Want to help Australia after the bushfires? March 3, 2020 New extended working holiday visas for visitors to help with the recovery from the Australian bushfires If you’ve been shocked by the extensive devastation in Australia following the bushfires, you may be thinking about how you can help. When it seems like the rain will never stop in the UK, some time out travelling Australia [...]
Hammersmith Bridge to close for Boat Race spectators amidst safety fears March 3, 2020 The Hammersmith Bridge will be closed to spectators for the annual Boat Race, turning away thousands from the popular vantage point. The bridge has been closed to cars last April due to safety concerns, with the London Borough of Hammersmith and Fulham estimating repairs will cost £120m. The council said today it had been asked [...]
Andre Villas-Boas is resurrecting his career with Marseille in Ligue 1 March 3, 2020 It seemed a case of too much too soon for Andre Villas-Boas when his time in English football ended in ridicule and his rapid rise to the top, aged just 33, overwhelmed him. The Portuguese had been hailed as the new Jose Mourinho when he arrived at Chelsea in the summer of 2011 following an [...]
Federal Reserve slashes interest rates over coronavirus fears March 3, 2020 The US Federal Reserve has slashed interest rates by 50 basis points – 0.5 percentage points – in an emergency response to the economic risks of coronavirus. Fed chair Jay Powell said rate-setters had witnessed the “broader spread of the virus” and “come to the view that it is time for us to act in [...]
Huntsworth shares soar as private equity firm agrees £400m takeover March 3, 2020 Shares in healthcare and communications group Huntsworth skyrocketed today after a US-based private equity firm said it has agreed a takeover deal worth roughly £400m. Clayton, Dubilier & Rice (CD&R) today said it would pay 108p in cash per share in Huntsworth, which provides marketing services to healthcare clients. The offer represents a 50 per [...]
Swim with manta rays and dine on lobster curries at the Maldivian island resort of Vakkaru March 3, 2020 Any island resort staffer can say “welcome to paradise”, but when it comes from a seaplane pilot with no shoes on it feels more like a religious ritual than a tired cliche. It’s contagious, as the staff at Maldivian island resort Vakkaru can vouch for, guests – certainly me – ditch the formality and stress [...]
Dixons Carphone shakes up executive team March 3, 2020 Dixons Carphone has announced a shake up of its executive team, as its chief operating officer steps down after 11 years at the company. Alan Ritchie will leave the business in June, and chief digital officer Mark Alsop will take on chief operating officer duties alongside his current role from 4 May. Dixons Carphone also [...]
Premier League broadcasting: What does Amazon’s initial success with Prime Video mean for the market? March 3, 2020 Amazon broadcast its first live football matches in December, showing 20 Premier League games to subscribers on its Prime Video platform. The decision to make a first foray into the sector was a brave, albeit relatively small, one for the US retail giant. Now that the dust has settled, it looks increasingly like an intelligent [...]
Crossrail 2 business case passes major Department for Transport hurdle March 3, 2020 The business case for Crossrail 2 has been given preliminary approval by the Department for Transport (DfT), bringing the project closer to a decision on its final fate. The latest business case for the new north-south Tube line was submitted to the government by Transport for London (TfL) in June last year. It includes details [...]
Robert Walters shares fall on coronavirus profit warning March 3, 2020 Economic bellwether recruiter Robert Walters’ shares sank today as it warned 2020 profit will miss expectations due to the coronavirus outbreak. The recruitment agency’s shares fell seven per cent to 494p after the coronavirus profit warning compounded a dire 2019 filled with Brexit and economic uncertainties. Profit before tax slipped three per cent to £47.4m [...]