Flower delivery startup Bloom & Wild is set to blossom with millions in fresh funding February 12, 2017 An innovative London startup delivering flowers has raised millions more in fresh funding to pursue ambitious international expansion. Bloom & Wild has landed £3.75m from German media company Hubert Burda's venture arm and previous investor MMC Ventures, along with other angels. Read more: Hungry House is partnering with a startup to help takeaways deliver more The [...]
John Lewis, Pret and the 30 biggest private companies MPs want held more accountable February 12, 2017 Middle class favourite John Lewis and lunch time hotsport Pret a Manger are just two of Britain's most well-known businesses which could be subject to a stricter code of governance traditionally reserved for Britain's top public companies. Under new proposals suggested by a group of MPs, 30 of Britain's biggest privately owned companies would have to set [...]
After BHS: MPs eye stricter transparency rules for private companies February 12, 2017 The UK's biggest private companies and those with large pension schemes should have to abide by the same financial reporting rules as listed firms to ensure the fallout from the collapse of BHS is not repeated, MPs have said. Any private company with more than 5,000 members of a defined benefit pension scheme, or those defined as large [...]
Three important things we learned from Jean-Claude Juncker this weekend on the future of Europe, Trump and Brexit February 12, 2017 European Commission President Jean-Claude Juncker has spoken about the future of Europe and his own role within it, in an interview with German radio, and the effect of Trump and Brexit. Here are the three important things he said. 1. Europe is divided – and Britain isn't helping Opinions of both the public in the member [...]
North Korea test-fires ballistic missile as Trump and Abe meet February 12, 2017 North Korea conducted tests of its ballistic missile capabilities early on Sunday morning, as the US President Donald Trump met with Japan's Prime Minister Shinzo Abe. The missile landed in the Sea of Japan and was fired from an area in the west of the secretive country according to South Korean officials. Abe said the launch was "absolutely [...]
Greece won’t accept “illogical” demands from lenders, PM says February 11, 2017 Greece's prolonged bailout review will be completed positively, Greek Prime Minister Alexis Tsipras said today, but he added Athens will not accept "illogical" demands from lenders. Speaking to his leftist Syriza party, Tsipras said the review would be completed "without concessions in matters of principle" and warned all sides to "be more careful towards a country that has been pillaged [...]
The Federal Reserve’s vice chair doesn’t think Dodd-Frank regulations will be fully repealed February 11, 2017 Dodd-Frank financial regulation legislation may be adjusted rather than repealed altogether, US Federal Reserve vice chair Stanley Fischer said in a speech today at a Warwick University economics summit. "There are many aspects that are extremely important," Fischer said. "Significantly reducing capital requirements would reduce the safety of the system. I would certainly hope it's not going to happen." [...]
Snow in the City causes flight delays at London’s airports February 11, 2017 For once, it appears the Met Office's warnings of snow in the City were true. Snow showers broke out in London in the early afternoon – but now some flights leaving the UK are facing delays. Snow slow-mo on the River Thames #londonsnow pic.twitter.com/lCSUdmVAfc — Katie (@katbadgerallen) February 11, 2017 Heathrow said in a tweet it is experiencing some [...]
Severe Piccadilly line delays are cutting access Heathrow February 11, 2017 Severe delays on the Piccadilly line are limiting access to Heathrow this afternoon. A signal failure on the Tube line is causing travellers major delays. Transport for London (TfL)'s Piccadilly line tweeted there is no service between Northfields and all Heathrow terminals and severe delays between Acton Town and Northfields. https://twitter.com/piccadillyline/status/830368757247832065 One traveller asked when the issue would [...]