Boris Johnson prepares mini-cabinet reshuffle as new Tory MPs arrive December 16, 2019 Prime Minister Boris Johnson will welcome his new tranche of Conservative MPs when they arrive in Westminster later today before the first day of the new parliament. Johnson, whose decision to call a snap election paid off in resounding fashion last week when voters returned him to Downing Street with what he called a “stonking” [...]
General Election night: Who are the big MP casualties? December 13, 2019 As Frankie Valli once sang, oh what a night. On a night of a seismic shift in the UK’s political landscape, there were some huge MP casualties. Boris Johnson’s Conservatives delivered a resounding victory in a pivotal General Election that saw a throng of Labour seats turn blue. The Tories won in London seats such [...]
General Election: Boris Johnson praises ‘stonking mandate’ for Brexit December 13, 2019 The Tories have won their biggest parliamentary majority since 1987 in a night where Labour seats turned blue in a transformative General Election. Boris Johnson’s strategy to break the parliamentary deadlock succeeded spectacularly to see the Prime Minister return to parliament with at least a 362 seats. That is well above Labour’s disastrous election returns, [...]
Superdry swings to £4.2m loss as Dunkerton hits reset button December 12, 2019 Superdry’s swung to a £4.2m loss in its first half-year results under co-founder Julian Dunkerton since his return to the helm, the firm revealed today. Read more: Saga appoints ex-Superdry boss Euan Sutherland as new CEO The figures Superdry witnessed underlying profits implode as they sank 98.4 per cent year on year to just £200,000 [...]
Dixons Carphone narrows losses as turnaround stings retailer December 12, 2019 Dixons Carphone narrowed losses in its latest half-year performance but a turnaround strategy took its toll on profits, the mobile phone seller revealed today. Read more: Dixons Carphone suffers investor backlash over pay The figures Dixons Carphone pared its loss before tax back to £86m, from a deep loss of £440m this time last year. [...]
DWF pays €50m for Spanish law firm Rousaud Costas Duran December 11, 2019 Listed London law firm DWF is set to pay €50.5m (£42.5m) for Spanish law firm Rousaud Costas Duran (RCD) in a move designed to expand its presence in the country. The acquisition will bring 40 new partners and 400 staff to DWF and will give it offices in Madrid, Barcelona and Valencia. Read more: These [...]
Saga appoints ex-Superdry boss Euan Sutherland to CEO role December 11, 2019 Over-50s insurer Saga has found a new chief executive in the former boss of Superdry, Euan Sutherland. Sutherland will start at Saga on 6 January, replacing retiring boss Lance Batchelor, who will leave the business at the end of January. Read more: Saga could sell care operations under Elliott break-up threat Sutherland recently quit the [...]
Trump impeachment: House Democrats charge President with ‘high crimes and misdemeanours’ December 10, 2019 The Democrats have unveiled formal impeachment charges against US President Donald Trump today. The Trump impeachment charges concern withholding military aid from Ukraine in a bid to pressure the country into opening an investigation into the President’s political rival, Democrat Joe Biden. Jerrold Nadler, the House Judiciary Committee chairman, charged Trump with “high crimes and [...]
Computacenter reveals profit is ‘well ahead’ of expectations December 10, 2019 Computacenter gave investors a pleasant surprise today by stating it is “well ahead” of forecasts for the current financial year. Profitability and earnings per share are on track to beat full year expectations, the IT supplier said, sending its share price up as much as seven per cent to 1,639p. Read more: Computacenter shares surge [...]
Lidl sales help it hit record stake in UK supermarket sector December 10, 2019 The biggest supermarkets shed yet more market share to discounters Aldi and Lidl in the three months to the start of December, new data out today reveals. The big four grocers saw their collective market share drop by over one per cent to 67.7 per cent as people delayed their Christmas shopping and Black Friday [...]
