The company behind Carphone Warehouse and Currys PC World has warned its UK mobile division will remain "significantly loss-making" this year.Shares fell as much as 27% in early deals after Dixons Carphone used the publication of its full-year results to tell investors it would take time for plans to transform the business to deliver value.They ended trading down 5% on the day.The annual figures were announced against a backdrop of a half-year loss of £440m - reflecting a £490m writedown in the value of its Carphone Warehouse operations.It divulged a statutory loss before tax of £259m for the year to 27 April as a result, compared with a profit of £289m in the previous 12 months. Advertisement Included was a £20m bill for a 2017 data breach - not discovered until 2018 - that affected millions of customers.The company's headline profit measure, which better reflects day-to-day trading, came in at £298m - a fall of 22%. More from Business … [Read more...] about ‘More pain’ this year for Carphone Warehouse and Currys PC World
Record store day 2017
Inside lavish £250k wedding of Russian super hacker branded the world’s worst cybercriminal by Britain and US
FOOTAGE of the lavish wedding of a Russian man branded by Britain and the US as the world's biggest cybercriminal has surfaced. Maksim Yakubets, 32, who has been accused of cheating Britons out of hundreds of millions of pounds, married the daughter of a retired senior officer in Vladimir Putin’s security service in an extravagant £250,000 wedding. A $5 million bounty was put on the head of Mr Yakubets last week by the American authorities - as he was named the world's biggest cyber-criminal. Western law enforcement alleges Mr Yakubets - head of Evil Corp hacker group - has actively worked with the Russian Federal Security Service since 2017. Mr Yakubets is accused of using computer viruses to fleece British and US victims of hundreds of millions of pounds. Now video and pictures have emerged of the alleged super-hacker’s £250,000-plus wedding at a golf club north of Moscow to glamorous businesswoman Alyona Benderskaya.However, footage of the wedding shows only … [Read more...] about Inside lavish £250k wedding of Russian super hacker branded the world’s worst cybercriminal by Britain and US
Just do it: the experience economy and how we turned our backs on ‘stuff’
It was an audacious plan for an unloved bit of Manchester. A £25m arts centre to be built on a derelict plot that had not felt a cultural pulse since the closure, 15 years earlier, of the legendary Haçienda nightclub. It would be called Home, formed by the merger of two proud but financially imperilled institutions – the Cornerhouse cinema and gallery, and the Library Theatre Company – and would, its backers hoped, revive a forgotten corner on the city’s southern edge. “There was confidence from the city leadership that it would work, but a lot of my peers and colleagues in the arts were saying to me, ‘Who’s going to go there?’” says Sheena Wrigley, executive director of Home, which includes two theatres, five cinema screens, an art gallery and a restaurant and bar. “It was a very unprepossessing area with a big car park and one large office block. It wasn’t visible or on a main thoroughfare.” Programming would … [Read more...] about Just do it: the experience economy and how we turned our backs on ‘stuff’
EXCLUSIVE: Paul Manafort’s prison cellmate tells how Trump’s ex campaign manager was a heavy snorer, didn’t blink when gang bangers got in his face and got respect for not ‘snitching’ on the president’
Paul Manafort's cellmate has exclusively told DailyMailTV that Trump's former campaign manager did not back down from confrontation with hardened criminals but got respect in prison because he didn't 'snitch' on the president. Bill Mersey, 69, spent three weeks as Manafort's cellmate last summer while he was temporarily held at Metropolitan Correctional Center in lower Manhattan. On Wednesday, Mersey shared the details of his one-on-one time with Jeffrey Epstein, 66, with DailyMail.com. He served as the multimillionaire's 'inmate companion' while the pedophile spent time on the suicide watch after he tried to take his own life on July 23. Manafort, 70, was transferred from FCI Loretto, Pennsylvania, where he was serving seven and a half years for tax fraud and foreign lobbying stemming from special counsel Robert Mueller's Russian investigation. He was brought to New York in June to face state charges of residential mortgage fraud, conspiracy and falsifying business records, and the … [Read more...] about EXCLUSIVE: Paul Manafort’s prison cellmate tells how Trump’s ex campaign manager was a heavy snorer, didn’t blink when gang bangers got in his face and got respect for not ‘snitching’ on the president’
