‘Grim reading’: Marks & Spencer sales keep falling as it rethinks food and clothing brands November 7, 2018 Same-store sales at Marks & Spencer’s food and clothing divisions both fell as it told investors it expects “little improvement” in the months ahead. The figures M&S revenue declined 3.1 per cent year on year to £4.96bn in the six months to the end of September. Clothing and home division revenue dropped 2.7 per cent due [...]
Strike action hits Central Line and Waterloo & City Line, forcing commuters to find other ways to work November 7, 2018 Both the Central Line and Waterloo & City Line are not running today due to strike action. The strikes started at midnight after the RMT and Aslef unions voted for action to address industrial relations between drivers and Transport for London (TfL) that it claimed was at “breaking point”. The action will go on until [...]
‘Self-regulation ship has sailed’: UK data watchdog targets Facebook after Cambridge Analytica scandal November 6, 2018 Facebook showed a “disturbing level of disrespect” for users whose data was stolen in the Cambridge Analytica scandal, according to the head of the UK’s data watchdog. Information commissioner Elizabeth Denham also called for the tech giant to be regulated, saying she was “astounded” at the sheer amount of personal data held by the social [...]
Piccadilly Line strike suspended tomorrow but Central Line action set to go ahead from midnight November 6, 2018 Strike action on the Piccadilly Line scheduled for tomorrow has been postponed, it emerged this afternoon. However, industrial action on the Central Line strike is still set to begin at midnight tonight. The RMT union said “sufficient progress” has been made in last-ditch talks with Transport for London (TfL) today that it has called off [...]
Facebook blocks 115 ‘inauthentic’ accounts over election interference fears as midterm elections start November 6, 2018 Facebook has blocked more than 100 accounts displaying suspicious activity on the eve of the US midterm elections, raising concerns of voting manipulation. The social network is investigating whether 30 Facebook accounts and 85 Instagram accounts might be connected to Russia’s Internet Research Agency, which was at the heart of attempts to use social media [...]
Tube strikes: Last-ditch talks collapse as unions prepare to walkout on two major Tube lines tomorrow November 6, 2018 Last-minute talks to avert strikes affecting three Tube lines have failed, meaning commuters must make other plans for getting to work tomorrow and Thursday. The Central Line and Waterloo & City Line are set to shut down for 24 hours from midnight tonight as Aslef drivers strike, with RMT drivers on that line joining the action. [...]
Pound hits two-week high as markets grow optimistic over Brexit deal November 6, 2018 The pound hit a two-week high today as the markets expressed optimism that a Brexit deal is close. Sterling rose as high as 1.308 against the dollar this morning, its highest since 18 October, following a report from The Times that the EU was set to agree to compromise over the thorny issue of the Irish [...]
Bitcoin scam: Blue-tick Twitter accounts hacked to push bitcoin scams under Elon Musk’s name November 6, 2018 Verified Twitter accounts were hacked yesterday by scammers who masqueraded as billionaire Elon Musk in an attempt to persuade users to part with bitcoins. Fashion firm Matalan, film distributor Pathe UK and Panthoen Books, a publishing house, were all hacked by scammers who proceeded to use promoted tweets to send their adverts out far and [...]
William Hill predicts lower profit for 2018 as regulation offsets US expansion November 6, 2018 Betting firm William Hill today predicted lower full-year profits for 2018, despite efforts to take advantage of the legalisation of sports gambling in many states in the US. Operating profit is predicted to come in between £225m and £245m by the end of the year, compared to operating profit of £291.3m for 2017. The firm's [...]
Tube delays: Severe delays hit Metropolitan Line as commuters advised to use the bus instead November 6, 2018 Severe delays are affecting the Metropolitan Line after a signal failure, spelling commuter chaos for those heading to work from west London. The failure at Harrow-on-the-Hill means local buses are accepting tickets, said Transport for London (TfL). The delays come just a day ahead of strikes expected to wreak havoc on Tube lines. The Central [...]
