British Airways owner IAG launches mobile pay on new Barcelona-based airline Level August 17, 2017 British Airways owner IAG is rolling out mobile pay on new low-cost, long-haul airline Level so passengers can browse and buy products on board from their personal devices. IAG said the platofrm was a universal one that it is looking at rolling out across its other airlines in the future. The new carrier, which started [...]
Bendy buses could return to London as Transport Committee says they boost capacity and speed up journey times August 17, 2017 London mayor Sadiq Khan has been urged to consider bringing back the “bendy buses” by London Assembly’s Transport Committee. In a new report assessing how to improve bus usage in the capital out today, the committee said the reintroduction of the buses could cut journey times and provide better disabled access if they were rolled [...]
The death of presenteeism is the birth of flexible working August 17, 2017 As you’re reading this article, perhaps trundling along in a crowded Tube carriage, try to imagine a saner, less stressful way of working. Imagine working in an environment where you are measured on what you deliver, rather than the number of hours you sit at your desk. If your company had a flexible working option, [...]
Quarto turns the page as talks with mystery buyer end August 16, 2017 Shares in book publisher Quarto closed down 18 per cent today, after a brief flirtation with a mystery potential buyer came to an abrupt end. Just last week, the London-listed company announced that it was in talks with an unnamed potential bidder following an unsolicited approach. But this morning it said that discussions had been [...]
HMS Queen Elizabeth, the Royal Navy’s largest warship, has arrived home in Portsmouth August 16, 2017 The Royal Navy’s largest ever warship, the HMS Queen Elizabeth, sailed into her home port of Portsmouth for the first time today. Sailors lined the flight deck while the ship was greeted with a flypast from the Fleet Air Arm, including Wildcat and Merlin helicopters and Hawk jets. At 280m, the ship is longer than [...]
Peace at last? AkzoNobel and Elliott Advisors agree three-month litigation truce after long-running takeover troubles August 16, 2017 Activist investor Elliott has finally reached an agreement in its long-running spat with AkzoNobel over a €27bn takeover approach from rival PPG Industries. After a prolonged back and forth regarding the proposed takeover, including a new legal challenge to try and oust Akzo’s chairman last month, the firms said they had struck a standstill agreement, [...]
ECB’s Sabine Lautenschlaeger urges banks to speed up Brexit relocation planning: “The clock is ticking” August 16, 2017 The European Central Bank (ECB) is urging firms to speed up their relocation plans in preparation for Brexit. Sabine Lautenschlaeger, vice chair of the ECB’s supervisory board, said banks are “not as far advanced as we would like them to be” in their Brexit planning. “I have a very clear message to both smaller and [...]
City jobs rose in July as firms took a “robust” attitude towards hiring August 16, 2017 The number of jobs in the City of London increased by 37 per cent in July compared with the same time last year, according to one of the UK’s largest recruiters. Robert Walters’ latest city jobs index, seen exclusively by City A.M., found that job volumes were also up 17 per cent compared with June. [...]
DEBATE: Should we take Jacob Rees-Mogg seriously as a leadership contender? August 16, 2017 DEBATE: Should we take Jacob Rees-Mogg seriously as a leadership contender? YES – Laura Perrins, co-editor of The Conservative Woman. It’s time for the Conservative party to drop the wishy-washy failed mantra of the middle ground. Not only is it a risky election strategy, it is morally bankrupt. Jacob Rees-Mogg is a classic constitutional conservative [...]
A ‘truly global Britain’ would abolish air passenger duty August 16, 2017 Airlines play a fundamental role in connecting the UK to the world. Businesses require passenger and freight services so they can operate and invest in the UK, as well as export goods to global markets. At the same time, millions of Brits each year depend on airlines to connect them with loved ones and enjoy [...]