Sterling’s slide spurs international buyers into looking for a London home November 18, 2016 The slide in sterling since the Brexit vote has encouraged foreign buyers into the London property market. The proportion of international buyers increased six per cent in the third quarter, as compared to the second, according to research from Fionnuala Earley, residential research director at Hamptons International. The proportion of international buyers now sits at 29 [...]
Sadiq Khan is facing more pressure over his controversial new Night Tsar November 18, 2016 London Assembly Tories are heaping fresh pressure on mayor Sadiq Khan over the controversial appointment of his new Night Tsar by demanding the chance to grill Amy Lame over her new role. Khan has already had to defend the appointment after Assembly Members raised questions over controversial comments made by Lame on Twitter. The mayor stressed on [...]
The CBI has been accused of “hypocrisy” over staff diversity by a centre-right think tank November 18, 2016 A blazing row has broken out over diversity in business after think tank Policy Exchange branded the CBI “hypocritical” for its failure to employ a single non-white director. The think tank, which was credited with many of the central themes behind David Cameron's premiership, blasted the business group as part of a new report into [...]
Chancellor Philip Hammond has been urged to show caution in an Autumn Statement infrastructure splurge November 18, 2016 Chancellor Philip Hammond has been urged to use caution in backing public infrastructure spending in next week's Autumn Statement. Speculation is rife that Hammond will use his first fiscal event to announce new road and rail projects. However, think tank Centre for Policy Studies warned that 90 per cent of large infrastructure projects are over budget, [...]
Reckitt Benckiser teams up with Indiegogo to support health and well-being entrepreneurs November 18, 2016 NULL
When Obama met Merkel November 18, 2016 Outgoing US President Barack Obama is currently on a trip to Berlin to say farewell to German Chancellor Angela Merkel. According to Reuters, Obama described Merkel as his "closest international partner" shortly before jetting off to Germany. Obama has also used the trip as an opportunity to remind President-elect Donald Trump that he might want to cool it [...]
London’s still the number one city in Europe for digital startups November 18, 2016 Nobody is taking London’s crown as the best city in Europe for digital entrepreneurs. Not yet anyway. For the second year in a row, it has been crowned the best EU city for digital entrepreneurs. According to innovation foundation Nesta and the European Digital Forum’s European Digital City Index, the capital is still the best city [...]
Academics call for businesses to take a cold hard look at themselves to win back public confidence November 18, 2016 Britain's companies have been urged to perform "trust audits" in order to address rock-bottom public perceptions of business. The bespoke audits would review how companies are perceived by the general public. Once completed, a specific plan of action can be put in place to address concerns. Read more: Aberdeen calls for greater shareholder powers over exec pay The [...]
World’s largest Lego store opens in London’s Leicester Square November 17, 2016 The world's biggest Lego store opened its doors in London's Leicester Square earlier today. The store, which is the 131st to open worldwide, features a life-sized Underground Tube carriage, where visitors can pretend to take a trip with a Royal Guard and a rather famous bard, but without the signal failures. The carriage, which took [...]
Gap shares slump as profits unravel for most recent quarter November 17, 2016 Shares in Gap have plummeted in after hours trading, after the retail giant revealed its incomes and sales had fallen during its most recent quarter. The figures Net income for the retailer for the 13 weeks to 29 October slipped to $204m (£164.2m), down 18 per cent from $248m for the same period the year before. [...]