£2bn loss in 15 mins: THG in the dark over what caused share price drop of 35 per cent October 13, 2021 THG said today it still has not figured out what caused the online retailer’s share price to nosedive by 35 per cent during a shareholder meeting yesterday afternoon, wiping £2bn off its value. The firm’s management stressed they had not revealed any new information that might have caused such a major swing in the embattled [...]
Brexit: Boris Johnson never understood what leaving Customs Union meant, says Cummings October 13, 2021 Prime Minister Boris Johnson never fully understood what the Withdrawal Agreement with the EU really meant, his former chief adviser has said. Dominic Cummings said in a provocative series of tweets that he had always intended to get “the trolley” – his derogatory nickname for the Prime Minister – to “ditch the bits we didn’t [...]
Flexible working more important than salary for three in four professionals October 13, 2021 Flexible working has overtaken salary as the top benefit to employees, highlighting that flexibility and autonomy over the working day is now more important than financial reward for most workers. Three quarters of respondents of a new survey believe that in the future having an office space will be considered an employee benefit as opposed [...]
EU’s Brexit peace offering includes removal of 50 per cent of customs checks on British goods October 13, 2021 European Commission vice president Maros Sefcovic is expected to present a number of proposals later today aimed at resolving the political stand-off between the UK and EU over the movement of goods across the Irish sea. He has promised the measures will be “very far-reaching”. The Telegraph reports the EU will offer to remove up [...]
UK starts talks with Italy on £38bn export and investment deal in post-Brexit trade push October 13, 2021 The UK has started talks with Italy on a new export and investment deal which should expand trade between the two European countries. Speaking alongside Italian minister of foreign affairs and international cooperation Luigi Di Maio in Sorrento, Italy, the new International Trade Secretary, Anne-Marie Trevelyan, said that “enhancing our bilateral relationship with Italy is [...]
National bravery award for ‘London’s hardest cop’ who fought off machete attacker October 13, 2021 A national bravery award has been awarded to a Leyton police officer dubbed “London’s hardest cop” after single-handedly fighting off a machete attacker has received a national bravery award. Pc Stuart Outten was repeatedly struck over the head with a 2ft-long blade after stopping Muhammad Rodwan’s white van for having no insurance in Leyton, east [...]
While you were asleep: Fire breaks out at London tower block in Battersea October 13, 2021 A fire raged at a block of flats in south-west London, leading to a woman and her child being taken to hospital. The blaze took hold in a flat on the 20th floor of a high-rise on Westbridge Road in Battersea. Three people left the affected flat while another 50 people left the building before [...]
Charlotte Tilbury hit with Instagram ban over posts from Made in Chelsea star October 13, 2021 Beauty brand Charlotte Tilbury was faced with an Instagram ban this morning after ads from Made in Chelsea star Eliza Batten failed to mention that they were paid-for posts. An Instagram reel and story posted by former Made In Chelsea star Eliza Batten in January showed her applying various Charlotte Tilbury products, with a swipe-up [...]
US to open land borders with Mexico and Canada for fully vaccinated in November October 13, 2021 The US plans to end a 19-month land border closure due to the Covid-19 pandemic in November. The country will require all international visitors to be vaccinated. Vehicle, rail and ferry travel between the US and Canada and Mexico has been largely restricted to essential travel, such as trade, since the earliest days of the [...]
‘Transformer’: Hasbro CEO Brian Goldner dies aged 58 two days after taking medical leave October 13, 2021 Hasbro chief Brian Goldner has passed away aged 58, the company said this morning. The announcement came two days after the company based in Pawtucket, Rhode Island, said Mr Goldner was taking a medical leave of absence. As chief executive and chairman, Goldner spearheaded Hasbro’s transformation from a toy company to an entertainment force. Hasbro [...]