Exclusive: Government plan to invoke EU law’s supremacy to ensure Brexit on Halloween September 26, 2019 The government believe it is possible to circumvent parliamentary legislation requiring them to delay Britain’s departure from the EU by invoking European law, City A.M. understands. Under the hastily-passed Benn Act, the Prime Minister must write to the EU seeking an extension to Article 50 if no Brexit deal secures parliamentary approval by 19 October. [...]
Boost for broadcasters as young viewers flock to live shows September 26, 2019 Live events are still the most watched TV programmes among young audiences, new data has revealed, marking a much-needed boost for traditional broadcasters. Live TV favourites such as reality shows, talent shows and sports fixtures made up more than half of the top 30 most-watched programmes among 18 to 24-year-olds, according to figures from the [...]
City airport boasted lower fares than Heathrow and Gatwick last summer September 26, 2019 London City Airport has said its fares last summer were lower than both Heathrow and Gatwick on a route-by-route basis, as it sets itself up as a competitor to the two hub airports. The airport favoured by businesses and bankers also said it saw a 22 per cent increase in the number of local people [...]
Bank transfer fraud rises above £200m September 26, 2019 Fraudsters duped customers into transferring more than £200m through their bank accounts during the first six months of this year. In the first half of 2019 roughly £207.5m was lost to authorised push payment (APP) scams, which involve bank users sending money from their own account directly to one belonging to a fraudster. Losses surged [...]
Uber teams up with the Open University to offer drivers free courses September 26, 2019 Ride-hailing giant Uber has teamed up with the Open University to offer free higher education courses to its drivers. The firm has today launched Uber Pro, a tiered loyalty scheme that gives drivers access to a variety of courses depending on the number of trips they have completed as well as ratings they receive from [...]
Crossrail: TfL to run Paddington to Reading trains from December September 26, 2019 Transport for London (TfL) will start running services between Paddington and Reading from this December, which will become part of Crossrail when it opens from 2021. TfL Rail will replace GWR as the operator of the services, with four trains per hour at peak time and two at off-peak. Read more: Crossrail shares progress pictures [...]
FTSE 100 rises as US-China trade talks boost European stocks September 26, 2019 European stocks climbed this morning as investors were buoyed by optimism over trade talks. Trade-sensitive technology stocks led the gains after the bell opened, with markets reacting to comments from China that its tariff negotiations with the US were progressing. The FTSE 100 rose 1.25 per cent to roughly 7,380, shrugging off a series of [...]
The magic of Macao September 26, 2019 | Sponsored The saying goes that good things come in small packages, and nowhere lives up to this more than Macao, the diminutive Chinese region located on the country’s south-east coast. Measuring at just 13 square miles, it still manages to pack a vibrant cultural punch, with its Portuguese-Chinese heritage creating an eclectic backdrop on which everyday [...]
Ex- Labour MP Luciana Berger to contest London seat for Lib Dems at next election September 26, 2019 Former Labour MP Luciana Berger has said she will contest the north London seat of Finchley and Golders Green in the next general election. The former MP of Liverpool Wavertree will stand for the Liberal Democrats in north London seat, which is currently held by Tory MP Mike Freer. Read more: Ex-Labour MP Luciana Berger [...]
Softbank in talks to invest extra $1bn in Wework September 26, 2019 Softbank is planning to invest an extra $1bn in flexible office space provider Wework, changing a warrant agreement made before the firm delayed its initial public offering (IPO) plans. The Japanese investor originally agreed to pump $1.5bn into the co-working startup, allowing Wework to access the funds next April in return for Class A common [...]