London Assembly urges Sadiq Khan to use emergency powers to save Oxford Street July 5, 2018 The London Assembly has called on Sadiq Khan to consider using emergency powers to allow Oxford Street to go ahead despite Westminster City Council (WCC) scrapping it last month. The council pulled the plug on the mayor's flagship policy last week citing concerns the scheme did not have a "strong democratic mandate" for residents, some [...]
Online estate agent giant suffers share price drop amid expansion spree July 5, 2018 The share price in UK online estate agent Purplebricks tumbled nearly five per cent in early morning trading, as the firm announced widening pre-tax losses. Final results today show that pre-tax losses rose to more than £26m in the year leading up to April 30, up from just above £6m losses the year before, due [...]
Tory MP Owen Paterson thinks Jaguar Land Rover will thrive after Brexit July 5, 2018 A hard Brexit would leave Jaguar Land Rover (JLR) "better off", according to pro-Brexit MP Owen Paterson. The politician said the car manufacturer would benefit from cheaper car parts across the globe, in response to JLR boss Ralf Speth's warning that his firm's five-year £80bn investment plansfor the UK are threatened by a no deal [...]
Superdry’s share price skyrockets after announcing a second special dividend off the back of a bumper year July 5, 2018 British fashion retailer Superdry has announced its second special dividend in two years, after delivering double digit growth in sales and profits in its full year results. The group is issuing a full year ordinary dividend of 31.2p per share at an increase of 11.4 per cent, coupled with a special dividend of 25p per [...]
Brace yourselves: Major London Victoria disruption to continue tomorrow affecting Thameslink, Southern and Gatwick Express July 5, 2018 There is major disruption to and from London Victoria station due to a fault with a signalling system, and that is now expected to last into tomorrow. National Rail provided an update this morning saying the disruption will continue until at least 7am on Friday 6 July. Passengers have been advised not to travel via [...]
Ryanair urges cabin crew to come to the table over planned strike July 5, 2018 Ryanair has called on trade union Fórsa to engage with it to avoid air cabin crew joining pilots' proposed industrial action next week. The International Transport Workers' Federation (ITF), which represents crew at 86 of the budget airline's bases, and Fórsa yesterday voted for a day of strike action on Thursday (12 July), unless the [...]
Angry Trump Baby blimp given green light to fly over parliament during US President’s official visit July 5, 2018 A huge balloon called the angry 'Trump Baby' has been given the go-ahead to fly over the Houses of Parliament during the US President's visit to the UK next week. London mayor Sadiq Khan's Greater London Authority approved a request for the flight after thousands signed a petition and a crowdfunding campaign raised more than [...]
Crossrail’s coming: Here’s the date the Elizabeth Line will open in December July 5, 2018 London has long been counting down the days for when the Elizabeth Line finally goes live, and now we have a date. While the launch of the Elizabeth Line may have been slightly dampened by the news it might not be accompanied by a pedestrianised Oxford Street after Westminster City Council (WCC) unexpectedly pulled the [...]
Mastercard and Visa lose battle with supermarkets over debit and credit card charges July 4, 2018 Mastercard and Visa have lost the latest round of an ongoing legal battle with a conglomerate of supermarkets after a court found their card charges were too high and had breached competition rules. The two credit card giants had been accused by a number of retailers of charging overly high fees – known as interchange [...]
Brexit: Vote Leave accuses Electoral Commission of “false accusations” amid Remain-fuelled conspiracy July 4, 2018 Vote Leave, the official Leave campaign in the Brexit referendum, has attacked the Electoral Commission for making "false accusations" about the campaign – blasting the watchdog's report for peddling conspiracy theories. The Brexit campaign, which was backed by Cabinet ministers Boris Johnson and Michael Gove, has been investigated by the watchdog three times over whether [...]