Police investigate Heathrow Airport security pass scam August 10, 2016 Scotland Yard is investigating an alleged scam involving airside security passes for Heathrow Airport, it has been reported. Sky News reported two young women, thought to be airport workers, had been arrested. "We can confirm that officers from the Met's Aviation Policing Command are investigating an allegation of fraud," said a spokesperson for the Metropolitan Police. [...]
One of the UK’s most senior political journalists is moving into government August 10, 2016 New culture secretary Karen Bradley has recruited The Sun's chief political correspondent to serve as a special adviser. Craig Woodhouse confirmed his move to the Department of Culture, Media and Sport on Twitter earlier today. After 11 wonderful years on Fleet Street it's time for something new. Hugely excited to be joining @DCMS as special [...]
Former Deloitte chief and private equity house plot challenger to big four accountancy firms August 9, 2016 A former Deloitte executive is teaming up with a private equity house to launch a challenger to the big four accountancy firms. John Connolly, who was chief executive of Deloitte UK, is said to be plotting a string of acquisitions to take on his former employer along with EY, PricewaterhouseCoopers and KPMG. He is working on [...]
Vodafone has ditched separate line rental charges amid regulatory pressure over pricing August 9, 2016 Vodafone – the mobile phone giant that has recently turned its hand to broadband – has said it will scrap line rental charges in a UK industry first. Both new and upgrading home broadband customers in the UK will not be billed the £18 monthly charge if they commit to an 18-month contract. Vodafone came late to the broadband party in the [...]
Oca-done deal: Morrisons expected to unveil new home delivery tie-up this week August 8, 2016 Supermarket chain Morrisons is expected to announce a refreshed tie-up with online grocer Ocado this week. The deal will enable Wm Morrison to compete more aggressively in the home delivery space by giving it nationwide coverage. Read more: Morrisons sales nudge up as Potts marks first year at helm The company is likely to announce the [...]
City chief backs Heathrow Hub for air expansion in the south east August 8, 2016 A top hedge fund boss has put his weight behind plans to extend Heathrow's northern runway in order to expand aviation capacity in the south east. One of the City's top chiefs, Anthony Clake, who oversees near $10bn (£7.7bn) at Marshall Wace Asset Management, is the majority shareholder in Heathrow Hub, one of the plans still [...]
A probe into Premier League broadcast rights has been dropped August 8, 2016 A major probe into the rights to air Premier League football on UK television has been dropped by the regulator. The two-year probe has been drawn to a close after Ofcom decided there was enough progress being made on making more games available to watch while football fans seemed largely happy. The investigation was first launched [...]
Rio 2016: As non-sponsoring brands get more scope to cash in on Olympic fever, official partners may be getting a bum deal August 8, 2016 Rio 2016 may have be tainted by doping scandals, the threat of the Zika virus, and worries of violence, but if you’ve got the money, sponsoring the Olympics seems like a no-brainer. Around 3.6bn people saw at least one minute of London 2012, and Rio’s audience is expected to be even bigger still, providing the 11 [...]
Simples: Comparethemarket.com owner chooses banks to oversee stock meerkat float August 7, 2016 The owner of Comparethemarket.com has appointed two Wall Street banks to oversee its £2bn-plus London flotation plans. BGL Group is aiming to launch an initial public offering (IPO) in the first quarter of 2017, with JP Morgan and Morgan Stanley now working on the float. Read more: Meet the companies that have ignored London's EU [...]
What heatwave? M&S is already filming its Christmas advert August 7, 2016 It may be a sweltering weekend of sunshine and clear blue skies, but one street in London has already seen snowfall – albeit the fake kind – after one high street favourite started shooting its Christmas advert. Yep, you heard that right. It may be the height of summer, but the Marks & Spencer is getting [...]