Boss of British Airways owner IAG Willie Walsh urges end to delay on 10-year Chinese visas to boost post-Brexit ties January 29, 2018 Willie Walsh has written to home secretary Amber Rudd saying it needs to be easier for Chinese visitors to visit the UK, warning that Britain will miss out on the economic boost brought from Chinese investment and affluent tourists. The boss of British Airways parent firm IAG has urged the government to introduce a new [...]
GDPR spurs Facebook too publish “privacy principles” and education campaign January 29, 2018 Facebook is doubling down on a privacy drive with the publication of “principles” ahead of the roll out of tough new laws in Europe. The tech giant, which is currently under scrutiny over its reach and power, has for the first time explicitly outlined its stance on data privacy with seven key principles and the [...]
Manchester City and Arsenal deals for Aymeric Laporte and Pierre-Emerick Aubmeyang set to take Premier League’s January spending to a record £300m January 29, 2018 Premier League clubs are on course to set a new record for January spending, with two days of the winter window still remaining. Arsenal’s expected £53m signing of Pierre-Emerick Aubameyang from Borussia Dortmund and Manchester City’s imminent £57m deal for Athletic Bilbao’s Aymeric Laporte are set to take the combined gross spend for England’s top [...]
Petra Diamonds share price (PDL) rocked as the miner slashes full-year forecasts January 29, 2018 Shares in Petra Diamonds have tumbled as much as 20 per cent today as the company cut its full-year earnings expectations after it was dealt a number of blows in the first half of the year. Petra slashed its guidance on full-year earnings before interest, tax, depreciation and amortisation (Ebitda) by 10 to 15 per [...]
European Commission says it will act “swiftly and appropriately” over Trump’s tariff threat January 29, 2018 The European Commission has fired a warning shot over US President Donald Trump’s veiled threat of a trade war, saying it will react “swiftly and appropriately” to any change in trade measures. During an interview with ITV’s Piers Morgan last night, Trump said he’d had “a lot of problems with the European Union, and it [...]
Northern Line passengers to get quicker and more frequent journeys as TfL boosts services on busiest London line | City A.M. January 29, 2018 Transport for London (TfL) said today over 200,000 Northern Line passengers will benefit from quicker and more frequent trips as it boosts its high frequency services. From today, 225,000 commuters will benefit from a new timetable which will see TfL doubling the length of its highest frequency “evening peak” services in the central London section [...]
Anglo American share price rises as it exits South African coal market January 29, 2018 Miner Anglo American has exited the South African coal market with the sale of its New Largo asset. Anglo sold the asset for 850m South African Rand (£57m) via its 73 per cent-held subsidiary Anglo American Inyosi Coal to New Largo Coal Proprietary Limited. The buyer is owned by Seriti Resources Proprietary Limited and Coalzar [...]
UK immigration: Number of European workers in the City of London hits highest level on record January 29, 2018 The number of European workers in the City has hit its highest level on record. Data from the Office for National Statistics, published by the City of London Corporation, shows nearly a fifth (18 per cent) of the City’s workers came from the European Economic Area (EEA) in 2016, the highest ever recorded. Read more: [...]
TfL sounds alarm over Heathrow Airport expansion causing significant public transport crowding in London January 29, 2018 Transport for London (TfL) has raised concerns over the impact Heathrow expansion will have on the capital’s transport network, warning over significant crowding. In surface access analysis compiled this month, London’s transport body said Heathrow expansion is expected to result in an extra 170,000 daily passenger and staff trips compared to today. The airport has [...]
No Brexit trade deal is complete without an immigration policy to keep EU talent January 29, 2018 London has long been one of the world’s leading financial hubs. Achieving this position has, in part, been down to its ability to attract people from all over the globe to live and work here. The mix of culture, history, and job prospects makes it a vibrant and thriving city, where opportunities are plentiful. Read [...]