Sir Richard Branson could make nearly £500m from sale of Virgin America April 3, 2016 Sir Richard Branson could make $700m (£490m) from the sale of Virgin America. Alaska Airlines is understood to have made a bid valuing the company at more than $2bn. The airline was believed to have been in competition with JetBlue Airways for the company. Read more: Virgin America's share price rockets after sale report The Sunday Times [...]
Canary Wharf is so hot right now – the best from Canary Wharf’s fashion shows this weekend April 3, 2016 NULL
EU referendum: Here’s where the defence, aerospace, security and space industries stand on Brexit April 3, 2016 We already know that the majority of Britain's newest businesses and the entrepreneurs who have founded startups want to remain a part of the EU, but now the more well-established tech industries are following suit. The UK's defence, aerospace, security and space industries, which employ more than a quarter of a million people between them believe overwhelmingly that we should remain [...]
The three most important things Sajid Javid said about steel on the BBC’s Andrew Marr show April 3, 2016 Business minister Sajid Javid has appeared on the BBC's Andrew Marr show on Sunday morning to defend the government's handling of the steel crisis. Here are the three most important things he said during the interview. 1. A private buyer is best, but privatisation not ruled out Javid insisted a private buyer for Port Talbot and the rest of Tata's UK [...]
South Pacific tsunami warning after earthquake strikes Vanuatu coast April 3, 2016 A Tsunami warning was issued after an earthquake in the south pacific. Researchers had initially estimated the earthquake at magnitude 7.2 magnitude which struck near Vanuatu, a Pacific island off the north east coast of Australia. It has now been downgraded to 6.9. The US Geological Survey recorded the earthquake on Sunday morning and had warned of a resulting [...]
Buy British steel, public sector told as tycoon Sanjeev Gupta flies in for talks with Tata and government April 3, 2016 Local councils, the NHS and other public bodies have been told to "buy British" in a bid to save the UK's crisis-hit steel industry. New rules introduced by the government last year that require central government to consider British steel suppliers for major projects will now be extended across the public sector. They will need [...]
Greece wants an explanation from the International Monetary Fund after leaked document surfaces April 2, 2016 Greece has demanded an explanation from the International Monetary Fund after a leaked document stated the IMF may threaten to pull out of the country's bailout in order to make European lenders offer more debt relief. The demand comes after WikiLeaks announced it had details of a meeting between two top IMF officials where it [...]
The public is still “confused” over the changes to the state pension April 2, 2016 The public are still confused about changes to the state pension, Which? has warned. Nearly half of the 1,000 people surveyed by Which? said they do not know what the new rate will be when the new state pension comes into force next week. The changes come into effect from Wednesday. Read more: Too few people [...]
Falkland Islands: Ministry of Defence rubbishes claims the islands have been left unprotected April 2, 2016 The Ministry of Defence has defended itself against claims that it has left the Falkland Islands unprotected due to there being no British warship stationed in the south Atlantic. The defence comes after the Independent reported that the islands had been left without the protection of a British frigate or destroyer for the first time [...]
Nigel Farage says he’s frustrated by Ukip policy-making as he doesn’t have power to make change himself April 2, 2016 Nigel Farage is frustrated that the UK Independence Party has not changed the way it makes policy. The leader of Ukip said that he wants to cut joining fees from £30 to £10, as well as let members vote online in order to determine policy. However, he doesn't have the power to make the changes alone, he [...]