Forget the EU, post-Brexit Britain should look to China June 19, 2017 Today the UK starts the long and tempestuous process of negotiating its exit from the EU and working on a future trade agreement. But however these talks go (and at the moment, the omens are not promising), post-Brexit Britain will need to aggressively find new partners or strengthen existing ones in order to fill the [...]
Brexit talks start today: Should the UK be prepared to compromise on freedom of movement? June 19, 2017 Brexit talks start today: Should the UK team be prepared to compromise on freedom of movement? YES – James McGrory, executive director of Open Britain. Prior to the election, the government’s hard Brexit plan focused on cutting immigration, regardless of the impact on our economy and people’s livelihoods. Their self-imposed red lines on immigration and [...]
Grenfell Tower fire: Latimer Road Tube station is closed and Hammersmith & City Line and Circle Line part suspended due to Grenfell Tower safety concerns June 17, 2017 Latimer Road Tube station is closed and some London Underground services in the area have been suspended due to the risk of falling debris from Grenfell Tower following Wednesday’s fire. Transport for London (TfL) said services on the Hammersmith and City Line had been suspended between Edgware Road and Hammersmith from around 11.20am this morning [...]
Transport for London (TfL) has mapped out 25 prime spots across London for where more cycling routes should be June 16, 2017 Cyclists of the capital, rejoice. For London’s new walking and cycling commissioner has announced the 25 corridors across London with the greatest scope for cycling, pinpointed to assess where investment should be ploughed most effectively. Will Norman, who was appointed to the position by London mayor Sadiq Khan back in December, has unveiled data analysis [...]
Hurry up: Bank regulator warns tight deadline for ring-fencing poses big risks for British banks June 16, 2017 British banks rushing to carry out capital ring-fencing have little room for error, with big risks of disruptions for customers, according to a senior regulator. There is a “high degree of delivery risk” involved in bringing the plans into place, according to James Proudman, an executive director at the Prudential Regulation Authority (PRA) in charge [...]
From flying taxis to a London shuttle: Here are five of the coolest driverless concepts June 16, 2017 Over the next decade, driverless technology is set to transform not only how we drive, but the prospect of owning a vehicle. Advances in artificial intelligence, cameras, sensors, and radar are making this possible. With that in mind, here are five of the most exciting autonomous prospects on the horizon… Read more: Not a load [...]
Russia World Cup 2018: Clouds still hanging over Fifa and its tournament host with just over a year to go June 15, 2017 The Confederations Cup is normally a moment for football fans’ excitement to begin in earnest. Kicking off in Russia on Saturday, the competition marks a year until the country stages the next World Cup and offers a chance both for supporters to gauge the quality of potential contenders and for governing body Fifa to test [...]
The number of smokers in the UK has fallen to an all-time low – although e-cigarette use is up June 15, 2017 The number of cigarette smokers in the UK fell to its lowest-ever in 2016, new figures have suggested. Some 7.6m people said they smoked in 2016, with the proportion of current smokers falling to 15.8 per cent, marking a statistically significant decline of more than four percentage points since 2010, the Office for National Statistics [...]
Goldman Sachs-backed fintech startup Circle wants to become the Alipay of Europe with social payment app expansion plans June 15, 2017 A fintech startup backed by Goldman Sachs has unveiled ambitious plans to make emoji friendly social payments as popular in Europe as they are in China, where nearly $3 trillion was sent via WeChat and Alipay last year. Circle lets users send payments to each other via its WhatsApp-style chat app and iMessage. It is [...]
FTSE 250 is on track for its worst day of 2017 after disappointing retail results June 15, 2017 Admittedly, it has been a good year for the FTSE 250, which has set several records as weak sterling encouraged investors. But today is not one of those days: the index was on the way to its worst showing of 2017 in morning trading, falling 1.36 per cent to 19,702 points as investors showed their [...]