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Business

  • An appeal against the third runway at Heathrow Airport has been delayed

    January 30, 2017

    An appeal seeking a judicial review on the third runway at Heathrow Airport has been delayed by the High Court. The High Court put off the legal challenge by a coalition of local councils and Greenpeace UK (plus one Hillingdon resident, saying it cannot be heard until after a National Policy Statement (NPS) on aviation has [...]

  • TSSA won’t be joining the RMT union in Tube strikes next week

    January 30, 2017

    The Transport Salaried Staffs' Association (TSSA) has announced that it will not join in with planned Tube strikes next week.  The RMT union announced last week that London Underground workers will stage walkouts on the 5 and 7 February, as part of a row over jobs and ticket office closures. The RMT has instructed all London [...]

  • Purplebricks share price climbs after 11 per cent tumble last week

    January 30, 2017

    Purplebricks' share price has climbed over five per cent this morning after a tweet sent it tumbling last week. Last Thursday, the online estate agent's share price jumped 11.5 per cent when the company sent a tweet boasting about its "record-breaking" valuations and instructions in January. January has been a record-breaking month for valuations & instructions, [...]

  • The US embassy in London appears to be contradicting Boris Johnson on Donald Trump’s travel ban

    January 30, 2017

    The US embassy in London appeared to directly contradict a statement by the foreign secretary this morning, by issuing a notice people who have dual nationalities with countries on Donald Trump's banned travel list not to apply for a US visa. In a statement posted on the embassy's website this morning, it advised: "If you are [...]

  • Bridgepoint buys £750m vehicle rental company from fellow private equity firm HgCapital

    January 30, 2017

    The UK’s largest vehicle rental company has been traded between two private equity firms in a £750m deal. Bridgepoint this morning announced the acquisition of Leeds-based Zenith from HgCapital. Zenith, which also has operations in Solihull and Wokingham, has more than 500 employees and a fleet of around 85,000 vehicles. Read more: Is private equity [...]

  • Morale in Europe’s businesses rises to highest since before the Eurozone debt crisis hit in March 2011

    January 30, 2017

    Confidence in the Eurozone economy has jumped to its highest level since before the debt crisis six years ago ravaged the bloc’s businesses. The European Commission’s economic sentiment indicator rose above economists’ expectations to 108.2, a reading not seen since March 2011. Industry confidence increased markedly, as production expectations grew more optimistic. However, confidence in [...]

  • MPs will decide tomorrow if the Trump petition will be debated in Parliament

    January 30, 2017

    A group of MPs will tomorrow decide if a petition calling for Donald Trump's state visit to be ditched – which gained more than one million signatures – will be debated in Parliament. Earlier reports suggested the visit by the US President would go ahead despite opposition from politicians and the petition. The government has rejected the calls, according to the BBC, citing unnamed sources [...]

  • Volkswagen has become the world’s biggest carmaker

    January 30, 2017

    Volkswagen has overtaken Toyota as the biggest carmaker in the world. Toyota has announced that it made 10.175m cars last year, less than Volkswagen's 10.3m – the first time Toyota has lagged behind its German rival for four years. Read more: Volkswagen shares crash in line with brand woe The Japanese carmaker said its exports to [...]

  • A petition against Trump coming to the UK now has one million signatures

    January 30, 2017

    A petition to prevent Donald Trump from visiting the UK in the form of an official state visit has now gathered more than one million signatures in the wake of the President's executive order banning travel to the US from seven majority Muslim countries. The government must respond to the petition after gaining more than the 10,000 signatures required [...]

  • St Paul’s station is closed due to a power failure and Central line trains are not stopping

    January 30, 2017

    St Paul's station in the City was closed this morning due to a power failure in the local area. Central line trains were not stopping at the station as a result of the closure. Engineers are currently on site at the station, which reopened briefly – but had to shut again due to the same [...]

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