S4 Capital posts whopper results despite auditing delay share slump May 6, 2022 Despite the auditing delay, S4 Capital delivered better late than never results this morning, with revenue doubling to £686.6m. Sir Martin Sorrell’s brainchild posted a 44 per cent surge for in 2021 gross profit, and the number of project billings doubled to £1.3bn thanks to “whoppertunities”. The ad and marketing giant added that operational EBITDA [...]
Putin in rare apology over Russian foreign minister Sergei Lavrov’s claim Hitler had ‘Jewish blood’ May 6, 2022 Russia’s president has issued a rare apology after backtracking on his foreign minister’s claim that Adolf Hitler had “Jewish blood”. In a phone call to Israel’s prime minister Naftali Bennett, the Kremlin’s leader said sorry after fury was sparked earlier in the week. Bennett had condemned the “lies” by Russia’s Sergey Lavrov, while foreign minister [...]
All eyes on £598m superyacht reportedly owned by Putin which moves out of Italian port May 6, 2022 A $700m (£598m) superyacht reportedly owned by Russian president Vladimir Putin may be on the move from an Italian port for the first time in months. There was reportedly a flurry of activity this week on board the Scheherazade, a 450ft vessel which was docked in Marina di Carrara, Tuscany. According to the Telegraph, locals [...]
Shares soar for Sorrell’s S4 Capital following results announcement May 5, 2022 Shares in S4 Capital soared over 15 per cent today after the firm confirmed it would be publishing its delayed results tomorrow. The news comes after Sir Martin Sorrell’s S4 stock took a battering last month after the second PwC’s auditing delay, with investors jumping to the worse case scenario conclusions. Eyebrows were first raised [...]
New Sports Direct boss asserts Mike Ashley is ‘not pulling the strings’ amid of price increase warning May 5, 2022 Sports Direct’s new chief has asserted that the retailer’s former boss and his future father-in-law is “not pulling the strings.” In his first interview since stepping into Mike Ashley’s shoes as chief executive of Frasers Group, Michael Murray warned prices would likely go up. The high street titan was facing headwinds “going through the roof,” [...]
Kremlin coup rumours growing in Moscow: Disgruntled generals join FSB looking to oust Putin and end Ukraine war May 5, 2022 Rumours are swirling in Moscow that a number of former generals and KGB officials are preparing to oust Russia’s president Vladimir Putin and plan to end the war in Ukraine, which is increasingly seen across Russia as a strategic mistake and, above all, an economic disaster. The top of Putin’s former employer – the Russian [...]
D-Day for Boris Johnson and Keir Starmer as polls are now open: All you need to know about the 2022 local elections May 5, 2022 Millions of Brits around the country will go to the polls todayfor the 2022 local elections. Voters will be choosing local representatives in England, Scotland and Wales and there will also be an election for the Northern Ireland Assembly. Polling stations have just opened and close at 10pm. When will the results be announced? After [...]
Crossrail is (almost) complete but the battle for TfL funding is far from over May 4, 2022 The ‘Lizzie Line’ is good news for London – but it might be the last for a while without a funding settlement for the transport network It says something that the relationship between London’s mayoral leadership and Westminster is now so toxic that both sides are attempting to claim credit for a project three years [...]
Furious row erupts between Sadiq Khan and Grant Shapps over Crossrail announcement May 4, 2022 A furious row has broken out between the Mayor of London and the transport secretary over today’s announcement that Crossrail will open on 24 May. Grant Shapps MP referred Sadiq Khan to the Electoral Commission accusing him of “breathtaking political cynicism”, according to the Telegraph. This comes after it was announced this morning the Elizabeth [...]
Elon Musk suggests firms may need to pay for Twitter, as senior MP asks him to appear before committee May 4, 2022 Twitter’s new owner Elon Musk has suggested businesses may have to start paying to use it. The richest man in the world who purchased the social media giant last month for $44bn, made the claim on Twitter on Wednesday. The Tesla boss wrote: “Twitter will always be free for casual users, but maybe a slight [...]