Airbnb took a big swipe at Trump in its very last minute Super Bowl LI advert #WeAccept February 6, 2017 Airbnb has taken a swipe at Donald Trump's controversial travel ban with an advert at one of the most watched TV events of the year – the Super Bowl. The tech company aired a 30 second spot in prime time promoting diversity and featuring its own employees "We believe no matter who you are, where [...]
Give David Beckham his knighthood and celebrate all the other donors too February 6, 2017 We have a strange relationship with charity in this country. We depend on it enormously – to the tune of £19bn in income from individuals every year. This is a sector of industrial proportions, which the Charity Commission estimates has a total income of over £60bn a year and employs over 800,000 people. Yet we [...]
It’s the return of the Article 50 Bill – MPs to begin three more days of Brexit debate February 6, 2017 MPs will kick off three days of Brexit battles in the House of Commons later this afternoon, as they fight it out over attempts to amend the Article 50 Bill. The bill – which grants the government the power to begin divorce proceedings with the EU – was backed overwhelmingly at the "second reading" stage by MPs last [...]
Heineken closes in on Punch Taverns as its investment vehicle buys 28 per cent stake February 6, 2017 Heineken has moved a step closer to completing its acquisition of Punch Taverns after its investment vehicle bought a significant stake in the British pub chain group. The Dutch brewer announced today that Vine Acquisitions, the vehicle it shares with partner Patron Capital, built up its share in the company to 28.5 per cent on Friday [...]
A quarter of MPs say Donald Trump shouldn’t be allowed to make a prestigious speech on his state visit February 6, 2017 Just over a quarter of the UK's MPs have now signed a motion calling for US president Donald Trump to be barred from making an address in the palace of Westminster during his state visit this year. Trump has already been invited to the UK by Prime Minister Theresa May, with a date for his arrival yet to [...]
Government kicks off next stage of £12bn student loanbook sell-off February 6, 2017 The government formally kicked off the next stage of its bid to sell £12bn-worth of student loans today. City A.M. revealed bankers from Barclays had been appointed to advise on the deal last month. Read more: Bankers appointed by government for latest student loans sell-off push The sale, which is being structured as a securitisation, is being [...]
This is how far house prices have plunged in Chelsea February 6, 2017 Chelsea house prices fell by as much as 13 per cent year-on-year in January as vendors were forced to drop prices due to higher transaction taxes. Data from estate agents Knight Frank shows prices on high-end homes have dropped sharply in London's most sought-after neighbourhoods. In Kensington and Notting Hill, prices have fallen by 12 per [...]
Delays on Hammersmith & City, Circle and Metropolitan lines due to a fire alert near Baker Street February 6, 2017 There are delays on the Hammersmith & City, Circle and Metropolitan lines due to a fire alert near Baker Street. There is no service between Wembley Park and Aldgate on the Metropolitan line, and there are minor delays on the other two lines. https://twitter.com/metline/status/828547386825900032 https://twitter.com/circleline/status/828549098651402242 https://twitter.com/hamandcityline/status/828549101843263488
UK car sales reach highest point since 2005 in January as alternative fuel vehicles push to record market share February 6, 2017 UK car purchases reached a 12-year high in January as the alternative fuel segment jumped to a record market share. Year-on-year growth hit 2.9 per cent in the month, with 174,564 new purchases, according to the Society of Motor Manufacturers and Traders (SMMT). Car-buyers eschewed diesel vehicles as increased concerns over air pollution continue to [...]
Randgold shares soar after miner digs out boosted dividend and bumper profits February 6, 2017 Shares in Randgold have soared this morning, after the gold miner announced it was rewarding investors with a hefty boost to its dividend. The figures The company revealed that profits for the full year had risen to $294.2m (£236m), up 38.2 per cent compared with $212.8m the year before. Meanwhile, profits for the firm's fourth [...]