Saga picks former Co-op exec as new chief in bid to turn fortunes around November 28, 2023 Over-50s specialist insurer Saga has announced that chief financial officer Mike Hazell will replace Euan Sutherland as chief executive effective immediately. Hazell was CFO at The Co-op Group before joining Saga in October and had previously been with Debenhams for almost 12 years. Mark Watkins will replace Hazell as CFO So-called claims inflation of around [...]
STM Group suffers fall of profits and earnings on eve of acquisition by pensions rival June 27, 2024 Retirement and estate planning firm that owns Options Pensions' suffered a fall in profits, reported earnings per share and reported operating margins in 2023, on the eve of its acquisition from a rival firm completes.
Retailers blame Royal Mail strikes for Brits abandoning online shopping in the run up to Christmas January 20, 2023 Thousands of Brits appear to have abandoned online purchases following a series of strikes by Royal Mail employees, according to figures from the Office for National Statistics. Figures released by the ONS show that the proportion of online sales slipped by 0.5 per cent to 25.4 per cent in December. Retailers laid the blame on [...]
Our secret services need to learn how to come out into the open to succeed December 12, 2022 We know very little about our intelligence agencies. Secrecy has long been the British way: Harold Macmillan summed the attitude up when, in 1963, he was asked in the House of Commons about Kim Philby’s defection to Moscow. The old actor-manager replied wearily, “It is dangerous and bad for our general national interest to discuss [...]
Landsec books nearly £200m loss as it shrinks presence in London November 15, 2022 British property investment trust Land Securities, known as Landsec, has booked a nearly £200m loss over the past six months as interest rates sting. It follows a £275m profit in the same period last year, as the company retreats out of London. Landsec, one of the largest office leasers in London, has cut the capital’s [...]
Man tasered on Chelsea Bridge before falling into Thames dies in hospital June 5, 2022 Press Association A man who ended up in London’s River Thames after police fired a Taser in a bid to detain him has died, the Independent Office for Police Conduct (IOPC) has said. Police were called to Chelsea Bridge Road, west London, on Saturday morning after receiving reports that a man was armed with a [...]
SFO boss to promise more dawn raids and swifter action to tackle fraud February 12, 2024 The head of the UK's anti-fraud agency will set out his vision for a "bolder, pragmatic, more proactive" prosecutor this week in his first public speech since taking up the position late last year.
Police ‘less likely’ to arrest Just Stop Oil activists using slow march tactic December 6, 2022 Just Stop Oil demonstrators marched through the Square Mile bringing it to a standstill today, with police saying it is “less likely” to arrest them due to their new tactics. The environmental group marched slowly along Old Kent Road through the City and to South London, followed by three vehicles and 10 officers. In the [...]
Sadiq Khan freezes TfL fares after drumming up extra £123m January 19, 2024 Tube and rail fares will be frozen until March 2025 after Mayor Sadiq Khan drummed up an extra £123m in funding for TfL.
Olympia London: ‘Transformative’ glass canopy added to £1.3bn Hammersmith project June 11, 2024 Olympia, the £1bn regeneration scheme in Hammersmith, has unveiled its “transformative” glass canopy as construction works continue to get underway for the landmark development.