Ed Woodward resigns as Man United chief April 20, 2021 Ed Woodward has resigned as executive vice chairman of Manchester United due to the backlash over the proposed European Super League, it was tonight confirmed. He will stand down at the end of 2021. Woodward said in a statement: “I am extremely proud to have served United and it has been an honour to work [...]
Production delays weigh on Netflix as firm misses new subscriber forecasts April 20, 2021 Netflix added fewer subscribers that than predicted in the first quarter as its pandemic momentum slowed up due to production difficulties. The tech giant added 3.98m subscribers in the first three months of 2021, below the 6.3m forecast by Refinitiv analysts. The misstep sent shares tumbling 10 per cent in post-market trading. In a statement, [...]
Next CEO Lord Simon Wolfson’s pay jumps 28 per cent despite profit plunge, shut stores and furloughed staff April 20, 2021 Next boss Lord Simon Wolfson's pay jumps 28 per cent despite profit slump, closed stores and furloughed staff
Downing Street cancels televised press briefings after spending £2.6m on new studio April 20, 2021 Boris Johnson has moved to cancel plans to start White House style televised press briefings, after spending £2.6m on a new studio in Number 9 Downing Street. The Times is reporting that Allegra Stratton, previously hired as press secretary to run the press conferences, would become the Prime Minister’s spokesperson for the COP26 climate conference. [...]
Veterans minister Johnny Mercer sacked by Boris Johnson April 20, 2021 Veterans minister Johnny Mercer has been sacked by Boris Johnson, after earlier reports that he was preparing to resign over court cases involving ex-British soldiers in the Troubles. It was reported earlier today that Mercer had clashed with defence secretary Ben Wallace and Northern Ireland secretary Brandon Lewis over the government not halting investigations into [...]
Apple Event: New, thinner iMac is making the ‘computer disappear’ April 20, 2021 Tech giant Apple has this evening announced a raft of new products including podcast subscription services and a thinner version of its iMac computer. The Silicon Valley firm said that the new version of its computer, which uses its in-house processor, was the closest Apple had yet come to “making its computers disappear”. The new [...]
European Medicines Agency backs J&J Covid-19 vaccine despite rare cases of blood clotting issue April 20, 2021 EMA backs J&J Covid-19 vaccine despite rare cases of blood clotting issue
Fears of new variants drives FTSE down two per cent April 20, 2021 London’s main market plunged two per cent today, wiping out last week’s gains amid a bad day for big tobacco. The index joined in a global stock market rout on Tuesday, ending the day at 6,859.87, down 140.21 points. The drop pushed the FTSE 100 back through the symbolic 7,000 point mark it smashed last [...]
Daily Mail files competition lawsuit against Google over royal coverage April 20, 2021 The Daily Mail has filed an antitrust lawsuit against Google over allegations the tech giant unfairly manipulated its rankings in search results. In the suit filed in Manhattan federal court, the newspaper’s parent company accused Google of punishing publishers’ search rankings if they do not sell enough advertising space through Google’s marketplace. The Daily Mail’s [...]
Chemical giant Innospec ends Elementis pursuit as $1.3bn bid rejected April 20, 2021 US chemicals giant Innospec has today pulled out of its pursuit of FTSE 250 firm Elementis after a $1.3bn (£930m) bid for the firm was rejected. Last night Sky News reported that the US firm had tabled a bid for the fellow chemicals firm. In a statement after markets closed in the UK today, Elementis [...]
