Former Deutsche Bank trader charged with Euribor rigging in SFO probe pleads guilty March 16, 2018 A former star trader who was once considered one of Deutsche Bank’s most successful bankers has pleaded guilty in a Serious Fraud Office (SFO) probe into Euribor manipulation. Christian Bittar, who was among six traders charged in the first SFO case that focused on the Brussels-based benchmark, pleaded guilty to the offence on 2 March. News [...]
Swingers crazy golf opens second site in former BHS on Oxford Street March 16, 2018 The former flagship site of collapsed retailer BHS on Oxford Street has gained another tenant in the form of crazy golf operator Swingers. The building is already host to Reserved, Poland's answer to H&M opened on the ground floor of the site last year. It will now be joined by Swingers on the first floor, [...]
London mayor and TfL have just confirmed fares for the Elizabeth Line ahead of December launch March 16, 2018 Transport for London (TfL) and mayor Sadiq Khan have confirmed the fares for the highly anticipated Elizabeth Line ahead of the £14.8bn project's launch in December. TfL said that it will be charging the same prices on Elizabeth Line pay-as-you-go fares within zones one to six, as the rest of existing TfL services. The Crossrail [...]
How a new ‘CEO’ can singlehandedly transform a brand March 16, 2018 THIS WEEK MARKS the fifth anniversary of Pope Francis’ inauguration. To Catholics, he is a divisive figure. Right-leaning Catholics have taken exception to his aggressive criticism of unbridled capitalism, which he called ‘the dung of the devil’. In 2014, Timothy Dolan, the Archbishop of New York, actually wrote a column in the Wall Street [...]
UK will be able to negotiate and strike trade deals during transition March 15, 2018 The EU is poised to back down over whether the UK can begin to negotiate and sign new trade deals during the transition period. According to The Times, the UK will be able to act under its own steam from March 2019 without seeking permission for the European Union. Although the formal negotiating guidelines still [...]
UK, US, Germany and France issue joint statement condemning Russia for ‘assault on UK sovereignty’ in nerve agent attack row March 15, 2018 The UK has issued a joint statement with France, Germany and the US condemning the Salisbury attack on an ex-Russian spy, calling it "an assault on UK sovereignty" and threatening "the security of us all". They agreed that Russia being behind the attack was the only plausible explanation. In a statement, the leaders said: This [...]
There’s a reason why London is Europe’s startup hub, but Paris is waiting to pounce March 15, 2018 For a startup, one of the biggest decisions you’ll ever make is where to incorporate and build your company. For us at Zebra Fuel – an on-demand car refuelling company – that decision was particularly difficult. My co-founder is from France and I’m from Morocco, so our first language is French. Surely Paris, which has [...]
Russia hits back over UK ‘provocation’… and blames Brexit March 15, 2018 Russia has hit back against the UK's claims it was behind the attack on Sergei and Yulia Skripal, claiming the measures announced by Theresa May are "signs of a provocation against our country". The UK Prime Minister yesterday revealed a series of retaliatory measures against the Russian state, including the expulsion of 23 diplomats whom she [...]
USA: Two economies, one nation March 15, 2018 | City Talk As economists and investors, we treat the United States as one country and one economy and the eurozone as a conglomerate of many countries with a common currency. There are good reasons for this: The United States is not just a currency union and a single market but also a fiscal union with a uniform [...]
Intelligence breakdown: Corbyn refuses to blame Moscow for chemical weapons attack as May slings out 23 Russian ‘spies’ out of the country March 15, 2018 Jeremy Corbyn has sparked a furious row in the Labour party after he pointedly refused to condemn Russia for the attack on Sergei and Yulia Skripal. Theresa May had informed MPs there had been no credible explanation for the attack in Salisbury and reiterated the government’s position that Russia was responsible. She described Moscow’s response [...]