Heathers: The Musical at Theatre Royal Haymarket review – one of the best new musicals in years September 14, 2018 It’s almost 30 years since every teenage girl fell in love with Christian Slater in pitch-black highschool comedy Heathers. Director Michael Lehmann picked up a shelfful of awards for his deliciously twisted tale of a student killing off his cooler-than-thou classmates, and it continues to spawn a legion of imitators. Given the film’s cult status [...]
Carney: Bank of England ‘well prepared’ for disorderly Brexit September 14, 2018 The Bank of England is well prepared for a disorderly Brexit and has planned for the worst, the bank's governor Mark Carney has said. Carney said the BoE had used “stress tests” to make sure the country's largest banks could meet the needs of households and business no matter what path Brexit takes. It comes [...]
Ukraine and Russia to go head-to-head in public trial over $3bn loan dispute September 14, 2018 Ukraine and Russia are set to go head-to-head in a full public trial over a $3bn loan dispute set against the backdrop of a tense sovereignty battle between the two countries. The Law Debenture Trust, representing Russia, has sued Ukraine for its failure to repay the loan made to Ukraine through Eurobonds in 2013. Ukraine has defaulted [...]
Facebook to start fact-checking photos and videos in fake news crackdown September 14, 2018 Facebook will start fact-checking photos and videos as it ramps up efforts to tackle fake news and misinformation. The tech giant began fact-checking articles on its site last year after accusations Russian agents used the platform to spread fake news and propaganda to influence the US presidential election. Third-party human reviewers will now begin fact-checking [...]
British Steel to cut 400 jobs as ‘weak pound’ sparks streamlining September 14, 2018 British Steel has announced plans to cut 400 jobs as part of a streamlining process after being hit by the “weakening of the pound”. The steel manufacturer said its raw materials were traded in dollars and a weaker pound and euro meant it needed to adapt. It said no closures were being considered but that [...]
South Western Railway strike to go ahead tomorrow as dispute with rail union rumbles on September 14, 2018 Workers on South Western Railway (SWR) will strike tomorrow amid a dispute over the role of guards on trains. SWR, which runs services out of two of London's busiest stations, Clapham Junction and Waterloo, will run a reduced service tomorrow, and has warned that some routes will have no train service nor a replacement bus [...]
Sirius shares climb after $250m deal plugs funding gap on Yorkshire mine project September 14, 2018 Sirius Minerals has struck a $250m (£190m) deal to plug a funding gap after its Yorkshire mine project costs rose. The company's shares tumbled more than 18 per cent earlier this month when the miner said it may need an extra $600m to construct its mine under the North York Moors. It said the initial $3bn [...]
Co-op profits soar after supermarket sells 180 pizzas for every minute of football during the World Cup September 14, 2018 Co-op's profits soared in the first half of the year after the supermarket sold more than 180 pizzas for every minute of football played during the World Cup. Sales increased to £5bn, up 10 per cent on the first half of 2017, also driven by its £143m acquisition of Nisa in May. Pre-tax profits almost [...]
We’ve all learnt from the collapse of Lehman Brothers, but complacency isn’t an option September 14, 2018 As wenear the 10 year anniversary of the Lehman administration this weekend, there has been a vast amount of commentary looking back. At this huge milestone, it’s certainly worth taking a moment to remind ourselves of how far we’ve come. If I take myself back to that Sunday, when the prospect of Lehman Brothers going [...]
In the shadow of the Lehman Brothers collapse: A decade of change in the City of London September 14, 2018 The collapse of Lehman Brothers remains shorthand for the start of the global financial crisis and a period when the foundations of capitalism shook. A decade on the Western financial system is still struggling to move out of the shadow of the events of 15 September 2008. Political events around the world today are still [...]