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Home grown hotels fined for not paying minimum wage. | UK |
December 31, 2020 09:20 PM AEDT| By Team Kalkine MediaThe UK government has fined Home Grown Hotels and 138 other employers for not paying its workers the national minimum wage. Ticketmaster fined in the US for hacking into rival Songkick Online concert ticketing giant Ticketmaster will pay a whopping...
Admiral to sell its comparison website business for over £500m. | UK |
December 30, 2020 07:50 PM AEDT| By Team Kalkine MediaThe deal will be finalized in the first half of 2021, and it will be subject to regulatory approval. * BP Plc gets a big setback as Ironbark-1 exploration results in no major hydrocarbons It’s a setback for BP, as Ironbark was being considered...
Natwest draws ire for wasting taxpayers' money. | UK |
December 29, 2020 09:06 PM AEDT| By Team Kalkine MediaDuring a court hearing in September, Judge Simon Mitchell asked why NatWest was spending so much to defend a PPI claim Tesco boss: Consumers won't feel food price rises due to Brexit On Christmas Eve, PM Boris Johnson said the deal ensures tariff-fr...
Why is Britain facing isolation?
December 25, 2020 03:45 AM AEDT| By Team Kalkine MediaThe UK is facing the threat of rising cases of covid-19, and there is immense pressure on Boris Johnson to put a nationwide lockdown. There are more than 40 countries that have banned the arrival from the UK. The UK government is reassuring the glob...
Eurostar asked to inform customers about refunds for cancelled trips. | UK |
December 24, 2020 09:01 PM AEDT| By Team Kalkine MediaThis weekend, Eurostar had to cancel all its trains out of London after a travel ban was imposed due to the spread of a new coronavirus strain. Marston's to take over 156 Brains pubs in Wales, save 1.3k jobs Marston’s will operate 141 freehold...
Christmas jubilation: This FTSE 100 stock returned 100% in 1 year.
December 24, 2020 07:19 PM AEDT| By Team Kalkine MediaThe present calendar year has been the most unfavorable stretch for equities, as well as financial markets in the last decade. The huge spike in the volatility levels and the persisting uncertainty on the back of the coronavirus pandemic has distress...
Toyota to close UK and French plants due to travel ban. | UK |
December 23, 2020 09:29 PM AEDT| By Team Kalkine MediaAlso, the French site will stop its production cycle two days earlier than planned. The company is expecting shortages of parts due to transport delays. Vodafone to buy out the remaining minority shares in Kabel Deutschland On completion of the deal...
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Tesco warns of shortage of fruits, vegetables due to travel ban. | UK |
December 22, 2020 09:43 PM AEDT| By Team Kalkine MediaBritish supermarket group Tesco has said that there can be a shortage of some fruit and vegetables in a few days if the transport ban is not lifted. * Boohoo gets new auditor after PwC exit Last week, Boohoo said it had snapped all deals with 64 ga...
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Which Resource stocks prudent investors can look for in 2021?
December 22, 2020 09:40 PM AEDT| By Team Kalkine MediaThe UK is a prominent player in the metal and mining industry as some of the world's largest mining companies are based out of the UK. It also has large deposits of minerals that include coal and construction minerals. The royalties, labour cost and...
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Barclaycard to hike minimum credit card payments. | UK |
December 21, 2020 09:43 PM AEDT| By Team Kalkine MediaDebt campaigners opined that the hike should be introduced gradually not just after the costly Christmas period. * Norton Motorcycles ex-owner asked to pay back £14m missing from pension funds Following which an ombudsman’s decision was...
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BAE to hire over 1,250 trainees. | Kalkine Market Update UK |
December 18, 2020 09:58 PM AEDT| By Team Kalkine MediaBAE Systems has said it will hire more than 1,250 new trainees in their career programs in 2021 despite the Covid-19 crisis. Frasers Group refused to offer a takeover bid for Mulberry Fraser group had until Thursday to make a formal bid or walk away...
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Why is London moving into the top tier of restrictions?
December 18, 2020 09:55 PM AEDT| By Team Kalkine MediaThe covid-19 cases continue to surge in the UK, following which London is likely to enter into the UK’s highest level of covid-19 restrictions. London and its surrounding areas would enter the very high alert level of Tier 3. The government has...
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Manchester's Trafford Centre taken over by lenders after sale fails. | UK |
December 17, 2020 10:08 PM AEDT| By Team Kalkine MediaTrafford Centre will now be handled by Canada’s biggest pension fund, the Canada Pension Plan Investment Board. The Trafford Centre and Intu’s other 16 shopping centers have escaped the insolvency process and now are under new management....
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JD Sports expands its US footprint with acquisition of Shoe Palace. | UK |
December 16, 2020 09:22 PM AEDT| By Team Kalkine MediaJD Sports will pay $325 million in cash while for the remaining $356 million; it will issue a 20 percent equity in its US subsidiary. * HSBC asks Bank of England to consider the negative rates scenario cautiously Murphy added that there is a program...
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Tech giants to be fined for not removing illegal content. | UK |
December 15, 2020 10:00 PM AEDT| By Team Kalkine MediaAccording to the government, all social media, video sharing, messaging platforms, dating apps, online marketplaces, video games, peer-to-peer services will be under the ambit of the law. Unilever to let shareholders vote on climate transition plans...
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Which Healthcare stocks prudent investors can look for in 2021?
December 15, 2020 09:56 PM AEDT| By Team Kalkine MediaThe UK has one of the best healthcare systems in the world where the government takes care of the health of its people, and it pays for the treatment. The UK spends a significant portion on the health system, the Department of Health and Social Care'...
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Which are the top dividend-yielding players investors can look for in 2021?
December 15, 2020 09:54 PM AEDT| By Team Kalkine MediaThe UK has a large number of companies that distribute the company’s income to the shareholders in the form of a dividend. Many older people in the UK are dependent on these dividend-paying companies for their regular stream of income....
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Authentic Brand of the US in talks to acquire Arcadia and Debenhams. | UK |
December 14, 2020 09:35 PM AEDT| By Team Kalkine MediaAuthentic Brands founded by Canadian Jamie Salter and is being backed by big financiers such as Blackrock and Leonard Green & Partners. Chaos at British ports impact businesses' Chaos at British ports has started impacting different businesses....
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BDO not to pay back £4.5 million in furlough money | Kalkine Media UK
December 11, 2020 11:09 PM AEDT| By Team Kalkine MediaUK’s leading accountancy firm BDO has said it would not repay £4.5 million of furlough money, which it had received from the government. The company has paid its partners a whopping amount of £137 million, an average of £518,0...
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Just Eat offers couriers hourly wages | Kalkine Media UK
December 10, 2020 11:06 PM AEDT| By Team Kalkine MediaFood delivery company Just Eat has said it will pay its couriers by the hour than per job. This would mean that the riders will be either full-time, part-time employees or on zero hours contracts.The company has also agreed to pay pension contributio...
AI on the Rise: A Look at Top AI Companies and Their Stocks