Shaftesbury scraps dividend as worries grow over new virus curbs 

West End landlord Shaftesbury scraps dividend as worries grow over new coronavirus curbs By Daily Mail City & Finance Reporter Published: 21:51 BST, 25 September 2020 | Updated: 21:51 BST, 25 September 2020 West End landlord Shaftesbury has scrapped its dividend amid fears that further coronavirus restrictions are set to hammer the High Street. The … Read more

Sadiq Khan’s own council SCRAPS his £33million green traffic scheme for causing ‘chaos’

Sadiq Khan’s own council has scrapped his £33million green traffic scheme over concerns it is causing ‘chaos’, blocking emergency vehicles and generating ‘excessive levels of pollution’.  Wandsworth Council obtained funding from Transport for London (TfL) to launch trials of Low Traffic Neighbourhoods last month, but announced today it has suspended the project.  A statement from the … Read more

Interactive Investor scraps monthly income drawdown fee

Investing platform Interactive Investor has announced plans to scrap and change a number of costs from its investment and Sipp service from 1 October.  The biggest change for pension investors is the removal of its monthly income drawdown fee, however, customers hoping that its £10 per month Sipp fee that amounts to £120 a year … Read more

Germany scraps plans for EU Brexit talks because ‘there’s been no progress’ in discussions

Germany has scrapped plans for EU Brexit talks because ‘there’s been no progress’ in discussions and Boris Johnson ‘doesn’t understand how negotiations work’. EU officials believe Britain is prepared to risk a no-deal exit when the transition period comes to an end on December 31 and will try to pin the blame on Brussels. The … Read more

Berlin Film Festival scraps separate best actor and actress awards for gender neutral prizes 

Berlin Film Festival scraps separate best actor and actress awards in switch to gender neutral prizes Organisers said the new awards will be in place for next year’s February festival Charlotte Rampling and Tom Courtenay are the UK’s most recent winners in 2015 Other festival changes include the permanent retirement of Alfred Bauer prize  By … Read more

Mulan will debut on Disney Plus for a $30 fee as studio scraps hopes for theatrical release

Mulan will debut on Disney Plus for a $30 fee as studio scraps hopes for theatrical release amid pandemic… after streaming service chalks up more 60.5 million subscribers Feature film will be available beginning September 4  Theatrical release date was bumped from March 27 to July 24 to August 21 News announced by CEO on … Read more

British Airways scraps its all-business-class service between London City Airport and New York 

British Airways permanently grounds its unique all-business-class service between London City Airport and New York The transatlantic service was operated on a specially adapted Airbus A318  The aircraft only had 32 seats – and they could all be converted into 6ft flat beds  BA says the service has been scrapped as a result of the … Read more

Chinese social media giant TikTok scraps plan to build global HQ in Britain

Chinese social media giant TikTok has reportedly shelved plans to build a global headquarters in London amid growing concern about Beijing’s influence in Britain. TikTok, a viral video app which is popular among teenagers, had been in discussions with the Department for International Trade and No 10 to establish a worldwide base in the capital. … Read more

End of the BA jumbo jets: British Airways scraps ENTIRE FLEET of iconic 747 planes

End of the BA jumbo jets: British Airways scraps ENTIRE FLEET of iconic 747 planes after plummeting passenger numbers forces bosses to bring forward plan to retire them in 2024 The nation’s flag carrier is world’s last major operator of the iconic Boeing 747 BA used 31 jumbo jets before coronavirus crisis forced bosses to … Read more

BT scraps its dividend for at least 2 YEARS as it focuses on fibre broadband

BT scraps its dividend for at least 2 YEARS as Covid-hit boss Philip Jansen focuses on getting full fibre broadband rolled out across the nation Philip Jansen set a new target of full fibre to 20 million homes by late 2020 To hit the new target, BT will spend £1.3 billion over five years BT … Read more