Sadiq Khan blasted over ‘PR stunt’ as he moves City Hall to Royal Docks November 3, 2020 Sadiq Khan has been accused of carrying out a “PR stunt” after the mayor confirmed he will move City Hall to new headquarters in east London. The Greater London Authority (GLA) will leave its iconic base at More London near Tower Bridge in December next year and relocate to The Crystal building in the Royal [...]
Office space provider IWG revenue drops as it closes sites November 3, 2020 Office landlord IWG has posted a decline in revenue over the third quarter as it continued to close sites due to the “unprecedented storm” of the coronavirus pandemic. The FTSE 250 firm posted a 14.3 per cent drop in revenue to £583.3m in the three months to the end of September and warned support measures [...]
Primark owner profit slumps as pandemic batters sale November 3, 2020 Primark owner Associated British Foods (ABF) has posted a sharp decline in profit for the full year as store closures during the coronavirus lockdown decimated sales. The figures ABF posted revenue of £13.9bn in the year to 12 September, down 12 per cent on 2019. Statutory pre-tax profit slumped 42 per cent to £686m. Basic [...]
UK spooks block two cyber attacks per day as hackers exploit Covid-19 November 3, 2020 UK spooks blocked an average of almost two major cyber attacks per day last year as unscrupulous hackers tried to capitalise on the Covid-19 crisis. The National Cyber Security Centre (NCSC) handled 723 incidents between 1 September 2019 and 31 August 2020, up from an average of 602 incidents over the last three years. The [...]
Johnny Depp lawyers vow to appeal ‘perverse and bewildering’ libel verdict November 2, 2020 Lawyers for Johnny Depp have vowed to appeal a “perverse” ruling after the actor lost his libel case against the Sun newspaper over an article that branded him a “wifebeater”. A judge today ruled in favour of the Sun after a dramatic courtroom showdown that revealed the intimate details of his relationship with ex-wife Amber [...]
Easyjet boss Stelios loses Telegraph libel case over ‘strawmen’ claim November 2, 2020 Easyjet founder Stelios Haji-Ioannou has lost his libel case against the Daily Telegraph over an article that disputed the outspoken founder’s claims about three shareholders. The suit related to an article published in May in which Telegraph journalist Ben Marlow wrote that the budget airline boss was engaging in “increasingly wild conspiracy theories”. The article [...]
Nigel Farage to relaunch Brexit Party as anti-lockdown Reform UK November 2, 2020 Nigel Farage is set to relaunch the Brexit Party as a new anti-lockdown party called Reform UK as he rails against the government’s “woeful” response to the coronavirus crisis. The party, which was launched 21 months ago to put pressure on the government’s Brexit strategy, has applied to the Electoral Commission to change its name. [...]
Software firm The Bytes Group unveils plans for London stock market float November 2, 2020 Software firm The Bytes Group today unveiled plans for an initial public offering after posting a rise in revenue and profit thanks to the shift in home working. The planned float would see the firm demerge from its South African parent company Altron and pursue a primary listing on the London Stock Exchange and a [...]
Primark warns of £375m sales hit due to second lockdown November 2, 2020 The owner of Primark has warned it will suffer a sales hit of £375m as it prepares to shutter stores across England due to new lockdown measures. In a market update this morning, Associated British Foods (ABF) said 19 per cent of its selling space is currently closed due to Covid-19 restrictions in the Republic [...]
The Hollywood of Europe: How the Canary Islands are being reinvented as a film hub October 31, 2020 In the opening scenes of action-thriller Jason Bourne, the film’s forgetful hero, played by Matt Damon, strides through violent protests on the streets of Athens. He meets his spy partner in the iconic Syntagma Square, before being chased through a sea of blue and white flags by a menacing CIA hit squad. But for eagle-eyed [...]
