Grassroots group Momentum fined £16,700 for ‘multiple breaches’ of electoral law March 6, 2019 Jeremy Corbyn-supporting group Momentum has been fined £16,700 by the Electoral Commission for "multiple breaches" of electoral law during the 2017 general election. The political finance regulator said it had levied the grassroots activist group with the highest fine for a non-party campaigner over an inaccurate 2017 general election spending return – for which it was [...]
Cleared Tesco executive launches legal action against supermarket following £250m accounting scandal January 25, 2019 A former Tesco executive recently cleared over the retail giant’s £250m accounting scandal is suing the supermarket following the collapse of the Serious Fraud Office's (SFO) case against him last year. Chris Bush, one of Tesco’s most senior employees who joined the supermarket chain upon leaving school, was acquitted of charges of fraud and false [...]
Former Stobart boss Andrew Tinkler makes capital injection offer for ailing airline Flybe February 3, 2019 Former Stobart chief executive Andrew Tinkler has made a capital injection offer for ailing airline Flybe as it prepares to complete a proposed sale to a group led by Virgin Atlantic. The Flybe board today confirmed it had received a "very preliminary, short and highly conditional outline contingency proposal" from Tinkler, who was fired from the Stobart board last summer amid [...]
Sir Martin Sorrell fights hard to remain king of adland December 6, 2018 Sir Martin Sorrell channelled his inner Frank Sinatra recently and proclaimed that the success of his new venture S4 Capital would be “the best form of revenge” against WPP. “I want to build the best,” the businessman said of his new advertising outfit, which he previously called a “peanut” in comparison to the global scale [...]
Sir Philip Green accused of sexual and racial abuse and making £1m payouts in exchange for silence February 9, 2019 Topshop billionaire Sir Philip Green paid a female employee £1m to keep quiet after she accused him of kissing and groping her, according to a report in the Daily Telegraph. The paper alleges that Sir Philip called the senior female member of staff a “naughty girl” and made comments about her weight. It reported that [...]
DEBATE: Should gig economy workers be given more rights and protections, as John McDonnell suggests? September 12, 2018 Should gig economy workers be given more rights and protections, as John McDonnell suggests? Brhmie Balaram, senior researcher in the RSA’s Economy, Enterprise and Manufacturing team, says YES. I imagine most people would agree with John McDonnell that it would be desirable to grant gig economy workers more rights. At the same time, they might [...]
What we all need for Christmas is a little perspective December 20, 2018 Perspective can be hard to find and even harder to appreciate. Having moulded my life into the rhythm of a daily print operation, looking further ahead than tomorrow has become a challenge. Life, as they say, comes at you fast. And if it's your job to catch as much of it as possible, filter it, prioritise [...]
Stobart and former boss Andrew Tinkler to begin courtroom battle this morning November 12, 2018 The bitter boardroom battle between Stobart and a former company boss will come to a head this morning as the trial into the dismissal of Andrew Tinkler gets under way. The Southend Airport owner claims Tinkler led an unlawful conspiracy against the company with an unsuccessful attempt to topple chairman Iain Ferguson in July. Tinkler [...]
European Court rules that UK pension lifeboat must lift compensation cap September 6, 2018 The Court of Justice of the European Union ruled today that pensioners should receive at least 50 per cent of the value of their pension in the event that their employer goes bust. The UK’s pensions lifeboat, the Pension Protection Fund (PPF), had capped compensation for those that had lost their pensions when their employers [...]
The high five: your guide to the most valuable start-ups June 13, 2019 It was the year of America’s 200th birthday, of a scorching heat wave in the UK followed by a huge sterling crisis, and it was the year that the only unelected president in US history, Gerald Ford, went down at the polls to the former Governor of Georgia, Jimmy Carter. Less remarked at the time [...]