Politicians must show some tactical nous Never will you feel more English than when, the day after a crashing defeat, you find yourself debating the state of the country’s footballers. It is a half-century long tradition in this part of the UK, one that we repeat, like clockwork, every two years – except on the occasions when our national team fails to [...]
Mervyn King says Treasury’s exaggerated Brexit claims backfired The former governor of the Bank of England yesterday slammed George Osborne and his Treasury team over their Brexit campaign. And Lord Mervyn King said they would now need to row back from exaggerated claims that left him “baffled”. “I think the government said things it is not easy to sustain or support. If the [...]
City Moves for 22 June 2016 | Who’s switching jobs June 22, 2016 Blackwell’s Independent bookseller Blackwell’s has confirmed the appointment of its head of operations, Kate Stilborn, to the company’s board in the newly created role of customer service & operations director. Kate, who has been with Blackwell’s for 23 years, will oversee its commitment to delivering excellence in customer service across multiple channels, including online, and [...]
Tory big beast Ken Clarke to stand down at the next general election June 20, 2016 One of the biggest beasts to stride through contemporary British politics has announced his intention to stand down at the next General Election. Tory grandee Ken Clarke, MP for Rushcliffe, Nottinghamshire, since 1970, told China Daily: “I have told the officers of my constituency association that once we have finished the boundary changes, they had better [...]
Air travel body Iata: Global air passenger rate of growth dives to lowest since January 2015 May 30, 2016 Global demand for passenger travel in April rose 4.6 per cent – the slowest rate of growth since January 2015, the International Air Transport Association (Iata) said yesterday. And demand for air freight, measured in freight tonne kilometres, was up 3.2 per cent in April, but Iata head Tony Tyler said that was not a [...]
British cars zoom off the production line on the back of demand from overseas May 25, 2016 UK car makers today reported that their vehicles zoomed off the production line in April, on the back of increased overseas demand. Figures released today by the Society of Motor Manufacturers and Traders (SMMT) showed that almost 150,000 cars were built in the month, a 16.4 per cent increase on April 2015, and marking the ninth consecutive month of growth. [...]
Gap to close 75 Old Navy and Banana Republic stores globally May 19, 2016 Clothing retailer Gap yesterday said it plans to close all its Old Navy stores in Japan and some Banana Republics mostly outside of North America by the end of its business year due to a continuing sales slump. Gap added that it could not reaffirm its earnings outlook for the year after having projected in February adjusted [...]
Gin proves to be no mother’s ruin for Young’s and Co as sales soar May 19, 2016 A huge rise in demand for gin and sparkling wine gave Young’s and Co a tonic as the pub operator tapped into trends for premium drinks. Sales of sparkling wine rose by more than 25 per cent for the third year running, while the number of people downing spirits also increased. Gin, the drink du [...]
British Gas owner Centrica purchases ENER-G Cogen for £145m May 16, 2016 British Gas-owner Centrica has announced that it has agreed to buy ENER-G Cogen International from ENER-G Holdings PLC for £145m. ENER-G Cogen is a supplier and operator of combined heat and power products. It has around 1,400 units totalling over 500 megawatts under contract with a growing customer book, Centrica said. The firm operates predominantly [...]
