Paul Smith has teamed up with Land Rover to create the most British Defender ever March 26, 2015 Designer Sir Paul Smith is known for taking quintessentially English themes and adding a bit of pizzazz. Now he's taken arguably the most stiff-upper-lip, Pimms-and-jolly-hockey-sticks car ever made – the Land Rover Defender – and turned it into a rolling advert for Great Britain. The a collaboration between Smith and Land Rover was unveiled earlier [...]
RBS increases the size of its Citizens sale March 26, 2015 RBS has increased the size of the tranche of US bank Citizens Financial it's planning to sell off, as investor demand showed promising signs. That means the UK bank is likely to raise between $3.2bn (£2.1bn) and $3.7bn from the sale of 135m Citizens shares, up from the original plan to sell off 132.25m. Under [...]
He’s 6/1 to open an Argentinian steak restaurant and Chris Evans is odds-on to replace him: Here are the questions bookies are trying to answer about the future of Jeremy Clarkson and Top Gear March 25, 2015 What will Jeremy Clarkson do now? It's one of the many questions on everyone's lips after his career as Top Gear presenter was very publicly laid to rest by BBC controller Mark Thomspon today. Naturally, the decision not to renew his contract sent bookies into a feverish bout of calculator bashing, as they tried to work out [...]
City workers are the least agreeable people in the UK: Where do you belong on the personality map of Britain? March 25, 2015 There's no easy way to say this – although if you're a City worker, you may already be aware – but it turns out people in the City of London are the least agreeable in the UK, new research has found. Yep – according to Cambridge University, folk in the Square Mile score lowest out [...]
Philip Clarke just left Tesco – again March 25, 2015 Eh up. Anyone got a sense of deja vu? Tesco has announced chief executive Philip Clarke had decided to step down, retiring after 40 years in the job. The revelation left supermarket-watchers confused – surely Clarke has already departed, to be replaced by former Unilever man "call me Dave" Lewis? Clarke left the supermarket under a [...]
Lords: Government sums still don’t add up for HS2 March 25, 2015 Another day, another government report on HS2 – and things aren't looking good for the embattled £50bn project. A report by a House of Lords committee published this morning says the cost per mile of the high-speed rail project, which is supposed to cut the journey time between London and Manchester by 45 minutes, will [...]
Kraft shares jump 30 per cent as Warren Buffett and 3G Capital confirm plans to merge it with Heinz in $40bn takeover March 25, 2015 Ketchup and cheese single sandwich, anyone? Warren Buffett has confirmed plans to merge processed cheese maker Kraft with Heinz, creating the Kraft Heinz Company, pushing shares in the company up more than 30 per cent in after-hours trading. Last night it was rumoured Brazilian private equity giant 3G Capital, which joint-owns Heinz with Buffett's Berkshire [...]
Moneysupermarket share price falls as 6.4 per cent share sale is scrapped March 25, 2015 Moneysupermarket.com became the biggest faller on the FTSE 250 in early trading after the sale of a 6.4 per cent stake in the business was cancelled. Shares in the business fell 5.5 per cent to 270p – although they have climbed by more than a fifth this year. The insurance comparison site's founder, Simon Nixon, [...]
General Election 2015: How MPs stepping down at this election could make millions on their second homes March 25, 2015 Exclusive: On 30 March when parliament is dissolved, as the majority of MPs will gear up to embark on the toughest part of their election campaigns, some will bid farewell to the Commons for the last time as they step down from public life. But among the 77 MPs leaving office, many will be left [...]
HSBC to move 1,000 jobs from Canary Wharf to Birmingham March 24, 2015 HSBC will move 1,000 jobs from its Canary Wharf headquarters to Birmingham from 2017, the bank said today. In a statement today, it added that the jobs will be head office roles at its ring-fenced bank. Under rules due to be set out by the Prudential Regulation Authority (PRA), banks must separate their "core" retail [...]
