Financial news

• Southern Rail users miss flights after bottleneck at station

  25-02-2018 23:53 via theguardian.com
  Passengers say overcrowded rail replacement service disrupted travel from Redhill to GatwickSouthern Rail users say they have missed flights as an overcrowded rail replacement service caused crowds to bottleneck at Redhill station. Police were on the scene as frustrated crowds, unable to use the Gatwick Express service to the airport, continued to swell into Sunday evening as they waited for buses.Continue reading...
  
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• Philip Green asked HSBC to help find Arcadia buyer, leak claims

  25-02-2018 16:59 via theguardian.com
  Email appears to contradict Topshop owner’s statement that retail empire is not up for saleSir Philip Green asked HSBC to help him find a buyer for his sprawling retail empire, according to a leaked email that casts doubt on the tycoon’s vehement denial of reports he was plotting a sale.The billionaire, whose Arcadia Group includes fashion outlets Topshop and Miss Selfridge, discussed plans to sell his retail brands over dinner with two bankers from HSBC in February 2016, the email s
  
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• Carillion halted stupid, unthinking outsourcing. Now it’s time for reform

  25-02-2018 01:03 via theguardian.com
  Serco boss Rupert Soames has come up with a plan to reform delivery of public services by private firmsCarillion is bust, leaving job losses, underfunded pension schemes and half-finished hospitals in its wake. The east coast mainline is a shambles – again. Interserve, a company with 25,000 staff in the UK supplying the public sector in health, education and defence, is being watched closely by the government in case the crisis in the outsourcing industry gets worse. Capita, which used to
  
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• Worry less about the march of the robots, more about techno panic | Kenan Malik

  25-02-2018 01:01 via theguardian.com
  An obsession with the threat of technology may well edge us closer to the dystopia we’re so fearful of A robot cleaner infiltrates Germany’s ministry of finance by blending in with the pool of legitimate machines. After initially performing routine cleaning tasks, the robot, using facial recognition, identifies the finance minister. It approaches her and detonates a concealed bomb.That’s one of the scenarios sketched out in a new report called The Malicious Use of Artific
  
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