Euribor rigging trial: £1m bail requested for Christian Bittar as six of 11 ex-traders accused appear in court January 11, 2016 Former Deutsche Bank employee Christian Bittar, who appeared in court today over accusations regarding the manipulation of the Euro Interbank Offered Rate (Euribor), has been ordered to pay bail security of £1m. Bittar, who was represented by David Cameron's brother Alexander Cameron QC and will turn 44 years old tomorrow, was one of the six ex-traders who attended Westminster Magistrates’ [...]
Tube strikes 2016: London mayor Boris Johnson and Zac Goldsmith slam Sadiq Khan over union support January 11, 2016 London mayor Boris Johnson has slammed Labour's City Hall hopeful Sadiq Khan, calling him a "tool" of the unions after Khan blamed Johnson for an increase in industrial action on London's Tube and buses. Johnson attacked Khan for failing to condemn the latest round of strikes, saying he is "entirely motivated by the self-interest of union [...]
Health and wellbeing in the workplace: What Agent Marketing learned from trialling a six-hour work day January 11, 2016 Agent Marketing has long had a keen interest in exploring how various health and wellbeing initiatives can help the business flourish. At Agent, all of my employees are encouraged to meditate for fifteen minutes a day, in addition to weekly early morning yoga and monthly massages. It's things like this that keep the team positive, [...]
US stocks rise as markets shake off China concerns January 11, 2016 It seems American investors have finally driven the bears away: US markets opened up as fears over China’s economy started to abate. After a sharp fall last week, US equities started this week with more confidence. The Dow Jones jumped 100 points as trading began, helped along the way by Apple, which itself made gains [...]
How you can live in a £3m London mansion for free: SpareRoom founder Rupert Hunt’s lucky flatmates will pay only what they can afford for rent January 11, 2016 One property entrepreneur is giving someone the opportunity to live in a £3m mansion in the heart of the city – for free. Rupert Hunt, the founder of letting website SpareRoom, is looking for a new flatmate for his swanky pad in Spitalfields which boasts six bedrooms over five floors and grade two listed status, but is making it [...]
EU migrant crisis: The majority of European CFOs think refugees entering Europe will have a positive impact on the economy January 11, 2016 A majority of European chief financial officers believe that refugees entering the continent will have a positive economic impact, according to new research. Nearly 60 per cent of the CFOs believe accepting migrants will help solve long-term demographic problems their nations face, such as an ageing population and shrinking labour force, based on a survey [...]
Firefighters, ambulance crews rescue man who was trapped in lift which fell 30 feet in building on Austin Friars January 11, 2016 A man has been hospitalised after a lift he was trapped in plummeted 30 feet this morning. The lift dropped three storeys from the fifth floor of the building, on Austin Friars in EC2, to the second. The man was rescued by crews from the London Fire Brigade and treated on the scene, before being sent to a [...]
London house prices: Rethinking high rise estate regeneration could create 360,000 more new homes January 11, 2016 We may have been doing regeneration wrong this whole time. There's a much better way to redevelop London's high rise housing estates that would increase the number of homes in the capital by several hundred thousand, a new report has found – all but solving the housing crisis. More than a quarter of a million extra homes [...]
Prime Minister David Cameron commits £70m to a new scheme to encourage business people to mentor teenagers January 11, 2016 Prime Minister David Cameron has said that he wants a "new generation of high-flying mentors" from Britain's leading businesses to mentor at-risk teenagers. In a speech in north London today, Cameron announced a new national campaign targeting businesses, charities and public sector employers to recruit "high-quality" mentors to "help struggling teens fulfil their potential and improve their [...]
UK weather: Cold weather alert issued for London, the South East and other parts of Britain January 11, 2016 The government has issued its cold weather plan as the Met Office puts out a level two cold weather alert for London, the South East and other parts of Britain. Will Lang, chief forecaster at the Met Office, said cold air would spread across the UK "in marked contrast to the recent mild weather", bringing [...]