Outsourcing giant Interserve is expected to go into administration later today after failing to persuade shareholders to approve a rescue plan for the company. The company, which has 45,000 UK staff, and 65,000 globally, runs support services and construction projects in a similar manner to Carillion. Its collapse was described as "history repeating itself" by Simon Underwood of business recovery partner at accountancy firm Menzies LLP. He said: "Much like the Carillion collapse, Interserve’s demise will have significant implications for its supply...
An Australian senator has provoked outrage after he described the New Zealand terror attacks as "vigilantism" and claimed that Muslim immigration was to blame for the atrocity. Fraser Anning, a senator in Queensland, issued a statement following terrorist attacks which killed at least 49 people saying the attack highlights a "growing fear within our community, both in Australia and New Zealand, of the increasing Muslim presence." He added: "As always, left-wing politicians and the media will rush to claim that...
Officers spotted drug traffickers delivering bags of cash to the gang's safe house after Santander workers noticed a suspicious pattern of transfers.
The fatal shooting was captured on police bodycam which is being examined by the force
He said: "My sympathy and solidarity today with people in New Zealand and Muslims all over the world.”
UK publishers have been criticised for showing live stream footage of the New Zealand terror attack in spite of efforts to moderate its use online. A gunman filmed himself moving through the interior of a mosque today and shooting at his victims indiscriminately, with the footage streamed live on Facebook. But despite best efforts to remove the disturbing video off major platforms, UK publications have used clips in their reporting of the event. The MailOnline’s homepage splash is an animated GIF...
Crowds gathered outside Parliament to protest a perceived failure of politicians to tackle the climate emergency facing the planet and a Government “that doesn’t care about” them.
As school children protest in over 100 countries today for more to be done to tackle climate change, the Swedish girl who started the global campaign has been nominated for the Nobel Peace Prize. The School Strike For Climate movement started when Greta Thunberg, 15, began striking from school and protesting outside the Swedish parliament in Stockholm last year for more to be done to fight climate change. Her story travelled around the globe, and soon school children were joining...
Profits at JD Wetherspoon sunk 19 per cent in the six months to the end of January, its latest results show. The pub chain, run by prominent Brexiteer Tim Martin, blamed a rise in labour costs, interest payments, utility bills, repairs and depreciation for the fall. Martin is currently touring 100 of his 900 pubs, talking to punters about the merits of leaving the EU without a deal on 29 March, and used the results announcement to express his concern that...
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© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.
© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.