Make the creative arts ‘compulsory for all GCSE pupils’, says Royal Albert Hall director November 25, 2018 The creative arts should be compulsory for all GCSE students, the artistic director of the Royal Albert Hall said today. Lucy Noble said school children in England and Wales should take at least one creative subject, such as drama, music, art, design or dance, until the age of 16 to help boost future talent in [...]
Vivienne Westwood sales up as luxury brands resist retail troubles November 22, 2018 Luxury fashion label Vivienne Westwood saw a rise in sales last year as high-end designers defy tough conditions for UK retailers. The designer brand’s turnover was £40.8m in 2017, up from £37.5m the year before, though profit remained flat at £1.9m. The company said 2017 was a “challenging year”, with retail conditions putting pressure on [...]
Model train maker Hornby narrows losses as it plans to get back on track November 22, 2018 Model railway maker Hornby today said it will end discounting as it reported a reduction in losses in the six months to the end of September, sending shares up more than five per cent. The figures Hornby’s revenue was down to £13.8m from £17m in the same period last year. Group loss before tax was £3.2m, [...]
Nissan dismisses chairman Carlos Ghosn following arrest in Japan November 22, 2018 Nissan’s board of directors has voted to oust its chairman Carlos Ghosn following his arrest for suspected financial crimes. Ghosn was removed as chairman and representative director after a unanimous decision in a board meeting at Nissan's headquarters in Yokohama, the company said today. Ghosn was arrested in Japan on Monday following allegations of financial misconduct, [...]
EU hospitality workers rank UK most desirable place to work November 22, 2018 Hospitality workers from across the EU have ranked the UK as the most desirable place to work, despite concerns about a shrinking workforce after Brexit. Sixteen per cent of workers in the hospitality sector named the UK as their top location, according to a survey of 21,000 employees carried out by Caterer.com. In addition, almost [...]
Intu granted second deadline extension for Whittaker consortium takeover offer November 22, 2018 Shopping centre giant Intu has again extended the deadline for finalising a takeover offer, the company said today. Intu, which owns the Trafford Centre in Manchester, said a consortium of buyers now has until 5pm on 30 November to announce its firm intention to make an offer on the company. The consortium is made up [...]
Bet365’s billionaire boss Denise Coates pockets massive £265m payout November 21, 2018 The chief executive of online bookie Bet365 Denise Coates took home £265m last year after giving herself a £21m pay rise. The billionaire businesswoman pocketed a salary of £220m, an increase from £199m last year and roughly a third of Bet365’s total profits for the year to the end of March, according to the company’s accounts. Coates, [...]
Sugar tax raises £154m but the government warns more must be done November 21, 2018 The sugar tax on soft drinks has raised £153.8m since it came into force in April, the government has said. The levy was rolled out seven months ago to help tackle childhood obesity, with revenue used to fund physical education in primary schools. The figure is less than half the original amount estimated when the tax was [...]
Thyssenkrupp predicts higher profits as it attempts to rebuild reputation November 21, 2018 Thyssenkrupp forecast higher profits next year as it reported a fall in income and sales during a gruelling 2018 fiscal year for the company. The figures Profit after tax and costs were down to €60m (£53.4m) from €270m the previous year. Earnings before interest, tax, depreciation and amortization fell to €1.55bn from €1.72bn the year [...]
Online sales are set to hit record levels on Black Friday as high street footfall declines November 21, 2018 The proportion of sales made online is likely to hit its highest level ever in November, boosted by a Black Friday internet shopping rush and fewer high street shoppers. Internet sales are expected to exceed 20 per cent of total retail sales for the first time ever this month, according to research by real estate firm [...]
