Sports Direct pleads with big four auditors to check its books September 10, 2019 Sports Direct, the retailer founded by Mike Ashley, is pleading with the big four accountancy firms to audit its books as it worries smaller accountants would not be up to the task. Over the last fortnight the company has sent overtures to the auditors ahead of its annual general meeting tomorrow, Sky News reported. Grant [...]
Macquarie ‘determined’ to buy Solarcentury September 10, 2019 Australian investment bank Macquarie has its sights set on the UK’s largest solar companies, in a deal which could be worth £250m. The bank is in the last two bidders in the race to snap up Solarcentury, which has around 20 years experience in the sector. Macquarie is “determined” to buy the solar experts, sources [...]
Endemol Shine signs podcast deal with Global’s ad platform Dax September 10, 2019 Media giant Endemol Shine has entered the booming UK podcast market, signing a two-year deal with audio advertising platform Dax. Read more: Podcast startup Entale secures £2m backing from Daily Mail Endemol has appointed Dax, which is owned by radio group Global, as its advertising sales partner across its original podcast series. The announcement comes [...]
Shares in British Airways owner IAG bounce as strike enters second day September 10, 2019 Shares in British Airways’ parent company IAG are up by more than five per cent this morning as the airline suffers its second day of strike action. Pilots who are members of the British Airline Pilots’ Association (Balpa) are into their second day of industrial action in an ongoing dispute over pay and working conditions. [...]
Dominic Cummings lashes out at ‘rich Remainers’ as he sticks to 31 October Brexit deadline September 10, 2019 Boris Johnson’s chief adviser has vowed the UK will quit the EU on 31 October and lambasted media for speaking to “rich Remainers” in London. Dominic Cummings said he was “sure” the UK would leave the bloc on the current Brexit deadline of Halloween. Read more: Boris denied election again as parliament shuts up shop [...]
Cruz control has not been smooth sailing for British Airways September 10, 2019 To fly. To serve. It may be the tagline of one of the UK’s best known brands, but passengers of British Airways can be forgiven for grimacing at what has been dished out to them recently. In the past two years, BA customers have endured data leaks affecting more than 550,000, an IT meltdown which [...]
Sage kicks off sale of payments-processing business September 9, 2019 Sage has lined up bankers to find a buyer for its payments-processing arm Sage Pay. Investment bank Rothschild has been appointed to sell the business, which has around 50,000 small and medium sized business customers, Sky News reported. Read more: Sage shares fall as it warns of slipping license software sales It is unclear what [...]
Sports Direct’s Mike Ashley makes move for Links of London September 9, 2019 Retail magnate Mike Ashley is hoping to ramp up his high street spending spree after putting in an offer for troubled jewellery group Links of London. The Sports Direct owner is tabling a bid to snap up the retail outlet, according to Sky News, which has reported that Ashley is one of two final bidders [...]
British Airways strikes: Airline boss Alex Cruz blames ‘cynical actions’ of pilots for walkout September 9, 2019 British Airways chief executive Alex Cruz has blamed the “cynical actions” of its pilots’ union for a two-day strike that has left airport terminals empty. BA pilots who are members of the British Airline Pilots’ Association (Balpa) have begun a 48-hour walk-out in a dispute over pay and working conditions. Read more: Nearly all British [...]
Downing Street to ‘test to the limit’ anti no-deal Brexit law September 8, 2019 The scene is set for a dramatic showdown in Westminster next week after the government said it would “test to the limit” the anti no-deal legislation that could become law tomorrow. Boris Johnson has insisted he will never ask Brussels for an extension to the Brexit deadline, putting him at loggerheads with peers and MPs [...]