London Fashion Week: Extinction Rebellion protesters soak themselves in fake blood September 13, 2019 Extinction Rebellion protesters have doused themselves in fake blood as they stage a so-called die in at the start of London Fashion Week. The climate change activists also poured buckets of red liquid around the entrance to the annual trade event as they accused the fashion industry of having blood on its hands concerning its [...]
Sajid Javid could block Hong Kong bid for London Stock Exchange September 13, 2019 Chancellor Sajid Javid is set to decide on whether or not to block a £32bn bid from Hong Kong for the London Stock Exchange as a government intervention appears imminent. Javid is reportedly mulling whether to step in on public interest grounds, citing national security and financial stability risks after the Hong Kong Stock Exchange [...]
Woodford Patient Capital Trust share price sinks amid writedown September 13, 2019 Neil Woodford suffered a fresh blow today as shares in his listed investment fund dropped after it was forced into a writedown of the value of a holding. Woodford Patient Capital Trust’s (WPCT) share price sank 3.7 per cent in early trading after administrator Link marked down the unnamed holding. Read more: Woodford Trust and [...]
Heathrow drone protest: Airport ‘remains open’ as police make two arrests September 13, 2019 Heathrow has said its runways remain open today despite efforts by climate change protesters to disrupt flights after two men were arrested. The Metropolitan Police arrested the two men at 5.50am in the vicinity of the airport on suspicion of conspiracy to commit a public nuisance offence. Read more: Heathrow exec likens expansion plans to [...]
Defence industry cheers £1.25bn Royal Navy warship contract going to British giant Babcock September 12, 2019 Britain’s sinking shipbuilding industry has been thrown a lifeline after industry giant Babcock was tasked with building the Royal Navy’s latest fleet of warships. The once-thriving sector has been in decline for the last 40 years, with historic shipyards in Sunderland and Portsmouth being shuttered. Just last month, Belfast’s Harland and Wolff yard, which built [...]
Four-day working week ‘unrealistic’, finds Labour-backed report September 12, 2019 A four-day working week is unrealistic, according to a Labour party-commissioned report that undermines a policy the party is considering. Shadown chancellor John McDonnell tweeted that “something must change” after Lord Robert Skidelsky’s report said a reduction in working hours “is both desirable ethically and desired by most people”. Read more: John McDonnell poised to [...]
Labour pushes for parliament recall after Operation Yellowhammer sheds light on no-deal Brexit September 12, 2019 Labour has urged Prime Minister Boris Johnson to recall parliament after the release of Operation Yellowhammer documents the party said showed “severe risks” of a no-deal Brexit. MPs voted to force Johnson’s government to release the document before he prorogued parliament earlier this week until 14 October. Read more: Yellowhammer: Government’s no-deal Brexit documents revealed [...]
British American Tobacco to axe 2,300 jobs as it focuses on vaping September 12, 2019 British American Tobacco (Bat) is slashing 2,300 jobs across the company as it seeks to simplify its business and re-invest in vaping under its new CEO. Over 20 per cent of senior roles will disappear in the cull, said chief executive Jack Bowles, who added that the swathe of redundancies was “vital” to boost sales [...]
Fewer deaths hurt profits at The Co-op September 12, 2019 The Co-operative Group saw profits drop dramatically in the six months to July as the firm’s funerals business took a hit from an unexpected drop in the number of deaths. The figures Profit before tax sank to £25m, from £44m the year before owing to the funeral division’s poor performance. Revenue, however, rose 12 per [...]
Tom Watson pushes Labour to back second referendum before election September 11, 2019 Labour deputy Tom Watson is set to call on his party to adopt an anti-Brexit stance and focus on securing a fresh referendum before another UK general election. Watson will warn his party that a snap election sought by Prime Minister Boris Johnson would not resolve the current stalemate in parliament. Read more: Boris, Brexit [...]
