A Dutch government-commissioned report has stressed the importance of City access ahead of Brexit talks being opened by Prime Minister Theresa May March 23, 2017 An official report commissioned by the Dutch government has stressed the importance of the City to EU markets ahead of Brexit negotiations. The report, published in Dutch this week, advises ministers against seeking to offer passporting to UK institutions, but instead calls on the incoming administration to push for “the second best” of a boosted [...]
Complaints about Govia Thameslink Railway surge 347.1 per cent in a year after months of Southern rail troubles | City A.M. March 23, 2017 Complaints about Southern rail’s parent company Govia Thameslink Railway (GTR) rocketed over 300 per cent in the third quarter of last year and accounted for nearly a fifth of all complaints made nationally. The 347.1 per cent rise came from the Office of Rail and Road (ORR)’s latest stats on complaints made by passengers regarding [...]
Islamic State (ISIS) claims responsibility for London terror attack at Westminster March 23, 2017 Islamic State (ISIS) has claimed responsibility for yesterday’s terror attack at Westminster. The terrorist group said the London attacker was a ‘soldier of the Islamic State’, via its news agency Amaq. Eight people have been arrested in connection with the incident, which left four people dead after an attacker drove along the pavement of Westminster [...]
Workers return to the Gherkin after fire alert evacuation March 23, 2017 The Gherkin was evacuated this morning, after emergency services were called to reports of smoke in the basement of the City building. London Fire Brigade said: “Four fire engines and 21 firefighters and officers were called to investigate a smell of smoke coming from a generator room in the basement of the Gherkin at St [...]
The UK has awarded 25 oil exploration licenses for under-explored areas of the North Sea March 23, 2017 The UK has awarded 25 licences for oil and gas exploration across frontier areas of the North Sea. Licences were issued to 17 companies, and for the first time in 20 years they all focused on under-explored regions of the UK Continental Shelf (UKCS), the Oil and Gas Authority (OGA) said. Although the OGA said [...]
Bank of England deputy governor says sterling depreciation could boost British business investment | City A.M. March 23, 2017 The devaluation of sterling since the EU referendum could prompt an increase in business investment if exporters look through trade uncertainty, according to a deputy governor of the Bank of England. Ben Broadbent, one of the most influential members of the Bank’s Monetary Policy Committee (MPC), said the depreciation had created “something of a sweet [...]
Britain is right to reject EEA membership: As an Icelander, I should know March 23, 2017 The British government is absolutely right to reject remaining a member of the European Economic Area (EEA) after leaving the European Union. The government is also quite right to say that, by leaving the EU, Britain will at the same time exit the EEA, which includes all the EU member states plus three of the [...]
Is Princess Anne right to disagree with her brother Prince Charles about the benefits of GM crops? March 23, 2017 Sam Bowman, executive director of the Adam Smith Institute, says Yes. Those who spread misinformation and lies about GM foods have caused the disabilities and deaths of millions. Any commercially available GM crop has been rigorously tested and found to be safe, and they are widespread in the US without incident. Many could transform millions [...]
Westminster terrorist attack: Four people killed including police officer stabbed by attacker after pedestrians mown down by car on Westminster Bridge March 22, 2017 Four people have been killed and around 40 others injured in a terrorist attack in Westminster, Scotland Yard said. The attack began when a car ran down pedestrians on Westminster Bridge. A police officer was subsequently stabbed and died as a result of the injuries sustained. He was named as 48-year-old Keith Palmer. Police said [...]
Jacksonville Jaguars plan to increase London presence by building training base in Wembley March 22, 2017 Jacksonville Jaguars are exploring plans to build a permanent facility in London, in a move that would underline their commitment to establishing themselves as the capital’s National Football League team. The Jags are keen to set up a training facility near Wembley to make it easier for players and staff to prepare when they come [...]