Budget 2016: Chancellor George Osborne to kick start £16bn B&B sell-off March 12, 2016 Chancellor George Osborne is gearing up to kick start a £16bn sale of bailed-out banking group Bradford and Bingley (B&B) loans in next week's Budget. Osborne decided to include the projected sale of the mortgage lender on Wednesday, following weeks of discussions with Treasury officials. The timing of the auction is unclear, and it may not conclude for months, giving investor's appetites [...]
Modern rugby players are in a bulk and power arms race – but must be responsible over doping dangers March 11, 2016 Saturday’s England v Wales battle is being touted as the biggest game of the season and when you look at the sheer size of the players this is true in more ways than one. Today’s international players are bigger than ever and just when you think they have maxed out, someone comes along who resets [...]
EU referendum: Former British Chambers of Commerce (BCC) director general John Longworth reportedly joining eurosceptic Vote Leave campaign March 10, 2016 Former British Chambers of Commerce (BCC) boss John Longworth is reportedly joining Vote Leave, less than one week after his controversial resignation from one of Britain's biggest business groups. Sky News reported this afternoon that Longworth attended a Vote Leave campaign meeting today and agreed to take on a formal role with the eurosceptic group. [...]
Sweet: Krispy Kreme could be planning an IPO in London March 10, 2016 Krispy Kreme is planning an IPO in London, City A.M. understands. It may be a volatile time to do it – but we'd imagine there will be a hole lot of interest… Sky News reported that the company's owner, Alcuin Capital Partners, had appointed Investec to oversee the flotation. The news comes a day after [...]
Cargo planes filled with emergency biscuits have landed in Doncaster to save the nation from the great British biscuit shortage March 9, 2016 Biscuit lovers had their hearts broken last year when McVitie's Carlisle factory was put out of action by flooding in December, but rest assured that help is on the way. Doncaster Sheffield Airport has welcomed two Boeing 777 aircraft full of biscuits into the region in the last two weeks. Dayle Hauxwell, cargo manager for [...]
Vice Media to launch new Viceland TV channel on Sky and Now TV in September March 9, 2016 Vice Media, the group behind the millennials' favourite website Vice News, will launch a 24-hour television channel called Viceland on Sky and Sky's online streaming service Now TV this September. The 24-hour channel will be programmed, developed and produced in-house by Vice's creative team and will be available for all Sky TV customers in their [...]
Sky just invested $45m in Netflix rival iflix in Asia March 9, 2016 Sky is flexing its tech investment muscles again, splashing millions for a stake in a movie and TV streaming service in south east Asia which rivals Netflix. The broadcaster has invested $45m (£31.6m) in iflix which boasts one million users in Malaysia, Thailand and the Philippines since launching under a year ago and has plans to expand [...]
Both shoppers and workers back Sunday trading reform: It’s an historic opportunity to help save the high street March 9, 2016 Today, MPs have an important chance to shape the future of our high streets. In the first major opportunity of its kind since 1994, the House of Commons will vote on Sunday trading reform, which could ultimately extend Sunday opening hours and allow consumers more time to shop. High streets all over the country are [...]
The eight best pies in London: As British Pie Week gets into full swing, we celebrate some of the capital’s very best examples of baked pastry March 8, 2016 1. Polo Bar Fish Pie, £9.50 Pie Week has even united London’s rival financial districts. The chef at Canary Wharf’s Parlour has created this boozy fish pie for Polo Bar opposite Liverpool Street station. Packed with white fish, salmon, haddock and prosecco, it’s so tasty even the fish are diving in. 167 Bishopsgate, EC2M 2. [...]
Private jet mobile revolution drives sales: Meet Clive Jackson, the man behind Victor, the Uber of the skies March 7, 2016 Mobile apps have become the latest driver of growth for private jet hire, opening up a whole new market of corporate and private customers. Just as Uber has changed the way taxis operate, mobile app booking is absorbing market share from private jet brokers who have traditionally matched customers to companies. Founded in London in 2011, [...]