Anglo American’s platinum arm cuts production after plant shuts March 6, 2020 Anglo American’s shares dropped 9.5 per cent today after the firm’s platinum arm was forced to shut down its platinum plant, declaring force majeure as it did so. The mining giant said that it had done so due to a high risk of an explosion in its phase B unit, which had been commissioned to [...]
Bob Diamond appoints ex-Barclays colleague Rich Ricci to lead Panmure Gordon March 6, 2020 Bob Diamond has hired his former right-hand man from his time at Barclays to head up loss-making stockbroker Panmure Gordon. Diamond appointed Rich Ricci as chief executive of London-based Panmure, which he acquired two years ago. The former Barclays boss will be reunited with 56-year-old American investment banker Ricci, who ran the old Barclays capital [...]
Cineworld says coronavirus has not hurt ticket sales amid Bond movie delay March 6, 2020 Cineworld has not observed any “material impact” from the coronavirus outbreak on ticket sales, despite the delayed release of the new James Bond film, it said today. The cinema chain attempted to allay fears after its shares fell another seven per cent amid analyst concerns Covid-19 could wipe as much as $5bn (£3.9bn) off the [...]
Aubrey Beardsley at Tate Britain review: Delight in these sinister, bawdy drawings that railed against Victorian prudishness March 6, 2020 “I am nothing if I am not grotesque,” Victorian illustrator Aubrey Beardsley once said when asked to explain his art. It’s a fitting summary for the new exhibition of his work at Tate Britain, which takes the viewer on a tour of life’s darker and more sinister corners. Wandering its 15 rooms, you are shunted [...]
Nissan puts £400m into Sunderland factory despite Brexit tariff fears March 6, 2020 Nissan will invest £400m into its Sunderland plant in a much needed boost for the facility, the future of which has been in doubt due to fears over possible tariffs post Brexit. The investment comes as Nissan ramps up its preparations for its new Qashqai model, including a £52m new press line, which was unveiled [...]
Sterling strikes back March 6, 2020 GBP / EUR Update The pound started the week on the back foot after a tough end to last week. Brexit concerns weighed heavily after the UK stated it would walk away from unsatisfactory negotiations. The EU feels that this will not be the case, but the overall view is that both sides are underestimating [...]
I Think We Are Alone at Theatre Royal Stratford East review: Kathy Burke’s influence looms large on heartfelt black comedy March 6, 2020 “Be kind, for everyone you meet is fighting a hard battle.” It’s a quotation from Scots poet Ian McLaren, now being misattributed to Plato on Instagram feeds everywhere. It’s also the message I Think We Are Alone, the black comedy being toured by physical theatre troupe Frantic Assembly to mark its 25th anniversary, wants to [...]
Oil prices fall again as Russia rejects further Opec cuts March 6, 2020 Oil prices plunged four per cent today after Russia rejected oil cartel Opec’s proposal to deepen production cuts by an additional 1.5m barrels per day until the end of the year. The drop means that prices are at their lowest point since July 2017 after a source told Reuters Russia would only agree to extend [...]
Military Wives review: The Full Monty meets Keep Calm and Carry On in predictable Britcom March 6, 2020 If someone decided to make a film adaptation of the Keep Calm and Carry On poster, it would probably turn out a bit like Military Wives. Directed by The Full Monty’s Peter Cattaneo, it’s a similar tale of good old-fashioned British grit triumphing against the odds – except instead of steelworkers it’s about soldiers’ wives, [...]
BT ‘to slash executive pensions’ in pay shake up March 6, 2020 BT is reportedly set to cut its top executives’ pension allowances and link their bonuses to sustainability targets, as part of an executive pay shakeup by the telecoms giant. BT has started the latest phase of a shareholder consultation including a proposal to slash chief executive Philip Jansen’s maximum remuneration package from £8.3m to £5.6m, [...]
