Liam Fox has led the UK’s second meeting with Qatar in a week as he seeks to build ties with Gulf states September 19, 2016 Liam Fox has led the government's second engagement with Qatar's rulers in less than a week as Downing Street has vowed to comply fully with rules blocking the UK from trade talks while it remains an EU member. Qatari Emir Shiekh Tamim bin Hamad Al Thani visited Downing Street to meet Theresa May last week, [...]
Customers complain as Uber prices surge after an explosion in Chelsea, New York September 19, 2016 Uber has come under fire once again, this time by users across the pond. It comes after an explosion injured dozens of people in New York City’s Chelsea neighbourhood on Saturday. Passengers who opted to use the service to get them home safely found that their fares were nearly double the usual rate. The blast, which left 29 [...]
Finsbury Food Group cooks up tasty 40 per cent profit growth with the help of artisan breads and Disney cakes September 19, 2016 Profits were up a tasty 40 per cent last year at cake and bread supplier Finsbury Food Group, as demand for premium breads and Disney celebration cakes pushed up growth. The figures Group revenue rose 25 per cent to £319.7m in the year ended 2 July, while adjusted operating profit grew 38 per cent to £17.1m. Finsbury [...]
Former Lib Dem MP Vince Cable says his party’s plans for a second referendum are “disrespectful” and “counter-productive” September 19, 2016 Former Lib Dem business secretary Vince Cable has reportedly branded his party's plans for a second Brexit vote "disrespectful" and "utterly counterproductive". Lib Dem leader Tim Farron has sought to make his party the logical choice of Europhiles everywhere since the June Brexit vote. Farron has repeatedly pledged his party's support for EU membership, and declared at [...]
Accountancy firm celebrates 14 per cent revenue rise after merger September 19, 2016 Accountancy firm Moore Stephens LLP has reported a revenue rise of 14 per cent. The firm, which merged with Chantrey Vellacott DFK LLP in May 2015, also reported having more than £13m of new business. “At the time of the merger, we were confident it would provide a platform for continued, sustainable growth – and [...]
Payday lender to cough up £35m in compensation to consumers after “serious failings” found by Financial Conduct Authority September 19, 2016 Payday lender CFO Lending is to provide £34.8m in compensation to more than 97,000 clients after the Financial Conduct Authority (FCA) found they had been treated unfairly. The FCA, which has forced a number of redress schemes with lenders since 2014 as part of a crack-down on the sector, said CFO was guilty of “serious failings” [...]
A London branch of campaign group Momentum isn’t just focused on the Labour party any more September 19, 2016 Civil war between Labour MPs and backers of Jeremy Corbyn is spilling over into the Co-op party, with London members of the Corbynist Momentum campaign now seeking to gain representation in their sister group. In August the Sunday Times reported some Labour MPs had considered the party as a possible escape route if, as expected, Corbyn triumphs in [...]
These are the views from across the world Londoners most want to see from their windows September 19, 2016 Unless you're lucky enough to live in one of the capital's multi-million pound mansions or have nabbed a flat overlooking a royal park, there's a strong chance you'd like to upgrade the view from your bedroom window. In the latest piece of research that no one really asked for, one in seven homeowners in London have [...]
Neil Woodford-backed P2P lender RateSetter reports loss as it seeks sustainable future September 19, 2016 Peer-to-peer (P2P) lender RateSetter, which is backed by fund manager Neil Woodford, has reported a revenue rise of nearly 50 per cent to £18.5m in its 2015/16 accounts. The figures The company said the results, which reported a £4.9m pre-tax loss compared with a profit of £476,000 the year before, are in line with expectations set [...]
Severe delays on Central Line after person hit by train at Bethnal Green Tube station September 19, 2016 There are severe delays on the Central Line this afternoon, following a customer incident earlier. A person was killed after being hit by a train at Bethnal Green Tube station, which was subsequently closed. The station has since reopened. Transport for London said there were severe delays on the entire Central Line. https://twitter.com/centralline/status/777866520722538496 British Transport [...]