West Ham v Arsenal: Arsene Wenger defends Jack Wilshere’s dedication following nightclub controversy April 7, 2016 Aresnal manager Arsene Wenger has defended Jack Wilshere’s dedication after the injury-plagued England midfielder was caught up in an apparent row at a West End nightspot last weekend. Wilshere, 24, is yet to play this season after fracturing his calf bone in August but is set to make his comeback for the club’s under-21s on [...]
Co-Operative Group chief executive Richard Pennycook asks board for salary and pay cut April 6, 2016 Update: This has now been confirmed by the group – all the details are here. Co-Operative Group's chief executive has asked his fellow board members for a pay cut. Richard Pennycook is understood to have requested his basic salary, currently £1.25m, be reduced by a third. He has also asked for his total compensation to be [...]
New York Stock Exchange owner secures financing for £10bn London Stock Exchange takeover bid to rival proposed Deutsche Boerse merger April 4, 2016 The Intercontinental Exchange (ICE) is understood to have secured funding for a £10bn takeover bid for the London Stock Exchange (LSE). ICE, which owns the New York Stock Exchange, confirmed it was considering a bid in early March shortly after the LSE said it was in merger talks with Deutsche Boerse. The LSE and Deutsche [...]
William Hill teams up with SkyBet to help fund £270m NYX acquisition of OpenBet April 4, 2016 Bookmaker William Hill has teamed up with rival SkyBet to invest in Canadian gaming supplier NYX, which has announced the acquisition of OpenBet for £270m. As part of the agreement, William Hill is investing £80m in the takeover and a further £10m in equity. SkyBet is contributing £20m. Read more: Jefferies downgrade continues William Hill's losing streak [...]
Police have warned people not to use these Santander cash machines April 4, 2016 The public has been warned not to use Santander cash machines in Lancashire after ATMs were targeted by criminals, according to police. Security at Santander ATMs in Lancs has been compromised. Advice is not to use them. If you have lost money please contact the bank and 101. — Lancashire Police (@LancsPolice) April 3, 2016 Lancashire [...]
Defined benefit pension funding level fails to improve for FTSE 350 firms April 3, 2016 The deficit carried on defined benefit (DB) pension schemes by FTSE 350 companies has barely budged over the last year, according to figures released late last week. The study by JLT Employee Benefits discovered that, at the end of March 2016, FTSE 350 firms only held assets that covered 86 per cent of the liabilities of [...]
Artist focus: John Kørner’s land of milk and honey April 1, 2016 John Kørner is one of Denmark’s most recognisable contemporary artists, his semi-abstract works probing the ills of 21st century society, from poverty to sex work. Although he’s an accomplished sculptor, he’s best known for his vivid, ethereal, often wryly funny paintings: a man rifling through a skip in After Christmas; an old woman barfing against [...]
From the steel crisis and the living wage to stamp duty changes: Here’s what got us talking this week April 1, 2016 A plane got hijacked (but it all turned out to be something of a farce). Then a rival airline thought it could be a good selling point. And with London's weather warming up, Ben & Jerry's decided to give away free ice cream in the name of democracy. Here's what got us talking 1) Men of Steel [...]
Presented without comment: These are Britain’s cheapest cities for train travel April 1, 2016 The cost of train travel varies hugely depending on where you live in Britain, according to research released today – and although Londoners love nothing more than to complain vociferously about how much their train fares set them back, it turns out the cheapest places for train commuters are big cities. Glaswegians pay the least for their [...]
Porn-no more for Richard Desmond as he sells adult entertainment network Portland TV for less than £1m April 1, 2016 Richard Desmond, the owner of the Daily Express and Daily Star newspapers, has sold his adult entertainment network. Northern and Shell has announced the sale of Portland TV, the company behind Television X and Red Hot, for less than £1m as part of a management buy-out deal. Read more: Desmond hopes Mirror boss "Fox off" [...]