Curzon Cinemas targets expansion around the world June 26, 2016 Curzon Cinemas, a chain that began in London in 1934 and has since opened 10 more cinemas across the country, is now targeting international growth through its digital offering. Philip Mordecai, director of home cinema at Curzon, is aiming to grow the digital side of the business and sees it eventually competing with the likes [...]
As he says he’ll be gone by October, was Prime Minister David Cameron right to resign? June 26, 2016 Alex Deane, a common councilman who sits on the Corporation of London’s Policy and Resources Committee, says Yes. The Prime Minister was right to resign. Leadership after defeat would have proven exceptionally difficult. The former Cabinet secretary, Lord Butler, was right to say of the PM before the referendum that his position “would be untenable if we [...]
Liberty House still interested in Tata’s UK business despite Brexit June 26, 2016 Liberty House is still interested in snapping up Tata Steel's UK assets despite Brexit, City A.M. understands. It follows reports suggesting several bidders are close to abandoning talks with the Indian conglomerate, after Britons voted to leave the European Union on Thursday. An industry source told City A.M. that they wouldn't be surprised if this was the [...]
Tata Steel bidders could abandon takeover talks over Brexit impact June 25, 2016 Bidders for Tata Steel's embattled British operations are expected to drop plans of pursuing a takeover following Britain voting to leave the EU. US turnaround king Wilbur Ross, who is among the seven bidders eyeing Tata Steel's UK operations, is set to abandon the deal. "Wilbur has been reasonably open that this deal is far less [...]
EU referendum: How newspapers around the world are reacting to Brexit June 25, 2016 Today is the first chance newspapers from around the world had to respond to Thursday's historic vote to Leave the European Union. It's fair to say they've been as split after the result as they were before the vote even took place, ranging from the outright celebratory to fears that the end of the world [...]
Two backbench Labour MPs have tabled a motion of no confidence in their leader Jeremy Corbyn June 24, 2016 Two of Labour's senior backbenchers have tabled a motion of no confidence in Labour leader Jeremy Corbyn following the UK's vote to leave the EU. Margaret Hodge, former chair of the public accounts committee, tabled the motion, which was seconded by Stockport MP Ann Coffey. The pair have authored a letter to Parliamentary Labour Party [...]
EU referendum: Post-vote troubles already brewing for Labour party as Kate Hoey states supporters could leave June 24, 2016 The Labour party could pay a high price for campaigning to Remain in the EU, according to long-standing MP Kate Hoey. Hoey, who is co-chair Labour Leave, said that many Labour voters who back Brexit could end up leaving the party for good as a result of its stance on the EU. "I think we will [...]
Ukip leader Nigel Farage believes that Remain has won the referendum June 23, 2016 With the polls now closed in today's referendum on the UK's membership of the European Union, Ukip leader and Leave campaigner Nigel Farage has said that he believes his side has lost. "Turnout looks to be exceptionally high and it looks like Remain will edge it," Farage told Sky News. "Ukip and I are going nowhere and [...]
EU referendum: Why there is no exit poll June 23, 2016 Unlike at general elections, there will be no official exit poll for the EU referendum. Differently to opinion polls, which ask people how they intend to vote, these polls they ask how a voter actually did vote. They rely on people being camped outside of polling stations asking real voters to cast paper ballots and as [...]
Vodafone is gearing up to list its Indian business before the end of 2016 June 23, 2016 Vodafone Group could list its Indian arm earlier than previously expected. The deal, which is expected to value to the business at as much as at $13bn (£8.7bn), could be completed before the end of the year after reports that Vodafone is likely to file a draft prospectus in August. Vodafone's India business is the country's largest mobile operator after Bharti [...]