Government should not manage UK railways, review head says

Government should not manage UK railways, review head says

Oversight of Britain’s railways should be in the hands of one individual or body which is independent of Government, according to the head of a major review. Former British Airways chief executive Keith Williams, who is leading the Government-commissioned Rail Review, said the appointment of a “Fat Controller” type figure would be “key for regaining […]

Continue Reading
Burberry flies high thanks to bomber jackets and bumbags | Business

Burberry flies high thanks to bomber jackets and bumbags | Business

Burberry is back in fashion with investors after consumers clamoured to get their hands on bomber jackets and bumbags emblazoned with a new logo. On Tuesday its shares surged 14% making it the biggest riser in the FTSE 100 after a positive response to the latest designs from the new creative head, Riccardo Tisci. It […]

Continue Reading
India needs to tap into foreign capital to trigger investment and growth: CEA Subramanian

India needs to tap into foreign capital to trigger investment and growth: CEA Subramanian

There is a need to consider tapping into foreign capital to trigger a cycle of investment and growth, Chief Economic Adviser (CEA) Krishnamurthy Subramanian said on July 16. “Apart from sovereign bond issue, we also need to be tapping into foreign capital to trigger this virtuous cycle. Once this virtuous cycle is triggered, then other parts […]

Continue Reading
'Beetroot bond': Give everyone in UK a monthly dividend to spend on healthy, local food, says report

‘Beetroot bond’: Give everyone in UK a monthly dividend to spend on healthy, local food, says report

Every person in the UK could be given a monthly dividend to spend on fresh, healthy, locally produced food as part of radical proposals to reform the farming system and avert the twin crises of climate change and deteriorating public health. A “beetroot bond” would nudge people to buy healthy food and shift local communities […]

Continue Reading
Pound hits 27-month low as no-deal Brexit fears grow - business live | Business

Pound hits 27-month low as no-deal Brexit fears grow – business live | Business

Brussels had already rebuffed such a plan when the Brexit secretary, Steve Barclay, who is now part of Johnson’s campaign, met the EU’s chief Brexitnegotiator, Michel Barnier, last week. In what was seen as “spinning for a Boris plan”, Barclay told Barnier that the backstop was dead five times during the meeting. Sources say he […]

Continue Reading
UK wage growth picks up to 3.4 per cent but vacancies fall again, official data shows

UK wage growth picks up to 3.4 per cent but vacancies fall again, official data shows

Growth in UK wages accelerated between March and May, after an earlier slowdown, but the number of vacancies continued falling, official data showed on Tuesday.  Total pay, including bonuses, increased 3.4 per cent compared with a year earlier, up from a revised 3.2 per cent rise in the three months to April, the Office for National […]

Continue Reading

HSEVEN Accelerate World-Class African Startups

Casablanca, Morocco, 16 July 2019, (AETOSWire) : HSEVEN, Africa’s largest accelerator is launching “HSEVEN DISRUPT AFRICA”, an ambitious startup acceleration program designed for entrepreneurs of the Moroccan and African diaspora. The 6-month program will provide a seed investment of €150,000 plus an eventual investment of €500,000 to €1.5 million.  HSEVEN DISRUPT AFRICA is designed to […]

Continue Reading
Yes Bank may infuse fresh capital soon, 4 PE players part of consortium

Yes Bank may infuse fresh capital soon, 4 PE players part of consortium

Yes Bank’s bid for fresh capital infusion via the equity investor route may soon materialise, The Economic Times reports. Sources told the newspaper that a US-based private equity investor made an offer to acquire a $850 million stake in the bank, the term sheet offer for which was made over the weekend. Four private equity […]

Continue Reading
Alan Turing to feature on new £50 banknote | Business

Alan Turing to feature on new £50 banknote | Business

Alan Turing, the scientist known for helping crack the Enigma code during the second world war and pioneering the modern computer, has been chosen to appear on the new £50 note. The mathematician was selected from a list of almost 1,000 scientists in a decision that recognised both his role in fending off the threat […]

Continue Reading