Flybe’s biggest shareholder threatens legal action over proposed £2m takeover January 19, 2019 The biggest shareholder of Flybe is considering legal action over the cut-price takeover of the airline, having accused the company’s directors of breaching duties to investors. London-based asset manager, Hosking Partners, owns 19 per cent of British airline Flybe and has asked lawyers to assess its options ahead of the proposed takeover from a consortium [...]
From igloo glamping to glacier kayaking, the frozen landscape of the Pemberton Icecap has been transformed into a tourist hotspot January 18, 2019 Outside, the sun is blazing hot, a white glare cast across a vast expanse of snow. Inside the ice cave, it’s one degree above freezing; a gleaming cool blue cut through with a trickling lake of glacial water. Centre stage is a moulin, a frozen “straw” of ice that glows as the sunshine above ground [...]
Murdoch eyes up mega-merger between The Times and The Sunday Times January 18, 2019 Media baron Rupert Murdoch is seeking permission to merge The Times and The Sunday Times in a bid to cut costs across the newspapers. News UK, the holding group for the two titles, has made an application to the government to overturn a law that prevents the titles from merging. Read more: ITV shares tumble [...]
DEBATE: Are falling house prices in London a good thing? January 18, 2019 Are falling house prices in London a good thing? Daniel Hegarty, founder and chief executive of digital mortgage broker Habito, says YES. Provided it stops at a pricing correction and doesn’t go further, the drop in house prices is good news. London’s sky-high prices have left the average 34-year-old first-time buyer needing to borrow 13 times [...]
Horse Racing Betting Tips: Enjoy Altior but save the cash for Mister Whitaker January 17, 2019 JUST the three runners have been declared for tomorrow’s Grade One Matchbook Clarence House Chase (3.35pm), as connections of last year’s winner Un De Sceaux have opted to stay at home rather than take on the mighty Altior. Nicky Henderson’s nine-year-old is just 1/8 to win his 12th straight race over fences and it’s hard [...]
Horse Racing Betting Tips: Wakanda can streak to victory at Haydock for in-form Smith January 17, 2019 BREAD and butter, rhubarb and custard, bacon and eggs; some things just go well together. You can say the same about Sue Smith and Haydock. In the past five seasons, the 2013 Grand National-winning trainer has had 73 winners at the Lancashire track. If you’d had £1 on all of her runners there, you’d be [...]
Kier Group director leaves to join Grenfell Tower cladding building firm Rydon Construction January 17, 2019 Kier Group operations director Mark Norris is to leave the beleaguered contractor to join Rydon Construction as a director. Norris leaves Kier as it continues struggling with its finances after a botched issue late last year caused the company’s shares to plummet. Read more: Outsourcer Kier Group's lenders face underwriting headache after rights issue flounders He [...]
Brexit deal live: UK would vote to remain in EU in a second referendum January 17, 2019 Hello and welcome to our Brexit vote live blog. Stay tuned for reaction to Labour's no confidence vote yesterday, after Theresa May's Brexit deal slumped to a historic defeat in parliament on Tuesday night. Please manually refresh this page for the latest updates What you need to know: The Prime Minister’s deal was defeated by [...]
Another false Economy: Energy customers were hit by mystery meter readings January 17, 2019 Customers of failed provider Economy Energy say they were hit with mystery meter readings far higher than expected in December as the company fought for its survival. One of the readings, seen by City A.M., inflated a customer’s monthly usage by over 12,000 units, equivalent to around three years’ average use for a household in [...]
BBC executive Jackie Edwards tapped to head new £57m BFI children’s TV fund January 16, 2019 BBC Children’s boss Jackie Edwards has been selected to head up the British Film Institute’s (BFI) new fund for children’s TV programmes. Edwards, who has been in charge of children’s programming for the BBC since 2015, will join the BFI next month ahead of the fund’s launch in April. Read more: South Korean broadcasters team up [...]