Arcadia boss Sir Philip Green could face grilling from two separate MP committees over BHS’ demise and £571m pension shortfall April 27, 2016 Update: The most recent owners of BHS will be called in front of MPs, according to reports. MPs on the business, innovation and skills (BIS) select committee will call them in to give evidence, Sky News has reported. Meanwhile, the Work and Pensions select committee has said it will call former BHS boss Sir Philip Green [...]
Virgin Media pledges fibre broadband expansion to one million premises by 2019 April 27, 2016 Virgin Media has announced that it will be rolling out fibre-to-the-premises (FTTP) broadband for one million homes and businesses over the next few years. The plans are part of Virgin Media’s £3bn expansion to grow its overall network by four million premises by 2019. Rivals BT and Sky are currently trialling FTTP or deploying it in smaller [...]
Supermarkets brace for fresh CMA criticism in latest phase of pricing super-complaint investigation April 26, 2016 The competition watchdog is expected to crack down on pricing in the UK’s supermarkets tomorrow morning. The Competition and Markets Authority (CMA) is set to publish the latest phase of its response to a so-called super-complaint raised last year about predatory pricing tactics by major grocers. Earlier it was reported by Sky News that Asda has been [...]
Kojawan restaurant at the Hilton Metropole is like a retro-futuristic art gallery in the sky April 26, 2016 Andrew Baggs overcomes a fear of high restaurants to thoroughly enjoy this Asian fusion izakaya Food | ★★★★☆ | Value ★★★★☆ | Vibe ★★★★☆ | Hilton Metropole, 225 Edgware Rd, W2 1JU Tel: 020 8088 0111 | Cost for two with wine: £140 I have, over the years, learnt to read the restaurant warning signs. There is an inverse relationship between [...]
The return of the supersonic brand and designing flights of the future April 26, 2016 The new generation of supersonic planes could defy all design conventions. Concorde may be long retired from the skies but the romance and excitement of supersonic travel lives on, a new age of aviation is now on the horizon. Earlier this month, NASA announced it is developing a range of supersonic ‘X-planes’ that could ultimately lead to [...]
The bucket list? Here are the top 10 things new retirees are desperate to do – and how much they cost April 26, 2016 For many, the nine-to-five slog is made just that little bit more bearable by dreams of a sunny and stress-free retirement. With warnings left, right and centre about how we're going to be working into our seventies or how nobody is saving enough for a pension, The Share Centre has issued a timely reminder for those hoping [...]
Former Marks & Spencer boss Marc Bolland tipped to take up director role at British Airways owner IAG April 25, 2016 Marks & Spencer's former chief executive Marc Bolland is tipped to be named as a non-executive director of International Airlines Group (IAG), the owner of British Airways. An announcement about his appointment could be made as soon as this Friday, Sky News has reported, when IAG unveils its first-quarter results, according to headhunting industry sources. It [...]
Online gambling site 21Bet nets 15,000 customers in first month after scoring a clutch during Cheltenham Festival and ahead of new casino site launch April 25, 2016 Upstart online bookmaker 21Bet has signed up over 15,000 customers in its first month in a bid to establish a foothold in the UK online betting scene. The company, which launched at the beginning of March scored a clutch of customers during the Cheltenham Festival and is now preparing for the launch of its latest online [...]
Ladbrokes’ non-executive director Richard Moross will step down from board in May April 25, 2016 Ladbrokes' non-executive director, Richard Moross, has announced he will step down from the betting giant's board of directors at this year's annual general meeting (AGM). Moross will cease to be a director from 5 May. He joined the board in 2012 and has decided to step down so that he can devote "more time to his [...]
BHS administration: Who has blood on their hands as yet another retailer falls into administration? April 25, 2016 The loss of a UK retailing stalwart from our high streets is always a sad affair. There is, of course, a sense of nostalgia as old photos of where we once shopped appear. And the human tragedy of those losing their livelihoods – in the case of BHS that’s 10,000 current employees, and thousands more [...]