Nightclubs warn of ‘tragedy’ without government intervention into bouncer shortage May 16, 2022 Nightclubs have warned of a “tragedy where lives are lost” unless the government intervenes to ameliorate a shortage of bouncers. Late-night venues are “running out of time” as a busy summer season approaches, bosses at the Night Time Industries Association (NTIA) and UK Door Security Association cautioned. Nightclubs are eagerly awaiting their first full summer [...]
Women ‘driven out of the workforce’ by pricey childcare costs May 16, 2022 Pricey childcare is exacerbating the country’s gender pay gap and driving women out of the workforce, according to a London thinktank. Ministers have been urged to take further action to provide cheaper childcare, by The Centre for Policy Studies (CPS) in a new paper today. Some 30 per cent of two-earner household incomes is dished [...]
West End: Shaftesbury investor raises concern with £3.5bn merger with rival Capco May 15, 2022 Concerns have been raised over West End landlord Shaftesbury’s planned £3.5bn merger with rival Capital & Counties Properties (Capco), by a key investor. Shareholders could be left worse for wear, Chris Hills, chief investment consultant at Investec, which has a 1.65 per cent stake in Shaftesbury, told The Times. As Shaftesbury trades at just an [...]
Boots US owner Walgreens takes out $5.3bn in dividends from UK arm as sales deadline looms May 15, 2022 Boots’ US owner has withdrawn over $5.3bn of dividends from its UK holding firms, even though it received hundreds of millions of pounds of government pandemic support cash. The high street chemist’s UK-based parent company, Superior Holdings, coughed up $4.1bn in dividends to Walgreens last year, in addition to paying out a $909.6m dividend the [...]
Eurovision: Ukraine victorious, United Kingdom comes second May 15, 2022 The United Kingdom had a remarkable showing at the Eurovision song contest, coming in second place and narrowly missing out to hot favourites Ukraine. Sam Ryder swept to the dramatic win with the jury, after his Spaceman track wowed the audience getting 283 points. His performance received the maximum 12 points from countries including Ukraine, [...]
Everything for a fiver: Discounted sportswear flies off market stall in Gymshark pop up stunt May 13, 2022 Gymshark’s boss surprised Londoners at a market this afternoon by selling the Gen Z sportswear company’s products at a hefty discount. Long queues were pictured at the Lower Marshes market near Waterloo on Friday afternoon, after leisurewear fans caught wind of the publicity stunt. All products were sold for £5 at the market with Gymshark’s [...]
Ex-Morrisons boss appointed CEO of food manufacturer Greencore May 13, 2022 London-listed convenience foods manufacturer Greencore has appointed a a former Morrisons boss as its new chief executive officer. Philips headed grocer Morrisons, now owned by US private equity firm Clayton, Dubilier and Rice (CD&R) between 2010 and 2015. Dalton Philips will join as CEO and executive director on 26 September, stepping into the shoes of [...]
John Lewis boss: Government must help struggling households amid cost of living crisis May 13, 2022 John Lewis chair Dame Sharon White has called on ministers to produce a support package for households struggling with the cost of living squeeze. The government should be helping families in the way it did to steer the country through the Covid pandemic, the retail boss said on ITV’s Peston programme on Wednesday evening. Boris [...]
Tesco chief Ken Murphy collects £4.7m: 224 times overall pay of median staff member May 13, 2022 Ken Murphy, the chief of supermarket giant Tesco, received a £4.74m pay packet for the past year, the group has revealed in its annual report. The report, which was filed on Friday morning, said Murphy’s bumper total pay deal was 224 times the overall pay of the median member of staff at Tesco. It comes [...]
Eurovision: Jacob Rees-Mogg urges ‘patriotic Brits to vote for Ukraine’ May 13, 2022 There was a rift between Prime Minister Boris Johnson and Jacob Rees-Mogg this week over the Eurovision Song Contest. Both appeared on LBC over the last two days and were quizzed on the singing extravaganza which has its final on Saturday. While minister for Brexit opportunities Jacob Rees-Mogg said he would “encourage a patriotic Britain” [...]
