HSS Hire IPO: Equipment rental company tools up for float with retail offer January 12, 2015 The equipment hire firm is banking on UK economic growth. Equipment rental company HSS Hire yesterday started the engine on a £103m float aimed at selling a quarter of the company’s stake and reducing its £200m debt pile. The listing, like that of the Trainline.com, announced last week, will include a retail offering to [...]
N Brown warns on profits after Indian Summer October 9, 2014 SHARES in N Brown slumped 13 per cent yesterday after the company was forced to cut its full-year profit forecast just three weeks after saying it was on track to meet expectations. Chief executive Angela Spindler said the company, which targets older and plus-sized shoppers with brands such as Jacamo and Simply Be, had been [...]
Glynn leaving as Ladbrokes hunts new chief December 3, 2014 GAMBLING firm Ladbrokes announced yesterday it was on the hunt for a new chief executive, with current boss Richard Glynn set to relinquish the role next year. The FTSE 250-listed company said that Glynn’s mandate at Ladbrokes, since his appointment as CEO in April 2010, had been to implement a re-engineering of its operational and [...]
BAE takes flight in cyber security sector with $233m bid for SilverSky October 21, 2014 Defence firm BAE Systems is looking to expand into the cyber security sector with a $232.5m (£144.2m) bid for SilverSky. SilverSky, owned by US company Perimeter Internetworking, is a cloud-based security services provider with 5,500 customers in the financial services, retail, healthcare, energy, critical infrastructure and manufacturing sectors. It is focused mainly on the US [...]
Nigel Farage’s confusion on sex education is just the latest in a series of Ukip policy flip-flops December 3, 2014 Ukip has once again had to clarify party policy after Nigel Farage appeared to disown the position held by his deputy Paul Nuttall that sex education should be scrapped for primary school children. Speaking in an ITV debate with young voters, the Ukip leader said: I have never advocated that policy … I know there [...]
Which supermarket wine wins top of the shops? Corks pop as M&S nets 73 medals December 2, 2014 Here's one thing the discounters aren't winning at. Aldi may just have launched its own range of fine wines, but this Christmas we'll be raising a toast to Marks & Spencer, which has just netted 73 medals at the International Wine Challenge (IWC). The supermarket won five gold medals, 21 silvers and 47 bronzes for [...]
Commuting to London: Three in five passengers will have to stand on Thameslink’s new Siemens Class 700 trains October 20, 2014 If you commute into London each morning, make sure you have a comfy pair of shoes with you – you'll be spending most of your time standing up once the government's new German-built Siemens commuter trains are introduced. The “Class 700” trains will start running from 2016 along the Thameslink and Great Northern routes, [...]
Chatting to the Queen about the smartphone era December 16, 2014 The boss of Imagination tells Ollie Gordon how he discussed tech with Elizabeth II IT WASN’T something I was expecting, it was hugely humbling,” says Sir Hossein Yassaie of the knighthood he received from the Queen in the New Year’s Honours list last year in recognition of his services to technology and innovation. Yassaie, the [...]
From overtime holiday pay and immigration to the EU bill and John Lewis’ Christmas advert: 10 things we learned this week November 8, 2014 1. Businesses are going to have to start giving workers holiday pay for overtime. But it's quite complicated and likely to be subject to a few appeals so it's still a bit up in the air. 2. John Lewis is the king of Christmas adverts. That's not just our view, but the view of [...]
Mindfulness, robots and Will.I.Am: Eight things you need to know about Davos 2015 January 20, 2015 Caloo, calay: it's that time of year again, when leaders flock from the four corners of the globe to a smallish mountain town in the Swiss Alps, so they might wear ridiculous snow boots, slide over ice-covered streets in an undigified manner and generally discuss matters of grave world importance. For today, 2015's World Economic [...]