London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Ex-Flybe shareholders eye legal action against former directors August 17, 2020 Former Flybe shareholders are reportedly examining legal action over a cut-price sale of the budget airline in early 2019. A group of retail investors want to take former directors to court over allegations they put out inaccurate statements, the Mail on Sunday reported. Shareholders received just 1p per share when the airline was sold in [...]
Market shock: how did investors react to the impact of Covid-19? August 17, 2020 Coronavirus brought a decade-long US bull market to an end and sparked a sudden stock market collapse. A surprising proportion of investors responded by taking on more risk. Faced by of one of the biggest economic shocks in history it is little surprise that the vast majority of investors reacted by changing their portfolios. What [...]
GCSE results in Northern Ireland to be based on predicted grades August 17, 2020 Pupils in Northern Ireland will receive teacher predicted grades for their GCSEs, the education minister said. Ahead of the publication of GCSE results on Thursday education minister Peter Weir said that “exceptional circumstances” meant that pupils would receive predicted grades as their final mark. “Having received advice from CCEA and listened to the concerns of [...]
UK wages fall steeply in August as job fears grow August 17, 2020 UK households suffered a fall in wages in August and reported increased fears about job security, a survey published today said. The IHS Markit UK Household Finance Index (HFI) – which measures households’ overall perceptions of financial wellbeing – fell from 41.5 in July to 40.8 in August, “signalling a further, slightly sharper, deterioration in [...]
Tata Motors denies it plans to sell its stake in Jaguar Land Rover August 17, 2020 Tata Motors has denied reports it plans to sell its stake in Jaguar Land Rover after talks with the government to secure a rescue package broke down. Talks with the carmaker and Tata Steel, which are both owned by the Indian conglomerate Tata Group, broke down after the Treasury concluded the group did not qualify [...]
Petropavlovsk appoints interim CEO after boardroom battle August 17, 2020 Under-fire gold miner Petropavlovsk appointed an interim chief executive today after an activist investor succeeded in blocking the reappointment of its former boss. Maksim Meshcheriakov will also be a candidate for the permanent position after Pavel Mavlovskiy’s return was scuppered by 7.5 per cent shareholder Everest. Founder of the Russia-focused miner Peter Hambro, and temporary [...]
Coronavirus: New Zealand delays election as South Korea battles fresh outbreak August 17, 2020 New Zealand has delayed its general election by a month and South Korea has warned of a looming crisis as both countries battled a fresh spike in coronavirus infections. Prime Minister Jacinda Ardern today announced that the vote would be pushed back from 19 September to 17 October due to Covid-19 concerns. Ardern had come [...]
Meat producer Cranswick boosts revenue 25 per cent on strong lockdown demand August 17, 2020 Sausage-and-pie producer Cranswick today said its revenue for the first quarter was nearly 25 per cent ahead of the same period last year thanks to strong retail demand during lockdown. The company said revenue in the 13 weeks to 27 June was 24.8 per cent ahead of the same point the previous year. Cranswick said [...]
UK housing market surges in busiest month in 10 years August 17, 2020 Brits have turned to home-buying to fill the summer holiday void post-lockdown as the UK housing market’s “mini-boom” accelerated in August. Rightmove’s latest house price index released today reveals the highest number of monthly sales in more than 10 years in August. It is up by 20 per cent on the previous high, and with [...]
