The Great British Bake off starts again tonight, Check out these Square Mile spots for great afternoon tea August 8, 2016 Afternoon tea might have a stronger reputation in the west end of town, but you can get traditional fare in the Square Mile that rivals the Dorchester. The Shard is not only famous for being really tall; it also does a famously glamorous afternoon tea. While Fortnum and Mason is putting on the highest of [...]
Theresa May has issued a cautious defence of the national living wage after businesses called on the government to moderate increases August 8, 2016 Downing Street has issued a cautious response to business demands for a delay in the implementation of the national living wage. Business groups including the Federation of Small Businesses (FSB) wrote to business and energy secretary Greg Clark to call for targets for the programme to be pushed back. The national living wage is aimed at [...]
Oxford Economics study finds soft drinks tax will cost UK economy £132m and put 4,000 jobs at risk August 8, 2016 The sugar tax will put more than 4,000 UK jobs at risk and will cost the economy £132m as a result of lower sales, research from global forecasting group Oxford Economics has found. The levy on soft drinks, which was a surprise announcement in the March Budget, will have the biggest impact on the hospitality sector and [...]
London-listed publisher Quarto books takeover deal for US company August 8, 2016 London-listed book publisher Quarto Group has announced the acquisition a US company. Quarto said its subsidiary, Quarto Publishing Group USA, has agreed a takeover deal for Becker&Mayer from McEvoy Group, an independent trade publishing firm. Quarto said the deal is worth at least $9.8m (£7.5m), which will be combined with a working capital adjustment payment [...]
City chief backs Heathrow Hub for air expansion in the south east August 8, 2016 A top hedge fund boss has put his weight behind plans to extend Heathrow's northern runway in order to expand aviation capacity in the south east. One of the City's top chiefs, Anthony Clake, who oversees near $10bn (£7.7bn) at Marshall Wace Asset Management, is the majority shareholder in Heathrow Hub, one of the plans still [...]
Firefighters tackle blaze at Studio 338 nightclub in Greenwich August 8, 2016 Around 100 firefighters are tackling a huge blaze in south east London this afternoon, and the fire service has warned that the area should be avoided if possible. The London Fire Brigade said the fire is on Tunnel Avenue in Greenwich, near the O2 arena, and added that one man has been rescued. "Firefighters wearing breathing apparatus [...]
Theresa May has blasted Southern Rail strikers for heaping fresh misery on commuters August 8, 2016 Prime Minister Theresa May has condemned Southern Rail strikers for heaping “misery” on commuters, while also insisting she wants to work with the franchise's owner to improve service. Southern Rail RMT members began a five day strike earlier today, arguing that passenger safety is being compromised by plans for train drivers, rather than guards, to [...]
Theresa May has blasted Southern Rail strikers for heaping fresh misery on commuters August 8, 2016 NULL