“It doesn’t look good” – Sir Bradley Wiggins’ former doctor questions steroid use ahead of Tour de France and Giro d’Italia September 24, 2016 Sir Bradley Wiggins' former doctor has added to the controversy surrounding the cyclist by publicly questioning the use of a banned corticosteroid for medical reasons ahead of the Tour de France and Giro d'Italia. Prentice Steffen, Wiggins' doctor at the Garmin team in 2009, said Wiggins' successful applications for a therapeutic use exemption [TUE] for intramuscular triamcinolone ahead of the race surprised him. [...]
Boris Johnson says the UK could complete Brexit talks inside of two years September 22, 2016 Foreign secretary Boris Johnson has suggested the UK could leave the European Union faster than anticipated. Speaking to Sky News, Johnson said Theresa May would be ready to trigger formal mechanisms to leave the EU early next year. But Johnson also said the UK would not necessarily use the entirety of the two-year window to negotiate [...]
Theresa May has axed an advisory panel of some of Britain’s top bosses September 22, 2016 Theresa May has axed an advisory panel established by her predecessor to generate feedback from some of the UK's top bosses. May has scrapped the Business Advisory Group launched by David Cameron in July 2015. The news – first revealed by Sky News – comes just over a year after Cameron launched the group in the [...]
The City is mobilising itself for Brexit talks to safeguard the future of the capital September 22, 2016 One of the more memorable lines from the referendum campaign came courtesy of Leave campaigner Michael Gove. In front of a live audience, Faisal Islam of Sky News reeled off a list of experts who had made dire economic predictions regarding the implications of a vote to Leave. “The IMF, the IFS, the CBI… why [...]
iPhone 7 review: A brilliant handset but one that hints at even bigger things to come September 21, 2016 There were no queues around the block for the UK launch of the iPhone 7. Flash floods were a mitigating factor (plus the fact the annual pilgrimage has been on the wane for a couple of years), but I suspect it’s also because it looks so damn similar to the last one. The aluminium chassis [...]
Co-op Group set to announce 25 per cent hit on value of bank stake September 21, 2016 The Co-operative Group has taken a 25 per cent hit to the value of its stake in Co-op Bank, the company is expected to announce this week. As part of its half-year results on Friday, the group is poised to put a £145m value on its 20 per cent stake in the lender, down from £185m. The [...]
ITV and Sky buy stakes in 24-hour video gaming TV channel September 20, 2016 ITV and Sky have bought stakes in the owner of a channel that screens video gaming 24 hours a day. The broadcasters have each invested £1.55m in Ginx TV for 16.5 per cent shareholdings. Both companies also have the option to increase their stakes. Read more: Sky invests $1m in air Drone Racing League in the [...]
Ofcom updates market on investigation into Sky’s landline and broadband services September 20, 2016 Telecoms regulator Ofcom said today that it is pursuing its investigation into accusations that Sky has failed to fully comply with regulations around its broadband and landline service provision. The watchdog said it has "reasonable grounds" to believe that Sky has contravened rules relating to landline and broadband services between 1 May 2015 and 31 July 2015, [...]
Influential MP calls for pensions probe into sale of turkey business September 19, 2016 Frank Field, who chairs the influential Work and Pensions Select Committee, has called on the Pensions Regulator to probe the takeover of turkey producer Bernard Matthews by Ranjit Boparan. The Labour MP is concerned that the deal will see Bernard Matthews’ retirement scheme absorbed by industry-funded lifeboat, the Pension Protection Fund (PPF). Read more: Turkey [...]
Mobile lender Atom in £100m funding drive September 19, 2016 Mobile money lender Atom Bank is gearing up for a fresh £100m funding drive. The app-based bank is preparing to approach backers to shore up its balance sheet against early-stage losses and regulatory capital requirements. Atom began accepting deposits earlier this year and is planning to start mortgage lending in coming months. Read more: How nine challenger banks [...]