Don’t look down: Check out these vertigo-inducing pictures of Tower Bridge’s new glass walkway November 11, 2014 London is making a habit out of creating buildings that test your head for heights. Today Tower Bridge unveiled a new glass walkway offering a unique view of the 120-year-old bridge and the Thames 42m (138ft) below. The £1m walkway is 11m by 1.8m long. The West Walkway was opened today and [...]
David Cameron forced to ditch Lord Mayor’s Banquet to save EU arrest warrant motion November 11, 2014 David Cameron was forced to ditch dinner and head for the House of Commons tonight, as a Labour-led rebellion threatened to derail a vote on EU police and criminal justice measures. The Prime Minister's evening at the Lord Mayor's Banquet was interrupted by private secretary Chris Martin, who appeared to suggest Mr Cameron [...]
London tech sector sparks City building boom at Silicon Roundabout November 10, 2014 London’s thriving tech sector has helped to drive a resurgence in building activity in the City over the past six months as developers push the start button on a record number of schemes in areas such as Old Street. Developers kick-started work on 10 new schemes in the City in the six months from April [...]
Commons in chaos as Home Office faces cross-party rebellion on vote November 10, 2014 HOME Secretary Theresa May faced down a cross-party rebellion in the House of Commons last night after she pushed through a vote on just 11 EU measures instead of the full 35 MPs had expected, including the European arrest warrant. May’s decision not to allow time for a full vote on the 35 opt-in justice [...]
Conservatives hit back in debate over promise of EU referendum November 10, 2014 Senior Tories yesterday hit back at critics of the party’s promise of an EU referendum. Prime Minister David Cameron denied the move would create business uncertainty, as suggested by Labour leader Ed Miliband, telling the Confederation of British Industry’s annual conference that the idea is unfounded. And striking back at the Labour leader [...]
Don’t look down (or up) November 10, 2014 The new glass-floored crossing which opened at Tower Bridge yesterday may cause headaches for those with a fear of heights, but pedestrians sporting skirts and kilts need not worry about their dignity, a Tower Bridge spokesperson has said. “No it won’t be possible [to see up women’s skirts]. The layers within the glass, combined with [...]
Challenger banks Virgin Money and Yorkshire Building Society call for RBS and Lloyds to be split up November 10, 2014 Small lenders are calling on the competition watchdog to look at breaking up RBS and Lloyds, arguing the market is too focused on giant players. The Yorkshire Building Society (YBS) and Virgin Money have both written to the Competition and Markets Authority (CMA) to push for the big banks to carve out more new challengers from [...]
Aldi to hire 35,000 new staff for expanding discount drive November 10, 2014 GERMAN discounter Aldi is to create 35,000 new jobs and employ up to 1,000 apprentices as it continues to expand its presence in the UK, the company announced yesterday. During a visit from the Prime Minister David Cameron to the chain’s headquarters in Atherstone, Warwickshire, Aldi reiterated its commitment to increasing the number of stores [...]
Rocket Internet share price soars after Goldman gives its rating lift off November 10, 2014 Rocket Internet saw its shares surge in response to yesterday’s decision by Goldman Sachs to place the German internet group on its list of so-called “conviction buys”, with a price target of €69. Shares reached €48 yesterday, a 12.81 per cent rise following the investment bank’s note on the firm. Goldman’s decision marks an impressive [...]
GoPro goes to extreme lengths to raise $100m? November 10, 2014 Up to $800m (£505m) in shares in GoPro, the wearable camera loved by extreme sports afficionados, will be coming to market in a secondary offering. It plans to raise $100m in new capital, plus give some existing investors the chance to sell shares following June’s $491m initial public offering (IPO). Chief executive Nick Woodman announced [...]