‘Bad for business’: Financial lobby group criticises McDonnell’s planned financial transactions tax September 12, 2019 Shadow Chancellor John McDonnell’s plans to extend the scope of Labour’s proposed financial transactions tax have come under criticism from the head of a City lobby group. “A tax on financial transactions would be bad for business, bad for investors, bad for savers, and bad for the economy,” said Miles Celic, chief executive of Thecityuk. [...]
Ted Baker to ditch Debenhams for Next on children’s clothing range August 16, 2019 Ted Barker is set to end its deal to sell its children’s clothing range at Debenhams’ stores in the latest blow to the department store chain. Instead, Ted Baker will team up with Next, who are going to “create and sell” Ted Baker-branded clothes, shoes and accessories for babies and children. Read more: Ted Baker [...]
Woodford Patient Capital Trust share price sinks amid writedown September 13, 2019 Neil Woodford suffered a fresh blow today as shares in his listed investment fund dropped after it was forced into a writedown of the value of a holding. Woodford Patient Capital Trust’s (WPCT) share price sank 3.7 per cent in early trading after administrator Link marked down the unnamed holding. Read more: Woodford Trust and [...]
Exclusive: Politicians slam House of Fraser for continuing to sell Presidents Club clothing line January 30, 2020 Politicians, businesswomen and equality campaigners have called on House of Fraser to stop selling a clothing line appearing to reference the Presidents Club dinner where businessmen allegedly groped hostesses. The Presidents Club annual dinner was plunged into scandal in 2018 after details emerged of attendees’ behaviour and revealing dresses hostesses were told to wear. The [...]
Cyber success is vital to the UK’s future January 30, 2020 From the Bletchley Park codebreakers to Tim Berners-Lee and the invention of the World Wide Web, the UK has a rich heritage of computing technologies. We see this pedigree coming through in our cyber businesses. Take Darktrace, the UK’s first cyber firm valued at over £1bn, which is changing the way businesses protect critical data [...]
Business calls for clarity and collaboration after MAC report January 28, 2020 Businesses have called on the government for clarity and collaboration in building the UK’s new immigration system, after an influential report was published this morning. The Migration Advisory Committee (MAC) this morning recommended a two-pronged approach combining the Australian-style points system so beloved of Brexiters alongside a salary threshold. However the MAC argued that the [...]
Founders need the stamina to run a marathon, not a sprint January 13, 2020 Who’d have thought it? Turns out that marathons are good for you. New research last week revealed that one of the best ways to reduce your cardiovascular age is to get your jogging shoes on and complete the mammoth test of endurance. This comes despite years of expert warnings that this type of exercise was [...]
Intu share price fall continues after dividend cancellation August 1, 2019 Shares in retail landlord Intu continued to fall this morning after the Trafford Centre owner yesterday cancelled its dividend as it fell to a £900m loss. Intu’s share price was down as much as 6.7 per cent at 44.6p this morning before recovering slightly to 45.45p. Read more: Intu share price crashes at it cancels [...]
World Cup 2018: What we learned from day 25: Mbappe or Hazard can fill Ronaldo’s shoes, set pieces are crucial and Deschamps solves tactical puzzle July 10, 2018 It’s very typical of Cristiano Ronaldo to upstage others in the footballing arena. Although he didn’t manage to steal the thunder of a World Cup semi-final tonight, his move from Real Madrid to Juventus did offer an interesting sub-plot to the events in St Petersburg. Ronaldo’s departure offered up an obvious question: what next for [...]
Japan pulled off an incredible Rugby World Cup this year capped off by Siya Kolisi lifting the trophy December 19, 2019 Without doubt, the highlight of the year was the Rugby World Cup. It was held in Asia for the first time and Japan did a magnificent job as hosts. Everyone was so welcoming and friendly; it is truly an amazing place. Despite the tragedy of Typhoon Hagibis, which ripped through the country and caused devastation, [...]