General Election 2019: How to watch the results on live TV December 12, 2019 The UK has been plunged into a political broadcast blackout today, with channels forced to put their election coverage on hold as Brits go to the polls. But when voting closes at 10pm, the BBC, ITV, Channel 4 and Sky will all fire up their cameras to provide rolling coverage until the UK’s next Prime [...]
MSG Sphere: Public consultations to begin on UK’s new largest concert venue December 12, 2019 The first public consultation for what will be the UK’s largest music venue is set to go ahead next week. Described by some as looking like a spaceship, the Madison Square Garden Sphere will be 90 metres high and have the appearance of a large black orb. Read more: Controversial Silvertown Tunnel gets the go-ahead [...]
M&C Saatchi shares tumble after boardroom bloodbath December 11, 2019 Shares in M&C Saatchi tumbled almost six per cent today as investors reacted to a boardroom bloodbath that sent shockwaves through adland. Lord Maurice Saatchi, who founded the advertising behemoth, last night announced that he was stepping down as executive director. Read more: Lord Saatchi steps down from M&C Saatchi Fellow Conservative grandee Lord Dobbs, [...]
Greta Thunberg crowned Time Person of the Year 2019 December 11, 2019 Time named teenage climate activist Greta Thunberg as its person of the year today, after she inspired worldwide protests against inaction on tackling climate change. The 16-year-old Swedish climate activist, whose school strikes in 2018 sparked the so-called Fridays for future movement, is the youngest person to win the prestigious magazine title. Read more: Greta [...]
Lord Mayor in San Francisco with UK fintech delegation December 11, 2019 London’s Lord Mayor William Russell today begins a three-day visit to San Francisco as new research showed that the UK is the first choice overseas market for fintech-focused North American venture capital firms. A survey by financial data firm Preqin showed that 90 per cent of North American venture capital and private equity fund managers [...]
Chinese property firms in plans to upgrade eastern end of City December 10, 2019 Chinese firms that own swathes of the City are leading a drive to transform the area into a 24/7 leisure destination while maintaining its status as a leading global financial centre. The owners of the skyscrapers known commonly as the Cheesegrater and the Walkie Talkie are working with other landlords in an initiative to create [...]
Nissan faces £17m fine for Carlos Ghosn scandal, says Japanese watchdog December 10, 2019 The scandal engulfing Nissan over its disgraced former chairman Carlos Ghosn has brought the car maker a fine worth £17.1m from Japan’s markets watchdog. Nissan’s penalty is the second-largest ever in Japan for false financial reporting, and has been imposed for understating Ghosn’s pay, after he was arrested in dramatic circumstances in November last year [...]
Fighting fit: HR development Mind Gym profit more-than doubles December 10, 2019 Aim-listed HR development firm Mind Gym has posted a half year profit of £3.9m, up from £1.1m in the same six-month period to 30 September 2018. The company, which describes itself as “the global provider of human capital and business improvement solution” also saw revenue jump from £19.4m to £23.9m year-on-year. Half-year revenue was ahead [...]
Sorrell’s S4 Capital appoints two new directors as it turns focus to Asia December 10, 2019 Sir Martin Sorrell’s digital ad firm S4 Capital has appointed two new directors to its board as it turns its focus to Asia. S4 today announced that Naoko Okumoto and Margaret Ma Connolly will join as non-executive directors with immediate effect. Read more: Martin Sorrell’s S4 Capital boosts revenue and profit The appointments mean that [...]
It’s not just that Corbyn hates capitalism — he doesn’t even understand it December 10, 2019 It’S not exactly news that those at the top of the Labour party dislike capitalism. But what’s less often pointed out is how little they actually understand about it. Last week, on my Twitter account, I published something of a demolition of Labour’s claim to save every household £6,700 a year. After only a cursory [...]