Ryanair profits nosedive 21 per cent in first quarter July 29, 2019 Ryanair’s profits tumbled 21 per cent in its latest quarter as the airline was battered by higher fuel and staff costs coupled with lower fares, it revealed today. Read more: Ryanair warns of summer 2020 problems due to Boeing 737 Max ban The figures Profit before tax fell 24 per cent year on year to [...]
Barclays Bank shakes up board ahead of ringfencing changes March 19, 2018 Barclays has reshuffled its board ahead of the creation of a separate retail and small business bank, as required by the UK’s ringfencing legislation. The bank is transferring its UK retail and small business operations to a new bank, Barclays Bank UK. Barclays Bank PLC will continue to own the group’s corporate and investment bank, [...]
Boris Johnson blasts ‘terrible collaboration’ between MPs and EU August 14, 2019 Boris Johnson has blasted pro-Remain MPs for a “terrible collaboration” with the EU to prevent a no-deal Brexit, during his first ‘People’s PMQs’. The Prime Minister used a live Facebook stream to answer pre-posted questions from members of the public, the first of which was about Brexit. Johnson said: “There’s a terrible collaboration, as it [...]
FTSE 100 round up: Smurfit Kappa, Kingfisher, Whitbread, BT Group and Mediclinic among biggest risers May 25, 2018 The FTSE 100 closed up 20 points today on 7,737 after a late rally. That marked a slight fall on last week when the market closed on 7,778 points. The biggest risers were paper giant Smurfit Kappa, Telecoms company BT, B&Q owner Kingfisher, hospitality company Whitbread and hospital group Mediclinic, which all added at least [...]
Former Kingfisher CEO Gerry Murphy to replace Sir John Peace as next Burberry chairman April 13, 2018 Former Kingfisher boss Gerry Murphy will be the next chairman of Burberry. Shares in the FTSE 100 fashion label were up 1.3 per cent just after lunchtime after Burberry confirmed a Sky News report revealing the appointment. Murphy will replace Sir John Peace, who took Burberry onto the stock market as chairman in 2002. He [...]
Sky Incredibles Wi-Fi advert banned after BT and Virgin lodge complaints March 6, 2019 An advert for Sky broadband has been banned after rivals BT and Virgin argued it made misleading claims about the company’s ability to boost home Wi-Fi networks. The advert, which featured characters from the hit animated film The Incredibles 2, depicted a Sky employee boosting Wi-Fi throughout the house using just a tablet. Read more: [...]
Crypto AM shines its Spotlight on Nodal April 30, 2019 We all know the internet has created a space where we can claim to be the version of ourselves we had always imagined. And while social networks have enabled catfishing to the extremes, the world of recruitment isn't safe from these Walter Mitty’s either. So how do you know someone is who they say they [...]
E3 2019: The biggest games, trailers and announcements June 12, 2019 Watch Dogs Legion British politics has now well and truly seeped into the cultural groundwater. According to the game’s French publisher Ubisoft, the latest entry in the Watch Dogs series is set in a dystopian vision of “post-Brexit” London. The Grand Theft Auto-alike allows you to freely drive and roam around a near-future version of [...]
Barclays to install ex-boss of B&Q-owner Kingfisher Sir Ian Cheshire as chair of its UK operations February 26, 2017 Barclays is set to announce Sir Ian Cheshire as chair of its UK ringfenced operations tomorrow. Under the ringfencing rules, banks have until 2019 to split their retail units away from their investment divisions. Sky News, which first reported the news of Cheshire's impending appointment, revealed the Prudential Regulation Authority, the banking sector watchdog, has now [...]
Carpetright share price drops nearly 50 per cent as it warns profits will be “significantly” lower January 19, 2018 Troubled retailer Carpetright has slashed its full-year profit expectations after a “sharp deterioration” in UK trading. Shares in the firm dropped more than 48 per cent to 85p at the market open. UK like-for-like sales dropped by 3.6 per cent in the period due to lower customer footfall, the company said in a gloomy trading [...]