AA shares leap as firm plans bond buyback December 11, 2019 Shares in motoring association the AA jumped 15 per cent today after the company announced a possible share buyback after a positive first half. The company, which provides insurance, driving lessons and breakdown cover also said it intends to pursue a range of debt tenders, redemptions and issuances over the coming months. Read more: Supercuts [...]
Political adverts disappear from Facebook’s online library December 11, 2019 Facebook came under fire yestderday as tens of thousands of political adverts disappeared from the social media firm’s online archive, two days before the UK goes to the polls. Adverts from the Conservatives, Brexit Party and the Liberal Democrats can now no longer be found in the so-called “ad library.” Read more: The best and [...]
Ranked: The best 10 companies to work for in the UK December 11, 2019 Google has been named the UK’s best place to work by employees, according to company review website Glassdoor. The US tech giant rose 12 places in Glassdoor’s annual Best Places to Work in 2020 list, with 19 firms making this year’s list for the first time. Read more: These are the top 25 best paying [...]
Lord Mayor in San Francisco with UK fintech delegation December 11, 2019 London’s Lord Mayor William Russell today begins a three-day visit to San Francisco as new research showed that the UK is the first choice overseas market for fintech-focused North American venture capital firms. A survey by financial data firm Preqin showed that 90 per cent of North American venture capital and private equity fund managers [...]
Only 10 per cent of UK chief executives have financial incentives to tackle climate change December 11, 2019 Only a tenth of UK chief executives have financial incentives to promote environmentally friendly business practices, new research finds. A survey from Belgium’s Vlerick Business School says that only six per cent have bonuses with specific performance indicators related to environment. Read more: TCI threatens investors over climate change as pressure mounts on sector Less [...]
Bird flu detected at chicken farm in Suffolk December 10, 2019 There has been an outbreak of bird flu at a chicken farm in Suffolk, government officials said today. It’s the first time the disease has been found in the UK since 2017. Read more: Suspected bird flu found in Lancashire The health body said that all the birds would be now be humanely culled and [...]
Lord Maurice Saatchi steps down from M&C Saatchi December 10, 2019 Lord Maurice Saatchi has stepped down as executive director of the advertising agency he founded, a week after the firm’s shares imploded on the back of a major profit warning. Fellow Conservative grandee Lord Dobbs, Sir Michael Peat, Prince Charles’ former private secretary, and City legend Lorna Tilbian also resigned from the board. Read more: [...]
Exxon victorious in New York climate fraud case December 10, 2019 A judge has today ruled that Exxon Mobil did not mislead its investors on climate change, in a case brought by the state of New York. Justice Barry Ostrager of the Manhattan supreme court said that the state attorney general had not produced any evidence that investors had been misled over the cost of addressing [...]
General Election: Boris Johnson breaks Brexit ‘gridlock’ in JCB digger December 10, 2019 As Thursday’s General Election nears, Boris Johnson has been driving home his Brexit message – by driving a JCB into a wall. In a visit to a factory in Stafford, the Conservative leader drove one of the vehicles, which was specially branded with Union Jacks, through a white polystyrene wall with “gridlock” written on it. [...]
London Bridge attack: Jack Merritt’s father hits out at Boris Johnson for using son’s death to ‘score political points’ December 10, 2019 The father of Jack Merritt, who was killed in the London Bridge attack in November, has accused Boris Johnson of exploiting his son’s death for political gain. In his first television interview since the attack on 28 November, David Merritt told Sky News that instead of “a tragedy, Boris Johnson saw an opportunity.” Read more: [...]
