Uber wins judicial review of English tests for drivers and other new rules September 1, 2016 Uber has succeeded in the first stage of its legal challenge against new rules on English language tests for drivers in London after the high court today approved a judicial review. The billion dollar startup argues the English exam, which it claims is tougher than the test for British citizenship, is discriminatory and contravenes the Equality Act. City A.M. exclusively revealed in August that [...]
The UK remains hopeful of securing tariff-free trade with the EU, Brexit minister David Davis has said September 1, 2016 Britain maintains hopes of tariff-free trade with Europe according to Brexit secretary David Davis, despite the government saying any deal “must” include curbs on free movement. Theresa May has stressed she is keen to secure a “unique” relationship with the EU, and despite suggestions from Europe that free trade is incompatible with migration limits, Davis [...]
Paysafe share price soars as company buys affiliate marketing technology provider Income Access September 1, 2016 Paysafe's share price has jumped today after the payments solutions firm announced it was snapping up Income Access. Paysafe is buying the Montreal-based company, which provides affiliate marketing technology to businesses, for cash consideration of CA$40m (£23bn). Investors were clearly thrilled with the decision, as shares are currently up 2.2 per cent at 446.2p. "This transaction delivers on Paysafe's strategic [...]
Watch an artist create the world’s largest 3D pen sculpture – of a Nissan September 1, 2016 Carmaker Nissan has just revealed the largest 3D pen sculpture ever produced – and it’s oddly mesmerising to watch. The sculpture uses “3Doodler” 3D pen technology to “draw” a full-sized replica of Nissan’s new Qashqai, to celebrate the car’s launch. Measuring at 4.4m long and 1.6m high, the piece is made up of 13.8 kilometres [...]
MPs and campaigners deliver petition against M&S pay changes to the retailer’s flagship store September 1, 2016 MPs and campaigners turned up at Marks and Spencer's flagship store in Marble Arch today to deliver a petition – signed by 90,000 people – voicing concerns about the company's proposed pay cuts. Under the proposed changes, staff will lose the pay premiums they receive for working on Sundays and Bank Holidays and will face reduced pension [...]
Dollar falls as US manufacturing sector shows surprise contraction in August September 1, 2016 We've missed the hat trick: after this morning's purchasing managers' indexes (PMIs) for manufacturing in the Eurozone and UK both beat expectations, this afternoon's US equivalent was a rather damper squib, with the country's factories sector posting a surprise contraction in August. The Institute of Supply Managers' PMI for economic activity in the manufacturing sector fell to [...]
These are Britain’s ugliest new buildings September 1, 2016 Ugly new buildings are popping up all the time, but only the biggest crimes in British architecture make it onto the Carbuncle Cup's shortlist. The list, compiled by design experts for architect trade bible Building Design, is a real horror show this year – and London is well represented. The City has, of course, made the shortlist, [...]
Man arrested in connection to banker Oliver Dearlove’s murder September 1, 2016 Police investigating the death of banker Oliver Dearlove have arrested a man on suspicion of murder. The 31-year-old man was arrested this morning and is currently in custody at a south London police station. Thirty-year-old Dearlove, who was a relationship manager for Duncan Lawrie Private Bank and who was living with his girlfriend in Eltham, died in hospital after being assaulted [...]