TalkTalk down: Share price falls after “significant and sustained cyber attack” and Metropolitan Police hacking investigation revealed October 23, 2015 The Metropolitan Police has opened a criminal investigation after internet provider TalkTalk sustained a “significant and sustained cyber attack”, which has led to fears that customers’ details might have been hacked. It sent shares in the telecoms firm sliding more than 11 per cent in Friday morning trading. The issue first appeared at 3pm on Wednesday. However, according to [...]
HMRC helplines put callers seeking tax advice on hold for up to 41 minutes December 14, 2014 The government yesterday pledged to improve services for people seeking tax advice, after a survey found almost 30 per cent of calls to two helplines were cut off. The consumer watchdog Which? found 29 out of 100 callers seeking advice before a tax return deadline received instead an automated message. Callers were put on hold [...]
Smokehouses will be hot item in Britain next year, says BDO December 14, 2014 A BOOM in smokehouses and barbecues are among the restaurant predictions for 2015, according to advisory firm BDO. In its annual forecast, released today, BDO said this year saw “the continuing rise of the burger, [and] in 2015 we expect new concepts and roll outs in the smoke and barbecue world to have a great [...]
British dealmakers considerably increase their activity overseas December 14, 2014 WHILE deal making in Britain has seen a small increase in activity this year, domestic dealmakers acquiring assets overseas have increased considerably, according to data analysis by EY released today. The acquisitions have been driven by corporates across a few sectors keen to reposition their business models in a low-growth world. The volume [...]
Whitbread refreshed as Costa and Premier grow December 11, 2014 WHITBREAD yesterday said it was confident of delivering full-year results in line with expectations, after posting another strong quarter of growth from its Premier Inn hotels and Costa Coffee, as both businesses continued to win market share. In a statement, the group said its strong trading momentum from the first half continued into the third [...]
Censorship fears over Chinese PlayStation launch next month December 11, 2014 SONY should fear China’s censors almost as much as rival Microsoft when it launches its PlayStation 4 gaming console in the world’s third-largest gaming market next month, tech research firm Gartner suggested yesterday. Sony said the PlayStation 4 would go on sale in China from 11 January as it rushes to capitalise on the end [...]
Go-Ahead reports rising revenue December 11, 2014 BUS AND rail operator The Go-Ahead Group yesterday announced that its full-year expectations for both operations remain unchanged. It said trading for the year-to-date had been robust, with revenue up across all business units. In a trading update, the company said it expected revenue to be up about four per cent in its regional bus [...]
South Africa’s investment corp rings in changes December 11, 2014 South Africa’s Public Investment Corporation yesterday promoted chief investment officer Daniel Matjila to chief executive officer. Matjila’s appointment follows the surprise resignation in May of Elias Masilela, from the state-owned pension fund manager’s top job. Masilela, who had been in the role since 2011, never explained his decision to quit. The PIC, Africa’s biggest and [...]
NHS would be in trouble without migrant workers December 10, 2014 The NHS would be “in dire straits” without migrant workers, one of the UK’s senior economists claimed yesterday. Office for Budget Responsibility board member Stephen Nickell told the Treasury Select Committee that 35 per cent of health professionals came from outside the UK. When asked whether immigration had a positive or negative impact on the [...]
Bosses at miner Hochschild take a 30pc pay cut December 10, 2014 HOCHSCHILD Mining yesterday said its chairman would become non-executive chairman, and non-executive directors would take an estimated 30 per cent pay cut as part of an ongoing cost-cutting drive after it was hit by falling precious metals prices. In a statement, the company said chairman Eduardo Hochschild would become non-executive chairman from the start of [...]
