Ball’s proposed takeover of Rexam faces hurdle from the European Commission October 1, 2015 The European Commission has sent a list of concerns to US can maker Ball over its proposed £4.3bn takeover of FTSE 250-listed firm Rexam. This doesn't mean Ball's takeover of Rexam can't go ahead, but the US company will have to come up with some concessions to appease the antitrust regulator. It's likely the two [...]
“Mad cow disease” Bovine Spongiform Encephalopathy found in dead Welsh cow on British farm October 1, 2015 A dead cow on a farm in Wales was infected with Bovine Spongiform Encephalopathy (BSE), also known as “Mad Cow Disease”, the Welsh government has confirmed. The location of the farm has not yet been identified, but Rebecca Evans, deputy minister of farming and food, said the case was "isolated" and posed no health [...]
Hailo sides with London cabbies in Uber dispute as it ditches private hire October 1, 2015 The battle between black cabs and taxi apps has just ramped up another notch. Hailo, a mobile app which lets users hail a black cab or private minicab, today announced it had resigned its private license and is returning to black cabs only in London. This comes as Transport for London is initiating a consultation on [...]
Oil price rises on news of higher global demand October 1, 2015 Oil prices received a boost this morning as data revealed an increase in global demand over the first half of the year. Yesterday, estimates from the Joint Oil Data Initiative (JODI) showed across 59 countries, which combined account for between 75 and 80 per cent of global consumption, an average of 71.4m barrels were [...]
Crossrail 2: It’s not just your commute that will improve with the Hertfordshire to Surrey transport link October 1, 2015 As anyone who travels through Clapham Junction or Waterloo today will already know, much of the rail network is already operating at the limits of its capacity. Huge improvements are planned and being made – the modernisation of the Tube and the building of Crossrail for example. But they will only ease the crowding [...]
Travel disruption around Parliament Square as legal year is opened at Westminster Abbey October 1, 2015 Those driving towards Parliament Square are likely to face traffic today, and for once the disruption is not because of a protest. Millbank has been closed off in both directions because of a ceremony celebrating the official opening of the legal year at Westminster Abbey. Legal leaders from across the UK have joined the Bar [...]
“What is Twitter?” Twitter has a 136-page manual to help politicians stay out of trouble October 1, 2015 Twitter has a 136-page handbook for politicians trying to stay out of trouble on social media. It’s tricky to maneuver the minefield that is social media. Emily Thornberry famously had to resign from the shadow cabinet last year after posting a photo on Twitter and immediately feeling the wrath of the crowd. The Islington MP [...]
Litigation funder Bentham Europe plans a global shareholder claim against Volkswagen October 1, 2015 Bentham Europe has announced it is coordinating a united shareholder action for some of the largest VW investors around the world. Volkswagen's share price has collapsed from around €160 to under €100, while its market capitalisation has dropped by around €25bn (£18bn) since it emerged two weeks ago it had used software to deceive emissions [...]
Manufacturers warn new National Living Wage will increase costs and uncertainty October 1, 2015 The new National Living Wage (NLW) stands to give 2.5m British workers a pay rise, but half of British manufacturers are worried about the impact compulsory higher wages will have on their business. According to a new survey out today from the EEF, 45 per cent of manufacturers say they are concerned the NLW – set to go into [...]
Google Nexus launch event September 2015: Here’s what we learned from Tuesday’s announcement October 1, 2015 As part of Google's latest operating system, Marshmallow, it has introduced Google Now On Tap, aimed at making the company's contextual search service smarter by allowing users to access information without opening the app. This is an extension of Google Now, which was first launched in 2012 to help people make decisions in the context [...]