Monitise share price plummets for second day despite attracting “a number” of potential buyers January 23, 2015 Monitise's share price has tanked for a second day running, despite confirming that it had received “a number of expressions of interest” in buying the business the board said this afternoon a day after the mobile banking firm was put up for sale. Monitise, which also issued its third warning on revenues in a [...]
David Cameron outlines legislation for increased Scottish powers – but there’s no mention of haggis in this Burns Night address January 23, 2015 Prime Minister David Cameron gave his spin on a Burns Night address last night – but he failed to mention haggis once. To be fair, the speech was more taken up with his plans for the people of Scotland post-referendum, specifically to note the publication of draft legislation detailing new powers for the Holyrood [...]
London mayor Boris Johnson visits British military while on trade visit to Kurdistan region of Iraq January 23, 2015 The mayor of London has popped up in the Kurdistan region of Iraq to promote trade links between the region and the UK, highlighting the "commercial opportunities and infrastructure development". Boris Johnson was invited over by the prime minister of the Kurdistan Regional Government Nechirvan Barzani and will meet business leaders in the hope [...]
Prince Andrew uses Davos platform to reaffirm denial of underage sex claims January 23, 2015 Prince Andrew has used his appearance at Davos to make his first public comment on allegations that he had sex with an underage girl by strongly denying the claims. Speaking at an event at the World Economic Forum last night, the prince – who is fifth in line to the throne – told business [...]
New headache for Southeastern rail bosses as campaign group warns of epilepsy risk over flickering light January 22, 2015 Bosses at Southeastern have got another headache building, and this time it's being caused by flickering lights. A campaigning group has written an open letter to Southeastern managing director David Statham to complain that the "rapidly flashing on-train displays" could provoke an epileptic fit, claiming it is "an issue that needs urgent attention". [...]
Former home secretary Leon Brittan has died aged 75 January 22, 2015 Former Conservative MP and one-time home secretary Leon Brittan has died aged 75. Brittan's family has confirmed that he died last night (January 21) after "a long battle with cancer". The statement added: "As a family we should like to pay tribute to him as a beloved husband to Diana and brother [...]
More hotdesking or straight to the broom cupboard? BBC told to improve space usage to meet targets on estate costs January 22, 2015 Fans of BBC spoof W1A – in which the hotdesking policy means there is never enough space, even for the mighty Hugh Bonneville – could chuckle at the National Audit Office's review of Aunty's estate management issues. Because although it has made "significant achievements" in reducing the cost and size of its estate, as [...]
Tesco launches supplier network as supermarket rebuilds trading relationships January 22, 2015 Tesco has launched an online network for its 5,000 suppliers, as the supermarket attempts to heal the rift with its trading partners. The supermarket giant has come under fire in recent months for the way it deals with its suppliers as the fall-out from its £263m profit blackhole continues to land. The revelation [...]
Martin Brokers executives David Caplin and Jeremy Kraft fined and banned over Libor manipulation January 22, 2015 The former chief executive and former compliance officer of Martin Brokers have each been fined a six-figure sum and banned from holding senior roles at financial services firms "for compliance and cultural failings". David Caplin, who had been at the firm for at least 17 years, has been ordered to pay £210,000, while [...]
Don’t leave us hanging: Qatar and Brookfield “remind” Songbird shareholders to approve bid for Canary Wharf owner before deadline January 22, 2015 In what must be a last-ditch attempt to woo the shareholders of Songbird, Qatar Investment Authority and Brookfield have sent out an alert to "remind" them of the takeover bid for the Canary Wharf owner. The pair increased the offer from 295p per share to 350p per share last autumn, but Songbird urged its [...]