M&C Saatchi: WPP needs ‘radical surgery’ for post-Sorrell future September 21, 2018 M&C Saatchi's boss has warned his firm is ready to swoop on rival ad agency WPP’s territory as Sir Martin Sorrell’s successor is busy performing “radical surgery” on the business. David Kershaw hailed surging earnings at M&C Saatchi, seeing revenue almost double to £215.4m after new accounting rules changed the way revenue from customer contracts [...]
Moss Bros issues profit warning, blaming World Cup for poor footfall September 21, 2018 Shares tumbled at Moss Bros today as it issued a profit warning, blaming England’s World Cup success for fewer men being interested in buying suits. The figures The high street formalwear store posted a £1.7m loss for the six months to July, after recording a £3.7m profit in the same period of the previous [...]
Moss Bros issues profit warning, blaming World Cup for poor footfall September 21, 2018 Shares tumbled at Moss Bros today as it issued a profit warning, blaming England’s World Cup success for fewer men being interested in buying suits. The figures The high street formalwear store posted a £1.7m loss for the six months to July, after recording a £3.7m profit in the same period of the previous [...]
RBS, Natwest and Ulster outages: Digital banking comes back online September 21, 2018 Royal Bank of Scotland (RBS), Ulster Bank and Natwest's online banking services were down for around three hours this morning, leaving millions of users without digital access to their accounts. Natwest’s mobile app couldn't establish a connection, and referred users to an online status page, which failed to open, a problem shared by Ulster and [...]
RBS, Natwest and Ulster outages: Digital banking comes back online September 21, 2018 Royal Bank of Scotland (RBS), Ulster Bank and Natwest's online banking services were down for around three hours this morning, leaving millions of users without digital access to their accounts. Natwest’s mobile app couldn't establish a connection, and referred users to an online status page, which failed to open, a problem shared by Ulster and [...]
Uber Eats strike: Drivers protest over pay, blocking east London roads and leaving customers hungry September 20, 2018 Uber Eats drivers have abandoned their deliveries in the capital in a protest over pay. Couriers have gridlocked the roads around Aldgate East Station as they demand better pay from the food delivery service arm of Uber. Read more: Ranked: The UK's most valuable brands, according to WPP Uber Eats admitted it’s changing how drivers [...]
Uber Eats strike: Drivers protest over pay, blocking east London roads and leaving customers hungry September 20, 2018 Uber Eats drivers have abandoned their deliveries in the capital in a protest over pay. Couriers have gridlocked the roads around Aldgate East Station as they demand better pay from the food delivery service arm of Uber. Read more: Ranked: The UK's most valuable brands, according to WPP Uber Eats admitted it’s changing how drivers [...]
Regulator calls in Paypal’s $2.2bn iZettle merger on day it completes September 20, 2018 The UK's competition regulator has called in Paypal's $2.2bn (£1.7bn) acquisition of Swedish payments firm iZettle on the day it completes. The Competition and Markets Authority (CMA) will investigate whether the merger would lessen competition between payment platforms in the UK, with the firms remaining separate until the CMA concludes its probe. Nevertheless, Paypal said the [...]
Regulator calls in Paypal’s $2.2bn iZettle merger on day it completes September 20, 2018 The UK's competition regulator has called in Paypal's $2.2bn (£1.7bn) acquisition of Swedish payments firm iZettle on the day it completes. The Competition and Markets Authority (CMA) will investigate whether the merger would lessen competition between payment platforms in the UK, with the firms remaining separate until the CMA concludes its probe. Nevertheless, Paypal said the [...]
Equifax fined maximum £500,000 for data breach affecting 145m people September 20, 2018 Credit rating agency Equifax has received the maximum possible fine of £500,000 for a data breach affecting up to 15m Brits. UK data protection regulator the Information Commissioner’s Office (ICO) said the penalty reflected its opinion that the US giant “has no excuse” for failing to follow its own internal policies and the law, [...]