Remembrance Day 2014: This map is a sobering reminder of the toll WW1 took on one London borough November 11, 2014 More than a century after the beginning of the First World War, the UK will remember those who gave their lives with two minutes' silence at 11am. To pay tribute to the fallen, one London borough has mapped the names, addresses, stories – and even the final resting places – of soldiers with connections to [...]
Labour challenges the government with opposition day debate on European arrest warrant November 11, 2014 Less than 24 hours after David Cameron came within a hair's breadth of losing a vote on whether to debate the re-signing of Britain to 35 EU justice measures, the Labour party is planning to use its opposition day to debate the European arrest warrant. Shadow home secretary Yvette Cooper said the vote was necessary [...]
What is China’s Singles Day? Alibaba nears record-breaking billion-dollar sales target in one day November 11, 2014 The 11th day of the 11th month has a very different meaning in China – in case you haven't heard, today is Singles Day, because of the combination of two 'ones'. But having initially been a day for young singles to meet future partners, and also eat lots of deep fried dough sticks and dumplings, [...]
New Look defies warm weather as profits soar November 11, 2014 New Look has defied the warm weather that has dampened other retailers' sales, with the fast fashion business reporting profits up a whopping 89.1 per cent for the first half of the year. Profits before tax stood at £26.1m for the six months to September 27 – up on £13.8m the same period last [...]
Financial Conduct Authority slaps payday lenders with price cap November 11, 2014 The UK’s 400 payday lenders could be hit by a new cap on lending due to come into force in January, after an investigation into the controversial payday loan market by the financial regulator. The Financial Conduct Authority (FCA) said firms will have to cap lending costs at 0.8 per cent per day, with a [...]
Third runway at Heathrow will deliver more economic benefits than Gatwick, says Sir Howard Davies – but both underestimated costs November 11, 2014 A third runway at Heathrow has the potential to deliver significantly more economic benefits than other alternatives such as expanding Gatwick, according to an independent commission led by former CBI boss Sir Howard Davies – although both options are likely to cost more than expected. In an update published this morning, the Airports Commission said [...]
Don’t look down: Check out these vertigo-inducing pictures of Tower Bridge’s new glass walkway November 11, 2014 London is making a habit out of creating buildings that test your head for heights. Today Tower Bridge unveiled a new glass walkway offering a unique view of the 120-year-old bridge and the Thames 42m (138ft) below. The £1m walkway is 11m by 1.8m long. The West Walkway was opened today and [...]
David Cameron forced to ditch Lord Mayor’s Banquet to save EU arrest warrant motion November 11, 2014 David Cameron was forced to ditch dinner and head for the House of Commons tonight, as a Labour-led rebellion threatened to derail a vote on EU police and criminal justice measures. The Prime Minister's evening at the Lord Mayor's Banquet was interrupted by private secretary Chris Martin, who appeared to suggest Mr Cameron [...]
London tech sector sparks City building boom at Silicon Roundabout November 10, 2014 London’s thriving tech sector has helped to drive a resurgence in building activity in the City over the past six months as developers push the start button on a record number of schemes in areas such as Old Street. Developers kick-started work on 10 new schemes in the City in the six months from April [...]
Commons in chaos as Home Office faces cross-party rebellion on vote November 10, 2014 HOME Secretary Theresa May faced down a cross-party rebellion in the House of Commons last night after she pushed through a vote on just 11 EU measures instead of the full 35 MPs had expected, including the European arrest warrant. May’s decision not to allow time for a full vote on the 35 opt-in justice [...]