General Election 2019: Twitter ban on political ads comes into effect November 22, 2019 Today is the first day of Twitter’s political ad ban, less than a month out from the general election and a year ahead of the 2020 US presidential election. The social media firm revealed last week that it’s ban would include all mentions of political candidates and legislation. All three leading parties – Conservatives, Labour [...]
General election 2019: Shadow chancellor John McDonnell defends Labour’s tax plans November 22, 2019 Labour’s shadow chancellor John McDonnell has this morning defended his party’s plans to reverse corporation tax cuts and increase tax on high earners. McDonnell was grilled on BBC’s Breakfast show regarding the suggestions from the Institute of Fiscal Studies (IFS) that such changes would affect all individuals. The 68-year-old said there was “no evidence” that [...]
TSB says hours-long payments glitch is now resolved November 22, 2019 TSB has said a fresh technical issue over delays of payments into accounts has been resolved following hours of uncertainty. The embattled bank has apologised to customers after a processing error sparked anger and confusion among its customers this morning, Customers will not be left out-of-pocket, the bank has said, after some payments into TSB [...]
Uber awaits fate with London licence set to expire in just days November 22, 2019 Uber will find out at the start of next week if Transport for London (TfL) will grant it a new licence to operate in the capital. The ride-hailing company’s current licence is set to expire on Tuesday after TfL granted it a two-month permit in September following the expiration of probationary licence. Read more: Uber launches [...]
Nationwide profit plunges 33 per cent November 22, 2019 Nationwide has posted a sharp fall in half-year profit following a final blow from payment protection insurance (PPI) charges and a low interest rate environment. Statutory profit for the six months to 30 September fell to £309m, sliding from £516m in the same period a year earlier. Read more: Bankers disappointed by fees deal As [...]
Shazam’s ex-CEO Andrew Fisher joins Rightmove as chairman November 22, 2019 The old boss of music recognition app Shazam has been appointed Rightmove’s new chairman. Andrew Fisher will replace Scott Forbes when he retires from the board at the end of December after 14 years at the helm. Read more: UK house prices won’t catch sluggish inflation rate until 2021 Fisher, who was behind Shazam’s international [...]
Property giant Land Securities appoints new chief executive November 22, 2019 Land Securities announced on Friday that Robert Noel is stepping down as chief executive, just 10 days after the property developer reported a first-half loss. Mark Allan, chief executive of St Modwen Properties and former boss of student accommodation company Unite, has been appointed as Noel’s replacement. Read more: Property giant Land Securities eyes £650m [...]
Tesla CEO Elon Musk unveils his Cybertruck, but it’s already the butt of jokes November 22, 2019 Tesla has lifted the curtain on its “Cybertruck” pickup vehicle, but Elon Musk was left red-faced when the truck’s windows were smashed during a demo meant to prove their toughness. The billionaire could be heard swearing on stage before telling his audience there was “room for improvement”. Read more: Brexit has cost Britain a Gigafactory, [...]
Prince Andrew cancels Middle East trip for Pitch@Palace November 22, 2019 Prince Andrew has been forced to cancel a trip to Bahrain as the fallout over his friendship with billionaire paedophile Jeffrey Epstein deepends, it is reported. The Duke of York was set to travel to the Middle East this weekend to push his Pitch@Palace tech startup initiative. Read more: Bosch cuts ties with Pitch@Palace after [...]
First look: Zaha Hadid Architects’ flower-inspired lobby for Southbank Tower November 22, 2019 The critically-acclaimed firm of architects founded by the late Zaha Hadid is responsible for London cultural landmarks like the London Aquatics Centre built for the 2012 Olympic Games and the Serpentine Sackler Gallery in Hyde Park. Until now it had not worked on any residential projects in the UK, but it has just started a [...]