Hogan Lovells partner ordered to pay ex-nanny £18,000 after firing her while she was pregnant September 17, 2018 A top City lawyer has been ordered by a tribunal to pay £18,000 to his former nanny after firing her after she told his wife she was pregnant. Sylvain Dhennin, who is head of Anglo-American law firm Hogan Lovells’ European high-yield debt practice, was ordered to make the payment by the London Central Employment Tribunal. [...]
Petra Diamonds chief executive to step down as focus switches to regaining investor confidence September 17, 2018 Petra Diamonds has promised to win back the confidence of investors after increasing earnings and overcoming the challenges of a tumultuous year. The miner reported underlying earnings of $195.4m (£148.5m) for the six months ending 30 June – a 37 per cent rise on the previous year. The company announced yesterday that chief executive Johan [...]
Motoring review: Is the BMW R 1200 GS Adventure the time of your life or as disappointing as a damp hike? September 17, 2018 Motorcycles are amazing. For less than the price of a Ford Fiesta, you can buy a machine that accelerates faster away from the lights than a Ferrari. Or cruises with the roll-along comfort of a Bentley. Or, with the BMW R 1200 GS, has more go-anywhere ability than a Land Rover. Ewan McGregor and Charley [...]
Cake maker Finsbury Foods sees profits slip after bakery closure September 17, 2018 Cake maker Finsbury Food group took a £12m hit which saw its profits sink after closing a West London bakery that was losing money. The AIM-listed company shut the doors of its Grain d’Or bread bakery in Harlesden after a tripling in the price of butter, which makes up 30 per cent of the ingredients [...]
Former UBS trader Kweku Adoboli spared deportation hours before flight September 17, 2018 Former UBS rogue trader Kweku Adoboli has been spared deportation following a last-minute legal intervention. The 38-year-old, who has been detained since 3 September, was due to board a flight tomorrow night to his birth country, Ghana. After several failed appeals and applications for judicial review, his legal team lodged one final plea at 2pm today [...]
Sam Torrance: Captains’ decisions, team spirit and home advantage – the factors which could shape the Ryder Cup September 17, 2018 European captain Thomas Bjorn may have selected his four wildcard picks for next weekend’s Ryder Cup, but there is still a lot to be decided between now and the first tee. The team will arrive at Le Golf National, outside Paris, on Sunday night in order to familiarise themselves with the course ahead of the [...]
Vodafone’s new boss says telco could sell off mobile masts to plug €31bn debt September 17, 2018 The new boss of telecoms giant Vodafone has said the company is mulling over the possibility of flogging off some of its mobile masts in Europe in an effort to reduce some of its large debt. Nick Read, who was announced as Vittorio Colao's replacement earlier this year and will take the reins next month, detailed [...]
Nathan Leamon interview: England’s analyst on how statistics are shaping modern cricket September 17, 2018 Cricket is a game of numbers. While all sport uses them to record the score and to quantify performance – goals scored, points kicked, finishing time – cricket is the most innately linked. From the first Test match between England and Australia in 1877 runs, wickets, overs, extras, maidens and more have been meticulously documented. [...]
Shore Capital’s asset management division makes up for fall in capital markets September 17, 2018 Weaker capital markets activity held back profits at small cap stockbroker Shore Capital in the first half of 2018 in spite of a big jump in asset management earnings. The firm’s total revenues rose by 6.5 per cent compared to the same period last year to hit £21.6m for the first six months of the [...]
Sirius Minerals signs Brazilian supply deal for its Yorkshire mine September 17, 2018 Sirius Minerals has signed a new supply deal in Brazil for its Yorkshire mine as it continues to recover from soaring project costs. The company's shares tumbled more than 18 per cent earlier this month when the miner said it may need an extra $600m (£456m) to construct its mine under the North York Moors. Last [...]