Theresa May says no-deal Brexit isn’t ‘the end of the world’ August 28, 2018 Prime Minister Theresa May has suggested that a no-deal Brexit “wouldn’t be the end of the world”, despite the Treasury warning that such a scenario could reduce GDP by 10 per cent. She further claimed that chancellor Philip Hammond’s department’s prediction was “a work in progress” and re-iterated her claim that no-deal is a better [...]
Predator Oil & Gas sets sights on monetising Trinidad and Ireland prospects August 28, 2018 Predator Oil & Gas Holdings today outlined plans to generate cash for investors after successfully funding its short and medium-term operations in its recent listing on the London Stock Exchange. The new listing, formed to take advantage of drilling prospects in the Republic of Trinidad and Tobago, raised £1.3m through its May IPO, and has [...]
T-Mobile warns customers about data breach August 24, 2018 T-Mobile said today that hackers have accessed around 2m customers’ personal data. The US hack saw cyber criminals steal people’s names, billing zip codes, phone numbers, email addresses, account numbers, and account types. Read more: Email blunder: West Ham FC exposes supporters' email addresses But the mobile operator said financial data, social security numbers and [...]
Data breach: West Ham United accidentally exposes hundreds of fans’ email addresses August 24, 2018 West Ham United suffered a data breach yesterday when it accidentally shared hundreds of season ticket-holders’ data with one another. UK data protection watchdog the Information Commissioner’s Office (ICO) is looking into the breach at the club, whose staff’s email blunder resulted in up to 200 supporters seeing each other’s details. Read more: 20,000 Superdrug [...]
Disaster-struck TSB set to lose three of its executives August 24, 2018 Three top TSB executives are set to retire from the bank, which is still recovering from an IT meltdown that has cost it more than £176m to date. Treasurer Ian Firth and chief marketing officer Nigel Gilbert are both retiring at the end of next month, TSB confirmed today. Current marketing director Pete Markey will [...]
US-China trade war: China promises to ‘keep retaliating’ against Trump’s tariffs August 24, 2018 China will continue to retaliate against US trade tariffs, finance minister Liu Kun said today, after talks in Washington between the superpowers fizzled out without resolving their escalating trade war. US markets fell at the end of trading last night, while the Dow closed 0.3 per cent lower, with Boeing and Caterpillar dragging the index [...]
Motty lends his voice to Football Index’s advertising push August 23, 2018 Match of the Day’s legendary commentator John Motson is lending his voice to a new trading platform dedicated to football. Motson, who has commentated on some of the Premier League and FA Cup’s biggest matches since the late 1960s, will be the face and voice of fresh fintech venture Football Index’s TV and radio adverts. [...]
British Airways suspends flights to and from Iran August 23, 2018 British Airways has confirmed its intention to suspend flights to and from Iran, becoming the latest western firm to cut ties with the country in the face of US sanctions. Saying its London to Tehran service is “currently not commercially viable”, the company’s last outbound flight from Heathrow airport will be on 22 September, and [...]
Hungry? Now you can order from Deliveroo restaurants via Google Maps August 23, 2018 Deliveroo is now firmly embedded in Google Maps, giving London’s workers even less reason to leave their desks at lunchtime. The food delivery firm’s integration with the desktop, mobile web and mobile app versions of Maps means hungry City staff scanning restaurant details online can choose to have their meal of choice delivered directly to [...]
Premier Oil doubles profits as it eyes new North Sea project August 23, 2018 Premier Oil struck it rich with its half-yearly results today, posting a doubling of profits to almost $100m (£78m). Higher oil prices pushed the British energy firm’s profits after tax up from $40.7m in the first half of 2017 to $98.4m for the six months to the end of June this year. The company saw [...]