Before the bell: What you need to know before the US market open August 24, 2016 It's another scorcher in London and the FTSE 100 is feeling the heat, though European markets are broadly mixed as they digest the Bank of England's latest bond-buying spree. Here's what you need to know before the market open at 2:30pm London time. The S&P is up by 0.8 per cent in the pre-market, while the Nasdaq [...]
Labour leader Jeremy Corbyn has reacted angrily to fresh questions as #traingate rumbles into a second day August 24, 2016 Labour leader Jeremy Corbyn has reacted angrily to fresh questions over a spat with Virgin Trains revolving around a video complaining of a “ram-packed” service. Corbyn put out a video of him sitting on a train floor last week, arguing that over-crowding was a further illustration of the need for the nationalisation of the train [...]
Londoners – and men – think they are worth more than everybody else August 24, 2016 Londoners think they are worth twice as much as everybody else, according to innovative new research. Pollsters Opinium surveyed 2,000 people across the country for insurance group LifeSearch to find out how much people think their assets are worth, combining this with their average annual salary and the financial value they place on their out-of-work activities such as [...]
Costain’s share price jumps five per cent following “excellent” half-year results August 24, 2016 Shares at the construction company at the centre of the London Bridge station regeneration leapt five per cent this morning after releasing half-year results and shrugged off concerns about the Brexit vote. Speaking with City AM, Costain's finance chief Tony Bickerstaff hailed the results and said that "we see as many opportunities coming out of Brexit as concerns." "It is [...]
Manchester United legend Gary Neville has slammed Owen Smith’s plans to seek a fresh public vote on Brexit August 24, 2016 One of England's most-capped international footballers has slammed Labour's Owen Smith for vowing to fight Brexit without a fresh vote. Former England and Manchester United great Gary Neville blasted Smith after the Pontypridd MP said he would seek to block any attempt to take the UK out of the EU without a fresh referendum or [...]
Atlas Mara profits plunge but Bob Diamond’s venture positive on rest of 2016 August 24, 2016 Atlas Mara announced today it was feeling positive about the rest of 2016, even though it reported a drastic drop in profits year-on-year. The figures The financial services company, which focuses its efforts on banking in Africa, reported net profit after tax of $1.2m (£0.9m) for the first half of 2016, down 70.7 per cent on the $4.1m profit reported the [...]
From Corrie to the Commons – Is a former soap star lining up a bid to replace Jo Cox? August 24, 2016 Murdered MP Jo Cox could reportedly be replaced by a former star of Coronation Street, Eastenders and Holby City. According to The Sun, Tracy Brabin, who featured in Coronation Street for eight years as Tricia Armstrong, will announce a bid for to be the Labour candidate for the seat within days. A source in the [...]
The hardest word: Full text of Lloyds boss Antonio Horta-Osorio’s letter to his staff over tryst allegations August 24, 2016 Lloyds boss Antonio Horta-Osorio has issued an apology to his staff after an alleged tryst with Russell Group boss Dr Wendy Piatt. Sky News reported last night that Horta-Osorio was preparing to write to his 75,000 staff expressing "deep regret" over the allegations, which surfaced earlier this month after he and Platt went on a business trip [...]
Now Bus workers are going on strike including during Notting Hill Carnival August 24, 2016 After a slew of strikes across train networks, bus workers have now voted to go on strike in London – including on Bank Holiday Monday when Notting Hill Carnival is held. Unite the union said 1,000 drivers, engineers and other workers are involved in a dispute affecting some 28 bus routes across London. The stoppages [...]
Do you have what it takes to become London’s “night czar”? August 24, 2016 Calling all party people – now's the chance to put to good use your love of the capital's night life, and get paid for it. The Mayor of London Sadiq Khan is looking for a "night czar" to champion the capital's buzzing night-time economy. Now the Night Tube has finally got going, it could open the flood [...]