Demolition of M&S Oxford St store put on hold by Gove April 20, 2022 The bulldozing of the iconic Marks & Spencer building on Oxford St has been put on pause by the government. According to a report by the BBC, Michael Gove asked Westminster council to press pause on a demolition application. Under an Article 31 holding direction, a local authority cannot green light planning permission until ministers [...]
Letters: Stop paying out without result April 20, 2022 [Re: Deloitte wins £9m contract with government, April 12] Last week, Deloitte won a new £9m contract with the government, having previously won a £4.8m deal, for work on One Login – a type of digital identity system for across government services. Currently, around half of the 370 different services on gov.uk have their own [...]
FirstGroup snatches former telecoms boss for chief executive role April 20, 2022 Former telecoms boss Graham Sutherland was appointed chief executive of FirstGroup, the transport colossus announced today. The new boss will assume office from 16 May. Sutherland – who was previously at the helm of LSE-listed telecommunications company KCOM from 2018 until its sale to an infrastructure fund – will succeed Matthew Gregory, who stepped down [...]
Vaccine manufacturer Oxford Biomedica warns of Covid-19 cliff edge April 20, 2022 Oxford Biomedica, which helped manufacture the AstraZeneca Covid-19 vaccine, has enjoyed a revenue boost of more than 60 per cent, thanks to its frontline position in tackling the pandemic. The London-listed cell and gene therapy group pulled in £142.8m in the year to 31 December, up from £87.7m in 2020. However, the firm has warned [...]
Buyout giants rule out backing Musk bid as takeover interest heats up April 20, 2022 A host of buyout giants have ruled themselves out of backing Elon Musk’s hostile takeover of twitter over concerns the tech giant cannot boost its profitability.
Former eBay exec set to plead guilty after cyberstalking campaign April 20, 2022 A former eBay executive plans to plead guilty to federal charges that he planned a cyberstalking campaign that targeted a couple whose online newsletter EcommerceBytes made digs at eBay.
Explainer-in-brief: a social tariff to keep the heating on April 20, 2022 Energy bosses yesterday called for a social tariff to try and ease pressures on those hit hardest by the spike in energy prices. Such a plan would require the government to implement legislation for a tariff below the Ofgem price cap – which is subject to variability in energy prices. It would require each provider [...]
Film and TV’s pandemic recovery: Keep the show on the road April 20, 2022 A government scheme kept production firms going during Covid-19. As the scheme closes, Leah Montebello asks whether the City is ready to step in.
33 reasons not to invest in the stock market April 20, 2022 Wars, natural disasters, economic strife, and pandemics – the last four decades have challenged and affected people’s attitude towards investing. In many cases they make an already tough decision to commit your money to investments even harder, leading some to not invest at all. Behavioral scientists have a name for this: loss aversion. They estimate [...]
Johnson: BBC and Archbishop Welby ‘less vociferous’ in criticism of Putin than Rwanda refugee policy April 20, 2022 Prime minister Boris Johnson has hit out at the BBC and Archbishop of Canterbury over criticism of his controversial Rwanda refugee policy. The embattled PM accused the national broadcaster and Anglican leader of being “less vociferous” in their criticism of Vladimir Putin’ war in Russia, than the policy, according to the Telegraph. This comes after [...]
