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  • Burberry fashion guru Christopher Bailey cashes in £3m shares as his very generous options bear fruit

    August 27, 2017 1:08 PM 9

    Christopher Bailey, the former Burberry chief executive, has just cashed in £3.1 million of shares out of £10.5 million of options that came to fruition this summer. It is part of a lucrative pay and perks package for the fashion guru, who received a £440,000 cash allowance last year when his remuneration totalled £3.5 million. On top of that, he was handed

  • Save your snaps: Don't lose all those precious memories when you change phones... it's cheap to get your photos printed

    August 26, 2017 8:51 PM 11

    Now is the ideal time to keep the memory of your summer holiday alive by getting your photos printed. Sales of prints are in sharp decline thanks to the arrival of digital photography. It means cherished photos that were once stored in holiday albums now often only survive as megabytes on a smartphone, files in social media or in folders inside a computer

  • Provident’s leap into the future ends in the abyss

    August 26, 2017 6:40 PM 10

    Peter Crook was plotting a revolution. In February, the boss of door-to-door lender Provident Financial announced plans to ditch his 4,500-strong army of self-employed agents. The part-time debt collectors, who also drummed up new business, often from friends and neighbours, would be replaced by iPad-wielding full-timers earning a salary rather than commission

  • No trains into London on bank holiday weekend

    August 25, 2017 6:00 AM 15

    SOUTH Essex rail passengers are fuming following announcements that there will be no trains into London this bank holiday weekend. There will be a replacement bus service for Greater Anglia trains into London as an alternative. This means that there will be no Greater Anglia train service between London Liverpool Street and Billericay all day. Any passengers

  • Qantas cruises into second-highest profit on record

    August 25, 2017 1:41 AM 33

    Australia's biggest airline, Qantas Airways, has delivered its second highest profit in its 97-year history. Pre-tax profit came in at A$1.4 billion (£860m; $1.11 bn) for the year to the end of June. The airline's highest ever profit was delivered the previous year. Although down nearly 9% from that record, Chief Executive Alan Joyce says the company's

  • 'Self-driving' lorries to be tested on UK roads

    August 24, 2017 11:06 PM 25

    Small convoys of partially driverless lorries will be tried out on major British roads by the end of next year, the government has announced. A contract has been awarded to the Transport Research Laboratory (TRL) to carry out the tests of vehicle "platoons". Up to three lorries will travel in formation, with acceleration and braking controlled by the lead vehicle

  • Shock profit warning hits Dixons Carphone

    August 24, 2017 11:00 PM 9

    News comes just two months after record figures One of Europe’s biggest electricals and telecoms retailers issued a shock profit warning yesterday that wiped almost a quarter off its market value. Dixons Carphone said a slowdown in the UK mobile phone market and changes to EU roaming charges could hit annual profits by up to a quarter. In a first-quarter

  • Households need to earn £22k a year just to cover the bills for an average three-bed family home

    August 24, 2017 3:30 PM 8

    Families need to earn an annual salary of £22,000 just to cover the mortgage and household bills on an average three-bed home, research suggests. The report by insurer MORE TH>N highlights the extent to which homeowners are having to spend significant chunks - if not all - of their take home pay on keeping a roof over their heads. It claimed the costs

  • Shares in Rathbone Brothers dip as investors fret over £2bn merger with rival Smith & Williamson

    August 21, 2017 9:10 PM 12

    Shares in Rathbone Brothers dipped yesterday as investors fretted over a planned £2 billion merger with rival wealth manager Smith & Williamson. The proposed deal will create a major player overseeing £56 billion of customers’ assets, with a foothold in accounting thanks to Smith & Williamson’s position as the UK’s eighth-largest beancounter

  • Growth slows for Martin Sorrell’s advertising giant WPP

    August 19, 2017 9:03 PM 20

    Sir Martin Sorrell’s WPP advertising group – which counts HSBC, Vodafone, Ford and Coca-Cola among its clients – is likely to report slow growth for the first half of the year when it unveils results on Wednesday. The consensus forecast among analysts is for growth of 0.5 per cent for the first half, excluding acquisitions. The company lost its share