Countdown to Brexit: What Boris Johnson must do in his first 100 days as Prime Minister July 23, 2019 The political world has thrown up some unexpected events in recent years, but Boris Johnson failing to win the Conservative leadership contest today would surely top the lot. The former foreign secretary has been the favourite to succeed Theresa May even before she announced her resignation, and today the election results showed he won with [...]
Beazley profits almost triple as policy premiums rise July 23, 2019 Beazley has raised its outlook as profits more than doubled in the first half of its financial year, with the insurer hailing higher policy rates after years of expensive payouts for natural disasters. Read more: Profits halve as Beazley endures natural disaster losses The figures Beazley recorded higher profit before tax of $166.4m, an increase [...]
Speculation mounts over potential job cuts at UniCredit July 22, 2019 Fears of a severe job cull at UniCredit emerged this evening, rocking Europe’s banking sector just weeks after rival Deutsche Bank swung the axe on its own staffing operations. Italy’s largest bank is understood to be weighing up a move to slash 10,000 jobs as part of a new cost-cutting strategy. Read more: Metro Bank [...]
Families feel ‘ripped off’ by overseas holiday costs July 22, 2019 Two-thirds of families felt “ripped off” on their last trip abroad, with the cost of making card payments the biggest annoyance for British holidaymakers. Travellers can be hit with extra charges of around 2.7 per cent for each card transaction while abroad, as well as fees at cash machines. Read more: Heathrow summer strikes threaten [...]
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 [...]