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  • Interserve cleaning staff to vote on strike action amid union complaints of ‘culture of fear’ at Network Rail stations

    March 26, 2019

    Interserve cleaning staff at Network Rail stations are preparing to vote on strike action after the firm allegedly imposed a “culture of fear,” according to the RMT union. The rail union said this morning it would ballot around 300 facilities management workers for strike action after it received complaints of bullying from its members. Read [...]

  • In a logical world, the EU would never risk the fallout of Britain crashing out with no deal at all

    March 26, 2019

    At a dinner the other week, a friend of mine wondered whether Theresa May would have been treated with quite so much patience, forbearance and courtesy by her EU colleagues had she not been a woman. It’s a fair question. Her reportedly dismal performance at the EU summit on 21 March must have been enough [...]

  • Abolishing residential leasehold could create more problems than it will solve

    March 26, 2019

    If you own a flat, the chances are you are a residential leaseholder. Until recently, the leasehold structure was the only form of ownership for flats and other properties benefiting from common areas and shared services. But recent cases of misconduct in the residential leasehold sector have captured the public imagination, leading to intense government [...]

  • A Norway Plus compromise is the worst of both Brexit worlds

    March 26, 2019

    As the Brexit process descends ever deeper into chaos, a simple argument has started to gain ground. Remainers want to remain. Leavers want to leave. So isn’t the obvious way out of this impasse to go for the version of leaving that is closest to remaining? As I write, MPs are due to vote on [...]

  • London’s creative industries are a culture club boxing out young people – here’s how we can fix that

    March 26, 2019

    London’s creative and cultural sector has boomed in recent years, but despite its success, women, members of black, Asian, and minority ethnic groups, and other people from less advantaged backgrounds remain woefully underrepresented, particularly in senior positions. This is a result of London’s creative industry becoming a “culture club” – one that is exclusive, with membership [...]

  • Stormy Daniels’ former lawyer released on £227,000 bail following Nike extortion charges

    March 26, 2019

    The US lawyer who acted for porn star Stormy Daniels in her dispute with Donald Trump has been released on $300,000 (£227,000) bail after he was accused of extorting more than $20m from Nike. Michael Avenatti stands accused of fraud over a meeting with a lawyer for Nike in which it is alleged he threatened to release damaging information [...]

  • Pentagon sanctions $1bn for Trump’s US-Mexico border wall

    March 26, 2019

    The Pentagon has authorised the first transfer of funds for President Donald Trump's wall at the US-Mexico border since he declared a national emergency. Acting Defence Secretary Patrick Shanahan authorised $1bn (£758m) in support from the US Army Corps of Engineers for the Department of Homeland Security and Customs and Border Patrol. Read more: Trump brands Kellyanne [...]

  • Plumbing and heating supplier Ferguson’s share price dives after profit warning

    March 26, 2019

    Shares in FTSE 100 plumbing and heating products supplier Ferguson fell nine per cent this morning after it issued a profit warning for 2019. The figures The company's results today revealed a rise in profits before tax of $676m (£513m) before exceptional items for the half year to 31 January, up from $644m for the same [...]

  • Regulators ‘likely’ to release Boeing 737 Max 8 jet crash report this week

    March 26, 2019

    A crash report for an Ethiopian Airlines flight which went down earlier this month killing 157 people will likely be released this week, according to the country’s transport ministry. This morning a spokesperson for the department told Reuters the findings would probably become available before the end of the week, but added “there could be [...]

  • Samsung issues profit warning amid collapse in memory chip prices

    March 26, 2019

    Samsung issued a surprise warning to its shareholders this morning that its first-quarter results would be worse than expected due to collapsing memory chip prices and lower demand for its display panels business. In a regulatory filing issued to the London Stock Exchange before its earnings guidance next week, the South Korean tech giant said: [...]

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