Uber narrows losses to $1.8bn in 2018 but revenue growth slows ahead of IPO February 16, 2019 Uber narrowed losses last year but saw revenue growth slow dramatically in the fourth quarter ahead of its IPO. The ride-hailing app said revenue grew just two per cent in the final three months of 2018 to $3bn (£2.3bn), a slowdown from the 38 per cent rise the previous quarter. Read more: Lyft to pitch [...]
Millennium & Copthorne warns of ‘challenging’ 2019 as profits plummet 28 per cent February 15, 2019 Millennium & Copthorne warned today that it anticipates a challenging 2019 as it revealed that profits fell 28 per cent last year. The figures In its full year results, the hotel company reported that profit before tax for 2018 fell 28 per cent to £106m in 2018, down from 2017's total of £147m. Revenue also slipped [...]
How the Tottenham Hotspur Stadium was designed and the future of football grounds August 27, 2019 The third of April 2019 was a big day for Christopher Lee. After months of delays, speculation and criticism the Tottenham Hotspur Stadium officially opened its doors, with Spurs facing Crystal Palace in the Premier League. For the stadium’s project director it was the culmination of eight years of hard work – a chance for [...]
Taxi firm Addison Lee loses appeal against drivers earning national minimum wage and holiday pay November 14, 2018 Taxi firm Addison Lee lost its appeal against an employment tribunal decision today, which found that drivers were not self-employed contractors running their own businesses but in fact employees of the taxi company. The Employment Appeal Tribunal (EAT) upheld the Employment Tribunal’s September 2017 ruling that drivers were entitled to receive the national minimum wage [...]
The Sky’s the limit May 23, 2019 I’ve always been fascinated by the media. That’s just as well I suppose, as I run a reputation management firm. But I am constantly intrigued by its influence, its reach, the way it works – and always, always the stories going on behind the scenes. So it was a genuine pleasure to welcome Jeremy Darroch, [...]
Facebook and Tesla: what to expect from earnings April 24, 2019 Facebook: a juggernaut in motion Facebook will report fiscal first quarter earnings after the market closes on Wednesday. Consensus EPS forecasts indicate $1.63, on revenues of a little short of $15bn. This would represent a roughly 4 per cent decline in EPS from the $1.69 reported in the same quarter a year before. However, the advertising [...]
Boris Johnson conference speech 2019 live: PM rules out checks at border October 2, 2019 This is a rolling news story, so please refresh to get the most recent updates 2.10pm: Bookies cut odds on no-deal Brexit Meanwhile, Johnson’s insistence that the only alternative to a Brexit deal is a no-deal Brexit meant bookies shortened the odds on that outcome. Ladbrokes put odds at 5/2 in favour of a no-deal [...]
Focus On Camden: Camden Market turns 45 tomorrow, but how much have house prices changed in this cultural hotspot? March 29, 2019 Today, a London institution reaches proper middle-age. Camden Market – once home to punks and mods, now home to an awful lot of tourists looking for the punks and mods – turns 45 on 30 March 2019. It could be home to you, too, if you can afford it. The average second hand sales price, [...]
Wolves on course for Europa League, but is becoming the Premier League’s best of the rest worth it – or a poisoned chalice? March 28, 2019 Should Burnley manager Sean Dyche feel moved to dispense some characteristic no-nonsense wisdom to his opposite number this weekend, it might be of the be-careful-what-you-wish-for variety. Occupying the visitors’ dugout at Turf Moor on Saturday will be Nuno Espirito Santo, a rising star whose Wolves team have cut a dash in their first season back [...]
Monica Seles: “I really don’t care about my legacy. I care about the present and being a good person.” March 11, 2019 “I really don’t reflect. I kind of stay in the moment,” says Monica Seles. It seems a remarkable sentiment for someone with such a glorious career to look back on, but then the past is a complicated place for the 45-year-old Tennis Hall of Famer. Even in sport’s vivid canon, few stories can touch that [...]