at the end of January, new new tenants set to take up the leases immediately. Read more: High street sees slight increase in December [...]
British Museum cools on BP ahead of Arctic exhibition January 5, 2020 Oil giant BP will not be a sponsor for the British Museum’s upcoming ‘Arctic: culture and climate’ exhibition, in a decision that is likely to be seen as a victory for climate activists. The institution has come under increasing criticism for its links to the fossil fuel firm, which has sponsored blockbuster exhibitions at the [...]
Tesla shares hit record highs as firm beats vehicle delivery estimates January 3, 2020 Shares in Elon Musk’s Tesla today hit record highs after the firm beat Wall Street estimates for annual vehicle deliveries and met the low-end of its own target. Tesla said it delivered 112,000 vehicles in the fourth quarter, including 92,550 Model 3s and 19,450 Model S/X SUVs, which was above expectations of 104,960 vehicles, according [...]
World leaders call for restraint as Iran promises revenge for killing January 3, 2020 World leaders have urged calm amid simmering tensions after the US confirmed it was responsible for an air strike which killed top Iranian general Qasem Soleimani in Baghdad. Iran’s Supreme Leader, the Ayatollah Khamenei, said that harsh revenge awaited the “criminals” who killed Soleimani. Read more: European stocks falter after US kills top Iranian general [...]
US says threat of ‘imminent attack’ triggered air strikes against Iran January 3, 2020 US secretary of state Mike Pompeo has claimed that the assassination of Iranian general Qassem Soleimani was carried out to prevent an “imminent attack” that would have endangered US citizens in the region. Speaking to CNN and Fox News, Pompeo said that the attack was based on an “intelligence based assessment”, but refused to say [...]
French police shoot knife attacker in suburb of Paris January 3, 2020 French police have shot and killed a man who had attacked several people with a knife in a suburb of Paris, French media have reported. The attacker, who was reportedly wearing an explosive vest, stabbed four people, killing one. The attack happened in a park in Villejuif, about four miles south of the French capital. [...]
Employment tribunal rules ethical veganism is a philosophical belief January 3, 2020 A UK judge has ruled that ethical veganism is a philosophical belief and should receive the same protections as religion in UK workplaces. The ruling comes after Jordi Casamitjana brought a landmark case against his former employers, the League against Cruel Sports, who he claimed had sacked him due to his ethical beliefs. Read more: [...]
Carlos Ghosn escape: Turkish jet firm says ex-Nissan boss used planes illegally January 3, 2020 A Turkish private jet firm said today that ex-Nissan boss Carlos Ghosn used two of its planes illegally to escape Japan, where he was awaiting trial for financial misconduct. MNG Jet said it had filed a criminal complaint over the incident, a day after Turkish police detained seven people, including four pilots, as part of [...]