Bonus backlash: John Lewis workers angered by awards for senior staff September 23, 2021 Retail group John Lewis Partnership has angered employees after senior managers received awards while a wider partnership bonus was denied for the first time. Almost 4,000 special contribution awards were made last year, it was first reported by The Financial Times, including to 16 managers, out of an 79,000-strong workforce. A wider percentage award was [...]
British Airways ditches Gatwick after union scuppers plans for cut-price subsidiary September 23, 2021 British Airways has canned plans to launch a budget subsidiary based out of Gatwick airport and will instead pull out of the airport permanently. BA pulled operations out of Gatwick at the beginning of the Covid pandemic and had planned to relaunch there, but with a budget unit. However, the launch a short-haul subsidiary at [...]
Meet Deborah Finkler: The first female leader of City firm Slaughter and May September 23, 2021 Deborah Finkler will be Slaughter and May’s first female managing partner as the Magic Circle firm restructures its executive team. Finkler, a graduate from the University of Cambridge, where she studied economics and law, became a partner at Slaughter and May 30 years ago, after five years as an associate at the company. She was one [...]
BP to ration fuel amid driver shortages September 23, 2021 BP has announced fuel will be rationed as the shortage of heavy goods vehicle drivers drags on the oil giant’s petrol and diesel supplies. At a government meeting last Thursday, BP told officials that last the company’s ability to transport fuel from refineries to its network of forecourts was faltering. Fuel will now be rationed [...]
French Connection shares jump 15 per cent following takeover offer September 23, 2021 French Connection’s share price has surged after the ailing company announced it had received a generous takeover offer from a group of shareholders. The British retailer, made famous by its controversial FCUK logo, has struggled during the pandemic making an operating loss of £11.7m in 2020 after sluggish sales caused revenue to fall by 40.4 [...]
Shell forecourt stores join Uber Eats as popularity grows for speedy groceries September 23, 2021 Shell petrol station shops have partnered with Uber Eats, meaning consumers will have 24 hour access to grocery products. Some 340 forecourt stores are joining the delivery platform after the company left a partnership with Deliveroo. More than 250 of the stores are available for orders 24 hours a day. More than 750 products will [...]
Chinese authorities warn local governments to brace for Evergrande collapse September 23, 2021 Chinese authorities have told local governments to brace for the ripple effects if heavily indebted property developer Evergrande collapses. According to the Wall Street Journal, local governments in China have been tasked with stemming the damage inflicted on homeowners and preventing civil unrest if Evergrande folds. The property developer was scheduled to make an interest [...]
Sabina Nessa: Teacher murdered just five-minute walk from London home September 23, 2021 Teacher Sabina Nessa was murdered just a five-minute walk away from her home in south-east London, detectives have said, months after the murder of fellow young woman Sarah Everard. Detective Inspector Joe Garrity said: “Sabina’s journey should have taken just over five minutes but she never made it to her destination. “We know the community [...]
New Lotus Emira First Edition to cost £75,995 September 23, 2021 Lotus has confirmed prices for the launch-spec Emira V6 First Edition, a 'fully loaded' version of its new-era sports car.
Top chef Richard Corrigan on his great love of native oysters September 23, 2021 Native oysters would definitely be on the menu for my last meal. When I was growing up in the west of Ireland, we’d often have a plate of native oysters, with some soda bread and butter. The flavour is so distinctive it immediately takes me back to those days, so it’s something very special to [...]
