Debenhams owners to outline plans to shut 20 stores April 23, 2019 Debenhams is poised to outline plans this week to bring forward the closure of 20 of its stores, according to Sky News. The new owners of the department store chain, which include Barclays and hedge fund Silver Point, will launch a company voluntary arrangement (CVA) in the next 48 hours that will allow it to [...]
Theresa May seeks new vote on bill needed to deliver Brexit as talks with Labour flounder April 23, 2019 Theresa May will attempt as early next week to push through legislation needed to deliver Brexit, following a barrage of criticism over the Easter weekend about her handling of the negotiations. Downing Street said it aimed to bring the Withdrawal Agreement Bill that is needed to ratify May's deal, which has been rejected three times by MPs, “as soon [...]
The Independent Group hire former New Labour ad-man for European elections April 23, 2019 The Independent Group and its political party Change UK have called on the services of former New Labour ad-man Johnny Hornby and his WPP-backed agency. Read more: The Independent Group applies to register as a political party Hornby’s agency The&Partnership, pronounced “The And Partnership”, will provide creative advertising, design, data analytics, and strategic advice for [...]
Consumer confidence falls in both Eurozone and EU April 23, 2019 Consumer confidence in both the Eurozone and the European Union fell in April, in news that will cast further gloom on a region that has been struggling economically in 2019. Read more: Euro falls as weak Eurozone data triggers slowdown fears The European Commission’s monthly consumer confidence indicator dropped by 0.7 points in the euro [...]
Barclays shareholders urged to vote against executive pay over ‘inadequate’ response to whistleblowing scandal April 23, 2019 Barclays shareholders have been urged to vote against executive pay plans after the bank’s “inadequate” response to a whistleblowing scandal involving chief executive Jes Staley. Shareholder advisory group ISS criticised the measures taken by the bank following Staley’s attempts to unmask a whistleblower in 2016 and advised shareholders to vote down the remuneration report at [...]
Trump threatens trade war as motorcycle producer Harley-Davidson hit by EU tariffs April 23, 2019 US President Donald Trump has hit out at “unfair” EU tariffs against American motorbike producer Harley-Davidson amid trade tensions. Speaking on Twitter, the President cited figures showing that tariffs on the bikes will rise to 66 per cent in June 2021. Read more: The best way to see Tuscan… from the back of a classic motorcycle [...]
Protesters vow to stage ‘huge’ anti-Trump demonstration if state visit goes ahead April 23, 2019 Protesters have vowed to launch a “huge demonstration” against Donald Trump if his state visit to the UK goes ahead this summer. Read more: Trump plans to return to the UK this summer The Stop Trump coalition, the group which organised a march claiming to consist of 250,000 people when the US President came on [...]
Nigel Farage’s Brexit party names business leaders in European election candidate line-up April 23, 2019 Nigel Farage today promised to go after the Labour Party’s vote as he unveiled business and charity leaders among its European election candidates. Lance Forman, the owner of H Foreman and Son, an artisan salmon smokehouse in London's Hackney Wick, will run for the Brexit Party just weeks after it was formed. Read more: Theresa [...]
Elon Musk predicts Tesla will launch a robotaxi service in 2020 April 23, 2019 Elon Musk has promised Tesla will be able to produce so-called robotaxis with no human drivers in parts of the US as soon as next year. Read more: Tesla investigating incident of car catching fire in Shanghai In a webcast ahead of the firm’s quarterly results this week, the outspoken chief executive said its driverless [...]
Sir Martin Sorrell’s S4 Capital hits back at reports of Holland legal battle April 23, 2019 Sir Martin Sorrell’s advertising firm S4 Capital has denied reports it is facing legal action in Holland over its takeover of creative agency Media Monks. Read more: S4 Capital revenues soar as it bags top clients A report in the Sunday Times stated a former Media Monks investor, Rogier Schalken, was taking the Dutch firm [...]