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, [...]
Transport secretary Chris Grayling: Re-nationalising UK rail network won’t solve problems September 20, 2018 Transport secretary Chris Grayling today denied that re-nationalising the UK’s railways would solve transport problems that have plagued commuters this year. Calling for an overhaul of the UK’s rail network, Grayling outlined a number of possible routes after the publication of a damning report into the health of the system, but said re-nationalisation would not [...]
Transport secretary Chris Grayling: Re-nationalising UK rail network won’t solve problems September 20, 2018 Transport secretary Chris Grayling today denied that re-nationalising the UK’s railways would solve transport problems that have plagued commuters this year. Calling for an overhaul of the UK’s rail network, Grayling outlined a number of possible routes after the publication of a damning report into the health of the system, but said re-nationalisation would not [...]
US-China trade war: Alibaba founder Jack Ma breaks 1m US jobs pledge September 20, 2018 Alibaba boss Jack Ma no longer believes his retail giant can create 1m US jobs, blaming America’s ongoing trade war with China. "The promise was made on the premise of friendly US-China partnership and rational trade relations," Ma said. "That premise no longer exists today, so our promise cannot be fulfilled,” he told Chinese news [...]
US-China trade war: Alibaba founder Jack Ma breaks 1m US jobs pledge September 20, 2018 Alibaba boss Jack Ma no longer believes his retail giant can create 1m US jobs, blaming America’s ongoing trade war with China. "The promise was made on the premise of friendly US-China partnership and rational trade relations," Ma said. "That premise no longer exists today, so our promise cannot be fulfilled,” he told Chinese news [...]
Guinness brewer Diageo warns currency volatility will hit profits September 20, 2018 British brewer Diageo today warned that volatility in the currency market is set to damage sales and profits. Sales will be reduced by £175m this year, the firm behind Guinness, Gordon’s Gin and Baileys said. Meanwhile operating profits will drop by £45m. It issued the warning ahead of its annual general meeting (AGM) later today, [...]
Guinness brewer Diageo warns currency volatility will hit profits September 20, 2018 British brewer Diageo today warned that volatility in the currency market is set to damage sales and profits. Sales will be reduced by £175m this year, the firm behind Guinness, Gordon’s Gin and Baileys said. Meanwhile operating profits will drop by £45m. It issued the warning ahead of its annual general meeting (AGM) later today, [...]
Aston Martin confirms London IPO could drive valuation to over £5bn September 20, 2018 Aston Martin’s IPO could value it at over £5bn, it confirmed today. The luxury carmaker is getting into gear for its stock market debut, setting its share price range as between £17.50 and £22.50 for ordinary shares. Read more: Aston Martin to hire Penny Hughes to lead £5bn float That range would give the British [...]
Aston Martin confirms London IPO could drive valuation to over £5bn September 20, 2018 Aston Martin’s IPO could value it at over £5bn, it confirmed today. The luxury carmaker is getting into gear for its stock market debut, setting its share price range as between £17.50 and £22.50 for ordinary shares. Read more: Aston Martin to hire Penny Hughes to lead £5bn float That range would give the British [...]
Cathay Pacific sees the funny side after spelling its name wrong on side of airplane September 19, 2018 Cathay Pacific sent a plane back to the painters today after spotting a typo in its logo adorning the side of the jet. Travellers clocked the spelling error at Hong Kong International Airport and notified the airline, which said it would be giving the plane a hasty paint job. Oops this special livery won’t last [...]
