Carphone Warehouse cyber attack probed by data watchdog ICO August 10, 2015 Dixons Carphone has suffered its first major blow since last year’s £4bn merger after admitting to a huge data breach that has put millions of customers at risk and sparked an investigation by the UK’s data watchdog. The Information Commissioners Office (ICO) said yesterday that it is “making enquiries” into the attack after being [...]
US Open: Victorious Jordan Spieth takes earnings past $15m and sends Under Armour share price soaring June 23, 2015 Under Armour's share price enjoyed a two per cent lift yesterday after sponsored golfer Jordan Spieth secured his second major of the year. Read more: Jordan Spieth's sponsor Under Armour was the other winner at the 2015 Masters The prodigious 21-year-old, who became the youngest player to win the US Open on Sunday, is just six [...]
Twitter rules out Jack Dorsey as permanent CEO kicking off formal search for new boss June 22, 2015 Twitter has announced that it is formally searching for its new chief executive to replace Dick Costolo, who is standing down at the beginning of next month. Co-founder Jack Dorsey has been named interim chief executive of the social media giant. However, in a statement, the firm said it has established a search committee in [...]
Fifa crisis: Barclays, HSBC and Standard Chartered to launch internal review following FBI investigation May 31, 2015 Barclays, HSBC and Standard Chartered are all believed to have launched internal investigations into their role in the Fifa corruption scandal that has engulfed world football this week. The British banks were all named in the US Department of Justice's (DOJ) lawsuit against 14 people – including nine Fifa officials – for racketeering, wire fraud and [...]
Dixons Carphone hikes dividends as it smashes forecasts July 16, 2015 It seems Dixons Carphone is reaping the benefits of being the UK's last electronics retailer standing, after full-year profits smashed expectations. The figures Formed by a merger of electronics giant Dixons and mobile phone retailer Carphone Warehouse last year, the company has gone from strength to strength since its creation. Results for the 13 months [...]
Savour 2015: The foodie revolution arrives in the Maldives at Coco Bodu Hithi June 21, 2015 The Coco Residences set out in a circle formation at Coco Bodu Hithi A friend once told me, in total bafflement, about a couple who left their honeymoon in The Maldives early. They were bored, she said, in the midst of the Indian Ocean, so changed their plans and spent the rest of their [...]
Tucking into a tikka and a good cause April 16, 2015 PRINCESS Anne, the business elite and military brass all turned out yesterday for the Lord Mayor’s Big Curry Lunch, raising around £350,000 for ABF The Soldier’s Charity, which has aided returning and retired British troops since 1944. After the masala was munched and the dahl was devoured bidding got underway in a charity auction. The [...]
Simple ways to save your heirs from an inheritance tax headache June 16, 2015 Nearly 10 per cent of deaths will be subject to inheritance tax (IHT) by 2018-19, up from 4.8 per cent in 2013-14, according to the Office for Budget Responsibility. Originally designed to only be levied on the very richest, a combination of rising house prices and successive governments’ failure to substantially lift the threshold at [...]
Hammerson sells Sheffield’s biggest retail park for £62m April 23, 2015 HAMMERSON said yesterday it has sold Drakehouse Retail in Sheffield as it looks to focus on its other major developments in Croydon and Brent Cross. The FTSE 100 property group has sold the 21,000 square metre retail park located to the south east of Sheffield city centre to 90 North Real Estate Partners for £61.7m. [...]
Dixons Carphone ups full-year profit forecast after smashing expectation with fourth quarter sales June 3, 2015 The figures Sales at Dixons Carphone were up nine per cent in the fourth quarter to 2 May, higher than the four per cent analysts had predicted. The mobile and electronics retailer has upped its profit outlook for the year as a result, saying it will be "slightly above" its previous guidance of £355m to £375m. [...]