London City Airport chief Robert Sinclair “increasingly confident” Brexit deal will be done April 10, 2018 London City Airport chief executive Robert Sinclair is “increasingly confident” a deal with the EU will be done by 2019, as the airport launched a joint campaign with the Department for International Trade (DIT) to encourage British businesses to sell overseas. Sinclair told City A.M. that while his predecessor, Declan Collier, was “right to raise [...]
Facebook’s Icarus needs to come down to earth before it’s too late April 9, 2018 Mark Zuckerberg is facing his Icarus moment. The tale of the boy who flew too close to the sun would make uncomfortable reading for the Facebook founder. “Move fast and break things” was the mantra that made Zuckerberg such a totem of sky-high success. But lax privacy controls and the leaking of the information of [...]
Liuwa Plains in northwest Zambia is one of the most remote safari parks in the world, here’s what we found there April 6, 2018 Linda Evangelista infamously said that she wouldn’t get out of bed for less than $10,000. And after 11 hours travelling along Zambian roads, I’d have quoted a similar price to get back in a 4×4. But the prospect of a cheetah sighting was dangled in front of me, and that was enough to sweeten the [...]
Legal & General boss Sir John Kingman in line to spearhead audit watchdog probe April 4, 2018 The chairman of Legal & General is on the shortlist to lead an investigation into Britain’s top accounting regulator, according to reports. Sir John Kingman, previously a prominent figure in Whitehall as Treasury second permanent secretary, is among those being considered to spearhead a review of the Financial Reporting Council (FRC). The candidate could be [...]
A truly global Britain would not meddle with the market – Theresa May’s government must be careful how it deals with De La Rue, GKN, Melrose and Sky April 4, 2018 With the Conservatives and Labour neck-and-neck in the polls and a Brexit-shaped mountain building up in her in-tray, the last thing Theresa May needs is a trio of tricky situations emanating from the business world. Yet that is precisely the situation in which the Prime Minister finds herself. Away from the far weightier concerns of [...]
Goldman Sachs has sunk down the advisory rankings for UK M&A this year as Morgan Stanley pinches the top spot April 3, 2018 Goldman Sachs has seen a dramatic reduction in the value of UK mergers and acquisitions (M&A) it has advised on so far this year, falling from the top spot in the first quarter of last year to 12th in 2018. In the first three months of 2018, Goldman has been engaged on 15 announced deals [...]
Sky Bet fined £1m by the Gambling Commission for failing to protect vulnerable customers March 28, 2018 Gambling business Sky Bet has been lumped with a £1m fine from the Gambling Commission, for failing to protect vulnerable customers. The Commission found that Sky Bet’s “self-exclusion” service, which allows customers who feel they are having trouble controlling their gambling to request to be cut off, failed to work for the people who needed [...]
Great Ormond Street Hospital reverses decision to give back Presidents Club money March 27, 2018 Great Ormond Street Hospital (GOSH) will retain the money it was given by the scandal-hit Presidents Club. Trustees of the board officially ratified a decision today to keep £530,000 which it had originally pledged to return, Sky News reported. The children’s hospital was one of the recipients of cash raised by the club, which was [...]
House of Fraser’s lenders call in advisers EY as high street crisis continues March 24, 2018 House of Fraser has become the latest household name to send out warning signals, as its lenders have appointed EY as advisers to check its ongoing viability as a business. In a year that has already seen the collapse of Toys R Us and Maplins, a syndicate of banks acting as lenders to House of [...]
New Homes: What’s on sale in London this weekend in Hendon, Greenwich, Bow, Acton and the Docklands March 23, 2018 New developments on the market this week North West Four, Hendon From £675,000 Get more for your money in Zone Three with only a 30 minute commute to Bank. This gated development of 18 two and three bedroom apartments near Hendon Central station are also a 45 minute drive from four international airports. Spread across [...]