Former Goldman Sachs partner Steven Mnuchin confirms he’s been named Donald Trump’s treasury secretary November 30, 2016 Further details have emerged of US President-elect Donald Trump's new cabinet, giving investors fresh hope that the controversial tycoon will not stray too far from the fiscal path. The dollar rose against both the euro and the yen after it emerged former Goldman Sachs partner Steven Mnuchin had been appointed US treasury secretary. Mnuchin has confirmed he will [...]
Cycling groups pedal away with £190,000 in Transport for London funding November 30, 2016 Not everyone thinks the prospect of cycling in London is an appealing one. You have to brace yourself for congestion, wayward pedestrians and angry drivers as all part of the experience. But Transport for London (TfL) wants to encourage more people to take it up and has plugged £190,000 into 46 cycling groups. It has [...]
Bookies are cutting the odds of a shock Zac Goldsmith defeat in tomorrow’s Richmond Park by-election November 30, 2016 The odds of a Lib Dem victory in tomorrow's Richmond Park by-election are tumbling with just hours to go before polls open. Former Tory MP Zac Goldsmith is considered the favourite to win when polls open in Richmond Park tomorrow, but bookies say support for Lib Dem former accountant Sarah Olney is growing, particularly within [...]
It’s official: Donald Trump is stepping down from his businesses to make America great again November 30, 2016 Well that's a relief. Donald Trump has announced he's not going to try to run a multi-billion dollar corporation at the same time as leading the free world. Phew. In a series of tweets, the President-elect said he will hold a news conference with his children on 15 December to announce that he will leave [...]
Eurozone inflation reached its highest point in 2.5 years in November on the back of healthy services increases November 30, 2016 Eurozone inflation reached its highest point in two and a half years in November, ahead of next week’s meeting of the European Central Bank (ECB) to discuss interest rates. The annual rate of inflation rose to 0.6 per cent in the month, driven by continued strength in the price of services, according to an early [...]
Mayor Sadiq Khan unveils London’s first hydrogen double-decker bus November 30, 2016 London mayor Sadiq Khan has unveiled the capital's first double-decker hydrogen bus as part of a commitment to phase out diesel buses. They will be trialled on London's roads next year and the mayor wants other cities to follow suit. No more pure diesel double-decker buses will be added to the capital's fleet from 2018 [...]
Thousands of online accounts feared hacked at National Lottery operator Camelot November 30, 2016 National Lottery operator Camelot thinks 26,500 accounts have been hacked. The company said it didn't think its own systems had been compromised, but that players' login details had been pinched from elsewhere. It discovered "suspicious activity" after online security monitoring on Monday. "No money has been deposited or withdrawn from affected player accounts," it said [...]
Bank of England governor Mark Carney renews calls to help businesses navigate Brexit November 30, 2016 Bank of England governor Mark Carney has today reiterated his views that businesses need a helping hand to get through Brexit. Speaking at a press conference to coincide with this morning's release of the Bank's stress test results and latest Financial Stability report, Carney said that businesses needed as smooth a transition as possible as [...]
Tobacco giants have lost their legal battle over plain packaging November 30, 2016 Tobacco giants have lost a legal battle against the government's new plain-packaging rules. British American Tobacco (BAT), Imperial Tobacco and Japan Tobacco International (JTI) appealed against the High Court's decision in May to enforce standardised plain packaging laws on cigarette boxes. Read more: Big tobacco firms aim to stub out new plain packaging laws via appeal Daniel [...]