Melrose’s £7.4bn bid for GKN has been approved by US and Canadian regulators February 26, 2018 Industrial turnaround specialist Melrose has received regulatory approval in the US and Canada for its £7.4bn bid for engineering giant GKN. The US Federal Trade Commission granted an early end to the necessary waiting period, thus providing clearance in relation to US anti-trust. The Competition Bureau in Canada raised a “no-action letter” to Melrose noting [...]
Starbucks is trying out a 5p charge for takeaway cups in the City of London February 26, 2018 Starbucks has just launched its latest sustainability drive: trialling a 5p charge on paper cups in 35 stores across the capital. The coffee giant, which became the first major chain to announce a so-called latte levy in January, said today it will charge for cups in stores across the City, the West End and West [...]
London weather: Transport for London (TfL) pledges to keep the capital moving as snow threatens travel disruption February 26, 2018 As snow starts falling in the capital today, and warnings sounded for travel disruption, Transport for London (TfL) has pledged to keep the capital moving. It said that in the case of any severe winter weather, TfL will keep “the rail and strategic road networks open and running”. This will include key arterial roads, cycle [...]
Snow in London: Government issues health warning as temperatures plummet February 26, 2018 The government has repeated health warnings after the Met Office issued yellow and amber alerts for snow and said parts of the UK, including London and the south east, would experiencing “exceptional” wintry weather this week. Frank Saunders, the Met Office’s chief operational meteorologist, said: “An exceptionally cold spell of weather is expected this coming [...]
All those sugary “unicorn” foods are making millennials the fattest generation ever, scientists say February 26, 2018 Millennials, the generation known for their fondness of high-fat foods like unicorn frappuccinos and avocado toast, are on their way to becoming the most obese generation in history, researchers have warned. More than 70 per cent of those born between 1980 and 1995 will be overweight or obese between the ages of 35 and 44, [...]
Brands are better positioned than ever to create a better future February 26, 2018 The theme of this year’s Mobile World Congress is creating better futures. Startup and breakthrough brands such as those showcasing at MWC and its sister platform 4YFN are widely heralded as a force for good that will be instrumental in the creation of a better future for all of us. But it’s not just new [...]
UK mortgage lending rose in January February 26, 2018 Mortgage lending jumped in January as buyers raced to get ahead of looming interest rate rises – but mortgages for house purchase fell sharply. Borrowers took out mortgages worth £21.9bn in January, up 9.8 per cent on the same month the year before, according to data from UK Finance. However, while the number of people [...]
Rail companies warn of delays and cancellations as snow falls on London February 26, 2018 Snowy weather will likely lead to train delays this week, National Rail has warned. The rail operator said c2c, Gatwick Express, Great Northern, Greater Anglia, South Western Railway, Southern, Stansted Express, TfL Rail and Thameslink services will all be affected by the wintry weather conditions forecast for this week. Rail operators have issued travel advice [...]
Goldman Sachs hit by multi-million pound Aberdeen Standard Life shun February 26, 2018 Investment banking behemoth Goldman Sachs has missed out on a multi-million pound payday after being spurned by Standard Life Aberdeen. On Friday Standard Life Aberdeen sold its insurance arm to zombie specialist Phoenix in a deal worth £3.24bn. Jettisoning its insurance operations completed what Standard Life Aberdeen bosses Martin Gilbert and Keith Skeoch called the [...]
Jeremy Corbyn’s pro-customs union Brexit policy is a messy compromise February 26, 2018 Those who know Jeremy Corbyn know that he’s for Leave. His vision of a largely state-owned, state-run economy is not compatible with membership of the Single Market. It never has been. Corbyn’s euroscepticism has its roots in the honourable left-wing critique of a corporatist club run in the interests of capital, not labour. (Looking at [...]