RMT confirms Boxing Day strike at key Bakerloo Line stations December 12, 2018 Bakerloo Line station staff are set to strike on Boxing Day, as commuters face further misery over the Christmas holidays. With a strike on the Central Line already set to hit Christmas shoppers, the RMT union now plans to withdraw station staff at key stops along the Bakerloo Line. Staff will not turn up to [...]
Littlewoods and Very owner Shop Direct enjoys Christmas sales bounce January 14, 2019 Very and Littlewoods operator Shop Direct saw a rise in revenues over the festive period, as Black Friday discounts and Christmas shopping boosted sales. Revenue climbed 3.7 per cent year-on-year for the seven weeks to 28 December, with clothing and footwear seeing a particular bounce, rising eight per cent at group level. Very, the company’s [...]
London housing market faces negative outlook for start of 2019, warn surveyors January 17, 2019 Fresh fears for the future of London’s subdued property market were brought to light this morning, with forecasts for growth in the capital hitting their lowest levels in two decades. As uncertainty bites both buyers and sellers, a record number of surveyors are predicting that activity in the capital will remain negative over the next [...]
Bipartisan group reaches deal to avoid another US shutdown over Mexico border wall – but will Trump support it? February 12, 2019 US politicians thrashed out a finance deal late last night to prevent a renewed government shutdown, but fears loomed over whether President Donald Trump would support the deal. Republicans and Democrats secured an agreement which included just under $1.4bn (£1bn) for 55 miles of fencing to be built along the US border with Mexico. Read [...]
Playtech pays €28m to settle Israeli tax audit after shares shaken by Italy gambling tax January 2, 2019 Betting software firm Playtech has agreed to pay €28m (£25.2m) to settle a run-in with Israeli tax authorities. Israel had audited the company’s accounts between 2008 and 2017, with the additional tax payment covering this period. The company will face no penalties once it makes the payment in the next 30 days. The news comes shortly [...]
MPs launch inquiry into drone risk after Gatwick travel chaos March 7, 2019 MPs have launched an investigation into the ethical and safety implications of drones in the wake of travel chaos at UK airports. The Science and Technology Committee (STC) has launched a probe into the use of civilian drones across the UK ahead of the government’s so-called Drone Bill, which is expected this year. Read more: [...]
Jingle sells: Ice rinks and golden baubles on the wishlist as Christmas decorators report best year yet November 25, 2018 Live reindeer, ice rinks and 22 carat-gold Christmas tree baubles – these are the extravagances on offer as wealthy homeowners increasingly turn to interior designers to decorate their houses this festive season. For a growing number of the rich and famous, gone are the days of struggling to put up the tree with the children. [...]
UK pump prices have hit a four-year high this Christmas December 24, 2017 Drivers are facing the highest pump prices since 2013 this Christmas. According to the AA, people travelling more than 200 miles to be with their families on Christmas Day will be forced to spend £5 more on petrol if they fill up on the motorway, as opposed to a supermarket. Petrol averaged 120.69p per litre [...]
Private equity buyout deals soar more than 50 per cent in pre-Brexit rush January 24, 2019 Private equity buyout deals were up more than 50 per cent in the fourth quarter of last year driven by the pressure to complete agreements ahead of Brexit. Analysis of UK mid-market activity showed that the figure was 56 per cent higher that the fourth quarter of 2017, and activity levels hit a 10-year high. [...]
Domino’s Pizza sells one pizza every 12 seconds, but ‘growing pains’ take a slice out of profits January 29, 2019 Domino's Pizza emerged as an unlikely competitor to the traditional turkey, stuffing and pigs in blankets over the festive period, with the chain selling a pizza every 12 seconds in the run-up to Christmas. But despite this, the fast food giant's shares were down nine per cent this morning as it admitted European growing pains [...]