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Business

  • Uber is expanding its UberPool area just in time for Christmas

    December 2, 2016

    Uber is more than doubling the area in London where its car-sharing option UberPool is available. From 4pm today, the service will cover all of zone three, including areas such as Streatham, Dulwich, Lewisham, Muswell Hill, Wimbledon and City Airport. The expansion comes one year after UberPool was launched in the capital. Uber's ride-sharing service allows users [...]

  • More Skyscanner, Arm and LinkedIn deals are on the way, say tech dealmakers

    December 2, 2016

    Flight-booking website Skyscanner, chip designer Arm Holdings and professional social media site LinkedIn have been among the high-profile technology takeover targets of 2016. And we should expect to see plenty more next year, according to a survey by law firm Morrison & Foerster (which, in a rather hip-hop fashion, shortens its name to MoFo). Half [...]

  • QinetiQ seals £1bn deal with MoD: Chief exec says it will give UK’s armed forces an “operational advantage”

    December 2, 2016

    Defence engineering company QinetiQ received some Friday cheer after agreeing a £1bn deal with the UK government. And even better, the deal is cracking value for money… according to the government at least. "This new deal will ensure our armed forces get world-class training and testing facilities and services while making substantial efficiencies, ensuring excellent value [...]

  • Here’s how the mayor wants to improve access to office space for London’s startups

    December 2, 2016

    Sadiq Khan wants to protect the capital's office space. And how does he plan to do that you might well ask? Well, apparently he's rounding up a team of entrepreneurs and business leaders to appoint to the Workspace Providers Board. They will advise on securing offices and creating new ones, such as by identifying sites for building new developments, [...]

  • A London bus burst into flames in Kingston half-way through the morning commute

    December 2, 2016

    Two fire engines attended after a London bus burst into flames in the centre of Kingston – in the middle of the morning commute. The London Fire Brigade said two fire crews had been called to a bus on fire on the high street just after 9am.  "A double decker bus is currently well alight," it said. "The [...]

  • Chanel kicks up a stink over a high speed train planned to run through its perfume field

    December 2, 2016

    Picture the scene: fragrant lavender fields, hill sides blooming with wild flowers and.. a train plundering through at high speed. Well that's what's planned for the Provencal fields of Grasse and one rather big business isn't too happy about it. Chanel's kicking up a stink and has threatened to quit Grasse – often referred to [...]

  • G4S sells Israeli arm as part of wider rationalisation push

    December 2, 2016

    Security giant G4S has flogged its Israeli business to a local private equity firm in a cash deal worth £88m. It did not, however, mean the London-listed firm was walking away completely from Israel. G4S will continue to have a footprint in the country through its police training facility called Policity. Read more: Here's why [...]

  • It’s not all bad: UK construction output grew more than expected in November

    December 2, 2016

    Output in the UK's construction sector grew faster than expected in November, figures published today showed – suggesting things might not be as bad as they seemed in the sector.  Markit's purchasing managers' index (PMI) for the construction sector rose to 52.8 in November, above expectations of 52.2 and above October's figure of 52.6. Any figure [...]

  • Tube ticket offices were closed prematurely but don’t need to be reopened, says independent review by London TravelWatch

    December 2, 2016

    A review into the impact of Tube ticket office closures has found offices were shut prematurely. It doesn't though, call for the reopening of ticket offices. The independent review by travel watchdog London TravelWatch was commissioned by mayor Sadiq Khan after Tube ticket offices were closed under his predecessor Boris Johnson's tenure. The decision did not [...]

  • Boris Johnson: The UK is not a nation hauling up the drawbridge

    December 2, 2016

    Boris Johnson has signalled the government's intention to ensure Britain remains a powerful force in global politics after Brexit, saying the UK is "not a nation hauling up the drawbridge".  In one of his most forward-looking speeches since the Brexit vote, Johnson said Brexit "emphatically does not mean that Britain turns in on itself". "There [...]

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