Full steam ahead for new HS2 West Coast Partnership franchise: Government unveils checklist for prospective bidders January 19, 2017 The government has laid out details for prospective bidders on the new franchise that will run the InterCity West Coast and HS2 services, with the winner set to be announced in November next year. The new franchise – the West Coast Partnership – is scheduled to start on 1 April 2019, and the operator will be [...]
Here’s what will happen to house prices if markets crash this year January 19, 2017 This year may have been record-breaking for the FTSE 100 so far – but the year is yet young, and with Brexit negotiations and Donald Trump's presidency still to come, a lot could go wrong. So online estate agent Emoov has helpfully donned its tinfoil hat and worked out what could happen to UK house prices if [...]
London mayor Sadiq Khan issues London-wide air quality alert due to pollution “crisis” January 19, 2017 The mayor has issued air quality alerts across the capital, with moderate pollution expected until the weekend across 17 boroughs. Some boroughs in particular are expected to have the worst of it today: Westminster, City of London, Hammersmith, Kensington and Chelsea, Kingston and Hounslow and Wandsworth. There is also a chance of moderate nitrogen dioxide [...]
Clydesdale and Yorkshire Bank to shut a third of its branches and cull around 400 jobs January 19, 2017 Clydesdale and Yorkshire Bank is to shut the doors of 79 branches, resulting in over 400 job losses. The closures, which were announced yesterday, mean the challenger bank is effectively reducing its branch network by a third. The branch closures were tentatively announced by the bank last September, as the company planned to bring its network [...]
UK Oil and Gas was granted a one-year extension on its Isle of Wight drilling and plans to submit more applications in the year ahead January 19, 2017 UK Oil & Gas Investments (Ukog) has been granted a one-year extension to its offshore exploration licence off the Isle of Wight. The group said the Oil and Gas Authority approved of the extension to its subsidiary Ukog Solent's P1916 licence to 31 January 2018. Shares in the company were up 3.21 per cent to 1.57p in [...]
Headlam shares leap after rolling out market-beating results January 19, 2017 Floormaker Headlam's share price rocketed up seven per cent this morning after revealing its full-year results beat market expectations. The figures In its 12-month trading statement, Europe's largest floor covering firm said total revenue would be six per cent higher than 2015. The firm added it would also beat market consensus expectations of profit before [...]
Theresa May: Brexit is not a rejection of Europe January 19, 2017 Prime Minister Theresa May has insisted the UK's vote for Brexit is "not a rejection of our friends in Europe" – but rather a decision to take control. In a speech at the World Economic Forum at Davos, May said while "some of our European partners feel we've turned out back on them", the UK does [...]
Official UK crime statistics show increase in fraud cases and computer misuse offences January 19, 2017 Fraud was the most commonly experienced offence in England and Wales last year, according to new data from the Office for National Statistics (ONS), with stats showing UK card fraud went up by almost 40 per cent. In its Crime Survey for England and Wales (CSEW), published today, the ONS revealed there were an estimated [...]
After strong Christmas trading, Revolution Bars expects to hit its financial targets January 19, 2017 Revolution Bars said cheers to Christmas sales as it anticipates half-year results to 31 December will fall in line with the board's expectations. The figures In a trading update today ahead of its half-year results, the operator of 66 premium bars across the UK said like-for-like sales were up two per cent, while overall sales – [...]
What to watch when the European Central Bank reveals its latest monetary policy decision January 19, 2017 After Janet Yellen gave a surprisingly hawkish speech to San Francisco’s Commonwealth Club last night, today’s turn in the monetary policy spotlight belongs to Mario Draghi. The Governing Council of the European Central Bank (ECB) meets today at its Frankfurt headquarters to discuss its three interest rates (currently near zero) and its controversial asset purchase [...]