An end to gridlock? How artificial intelligence could help get London moving again February 4, 2019 London is a truly remarkable city – an economic powerhouse and a cultural destination without equal. It’s a magnet to millions, and rightly so. But it’s a terrible irony that this fast-moving, fast-living, fast-earning metropolis is stuck in traffic so much of the time. We simply cannot move. According to traffic data company INRIX, London [...]
Struggling outsourcer Interserve approaching finalised rescue refinancing deal with lenders February 3, 2019 Chiefs at debt-stricken outsourcer Interserve are nearing a rescue refinancing deal with the firm’s lenders to keep its head above water. The public sector outsourcing giant, which has been struggling with more than £600m debt, is due to announce it has reached an agreement with its banks in the next week, according to reports. Read [...]
Five talking points from Sunday’s Premier League matches: Manchester City dispel title doubts, Arsenal losing ground, Paul Pogba and Marcus Rashford inspire Manchester United, Leicester in limbo February 3, 2019 It took just 50 seconds for Sergio Aguero and Manchester City to dispel the notion that that the midweek defeat at Newcastle was anything other than an aberration; one of those freakish results that even the best teams usually succumb to once a season. City penned in Arsenal, Aymeric Laporte whipped the ball across goal [...]
Labour MPs mull party breakaway to form centrist movement in wake of Brexit divisions February 3, 2019 A handful of Labour MPs are rumoured to be on the brink of leaving their party to create a new centrist movement in the wake of dissatisfaction over Brexit. Up to six Labour MPs are thought to be prepared to walk away from the Labour party because of its stance on Brexit, anti-semitism, immigration and other [...]
Nissan to cancel X-Trail production plans in latest car industry setback February 2, 2019 The UK car industry is set to suffer another blow next week when Nissan announces that it will be cancelling plans to manufacture its X-Trail model at its Sunderland plant. An announcement will be made on Monday by the company's executives and casts further doubt over Nissan's future investment in Britain, according to Sky News. [...]
Interim Debenhams chair shortlisted for Moss Bros role February 1, 2019 The interim chair of Debenhams could be in line for the role of chair at suit retailer Moss Bros. According to Sky News, Terry Duddy has been shortlisted as a potential successor to current Moss Bros chair Debbie Hewitt, who will step down from her role later this year. Duddy took on the chairman role [...]
ScS Group ends talks to buy Sofa.com leaving Mike Ashley in the driving seat February 1, 2019 Home furnishings retailer ScS Group said today it had ended talks with furniture retailer Sofa.com, leaving the way clear for Mike Ashley who is reportedly putting together a multi-million pound bid. ScS said today it is “no longer in discussions regarding a potential acquisition of the business and assets of Sofa.com”. Sky News reported that Ashley, [...]
Problems mounting for stubborn Maurizio Sarri as his footballing philosophy shows its weaknesses at Chelsea January 31, 2019 On the face of things Chelsea are far from a club in crisis. They sit outside of the Premier League’s top four on goal difference and are still in all four competitions, having progressed to the final of the Carabao Cup and the fifth round of the FA Cup in the last eight days. The [...]
WPP sells stake in ‘Davos in the Desert’ consulting firm Richard Attias & Associates January 31, 2019 WPP today said it is selling its stake in Richard Attias & Associates (RAA), the consulting firm behind the so-called Davos in the Desert conference in Saudi Arabia last year. The advertising group said it will sell its minority stake in RAA back to existing shareholders as part of an ongoing plan to simplify its [...]
Gary Neville scores with sale of 50 per cent stake in production company Buzz 16 January 30, 2019 Gary Neville today proved he still has his eye on the ball after selling a 50 per cent stake in his production company Buzz 16 to a London-based marketing firm. The former England and Manchester United footballer has agreed to sell half his company for an undisclosed amount to AIM-listed marketing group Reach 4 Entertainment [...]