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Business

  • Business leaders call on May to honour mental health manifesto pledge

    November 18, 2018

    A group of British business leaders have called for the Prime Minister to follow through her manifesto promise to “transform how mental health is regarded in the workplace” through updated health and safety regulations. An open letter to Theresa May with over 50 signatories from major businesses – including senior figures from Royal Mail, PricewaterhouseCoopers, WH Smith, Direct Line [...]

  • Dominic Raab insists he still backs May – but refuses to rule out running for Tory leadership

    November 18, 2018

    Former Brexit secretary Dominic Raab had said he would back Theresa May in a potential leadership challenge despite resigning over her draft withdrawal agreement. Raab insisted he still supports May and would back her in any potential leadership challenge against her. "I will support this Prime Minister and I want her to get this right," he [...]

  • Theresa May defends Brexit deal as threats of leadership challenge mount

    November 18, 2018

    Theresa May appeared defiant this morning, saying she had not considered giving up her leadership despite enduring a tough week of negotiating with the EU on the withdrawal agreement. In her first TV interview since announcing a Brexit deal had been reached, May said that while the past week had been "tough", she had not [...]

  • Japan Airlines impose tougher alcohol rules for pilots after Heathrow arrest

    November 17, 2018

    Japan Airlines will introduce a new breathalyser test for its pilots abroad after one was arrested for being drunk at Heathrow Airport last month.  Katsutoshi Jitsukawa was almost ten times over the UK's legal limit for a pilot's alcohol consumption when a breathalyser test conducted in London found he had 189mg per 100ml of his [...]

  • Gambling Commission searches for the National Lottery’s next operator

    November 17, 2018

    The UK Gambling Commission is seeking bidders for the National Lottery, as the current agreement with Camelot is set to end in 2023.  The Commission wants the next operator to continue improving the lottery by introducing new ideas and innovations while also maximising its potential to help charitable causes. Camelot has been the only operator since the [...]

  • Alliance of business leaders urges MPs to scrap May’s Brexit deal

    November 17, 2018

    More than 200 chief executives, founders and entrepreneurs have signed a letter calling on Conservative MPs to vote down Prime Minister Theresa May's proposed Brexit deal, urging them to cast aside their political differences. The document, coordinated by members of the Alliance of British Entrepreneurs (ABE) and seen by City A.M., asks MPs to be subjective in [...]

  • Germany and France make Eurozone budget breakthrough

    November 17, 2018

    Germany and France have made a breakthrough in discussions around a new budget for the Eurozone with French president Emmanuel Macron set to arrive in Berlin on Sunday.  Macron has long fought for countries using the euro to have its own budget in order to withstand the kind of financial crises that have hit the [...]

  • Tesla’s Model 3 sedan on sale in China as Elon Musk plans to increase global operation

    November 17, 2018

    Tesla's new Model 3 sedan is now available to order in China as the company continue to expand its global operation, particularly targetting the Asian market.  On the company's website it says that Model 3 deliveries to China will begin in 2019 and Tesla CEO Elon Musk confirmed via his Twitter account that they will [...]

  • Former London Stock Exchange chief Xavier Rolet close to City return with hedge fund CQS

    November 17, 2018

    Former London Stock Exchange (LSE) chief executive Xavier Rolet is in advanced talks to become a co-chief executive at leading hedge fund manager CQS.  The Frenchman left his job at the LSE Group in contentious circumstances last year, after being asked to step down by the board a year earlier than planned in a bid to end [...]

  • Major disruption in central London as protestors shut down multiple bridges

    November 17, 2018

    Multiple bridges across the centre of London have been shut down today as thousands of protestors descended upon the capital in an unplanned demonstration to protest environmental concerns. People began to block cars and buses on bridges across the Thames river from 10am this morning. The protest is set to move on to a demonstration in [...]

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