Shell announces pounds sterling dividend payments after oil firm slashes ties with Russia March 14, 2022 Shell has announced the pounds sterling and euro equivalent dividend payments for its latest interim dividend. The London-listed fossil fuel giant announced its fourth quarter 2021 interim dividend on 3 February at $0.24 per ordinary share. Shareholders will be entitled to €0.2181 or 18.28p per ordinary share, providing they had validly submitted US dollars, euros [...]
Fridays owner Hostmore revenue soars in maiden results as CEO warns of ‘challenges raised by Ukraine crisis’ March 14, 2022 Fridays owner Hostmore has reported revenue standing at £159m as the hospitality operator strikes out on its own after a demerger. Hostmore made its debut on the London Stock Exchange last November after it was made a separate entity from Electra Private Equity. Now, in results for the 53 weeks ended 2 January 2022, the [...]
MPs call on government to reverse plans to force landlords to pay for cladding remediations March 11, 2022 Cross-party MPs have criticised the government’s building safety policies as “piecemeal measures”. A proposed cap for fixing building defects that are not cladding should be scrapped, a report from the Levelling Up, Housing and Communities (LUHC) Committee has concluded today. The report was a response to policies set out by housing secretary Michael Gove earlier [...]
Parcel service Hermes changes name to Evri and announces pensions for couriers March 11, 2022 Delivery titan Hermes has announced today that it is changing its name to Evri, as well as introducing changes to couriers’ pension plans. As well as news of a new logo, the parcel service has also announced a £7m annual cash injection into pensions. So-called ‘self employed plus’ couriers will be given retirement plans and [...]
Boss of Purplebricks steps down at troubled estate agent March 10, 2022 The boss of online estate agent Purplebricks has quit his role because of “personal circumstances.” Vic Darvey’s departure was announced on Thursday, with the CEO set to leave at the end of this month. Shares were up 4.2 per cent when trading closed on Thursday night. Chief operating officer Helena Marston will step into the [...]
M&S boss Steve Rowe to step down after six years March 10, 2022 M&S has announced its CEO Steve Rowe will step down after six years at the helm of the supermarket. Rowe will leave his role at the company’s preliminary results on 25 May as part of a planned succession programme, the supermarket revealed on Thursday afternoon. He will be replaced by Stuart Machin, who will become chief [...]
Home sales continue to soar as buyers keen to move despite rates hike March 10, 2022 Home sales surged last month with strong demand from buyers not letting up, even in spite of an uplift to increase rates. The latest RICS Residential Market Survey reported a net balance of nine per cent more respondents saying sales were increasing. This represented the strongest reading since May 2021. The survey also reported a [...]
McDonald’s and Unilever cut ties with Russia after boycott calls March 8, 2022 Fast food titan McDonald’s has announced the temporary closure of its Russian venues while Unilever also said it would suspend operations. The announcements come after social media users had called for boycotts of companies refusing to cut ties with the country in recent weeks. McDonald’s said it would be pausing operations in Russia amid the [...]
Apple: iPhone 13 now in green as Tim Cook reveals new ‘budget’ iPhone SE March 8, 2022 Apple CEO Tim Cook has revealed a new iPhone product, an update to the iPad Air and new green colours for the latest iPhone. Speaking at Apple’s keynote address, Cook revealed the iPhone 13 would soon be available in green. The new two finishes – “green” for the iPhone 13 and “alpine green” for the [...]
Nadine Dorries selects barrister Orlando Fraser as preferred candidate for Charity Commission top job March 8, 2022 The government has named barrister Orlando Fraser as its preferred candidate for Charity Commission Chair Culture secretary Nadine Dorries made the announcement regarding the top job at the regulator on Tuesday. Fraser will now appear before MPs on the digital, culture, media and sport select committee for pre-appointment scrutiny at an unconfirmed later date. He [...]
