Andrew Tyrie is demanding an investigation of Nissan’s talks with Downing Street December 1, 2016 The chair of a senior parliamentary watchdog is demanding an investigation into Downing Street's talks with Nissan. The Prime Minister hosted Nissan boss Carlos Ghosn in October ahead of the decision by the automaker to continue to manufacture its new Qashqai in Sunderland. Ministers have since denied that any special offer was made to the firm [...]
Severe delays on Circle Line due to signal failure December 1, 2016 The Circle Line is subject to severe delays this afternoon due to a signal failure at Gloucester Road station. There is no service between Aldgate and Edgware Road in the clockwise direction, with severe delays on the rest of the line. Transport for London said tickets will be accepted on London buses within zone 1 [...]
Finance boss Anthony Constantinou jailed for 12 months for sexual assaults December 1, 2016 A finance boss whose company's atmosphere was likened to The Wolf of Wall Street has been jailed for 12 months today for two counts of sexual assault. Anthony Constantinou, aged 35 and formerly the boss of foreign exchange trading firm CWM, was found guilty of sexually assaulting two women earlier this year. The court was told that, [...]
Merry Christmas everyone: RMT union has changed its Southern strike dates to a 48-hour walkout on 19 December December 1, 2016 The Rail, Maritime and Transport (RMT) union has changed its strike dates on Southern rail. It has called off a three day walkout from 22 December and instead announced 48 hours of industrial action from 19 December, following consultation with reps and members. RMT's general secretary Mick Cash said: "Our guards on Southern are in daily contact [...]
Cyclists on Blackfriars Bridge up 55 per cent since introduction of cycle superhighway December 1, 2016 Since the construction of the North-South cycle superhighway, the number of cyclists on Blackfriars Bridge has increased by 55 per cent during peak periods. They now account for up to 70 per cent of all the traffic on the bridge at the busiest times, according to figures from Transport for London. And on the East-West superhighway, [...]
Eurozone unemployment falls below 10 per cent for the first time since 2011 December 1, 2016 Eurozone unemployment has fallen below 10 per cent for the first time since 2009, as the European Commission revised down September’s unemployment rate to 9.9 per cent. The unemployment rate for October now stands at 9.8 per cent, 0.8 points lower than the same point last year. The figures still show a large deficit in [...]
British American Tobacco’s newest e-cigarette has been launched in the UK December 1, 2016 A new electronic cigarette has launched in the UK from tobacco giant British American Tobacco (BAT) designed for consumers who've written off vaping. Vype Pebble, BAT's release, follows a launch by rival Philip Morris as the companies step up their stakes in the alternative cigarette market. Vype's researchers targeted consumers looking for something different from traditional cigarette-shaped or bulky vapour devices. Read more: [...]
Tony Blair just said he’s not returning to the front line of politics December 1, 2016 The rumour mill has been working at full force in recent weeks after former PM Tony Blair said he was returning to British politics (adding that Jeremy Corbyn is a "nutter"). But today Blair categorically stated that the meetings are "not about my returning to the front line of politics". "I have made it abundantly [...]
Ryanair wants to undercut package holiday market with launch of Ryanair Holidays December 1, 2016 Watch out Thomas Cook? Ryanair has launched a package holiday service, called, you guessed it: "Ryanair Holidays". This forms part of its master plan to become the "Amazon of air travel", according to the company. It is offering its 119m customers flights, accommodation and transfer packages, partnering with Spain-based tour operator Logitravel and accommodation provider World2Meet. [...]
Rio Tinto confirms it is being investigated in US over accounts writedown December 1, 2016 Rio Tinto confirmed this morning that it is the subject of a long-running US Securities and Exchange Commission (SEC) probe. The investigation, which started in April 2013, relates to a $3bn (£2.4bn) impairment charge lodged in its 2012 accounts in respect of Rio Tinto Coal Mozambique. Rio Tinto Coal Mozambique housed assets the company picked up when it took [...]