Brits being overcharged £490m on phone contracts September 19, 2018 Brits are shelling out £490m extra for phones which they already own, according to new research published today. Citizens Advice said 4m people in the UK were being charged by operators for handsets after their contracts had ended, even though they only need to pay for calls, texts and data. Though some operators design their contracts so [...]
Kingfisher hurt by French unit again September 19, 2018 | City Talk Kingfish posted a 14.7% fall in first-half pre-tax profit to £375 million, while analysts were anticipating £386 million. The French business was the underperformer of the group, while the British and Polish operations performed well. Gross margin dropped by 40 basis points due to logistics and stock inefficacies largely in France. The group revealed a [...]
Alliance Pharma shares tumble as profits stay flat in interim results September 19, 2018 Shares in Alliance Pharma closed 10 per cent down today after it announced uninspiring profit growth in its interim results. The figures In the six months to 30 June, revenue grew 10 per cent to £45.5m, while gross profit went up 12 per cent to £32.4m. However, underlying before tax profit only made marginal gains [...]
Babcock shares rise as it stays on track to engineer revenue growth September 19, 2018 Engineering services firm Babcock saw shares tick upwards on news it remains on track to deliver slightly higher revenue while cutting debt. The engineering services firm’s order book stands at around £18bn while the firm has £14bn in its pipeline of opportunities, it said in its trading update for the six months to the end [...]
DEBATE: Should the government scrap the limits on skilled migrants coming to the UK? September 19, 2018 Should the government scrap the limits on skilled migrants coming to the UK? Jasmine Whitbread, chief executive of London First, says YES. People from the EU and around the world are critical to our economy – thousands of workers in financial services, construction, hospitality and professional services, each contributing £46,000 every year to our economy [...]
Brewdog takes on the big dogs – will its advertising cut through with mainstream beer drinkers? September 19, 2018 In its well-documented climb from independent disruptor to industry giant, craft beer brand Brewdog has successfully created a unique name for itself, now sitting at the top of the shelf alongside major industry names. When it comes to shock factor, Brewdog is rarely one to hold back. Back in spring the brand was criticised for [...]
Inter Milan 2-1 Tottenham: Five things we learned as late goals inflict third consecutive defeat on Mauricio Pochettino’s side September 18, 2018 Tottenham had looked comfortable for the majority of their opening Champions League tie against Inter Milan at the San Siro. But Inter produced a grand-stand finish, with Mauro Icardi volleying in an equaliser after Christian Eriksen’s opener and Matias Vecino’s injury-time header completing the smash-and-grab. The drama means Tottenham have now lost three games in a [...]
Tesla shares plummet as Elon Musk faces criminal probe over going private comments September 18, 2018 Shares in Tesla have plummeted after the US justice department launched a criminal investigation into Elon Musk's comments regarding taking the company private. The company's share price tumbled more than 4 per cent after it emerged that federal prosecutors had opened a fraud investigation, according to Bloomberg. The probe centres on statements Musk made on Twitter [...]
The US Embassy is throwing its doors open to the general public for the first time as part of Open House London this weekend September 18, 2018 Few Londoners can have failed to notice that there’s a new United States Embassy in town. Firstly, it’s hard to miss. The enormous glass cube is currently the most striking landmark in Nine Elms, a post-industrial stretch of riverbank that’s still very much a work in progress. Those who don’t visit Wandsworth very often may [...]
Chris Tremlett: Balanced Surrey look set for big things after first County Championship title in 16 years September 18, 2018 Surrey sealing the County Championship with victory at Worcestershire last week was the culmination of a great year, but their success has been building for some time. There’s been a lot of pressure, because such a big county going 16 years without winning the Division One title is not good enough. At times they’ve been [...]