Lookers shares dive as suspected fraud delays financial results March 11, 2020 Shares in car dealership chain Lookers plunged this morning after the firm announced suspected fraud had delayed the publication of its financial results. Lookers’ share price dropped more than 18 per cent after it revealed last night that it had “identified potentially fraudulent transactions”. Lookers, which was scheduled to publish its 2019 results this morning, [...]
Health minister Nadine Dorries tests postive for coronavirus March 11, 2020 Health minister Nadine Dorries is in self isolation after testing positive for coronavirus. The number of confirmed cases of Covid-19 in the UK has hit 382 and six people in the UK have died from the virus so far. It was confirmed yesterday that the latest person to die was a man in his 80s [...]
City Moves for 11 March — Who’s switching jobs at Wavemaker, Waypoint Capital and CapitalRise? March 11, 2020 Today’s City Moves includes Wavemaker, Waypoint Capital and CapitalRise Wavemaker Wavemaker UK has announced the appointment of Elliott Millard as head of planning. Based in London, Elliott will lead a team of 65 planners, taking responsibility for the strategic element of key new business pitches. Elliott brings over 18 years of media industry leadership experience [...]
Hugo Boss’ name might suffer, but the brand will survive March 11, 2020 Luxury fashion label Hugo Boss made headlines earlier this month when comedian Joe Lycett legally changed his name to… Hugo Boss. The move was in reaction to a small independent brewery contacting his consumer rights show Got Your Back to complain that they’d been forced to spend thousands in legal fees and rebranding from Boss [...]
Entrepreneurs’ relief: A tax break unravels? March 11, 2020 Chancellor Rishi Sunak’s first Budget beckons, and business founders will be looking out for one announcement in particular: will he scrap entrepreneurs’ relief? The controversial tax break enables people who start their own successful businesses to pay less capital gains tax when they eventually sell it on. It was originally intended to encourage people to [...]
Rebel platoon gives government a scare March 11, 2020 Despite the best efforts of the government, today’s Budget will be the Coronavirus Budget. As much as Downing Street wants to refocus the conversation — even for a day — on its “levelling up” agenda, attention will inevitably fall on the chancellor’s economic antidote to the effects of the outbreak. But it isn’t just ministers [...]
The coronavirus could cause flexible working to go viral March 11, 2020 With each day that passes, it becomes clearer that the world is facing a once-in-a-generation crisis of public health. With Italy now locked down and governments around the world scrambling to contain Covid-19, there is no doubt that the impact on daily life across the globe will exceed anything seen before in most of our [...]
Should the Bank of England consider an emergency interest rate cut in response Covid-19? March 11, 2020 Should the Bank of England consider an emergency interest rate cut in response Covid-19? Vicky Pryce, former joint head of the Government Economic Service and author of It’s the Economy, Stupid, says YES. This is an emergency situation and emergency measures are needed. The Budget needs to focus on providing short-term help, but a joint [...]
Hybrids and holidays: McLaren set for race against time March 11, 2020 McLaren boss Mike Flewitt could be forgiven for being more than a little fed up with surprise announcements. It’s no easy feat to completely reconfigure the launch of your latest supercar when Europe’s flagship motor show is cancelled with barely three days before the curtain comes up, but that’s what McLaren was forced to do [...]
RB Leipzig 3-0 Tottenham: Meek Spurs dumped out of the Champions League as pressure mounts on Mourinho March 10, 2020 This time there was no comeback. Lucas Moura, the hat-trick hero of that famous night in Amsterdam 10 months ago, was on the pitch for Tottenham, but the magic of that Champions League semi-final second leg was nowhere to be seen in Leipzig tonight. That was to be expected. Even before kick-off in east Germany [...]
