Health alert issued ahead of heatwave in London August 23, 2016 Public Health England (PHE) has issued a health warning as London braces for a heatwave over the next few days. The east of England was hit by a heatwave today, and soaring temperatures are now forecast for the south east and the capital. The Met Office today declared a Level 3 heatwave alert, which means [...]
Valeant’s share price climbs after new CFO appointment August 23, 2016 Shares in Canadian drug giant Valeant have continued to climb today following yesterday's appointment of rival drug maker Zoetis' Paul Herendeen as its chief financial officer, replacing Robert Rosiello. The move marks another step in Valeant's overhaul of its senior management team following its fall from grace almost 12 months ago, sparked by tweets from US presidential hopeful Hillary Clinton [...]
Three at 3: The three stories you need to read right now August 23, 2016 We’ve done the legwork for you, and put together the top three stories of the day in bite sized form, just to make your life that bit easier. Time for a coffee break? Check out our three at three. Guess who’s been given a six month driving ban A certain man who is known [...]
RMT announces new strike dates on Southern Rail August 23, 2016 The RMT has announced that further strikes will take place on 7 and 8 September as part of their long-running dispute with Southern Rail. General secretary of the RMT Mick Cash said: This action has been forced on us by the arrogance and inaction of the Govia Thameslink and the government who have made it clear that [...]
Sterling stops the Brexit slide by hitting three-week high August 23, 2016 The pound has climbed higher again today as the trickle of strong post-referendum data boosts the outlook for the beleaguered currency. Sterling briefly touched above $1.32 this morning, a three-week high, before falling back to stand at $1.3187, up 0.4 per cent on the day and nearly four cents clear of last week's low. The pound also [...]
It seems as if Jeremy Corbyn wanted to sit on the floor of apparently “ram-packed” Virgin Trains service August 23, 2016 Labour leader Jeremy Corbyn sat on the floor for his journey from London to Newcastle last week to meet Owen Smith for their hustings. He said: “This is a problem that many passengers face every day, commuters and long-distance travellers. Today this train is completely ram-packed. The staff are absolutely brilliant, working really hard to help [...]
This challenger bank is moving to a larger London HQ August 23, 2016 Hampshire Trust Bank has revealed today it will be moving to larger London headquarters to house its expanded team. The bank, which launched in its current format two years ago, is planning to make the move from its 7,500 square foot headquarters near the Barbican to a newly refurbished 21,000 square foot office on Bishopsgate. In its most [...]
Best Buy’s share price has jumped ahead of the opening bell August 23, 2016 Shares in the largest US consumer electronics retailer Best Buy have leapt ahead of the opening bell in New York after posting a rare rise in sales. An hour ahead of the open the company's shares were 16 per cent higher at $38.18 in pre-market trading. The boost to shares came from an up-tick in forecasts for the third [...]
Before the bell: What you need to know before the US market open August 23, 2016 The sun is shining in London, the FTSE 100 is higher, and across the pond markets look set for a rise on the opening bell. Here's what you need to know before the US market open at 2:30pm London time. US futures are pointing higher ahead of the open. The S&P is up by 0.24 per cent, [...]
Watch out Carney: Here’s what Japan’s central bank just said about fintech August 23, 2016 The Bank of England made history this summer with the launch of the first ever fintech accelerator by a central bank. But, forward-thinking Mark Carney is not the only governor eyeing the potential of the fintech sector and its future role in monetary policy making and central banking. Haruhiko Kuroda, the governor of the Bank of Japan, has indicated [...]