FTSE 100 closes above 7,200 for first time ever to end first week of 2017 on a high January 6, 2017 The FTSE 100 ended the first week of January on a high as it closed above 7,200 points for the first time ever, driven by healthy US jobs data and strong performances in the defence sector. London’s blue chip index has posted consecutive record closes since 22 December, and built on its winning streak on [...]
Fabric reopens tonight with a mystery lineup and tougher security measures January 6, 2017 After four months of barred doors, Fabric nightclub is set to reopen tonight with stricter anti-drugs and security rules. After several drug-related deaths, the iconic London club was shut down by Islington Council in September. However, in November, after fervent campaigning, the nightclub was reopened under new measures. Those measures include banning clubbers under 19 years old [...]
Boeing deliveries hit target but orders fail to match up in 2016 January 6, 2017 Boeing has announced it hit its delivery target of new planes in 2016, but new orders for the aircraft manufacturer failed to match up. 748 planes were delivered in 2016, according to the American aircraft manufacturer, compared to 762 airplanes delivered the year before. Boeing had previously said it would receive orders for new aircraft [...]
Four graphs that tell the story of jobs during the Obama administration – as Donald Trump prepares to be President January 6, 2017 US President-elect Donald Trump will come to office in two weeks’ time with the promise to “create a dynamic booming economy that will create 25 million new jobs over the next decade.” He might struggle. So far this has mostly taken the shape of tweeting at various companies planning to outsource production jobs to other countries, [...]
British Airways reassures travellers ahead of next week’s strike but says some Heathrow flights will be affected January 6, 2017 British Airways (BA) has assured customers proposed strike action by the Unite union will have little effect on flights. BA cabin crew announced Tuesday they would hold a 48-hour strike next week due to an ongoing dispute over "poverty pay" with the airline. The strike dates are set for January 10 and 11. After confirming flights from London [...]
It looks like Theresa May is going to Davos January 6, 2017 If you're a recently-anointed world leader with two-and-a-bit months to organise a major geopolitical upheaval, there are few better places to be this January than the World Economic Forum in Davos, the annual billionaires' knees-up. So it's hardly surprising that ahead of the beginning of Brexit negotiations, it appears Theresa May is planning to follow [...]
Talks to prevent Monday’s major Tube strike have collapsed January 6, 2017 Talks aimed at putting off a major Tube strike by London Underground workers next week have collapsed, meaning the walkout will go ahead, the Press Association reported this afternoon. The talks, between unions and Transport for London (TfL), were aimed at putting off the strike, which is due to begin at 6pm on Sunday and [...]
A woman has said she just realised £7m in gold was missing from a safety deposit box involved in the Hatton Garden heist January 6, 2017 A woman has come forward to police saying she just realised £7m of her gold is missing from a safety deposit box involved in the Hatton Garden heist more than a year ago. Sky News reported the claim today, which would take the total stolen in the heist to around £21m. Police said in June they [...]
US non-farm payrolls miss expectations by 20,000 in Obama’s final jobs numbers January 6, 2017 The number of jobs added in the US missed expectations in December, although the run of relatively solid economic data continued ahead of the Federal Reserve’s next meeting to decide monetary policy in February. The final non-farm payroll data under President Barack Obama showed an increase of 156,000 jobs in the month, after rising by [...]
10 things to look forward to in London in 2017 January 6, 2017 Forget 2016; here's what you need to look forward to in London in 2017 1. Nordic Matters Festival, Southbank Centre The Southbank Centre is planning to explore all things Nordic through 2017, with some scandi-tastic special events. Think Moomins, Lego, hygge, saunas and gastronomic treats like cinnamon buns, pickling and curing — alongside the most [...]