Amazon hires Visa credit card’s Nick Talwar to expand lending business August 31, 2014 Amazon has hired Visa North America credit card boss Nick Talwar to expand Amazon Lending. When the e-commerce giant first set up the lending business three years ago, very little was said about it. There were no press releases or public announcements, and knowledge of it was limited to private invitations sent to a [...]
Low pay and precarious employment: How the beauty industry scars young women for life August 31, 2014 The career prospects of young women are being hindered by their tendency to apply to oversubscribed and often poorly paid jobs in industries such as hair and beauty, according to a report by the Young Women's Trust. Called “Scarred for life?”, it shows that there are currently 418,000 women in England aged 18-24 who [...]
Putin wants to negotiate “statehood” of southeast Ukraine August 31, 2014 As Europe gets ready to place more sanctions on Russia, Vladimir Putin has called for the “statehood” of southeast Ukraine to be negotiated. In a TV interview, the Russian President said: “We must immediately begin substantive, meaningful negotiations, not on technical questions but on questions of the political structure of society and of the [...]
Businesses back new deal with the EU August 31, 2014 UK businesses overwhelmingly support the UK renegotiating its relationship with the European Union, according to a poll conducted for the British Chambers of Commerce (BCC) The BCC said 60 per cent of firms surveyed believed repatriating powers from Brussels to Westminster would provide benefits for the UK economy. BCC director general John Longworth said Britain's [...]
Billionaires battle it out to build London’s super-sewer August 31, 2014 Tycoons from across the world are bidding to build a £4.2bn “super-sewer” that will travel under the heart of London. The Thames Tideway tunnel, which will be 12.5 miles long and wide enough to accommodate three double-decker buses, is considered to be one of the UK's biggest infrastructure projects. The project will funded [...]
Islamist militia occupies US embassy compound in Libyan capital August 31, 2014 An Islamist-allied militia group has "secured" a US embassy compound in Tripoli, reports the AP. Called Dawn of Libya, the group says it has occupied the buildings over a month after US staff were evacuated. A journalist for the AP who was invited to examine the compound said that most the equipment left by US [...]
Many MPs oblivious to policies that help entrepreneurs, poll finds August 31, 2014 Many MPs are unaware of the host of policies in place to support entrepreneurship and are largely split along party lines on how best to support Britain's wealth creators, according to new polling conducted for the think tank The Entrepreneurs Network. The YouGov poll of 105 MPs found an extraordinary lack of knowledge of already [...]
Will the Iceland volcano erupt again? Aviation alert raised following new emission near Bardarbunga August 31, 2014 Iceland has issued a new aviation alert following a small eruption close to the Bardarbunga volcano. Lava was emitted from the volcano in the Holuhraun lava field, about three miles north of the vast Dyngjujoekull glacier, at 6am this morning. In response, the aviation warning code was raised to red and airspace in [...]
PM contemplates ban on jihadists returning to Britain August 31, 2014 Jihadists fighting in Iraq and Syria, who were born in Britain could be temporarily barred from returning home under plans being considered by the government, according to the BBC. Those suspected of fighting on behalf of terrorist organisations will be allowed to retain their citizenship but could not comeback to the UK for an as [...]
BBC Trust on the cusp of first female chair August 31, 2014 The BBC Trust is set to gain its first female chair in the form of Rona Fairhead the ex-chief of the Financial Times Group. On Saturday culture secretary Sajid Javid announced Fairhead was the preferred candidate to replace Lord Patten, who stepped down in May. Fairhead, 53 and graduate of Harvard Business School would be [...]