Lloyds Banking Group faces record £100m PPI fine this week June 4, 2015 UPDATE: Lloyds Banking Group fined £117m for PPI failings Lloyds Banking Group could be slammed with a record fine from the FCA for its handling of PPI complaints. The bank – which is currently still part-owned by the taxpayer – could receive a penalty of “well over £100m” from City watchdog the FCA . [...]
Fifty scents: Richard E Grant on being led by his nose, speaking to peacocks and watching his neighbours ‘at it’ June 4, 2015 When Richard E Grant suggested we meet at Fulham’s exclusive Hurlingham members’ club, it seemed to make perfect sense. He lives just up the road in Richmond and it’s exactly the kind of place I can imagine him hanging out, especially after having watched him star in Downton Abbey. I had visions of wood-panelled walls, winchester sofas, views over the croquet [...]
Who works in the Shard? From Tiffany’s to the Shangri-La, here’s a storey-by-storey breakdown of every business, hotel and restaurant in London’s tallest building June 4, 2015 Ever walked past the Shard and wondered what's going on inside that glassy exterior? Well, wonder no more – we've broken down every business, restaurant and hotel (not to mention those viewing desk) to show you the composition of western Europe's tallest building. Soaring 1,016ft into the sky, and at a cost of £1.5bn to [...]
Yahoo! will stream Wembley NFL clash between Buffalo Bills and Jacksonville Jaguars live around the world June 3, 2015 Yahoo! has announced that it will live stream the American football match that will be played in October at Wembley Stadium, to a global audience. The deal is reported to be worth about $10m (£6.5m), although the price has not been disclosed. The match, which will be between the Buffalo Bills and the Jacksonville Jaguars, [...]
Saturday’s Jupiter London Nocturne is not to be missed June 3, 2015 The free to attend cycling event hits the City’s historic Smithfield Market this weekend THIS Saturday, the Jupiter London Nocturne returns to the City’s historic Smithfield Market. It’s the ninth year the spectacular night-time criterium cycle event is hitting the heart of the Square Mile, it’s Jupiter Asset Management’s second year of sponsorship, and it [...]
Apple issues global recall for Beats Pill XL due to fire safety risk, including UK June 3, 2015 Apple has issued a voluntary global recall of a Beats speaker range due to concerns overheating could cause a fire. Owners of Beats Pill XL in all five colours have been warned not to use the speakers and return them to Apple for a refund or credit. The speakers, worth £215, have been on sale since January [...]
Gary Lineker lined up to present BT Sport’s £897m Champions League coverage June 3, 2015 Forget David De Gea to Real Madrid, the signing of the summer is set to be Gary Lineker to BT Sport. Read more: BT to reveal subscription prices for European Champions League coverage Lineker, the face of the BBC's football coverage for 20 years, could front BT Sport's Champions League coverage from next season onwards. According [...]
Travel industry veteran is new Royal Mail chair June 2, 2015 ROYAL Mail is set to name TUI Group boss Peter Long as its next chairman, replacing Donald Brydon who has been in the role since 2009. Long, a veteran of the travel industry, will be revealed as the company’s new leader as early as today, Sky News first reported. London-listed TUI, which owns brands such [...]
Caledonia nears deal to snap up Aegon and Zurich stake in Seven June 2, 2015 FUND manager Caledonia Investments is closing in on a deal to buy a majority stake in Seven Investment Management. Caledonia, which is 48.5 per cent owned by the illustrious Cayzers shipping family, is hoping to buy out insurance giants Aegon and Zurich Insurance, who own a controlling stake in the firm. The potential deal, which [...]
HSBC plans to slash headcount and faces three new US lawsuits June 1, 2015 HSBC is set to announce plans to cut thousands of jobs across its global workforce next week. Stuart Gulliver, HSBC’s chief executive, will set out a revised target for headcount reductions that will be implemented by the end of 2017 at a investor day next week, according to Sky News. HSBC declined to comment. The precise [...]