S4 Capital shares tank 40 per cent as Sorrell’s brainchild issues profit warning July 21, 2022 Shares in S4 Capital tanked over 40 per cent this afternoon after the advertising giant issued a profit warning.
Mike Ashley’s Frasers Group posts record profits as retailer’s revenues surge July 21, 2022 Frasers Group today posted “record” pre-tax profits after the group’s revenues grew 30.9 per cent, to heights of £4.75bn. The revenue growth saw Mike Ashley’s retail conglomerate post “record” adjusted profits before tax of £344.8m. The record results come after the firm posted pre-tax profits of just £8.5m in 2021, due to the impacts of [...]
Boris Johnson urges next PM ‘not to always listen to Treasury’ in parting shot at Rishi Sunak July 20, 2022 Outgoing Prime Minister Boris Johnson said big infrastructure projects would not have been built “if we’d always listened to the Treasury” in an apparent parting shot at his former chancellor Rishi Sunak. The Prime Minister gave some “words of advice” to his successor during his final Commons appearance, which included: “Cut taxes and deregulate wherever [...]
Keir Starmer on Boris Johnson: ‘A complete bullsh**ter who bullsh**s about everything’ July 20, 2022 Labour’s leader said this morning the outgoing Prime Minister had been “found out” as the country has a sense that “this guy doesn’t mean a word that he says”. Sir Keir Starmer called Boris Johnson a “complete bullshitter” who “took the piss” out of the public with his partygate explanations. Asked for his honest assessment [...]
Twitter v Elon Musk: Takeover trial fast-tracked to October July 19, 2022 Twitter's attempt to force Elon Musk to complete his $44bn takeover has been fast-tracked to October, with the social media titan arguing that any further delay would cause damage to the business.
Kremlin’s grip on Kyiv: Chaos and mass exodus at Ukrainian security services as Zelensky fires dozens of officials for treason July 19, 2022 Only a day after two senior Ukrainian officials were dismissed over allegations that their agencies harboured “collaborators and traitors”, the country’s President Volodymyr Zelensky has expanded the shakeup of his security services on Monday by suspending 28 more officials. In his nightly video address, Zelensky said a “personnel audit” of the Security Service of Ukraine [...]
Rishi Sunak: The mega-rich golden Tory boy whose crown is slipping after meteoric rise under Boris Johnson July 18, 2022 At the start of the pandemic, Rishi Sunak was the most popular politician in Britain as the former hedge fund manager rolled out an unprecedented furlough scheme which saved millions of jobs as the economy ground to a halt. Once the golden boy of the Tory Party, Sunak enjoyed a meteoric rise under Boris Johnson [...]
Fast fashion: Mike Ashley’s retail behemoth Frasers Group eyes I Saw It First July 17, 2022 Mike Ashley’s retail empire may make a swoop for I Saw It First, an online fast-fashion brand owned by Boohoo founder Jalal Kamani. According to a report in The Telegraph, Frasers Group could add I Saw It First to its list of retail takeovers within a matter of weeks. The Telegraph’s sources told the newspaper [...]
Avoid travelling in heatwave, warns Network Rail July 16, 2022 Network Rail has warned that passengers in England and Wales should travel only if necessary during next week's scorching heatwave.
Jubilant Kremlin held ‘big party’ when Boris Johnson resigned as Putin expects to break West’s resolve this winter July 16, 2022 RUSSIAN government officials held a party in the Kremlin in Moscow to celebrate the resignation of Boris Johnson, it has been claimed. “What I can tell you is that there was a big party in the Kremlin, when Boris Johnson resigned,” Ukrainian MP Oleksiy Goncharenko said. “It was in all Russian propaganda, it was said [...]