The Metropolitan Police’s website and Twitter suffer from bizarre hack July 20, 2019 The Metropolitan Police’s website was hacked on Friday night as it posted a series of bizarre emails and tweets. A stream of unusual emails were sent from the force’s press office at around 23:30 BST last night. Read more: Police open probe into ambassador’s leaked Trump emails While a number of tweets, which have since [...]
New homes: Our pick of the new builds going on sale in London this weekend July 19, 2019 Grand Union, Alperton From £350,000 for a studio Homes are now available to buy at Grand Union, the major regeneration project being undertaken by St George, which has seen the developer open up a previously inaccesible section of the Grand Union Canal. The development in Alperton will comprise 3,000 studio, one, two and three-bedroom homes, [...]
Why Taiwan thinks that freedom is contagious July 19, 2019 The grand Renaissance style building feels like an embassy, but it isn’t. David Lin talks like an ambassador, but he isn’t. His official title is Representative, and 50 Grosvenor Gardens is Taiwan’s Representative Office in the UK. Taiwan has its own democratic system, currency and military but its official name remains the Republic of China [...]
Netflix loses its chill: Four ways the streaming giant can recover July 18, 2019 Netflix shares dropped roughly 11 per cent when Wall Street opened today, as bleary-eyed investors reacted to a disappointing set of second-quarter results. The streaming firm posted a 26 per cent rise in revenue to $4.9bn (£3.9bn), but added just 2.7m worldwide subscribers, well below its 5m forecast. Read more: Netflix to open huge UK [...]
Jeremy Hunt misses crucial government Brexit vote by mistake July 18, 2019 Jeremy Hunt has apologised after accidentally not voting with the government on a bill designed to block a no-deal Brexit. The government fell to a resounding defeat today as one minister quit and many other cabinet members abstained during a vote to bring MPs immediately back to parliament if the Commons is suspended before the [...]
Post Office appoints ex-Nisa boss Nick Read as chief executive July 18, 2019 The Post Office has appointed consumer business veteran Nick Read as its new group chief executive. Read will join the group in September and replace outgoing chief executive Paula Vennells, who earlier this year announced plans to step down after seven years in the job. Read more: Use your local post office or lose it [...]
Wealth management arm helps Morgan Stanley to beat profit estimates July 18, 2019 Morgan Stanley reported a dip in profits during the last three months, but followed several of its big banking peers this week by trumping Wall Street estimates. Read more: Danske Bank misses profit estimate after troubled 12 months The US multinational group posted earnings of $2.2bn (£1.76bn), or $1.23 a share, falling from $1.30 per [...]
Easyjet grows revenue in ‘robust’ quarter as new COO joins July 18, 2019 Easyjet boosted revenue 11 per cent to £1.8bn in its third quarter, the airline revealed today, saying it is on schedule to hit market expectations on profit. Read more: Easyjet losses soar to £275m after fuel price hike and Gatwick drone chaos The airline also posted higher passenger revenue, growing that 10.7 per cent year [...]
Young voters today care about far more than just tuition fees July 18, 2019 Student debt is, once again, pledge fodder as politicians jostle for power. Conservative leadership hopeful Jeremy Hunt has promised to wipe student debt for successful entrepreneurs and reduce interest on loans, the Brexit Party has pledged to remove and reimburse interest altogether, while Labour has long vowed to scrap tuition fees entirely. It’s not hard [...]
City Moves for 17 July – Who’s switching jobs at BGF, FXD Capital and Calastone? July 17, 2019 Today’s City Moves includes BGF, FXD Capital and Calastone. BGF BGF, a UK and Ireland investor in growing companies, has expanded its London team with the appointment of Rowan Bird as an investor. Rowan joins from the M&A team at Lazard where he spent three years working as an investment banking analyst, specialising in basic [...]