M&G Investments adds to pressure on Unilever to back down on abandoning London PLC September 18, 2018 M&G Investments today became the latest major investor to threaten to vote against Unilever's decision to abandon its London PLC in favour of a new Dutch holding company. The maker of Marmite and Dove soap is under severe pressure from City investors, who fear they could be forced to sell the shares in funds limited [...]
Tit-for-tat Trump tariffs to take trans-Pacific trade toll September 18, 2018 The trade war between the US and China escalated today as the world’s two largest economies imposed tit-for-tat tariffs on goods worth hundreds of billions of dollars. The Chinese commerce ministry said it had to retaliate against America's decision to levy 10 per cent tariffs on $200bn (£150bn) worth of Chinese goods from 24 September [...]
Tit-for-tat Trump tariffs to take trans-Pacific trade toll September 18, 2018 The trade war between the US and China escalated today as the world’s two largest economies imposed tit-for-tat tariffs on goods worth hundreds of billions of dollars. The Chinese commerce ministry said it had to retaliate against America's decision to levy 10 per cent tariffs on $200bn (£150bn) worth of Chinese goods from 24 September [...]
Noel Edmonds brands Archbishop of Canterbury a “reincarnation of evil” over Lloyds investment September 18, 2018 TV presenter Noel Edmonds branded the Archbishop of Canterbury a "reincarnation of evil" for investing in Lloyds Bank and failing to meet with HBOS fraud victims. The Deal or No Deal star, who is seeking £64m in damages from Lloyds, said Justin Welby was a hypocrite after the church leader last week mounted an attack on zero hours contracts [...]
Noel Edmonds brands Archbishop of Canterbury a “reincarnation of evil” over Lloyds investment September 18, 2018 TV presenter Noel Edmonds branded the Archbishop of Canterbury a "reincarnation of evil" for investing in Lloyds Bank and failing to meet with HBOS fraud victims. The Deal or No Deal star, who is seeking £64m in damages from Lloyds, said Justin Welby was a hypocrite after the church leader last week mounted an attack on zero hours contracts [...]
Sir Vince Cable’s ‘erotic spasm’ gaffe overshadows his Lib Dem conference speech September 18, 2018 Lib Dem leader Sir Vince Cable overshadowed his own conference speech by stumbling over his words during a key attack on Brexit. In a much-trailed line, the former Business Secretary was due to describe the vote to leave the EU as an "erotic spasm". However, the 75-year-old failed to rise to the occasion at the [...]
Sir Vince Cable’s ‘erotic spasm’ gaffe overshadows his Lib Dem conference speech September 18, 2018 Lib Dem leader Sir Vince Cable overshadowed his own conference speech by stumbling over his words during a key attack on Brexit. In a much-trailed line, the former Business Secretary was due to describe the vote to leave the EU as an "erotic spasm". However, the 75-year-old failed to rise to the occasion at the [...]
Major Southbank property estate put on the market for £280m September 18, 2018 London’s flagship southbank estate has been put up for sale for £280m, City A.M. can reveal. The 2.6 acre plot of mixed-use property site, which is best known for the South Bank Central’s iconic 155m tower, is being sold by CBRE on behalf of CPPIB and Hermes. The estate, which covers roughly 263,000 square feet [...]
Major Southbank property estate put on the market for £280m September 18, 2018 London’s flagship southbank estate has been put up for sale for £280m, City A.M. can reveal. The 2.6 acre plot of mixed-use property site, which is best known for the South Bank Central’s iconic 155m tower, is being sold by CBRE on behalf of CPPIB and Hermes. The estate, which covers roughly 263,000 square feet [...]
Boris Johnson’s flagship cycle superhighway costs £62,000 for every extra cyclist September 18, 2018 Boris Johnson’s controversial cycle superhighway, heralded as London’s “Crossrail of cycling”, is costing taxpayers tens of thousands of pounds for every new cyclist it attracts, according to new figures. Today’s new information from Transport for London (TfL) is likely to provide fresh ammunition to critics of the £47m project, which has come under fire from [...]