Breaking old habits could save you thousands on international transfers November 26, 2015 Our financial affairs are exposed to many variables. Recent stock market movements have certainly served as a good reminder of this fact. Today, as increasing numbers of us conduct both personal and business transactions abroad, foreign exchange markets provide an added element of financial uncertainty. But while the currency market can be volatile, there are [...]
Kilburn High Road closed after “serious” collision November 26, 2015 Kilburn High Road has been closed in both directions following a "serious collision" between a cyclist and a lorry. Metropolitan Police, London Ambulance Service and the London Fire Brigade are all on the scene. A Metropolitan Police spokesman told City AM they were called at 8:58 to reports of a woman struck by a lorry. An [...]
Rotherhithe bridge: World’s longest drawbridge over the Thames to Canary Wharf proposed November 26, 2015 Proposals to build the world's longest drawbridge from Rotherhithe to Canary Wharf for £88m have been put forward by an architect and engineering group. The "Rotherhithe bridge" will connect south east London to the Docklands peninsular, and will offer an alternate route across the Thames. Designers reForm Architects worked with structural and civil engineers Elliott Wood to develop initial proposals [...]
George Osborne has missed every target he’s set himself, says Labour MP Helen Goodman November 26, 2015 "The fact is the chancellor has missed every target that he’s set himself,” according to Labour MP Helen Goodman on George Osborne’s Autumn Statement. “He can’t keep banging on about what happened eight years ago because he’s been in charge now for nearly six years – it’s his fault he hasn’t met his targets,” Goodman, who [...]
Protest group Plane Stupid block tunnels into Heathrow causing major traffic disruption November 26, 2015 Activist group Plane Stupid has blocked tunnels leading to Heathrow Airport this morning, causing chaos for passengers trying to get to their flights. The climate change group, who are protesting against proposals to build a third runway at the west London airport, have been blocking the main road entrance since around 7:40am this morning. They [...]
Tesco’s share price rises after supermarket agrees $12m US settlement over profits blackhole November 26, 2015 Tesco's share price climbed this morning, on the back of news that it has agreed to pay $12m (£8m) to settle a US class action lawsuit brought against it over the £263m profits blackhole discovered last year. The supermarket denied wrongdoing, but agreed to pay the all-cash settlement, according to documents filed at the US District Court [...]
Network Rail misses punctuality targets (just) November 26, 2015 Network Rail has narrowly missed its punctuality target, the train group has admitted, while revealing a drop of nearly a quarter in profits. The group is charged with getting 90 per cent of trains to their destination on time: figures out this morning show that it has reached a moving annual average of 89.5 per cent. [...]
City A.M. Awards 2015: The City’s top talent comes out to play November 26, 2015 Anyone who’s anyone in London’s corporate jungle came to St Paul’s last night for the sixth City A.M. Awards. The blockbuster black tie-bash was attended by some of the UK’s biggest business icons, from business secretary Sajid Javid to PwC chair Ian Powell, joining together to celebrate the brightest personalities in the financial sector this year. [...]