Transport chaos continues after Lewisham train derailment – with services expected to be disrupted all day January 25, 2017 Travel chaos from yesterday's train derailment at Lewisham has spilled over into today, with no service to a number of stations on the Southeastern Railway network. A freight train derailed at Lewisham station yesterday, which caused all services through the area to be suspended. Southeastern said this morning that train services running through Lewisham may be [...]
The Restaurant Group to report dip in sales as it prepares for another tough quarter January 25, 2017 The Restaurant Group expects to report a dip in sales for the 53 weeks to 1 January, and said the company is gearing up to make significant changes. The figures Total turnover was up 3.7 per cent on the previous year, hitting £710.7m, but like-for-like sales dropped 3.9 per cent. In the fourth quarter, like-for-like sales [...]
More travel chaos for Londoners tonight after train derails at Lewisham January 24, 2017 Commuters are facing severe disruption on the Southeastern network during the evening rush hour after a freight train derailed at Lewisham. Southeastern said all services through the area will be disrupted by the derailment, with some services suspended. A freight train has derailed in the #Lewisham area. All services through the area will be disrupted, [...]
Dixons Carphone reports fifth consecutive Christmas of growth January 24, 2017 Dixons Carphone today reported its "fifth consecutive year of Christmas growth" and said it's on track to meet expectations with its full year profits. The figures Like-for-like revenue in the UK & Ireland was up six per cent in the 10 weeks to 7 January, while southern Europe saw a five per cent increase. The Nordics recorded [...]
The Italian job: Analysts react to BT’s £530m accounting slip-up January 24, 2017 BT warned on its outlook for the year this morning, after revealing that the impact of impropriety in its Italian business would be much bigger than previously expected. Shares in the company had fallen 18 per cent by mid-morning following the announcement that the financial impact of problems in its Italian business has inflated to [...]
BT says overstatement of earnings in its Italian business over several years will cost the group £530m January 24, 2017 BT revealed this morning that the financial impact of problems in its Italian business has inflated to £530m, from initial estimates of £145m. Shares in the group plunged 16 per cent at the open as the company said third quarter revenue would be reduced by £120m as a result, and a £100m decline in free cash [...]
Sadiq Khan issues “very high” air pollution alert in London January 23, 2017 London mayor Sadiq Khan has issued a "very high" air pollution alert – the first since he took office in May. It's also the highest level of alert possible under Khan's new warning system, and is one step above the "high" alert the mayor issued last week. Earlier this month, the London Air Quality Network [...]
Stepney Green Tube station closed and Mile End road on lockdown after reports of a suspicious item January 23, 2017 Police are investigating reports of a suspicious item found outside Stepney Green Tube station in east London. The station is closed, and District and Hammersmith & City line trains are not stopping. Meanwhile, Mile End Road is on lockdown as officers from the Metropolitan Police investigate. https://twitter.com/districtline/status/823496938674913280 Anyone know what's going on along Mile End [...]
Paddy Power Betfair reveals Trump win cost it £5m January 23, 2017 Paddy Power Betfair expects to report group revenue growth of 18 per cent in 2016 when it publishes its full-year results. The figures Group revenue rose 18 per cent year-on-year, to £1.55bn, from £1.23bn. In the fourth quarter, revenue was up 10 per cent to £388m from £351m. This included a 12 per cent increase [...]
Donald Trump inauguration: Global leaders react to the new President January 20, 2017 The official inauguration is over and Donald Trump has been sworn in as the 45th President of the United States. The Obamas have left Washington for a holiday in California and the Trumps will now have lunch with visiting dignitaries ahead of a parade and concert later this evening. In the meantime, world leaders have [...]
