Brexit would make red tape worse but lawyers are not doing very much in advance to prepare, warns city law firm White & Case February 3, 2016 Legal experts are warning that Britain leaving the EU would not help to cut red tape, although many have opted to adopt a wait and see approach to preparation. According to a report released today by city law firm White & Case, four out of five (84 per cent) in-house lawyers believe that leaving the [...]
Night Tube: RMT union recommends new pay deal from TfL in major breakthrough for 24-hour service February 3, 2016 The RMT union has recommended that Tube drivers accept a pay deal made by Transport for London which would end a long-running dispute between the two and get the Night Tube launch back on track. The deal, tabled last week to avert strike action, will be recommended to its 10,000 members in a vote that begins on [...]
British workers enjoy shorter weeks as economy improves, Office for National Statistics figures reveal February 3, 2016 Brits have been working fewer hours in the last year, reversing the hard slog of the economic downturn. Office for National Statistics (ONS) figures show the typical full-timer worked 37.4 hours in autumn 2015, compared with 38.5 two decades ago. Recently working hours have resumed the downward trend disrupted by the crisis and recovery. We’ve also been facing fewer crazy [...]
Super Bowl 50 2016: Watch the best Super Bowl TV adverts of all time in this top 10 chart February 3, 2016 The Super Bowl is nearly upon us and that means one thing – the world's biggest brands putting a lot of time, effort, and especially money, into creating the most hilarious/talked about/touching/viral (delete as appropriate) advert. The new round of ads are starting to be revealed, but they have some stiff competition from previous successes [...]
Spotify down: Now the music streaming service is having technical issues across Europe with track skipping February 3, 2016 Spotify is down for some users across Europe. Users of the music streaming service have reported that it is down completely, while others said there were issues with tracks skipping. Spotify is down…………………… pic.twitter.com/CYW4jvxKcw — Rob🏌️♂️ (@rbrtmcmxcii) February 3, 2016 For every minute Spotify is down in our office our collective productivity drops by 10%. Exhibit [...]
EU referendum: David Cameron pressed from every side of the House of Commons over EU reforms during Prime Minister’s Questions February 3, 2016 Prime Minister David Cameron was met with acrimony on every side of the House of Commons today as he was quizzed on his European Union reform agenda. Speaking at Prime Minister's Questions, Cameron came under pressure from backbench Conservative MPs, as well as Labour MPs and the Scottish National Party. John Mann, a Labour MP who [...]
Piercing the bitcoin veil: Businesses should beware the risks of trading with a sanctioned entity February 3, 2016 In January the EU and the US lifted economic and financial sanctions against Iran in a ground-breaking deal that unfroze billions of pounds of assets and opened up new markets for the first time since 2010. Despite the fanfare surrounding the deal, in the small print a warning remains: some EU and US financial sanctions [...]
UK adults expecting a big windfall from inheritance are set to be sorely disappointed, with one in ten mistakenly believing that the payout they predict will fund their retirement February 3, 2016 UK adults are routinely overestimating how much they stand to inherit, while also shunning valuable discussions about financial planning with older relatives. According to figures shown exclusively to City A.M. by VouchedFor, people expect to receive an average of £127,454 from inheritances, and one in ten believe that they are set to receive an inheritance [...]
Tube strike February 2016: City firms must adopt an instinctual reaction to ensure it’s business as usual, even if the London Underground stops running February 3, 2016 After a disruption in the summer, where industrial action from RMT derailed commuters and brought the capital to a near stand-still, we are once again bracing ourselves for further Tube strikes. The London Chamber of Commerce (LCC) estimates that the London Underground strikes cost the capital £48m each day; however it’s not just an organisation’s [...]
Tube strike February 2016: Unite rejects latest pay deal from TfL in Night Tube dispute February 3, 2016 Unite the union has rejected the latest pay deal offered by Transport for London in the long-standing dispute over pay and working conditions on the proposed Night Tube. The same deal has been accepted by RMT, however, and will be recommended to members. The union, representing 600 Tube engineers and maintenance staff, will continue talks with TfL in an [...]