Ukip wins second MP but Labour loses shadow attorney general November 20, 2014 Ukip was on course for a second seat in the House of Commons last night as former Conservative MP turned Ukip member Mark Reckless looked certain to win back his seat after sparking a byelection when he defected. The Tories had hoped to hold on to the Rochester and Strood seat but were privately conceding [...]
Record results for Gatwick as it seeks to grow November 20, 2014 GATWICK airport revealed record passenger numbers and a strong set of results yesterday, as the debate over whether to expand it or its rival Heathrow hots up. Despite a drop in pre-tax profit, owing to accounting adjustments, the group posted an 8.6 per cent increase in turnover to £391.6m and profit before tax of £122.4m. [...]
Rochester & Strood by-election: Ukip set to win seat despite Mark Reckless’ EU repatriation row November 19, 2014 Ukip looks set to win a second seat in parliament today, despite an ugly row which has broken out within the party about comments made by candidate Mark Reckless over repatriation of EU migrants. Reckless claimed that European migrants living in the UK would be asked to leave the country if Ukip was the governing [...]
Uber boss Travis Kalanick sorry over inhumane dirt-digging row November 18, 2014 The chief executive of Uber, Travis Kalanick, issued a grovelling apology on Twitter yesterday after a senior member of his team said the company should dig up dirt on hostile journalists to retaliate for bad publicity. Kalanick branded the comments made by senior vice president for business at the ride-sharing company Emil Michael “terrible”, adding: [...]
Nomura Europe boss Jeremy Bennett quits after just 18 months November 18, 2014 The European chief executive of Nomura, Jeremy Bennett, has resigned his position after just 18 months to concentrate instead on work in the charitable sector. The surprise departure at the Japanese banking group follows a number of similarly sharp exits over recent years, including Bennett’s predecessor John Phizackerley who left in early 2013 after just [...]
EasyJet’s profits soar to new heights as passenger numbers rise November 18, 2014 Budget airline easyJet yesterday shrugged off concerns about an increasingly crowded low-cost airline market by announcing a 21.5 per cent rise in pre-tax profit to £581m. The no-frills carrier, which upgraded its profit forecast last month following strong sales, also announced it will increase its ordinary dividend per share by 35.5 per cent to 45.4p [...]
Labour: Ban out-of-work benefits payments to EU migrants for two years November 18, 2014 Labour has vowed to clamp down on the payment of out-of-work benefits to EU migrants in the UK if elected next year, promising to withhold payment for two years. Under current rules, EU migrants coming to the UK are able to claim benefits after three months, but Labour would increase this period to two years. [...]
Bombardier wins £145m contract to give Gatwick Express a facelift November 18, 2014 Trainmaker Bombardier has won a £145m contract to build 100 new railway carriages for the Gatwick Express route, operated by Govia Thameslink. The deal will refresh current stock on the line, which dates from the 1980s and has limited space for luggage onboard. Bombardier said yesterday that it would introduce 27 new trains into operation [...]
David Cameron warns voters not to abandon Tories ahead of 2015 general election November 17, 2014 David Cameron has done an about-turn on the economy, Labour’s Ed Miliband said yesterday. The Prime Minister, Miliband continued, was getting his excuses in early about the state of the UK’s finances, having spent months shouting about the strength of Britain’s recovery. About-turn or not, building on the “there is still more to do” [...]
“HMRC must do more, faster”: Slow action on tax avoidance is losing UK money, report claims November 17, 2014 The government department tasked with chasing tax avoidance schemes and recovering the cash is too slow, resulting in millions being lost, a report out today claims. The Public Accounts Committee looked into the process HM Revenue and Customs follows to recover tax lost through avoidance schemes and found that up to £10m from one particular [...]
