Ford to cut 12,000 jobs across Europe and close five sites including its Bridgend engine plant June 27, 2019 Car manufacturer Ford has announced plans to cut 12,000 jobs across its European operations by the end of 2020 as it continues to streamline its business. The company, which employs 51,000 people across the continent, is also planning to close five European sites in total, including its engine plant at Bridgend in Wales. Read more: [...]
Japanese firms ‘very concerned’ about prospect of no-deal Brexit, warns foreign minister June 27, 2019 Japan’s foreign minister has urged the UK to avoid a no-deal Brexit, admitting that Japanese firms are “very concerned” by the possibility. Taro Kono has warned the Tory leadership hopefuls, Boris Johnson and Jeremy Hunt, that a failure to agree on a withdrawal bill will have “very negative” implications for the 1,000 Japanese companies operating [...]
Unilever and SAP lead £4m investment round in digital reward platform WeGift June 27, 2019 The likes of SAP and Unilever have led a £4m investment round into London startup WeGift, which is aiming to become the first real-time digital reward platform. The company secured the £4m Series A funding, which was also led by venture capital firm Stride, as it also reported a 500 per cent growth in annual [...]
Europe heatwave 2019: Temperatures soar above 40C as Sahara bubble engulfs continent June 27, 2019 A heatwave currently engulfing Europe has seen temperatures reach record highs. Germany, Poland and the Czech Republic all experienced their highest-ever temperature recorded for June on Wednesday and there is little sign of the heat abating as the weekend approaches. Other countries, such as France and Switzerland, are expecting temperatures to surpass 40C (104F) on [...]
Staffline seeks to raise £41m to ease debt fears June 27, 2019 Recruitment firm Staffline has this morning announced plans to raise up to £41m by selling off shares to private investors and current shareholders. The UK-based company is seeking to make £34m through a placing, with a further £7m to come from an open offer. Read more: PwC fined £4.5m for ‘lack of competence’ in Redcentric [...]
Road to redemption: Dan Evans is Britain’s best bet at Wimbledon after bouncing back from ban June 26, 2019 It took Dan Evans having everything taken away from him to realise what he had put at jeopardy. In the 13 months since returning from a year ban for taking cocaine, he has climbed over 1,000 places in the world rankings to return to the top 100. In the last month he has excelled on [...]
Leicester Tigers are up for sale as Premiership Rugby enters new era following CVC investment June 25, 2019 On Monday, Coventry City owner Joy Seppala claimed that Premiership rugby clubs had “topped out” and reached their full potential, in reference to Wasps, who she believes want to buy her League One side. But Tuesday’s news that Leicester Tigers have launched a formal sale process following a string of interested investors, shows a clear [...]
African Cup of Nations: Why Liverpool’s Premier League preparations will be affected by the tournament June 20, 2019 Together they have conquered all of Europe. Now it’s time to take on Africa. Liverpool’s Mohamed Salah and Sadio Mane will both go in search of a maiden Africa Cup of Nations title over the coming weeks, but this time only one of them can come out on top. Salah’s Egypt, the hosts, kick off [...]
The numbers that show Lewis Hamilton is approaching Michael Schumacher levels of dominance in Formula One June 18, 2019 His win in Canada may have been one of the most controversial Lewis Hamilton has claimed but what cannot be disputed is that the Briton is now dominating Formula One to an almost unprecedented level. At times such as two weekends ago, when he was handed the victory by race officials’ decision to penalise Sebastian [...]
Shell Energy to pay £390,000 after overcharging customers June 14, 2019 Shell Energy Retail has had to pay £390,000 in compensation and refunds after overcharging 12,000 customers. The utility company overcharged the customers on its default tarrifs after the energy price cap was introduced at the start of this year. Read more: Sunny markets beckon for London energy supplier bulb The Energy watchdog, Ofgem, made the [...]
