HP second quarter earnings: Share price rises in extended trading after a mixed bag of results May 21, 2015 Hewlett Packard (HP) announced disappointing earnings this afternoon, with revenues missing analysts expectations. Earnings came in at $25.5bn, but analysts had expected earnings of $25.64bn and earnings per share of $0.86. On the latter measure, HP beat the predictions by a penny. Shares rose as much as three per cent in extended trading. Why it’s [...]
In photos: Hundreds of waiters descend on Hyde Park for National Waiters Day race May 21, 2015 In pictures: National waiters day kicks off with race around Hyde Park. Spare a though for the unaware tourists spending a Thursday in Hyde Park, only to be faced with hundreds of waiters, trays in hand, sprinting through the foliage. The event contrasted with the protests happening elsewhere, with many waiters complaining about low pay. [...]
Corfu deaths: Thomas Cook says hotel manager and electrician employed in Crete as chief meets with parents of Christianne and Bobby Shepard May 21, 2015 Thomas Cook has revealed Georgios Chrysikopoulos, the general manager of the hotel in Corfu where children Christianne and Bobby Shepard died, has been running another hotel used by the company. The Mitsis Laguna Hotel in Crete employed Chrysikopoulos from 1 April this year. Thomas Cook said it immediately started an investigation and discovered Christos Louvros, [...]
Spotify launches new platform, which includes videos and podcasts May 20, 2015 Spotify has taken a huge leap forward and added videos to its streaming service. At an event in New York, the company showed how its new platform will serve up content pertinent at every time of day – from music and podcasts to videos and news. Spotify’s chief executive, Daniel Ek, called the company’s new [...]
Bank holiday weather: “A mixture of sunshine and showers” according to the Met office May 20, 2015 This Bank Holiday’s weather will be a mixed bag – we can expect the usual British cocktail of sunshine and showers. According to the Met Office, the weather will be “somewhat mixed over the weekend”. Temperatures will be about average (9-12 degrees Celsius) and most Brits will enjoy at least spells of dry weather. Saturday [...]
New budget 2015: George Osborne uses CBI speech to lay out government plans to tackle the productivity puzzle May 20, 2015 George Osborne offered a glimpse of what to expect at the 8 July budget when he gave a speech to the Confederation of British Industry (CBI) this evening, with productivity a major focus. Also top of the agenda is the merging of the Shareholder Executive – the body that runs the government’s financial interests in [...]
George Osborne CBI speech: Government to merge Shareholder Executive and UK Financial Investments to help return public assets to the private sector May 20, 2015 George Osborne announced this evening that the government is to merge the two bodies that manage the majority of the taxpayer’s stakes in businesses into one company. In a speech to the Confederation of British Industry, the Chancellor said the Shareholder Executive (ShEx) and UK Financial Investments (UKFI) would be made into one holding company, [...]
Mumsnet pulls Thomas Cook adverts over Corfu deaths compensation scandal May 20, 2015 Mumsnet has pulled Thomas Cook adverts from its website after its users protested. The travel company was embroiled in a scandal after it claimed a payout from a hotel in Corfu where two children died in 2006. Mumsnet said Thomas Cook was also keen for the adverts to be taken down, as they were inspiring [...]
Richard Branson calls for bike-only streets May 19, 2015 Richard Branson has called for whole streets in cities to be closed for all vehicles but bikes – a comment guaranteed to set the lycra brigade against drivers everywhere. London cyclists would likely welcome the idea – the capital’s streets are notoriously dangerous when compared to other European cities, even if the chances of any [...]
