Dunelm shares slide despite strong profit growth September 4, 2019 Shares in Dunelm slumped this morning despite strong profit growth as the homeware retailer warned of a challenging year ahead. Dunelm shares were down as much as nine per cent after it reported cautious outlook for the year ahead as Brexit uncertainty weakens consumer confidence. The figures Profit before tax was up 23.4 per cent [...]
Monzo beats Revolut to be crowned Linkedin’s best UK startup to work for in 2019 September 4, 2019 Challenger bank Monzo has been named Britain’s most-desirable startup for young professionals to work at, beating fellow challenger bank Revolut to the top spot. Social media giant Linkedin put Revolut in second place, while Starling Bank and Tide were also included in the top 10. Read more: Fintech firm Revolut leads list of UK’s top [...]
Hong Kong: Carrie Lam withdraws extradition bill that triggered protests September 4, 2019 Hong Kong’s chief executive, Carrie Lam, has formally withdrawn the controversial extradition bill that sparked over three-months of protests in the territory. Lam made the announcement in an internal meeting with pro-establishment lawmakers and Hong Kong delegates from China’s National People’s Congress, a source with knowledge of the matter told Reuters. Read more: Hong Kong [...]
Hong Kong leader Carrie Lam expected to withdraw controversial extradition bill September 4, 2019 Hong Kong’s chief executive, Carrie Lam, is reportedly set to announce the withdrawal of a controversial extradition bill that sparked three months of protests in the territory. The South China Morning Post reported that Lam would announce the formal withdrawal of the proposed bill later on Wednesday, citing unnamed sources. Other local media outlets also [...]
Tribute act: Why Ferrari’s F8 Tributo is an extraordinary piece of engineering September 3, 2019 Talk about hallowed tarmac. Fiorano is Ferrari’s private test track next to its world-famous HQ in Maranello. It was built in 1972 to run both road and racing cars. Driving it is a rite of passage for any serious Ferrari owner, and for many a motoring journalist. As I passed through the famous gates, I [...]
Zara distances itself from Hong Kong protest controversy September 3, 2019 Spanish fashion retailer Zara came out in support of China’s sovereignty over Hong Kong as it sought to distance itself from controversy over pro-democracy protests. In a statement published on China’s social media platform Weibo the high street brand, which is owned by the world’s biggest retailer Inditex said, it had not supported strikes. Zara [...]
This overblown rhetoric about ‘coups’ and ‘Nazism’ is in no one’s interests September 3, 2019 “This is Britain’s Reichstag Fire Decree moment.” That was one man’s reaction to Boris Johnson’s decision last week to prorogue parliament. It’s the kind of intemperate remark you expect in the wilder reaches of social media, where Godwin’s Law – the inevitability of someone bringing up Hitler in an online debate – is alive and [...]
Can’t name the UK technology secretary? That’s because we don’t have one September 3, 2019 Do you know who our secretary of state for technology is? Or can you name the tech minister? No? That’s not surprising, because they don’t exist. While we all might agree that technology is a key ingredient to a successful and vibrant economy and to our advancement as a society, there is still no one [...]
Richard Gould interview: Surrey’s chief executive on T20 Blast success, The Hundred and the fifth Ashes Test September 2, 2019 Surrey are enjoying a bumper summer, but Richard Gould is worried news of their prosperity might be getting lost among other cricket events. The hype from England’s World Cup win in July has, thanks to Ben Stokes, merged seamlessly into Ashes euphoria, creating a phenomenon Surrey have been reaping the benefits of. The club’s chief [...]
Eurotunnel reveals new customs system as it says it’s ‘ready for Brexit’ September 2, 2019 Eurotunnel is ready for Brexit, it told investors today, as it aimed to quell fears that there could be disruption to the key trade route. Around 5,000 trucks use the Channel Tunnel every day and the Paris-listed company has introduced a two-lane system for trucks post-Brexit. Read more: Grayling admits cabinet overruled him on Eurotunnel [...]