A burden or a blessing? PFIs look set for a return under Labour August 13, 2024 Reports that Rachel Reeves is mooting the use of private finance to fund the £9bn Lower Thames Crossing has fuelled chatter that Private Finance Initiatives could be set for a return.
Tory leadership race: Tom Tugendhat slams Elon Musk riot comments as ‘delusional’ August 13, 2024 Tory leadership contender Tom Tugendhat has branded Elon Musk’s comments about the UK facing civil war “delusional” and “false”. The former security minister was asked about the social media boss’ remarks on his platform X, formerly Twitter, during a speech this afternoon about the recent far right riots in the UK. Musk recently posted that [...]
Selfridges’ new chief faces an uphill battle August 13, 2024 Selfridges’ new CEO, André Maeder, has his work cut out for him. The company has managed to survive the gruelling pandemic years – largely by cutting jobs and moving online – a tough cost-of-living crisis and an acquisition in 2022. But seasoned retailer Maeder, who was officially announced two weeks ago and starts in November, [...]
Tory leadership race: Who is standing to be leader of the Conservative Party? August 13, 2024 Following Labour’s election victory on July 4, Rishi Sunak announced he would be standing down as leader of the Conservative Party. So, the race is on to find out who the next leader of the opposition will be, chosen by Tory MPs and party members. We’ve rounded up all the contenders, who will be whittled [...]
John Lewis to make redundancies as major store changes announced August 13, 2024 Department store giant John Lewis is to cut more than 150 jobs as it unveiled a major restructuring plan to its partners. The company is to reduce its headcount by 153 roles, about one per cent of its current workforce, which it hopes to achieve by natural attrition and voluntary redundancies. The news was first [...]
Banksy: City of London moves art installation to Guildhall so it’s ‘properly protected’ August 13, 2024 The City of London has moved an installation from mysterious artist Banksy to protect it and allow the public to view it. On Monday, a City of London sentry box appeared with artwork, depicting piranhas in a fishtank, in the heart of the Square Mile, by Ludgate Hill. Commuters and onlookers were seen taking pictures [...]
Crest Nicholson shares slump as Bellway walks away from £720m takeover August 13, 2024 London-listed housebuilder Bellway has announced it will not make a firm offer to buy rival Crest Nicholson with the company stating that its “strong balance sheet” and land bank would be sufficient to fuel growth independently. Following the announcement Crest Nicholson’s shares slumped by just over 16 per cent to 221p per share. Bellway first [...]
What Paris should learn from London’s Olympic media legacy August 13, 2024 The 2024 Olympics are over and Parisians peeved at the general logistical chaos inflicted on them by the influx of tourists will be breathing an ‘ooh la la’ of relief. But, like the short-lived breakdancing event that has been axed for the 2028 Games, the actual sport is just a fleeting moment in the grand [...]
TikTok Olympics and the Snapchat Summer: How Paris 2024 went digital August 13, 2024 Whether it was a Peter Griffin Family Guy soundtrack on Rachael Gunn’s breaking routine or Henrik Christiansen on TikTok with his chocolate muffins, the Paris 2024 Olympic Games have been dominated by social media and digital experiences. Content has engaged audiences, sent moments viral and, at times, encouraged trolling – but Paris 2024 felt like [...]
London security on high alert ahead of Taylor Swift gigs August 13, 2024 Taylor Swift will return to the UK on Thursday for a string of five gigs at London’s Wembley stadium, putting the capital’s security services on high risk – particularly in light of the cancellation of her shows in Vienna after a foiled terrorist attack. “We are seeing very tense times,” Yair Daren, director of London-based [...]