Premier League broadcasting: What is the future of the 3pm kick-off and the TV blackout? September 13, 2018 Bob Lord, Burnley chairman between 1955 and 1981, was an outspoken voice in the national game and, among many things, a staunch critic of televised football. Fearing that a future of sports coverage being broadcast across England’s living rooms would drive down attendances and match-day revenue, he banned the BBC’s Match of the Day cameras [...]
General Motors recalls 1m pickup trucks and SUVs in the US over faulty power-assisted steering September 13, 2018 General Motors (GM) is recalling more than a million pickup trucks and SUVs in the US over a fault to its power-assisted steering that can shut down while in use. GM is recalling certain models of the Chevrolet, including the 2015 Silverado and GMC Sierra 1500 pickups. The Chevy Tahoe and Suburban SUVs have also been affected, [...]
Trump claims 3,000 people did not die in Puerto Rico as he defends Hurricane Maria response September 13, 2018 Donald Trump has defended his response to Hurricane Maria and claimed 3,000 did not die in the storm which devastated Puerto Rico last year. An independent study found an estimated 2,975 people died in the category 5 hurricane that hit Puerto Rico and Dominica in September last year. But President Trump has claimed only six [...]
Post Office continues turnaround as it makes a profit for the second year in a row September 13, 2018 The Post Office revealed it was making good progress on its turnaround as it posted a profit for the second year in a row. The figures In its full-year results released today, trading profit more than doubled from £13m last year to top £35m while turnover was boosted by £4m to reach £961m. In retail, its revenue [...]
Apprenticeship levy scrutinised once again as number of new starters dives 28 per cent September 13, 2018 The government's apprenticeship levy was once again scrutinised by business leaders today after figures showed the number of new apprenticeships had fallen 28 per cent compared to the same time last year. Under the scheme introduced during George Osbourne's tenure as chancellor, businesses with a payroll of £3m or more must dedicate at least 0.5 per cent of [...]
The illusion of control in an uncertain world September 13, 2018 | City Talk Anil Gaba, professor of decision sciences and the Orpar chaired professor of risk management at Insead, explains how risk and uncertainty are not the same and how control can be gained by paradoxically giving up control. Professor Gaba offers a fascinating insight into luck, chance, control, the illusion of control, and decision making. For example, [...]
Eurostar St Pancras staff to strike in September amid fallout with RMT union September 13, 2018 Eurostar staff and train managers at busy London station St Pancras will strike in September over over a dispute about working conditions. Rail union RMT said its members would not work on from Sunday 30 September to Monday 1 October. RMT said working conditions at Eurostar were "shocking and dangerous" because of repeated service failures and breakdowns. "The [...]
Is London still at the centre of the employment universe? September 13, 2018 A BBC article highlighted how finance jobs growth in Scotland has outstripped London. This got me thinking about how competitive the Scottish job market is – not just in finance, but across different sectors when it comes to recruitment and career possibilities. In the past, numerous friends and colleagues, along with many other people and [...]
Competition watchdog launches inquiry into CME takeover of Nex Group September 13, 2018 US exchange operator CME's planned $5.5bn (£4.89bn) acquisition of London's Nex Group will be investigated by the UK's competition watchdog. The deal, which was announced in March and is expected to be completed by the end of this year, will either be approved or referred for a more in-depth investigation by 8 November, the Competition and Markets Authority said. [...]
Hurricane Florence weakens but insurance firms still braced for billion dollar losses September 13, 2018 Hurricane Florence has been downgraded but the “life-threatening” storm set to hit the US east coast later today could cost the insurance industry up to $20bn . More than a million people, as well as businesses have begun evacuation from the coastline as the storm prepares to devastate North and South Carolina. At least 800 [...]