Uber poaches new UK boss from Twitter founder Dorsey’s Square August 19, 2019 Uber has nabbed one of Twitter chief Jack Dorsey’s right-hand staff as its new general manager for its operations in the UK and Ireland. Melinda Roylett, who was most recently head of Europe at Dorsey’s fintech firm Square, will start her role at Uber today, City A.M. can reveal. Before joining Wall Street-listed Square last [...]
Thousands of Boeing 737 Max flights booked despite lack of regulatory approval August 18, 2019 Airlines have sold tens-of-thousands of flights aboard Boeing’s 737 Max for the last few months of 2019, despite the fact the jet is still banned from the skies after two crashes killed 346 people. Tui, Norwegian and United Airlines have booked people on to more than 32,000 flights on the 737 Max 8 and 9 [...]
Softbank suffers £380m writedown in Oneweb stake August 18, 2019 Softbank is said to have written down its stake in Oneweb by £380m as the British satellite company contends with the sky-high costs of its planned launches. Oneweb has burned through billions of pounds as it looks to create a network of satellites providing high-speed broadband across the globe. Read more: Oneweb lands $1.25bn in [...]
Food, fuel and drug shortages: Leaked paper reveals no-deal Brexit fears August 18, 2019 Britain faces shortages of food, medicine and fuel as well as civil unrest on the Irish border if it leaves the EU without a deal on 31 October, a leaked Whitehall document has revealed. The document, codenamed Operation Yellowhammer, says the UK also faces months of disruption at ports, EU airports and at St Pancras, [...]
Hong Kong protests: Teachers march against police brutality August 17, 2019 Further protests are under way in Hong Kong as thousands gather to march through the city’s streets for a tenth consecutive week. On Saturday morning, teachers gathered dressed all in black in the city’s central district before marching toward the home of Hong Kong leader Carrie Lam in protest at the police brutality shown against [...]
Lib Dems’ Swinson proposes alternatives to Corbyn for ‘unity government’ August 16, 2019 Liberal Democrat leader Jo Swinson has said former Labour deputy leader Harriet Harman and Tory chancellor Ken Clarke, two parliamentary “big beasts”, are willing to lead an emergency government to stop a no-deal Brexit. Read more: Corbyn fails to drum up support for plan to block no-deal Brexit Swinson’s statement came amid a row between [...]
Premier Foods eyes former Reckitt finance boss as new chair August 15, 2019 The former finance boss of Reckitt Benckiser is said to be in the running to take over as chair of Mr Kipling and Angel Delight owner Premier Foods. Colin Day, who until last year was chief executive of cigarette filter manufacturer Essentra, is one of a small number of candidates for the role, Sky News [...]
Brainiac Live review: Anarchic science stunts for kids who are really into loud noises August 15, 2019 Sky One’s Brainiac television show feels like it aired approximately one hundred years ago, in the foreign land that is the years 2003 to 2008. Fronted by Top Gear man Richard Hammond, and then later by the excellent Vic Reeves, it was a vehicle for pop-science tomfoolery and explosive hijinkery which deftly walked the intellectual [...]
DEBATE: In the midst of commuter outrage over fare hikes, is rail nationalisation the answer? August 15, 2019 In the midst of commuter outrage over fare hikes, is rail nationalisation the answer? Cat Hobbs, director of We Own It, says YES. Another year, another eye-watering rail fare hike, with the annual cost of getting to work likely to rise by over £100 for many commuters. And it’s no wonder passengers are angry. We’re [...]
City Moves for 15 August – Who’s switching jobs at Moss Bross, Mullenlowe Group and Quinn Emanuel? August 15, 2019 Today’s City Moves includes Moss Bross, Mullenlowe Group and Quinn Emanuel. Moss Bros Men’s tailoring giant Moss Bros has appointed Avis Darzins (pictured) as a non-executive director, effective 1 September 2019. Moss Bros has announced also that Maurice Helfgott, in line with good corporate governance following nine years’ service, will no longer be senior independent [...]