Government should do more to boost flagging company investment business group says March 17, 2017 An influential business group has called for government to do more to tackle falling capital spending as fears are rising about a slowdown in long-term business investment. The Institute of Chartered Accountants (ICAEW) forecasts businesses will invest 1.9 per cent less in 2017 as companies start a “period of restraint” during the Brexit process. Stephen [...]
Plans for £4bn restoration of parliament need further challenging and testing before green light is given, says Treasury Committee March 17, 2017 It would be "imprudent" for MPs to commit to the restoration of parliament that could cost up to £4bn, without more work being carried out into "the hugely expensive project", the Treasury Select Committee warned today. The Committee has launched an inquiry into the project which will cost between £3.5bn and £4bn, if carried out over [...]
The White House is now suggesting Britain’s GCHQ spied on Donald Trump March 16, 2017 The White House press secretary has now suggested British agents could have helped former President Barack Obama spy on Donald Trump. Sean Spicer echoed a claim originally made by an analyst on Fox News that GCHQ spied on Trump Tower during the US election. "He's able to get it and there's no American fingerprints on it," [...]
Theresa May vows to protect Britain’s “precious” union through Brexit talks March 16, 2017 Prime Minister Theresa May will tomorrow vow to protect the UK's “precious” union as she hits back at plans for a second independence referendum in Scotland. Speaking in Cardiff, May will lay out an expanded “Plan for Britain”, vowing to put Britain first and issuing a warning to Scottish first minister Nicola Sturgeon. Expanding on the themes [...]
HSBC’s chief exec Stuart Gulliver fails to close probe into his taxes, as taxman requests a string of information March 16, 2017 The boss of HSBC may have hand to over more information to the taxman, after a bid by the businessman to close a probe into his affairs failed. HM Revenue & Customs (HMRC) opened an investigation into Stuart Gulliver's personal tax return for 2013-14 in December 2015. The tribunal decision notice stressed the enquiry was limited to factual [...]
Ineos is in talks to buy BP’s Forties pipeline system in the North Sea March 16, 2017 Chemicals giant Ineos is in talks to buy a significant North Sea pipeline from BP. The Forties pipeline system, which is one of the oldest and largest in the North Sea, is about 100 miles long and transports around 450,000 barrels of oil a day, which is about 40 per cent of UK production. Spokespeople [...]
The Office Group is expanding to Hammersmith March 16, 2017 Co-working office provider The Office Group is expanding its footprint in the capital, taking out a 20-year lease on a building in Hammersmith. The company is opening up 61,000 square feet (sq ft) of flexible office space across the lower eight floors of 1 Lyric Square, a block located just minutes from Hammersmith tube station. [...]
City of London Corporation to regenerate the waterfront around Custom House March 16, 2017 The City of London Corporation is drawing up a master plan for redevelopment of Custom House and the buildings surrounding it in a bid to rejuvenate the City’s waterfront. Custom House was formerly used for the collection of tariffs on goods, and was rebuilt after the Great Fire of 1666 based on designs drawn up [...]
City of London wants to be an early adopter of 5G – but doesn’t know what it is March 16, 2017 The City of London is ready to give its workers the fastest possible internet speeds in the form of 5G – but doesn't know exactly what 5G is. The super-speedy mobile network is scheduled to arrive in the UK in 2020, and the City of London Corporation is committed to making sure the capital's financial [...]
Sandi Toksvig and Noel Fielding revealed as presenters for the Channel 4 version of Great British Bake Off March 16, 2017 Channel 4 today revealed comedians Sandi Toksvig and Noel Fielding will be stepping into the Great British Bake Off (GBBO) tent as the show's new presenters. Also new for the eighth season of the show will be food writer Prue Leith. She will be joining baker Paul Hollywood, who hopped channels after the BBC lost the rights [...]