Jeremy Corbyn’s name to stay on Labour leadership ballot, decides London court July 28, 2016 Jeremy Corbyn's name will be staying on the ballot for Labour party leadership race, after the high court found in the current leader's favour. The legal challenge was brought by Labour party donor Michael Foster after Labour’s National Executive Committee ruled that Corbyn would be automatically included on the Labour leadership ballot. The decision meant Corbyn [...]
Rising consumer spending has pushed up MasterCard’s profits July 28, 2016 MasterCard has reported expectation busting second-quarter profit of $983m as customers increasingly use plastic over cash at the till. Profits came in at 89 cents per share, with earnings – adjusted for non-recurring costs – were 96 cents per share. The average earnings estimate of 17 analysts surveyed by Zacks Investment Research was for 90 cents per share. Processed transactions [...]
This Soho property boss is “on a mission” to make China town less Chinese July 28, 2016 China town is getting a revamp – and it's going to become less Chinese. Speaking to City A.M., the chief executive of Shaftesbury – which owns 3.2 acres of land in Chinatown – said there are too many Cantonese restaurants in China town, and he hopes to attract more varied set of restaurateurs to the heart of London. Read [...]
The yawning gap between Labour supporters and the general public has been illustrated by a new survey July 28, 2016 A new survey has revealed the widening gulf in opinion between Labour supporters and the voting public, with the two sides disagreeing on which of the party's leadership candidates would make the best Prime Minister. In a survey of 1545 UK adults, pollster BMG found that 57 per cent of voters said that leadership challenger [...]
The Museum of London has just unveiled the design for its swanky new Smithfield Market home July 28, 2016 Smithfield Market came a step closer to redevelopment today, after its occupier-to-be, the Museum of London, unveiled the winner of the competition to design its new home. The Museum said today if had chosen a design conceived by Stanton Williams and Asif Khan, who will now work with the museum to come up with ideas [...]
Mark Zuckerberg added $1.9bn to his wealth in less than 24 hours July 28, 2016 How do you fancy making $1.9bn in less than a day? You'd need to have founded the hottest company of the last decade and exclusively wear grey T-shirts – yep, basically, be Mark Zuckerberg. Yesterday the Facebook founder was worth $53.3bn. Today, his wealth stands at an even heftier $55.2bn. Not at all bad for less than 24 [...]
Northern Line services will be disrupted next week – and over the next three weekends July 28, 2016 The Northern Line will be disrupted over the next three weekends, and from Monday to Friday next week, as Transport for London (TfL) carries out track replacement work at Camden Town station. From Monday to Friday next week, northbound Charing Cross branch trains will travel only to High Barnet or Mill Hill East, while northbound [...]
The monster that is Facebook just hit a record high and overtook Exxon July 28, 2016 Shares in Facebook have hit a record high after smashing Wall Street forecasts across the board, helping it briefly overtake oil firm Exxon Mobil to become the fourth largest company in the world. Shares jumped nearly four per cent on the back of a more than impressive 59 per cent growth in revenue while net income rocketed [...]
President Barack Obama’s best comments at the Democratic National Convention July 28, 2016 President Barack Obama is to leave the White House later this year, his successor yet to be elected. It's going to be a tense run-off between Democrat Hillary Clinton and Republican Donald Trump. Polling and bookies puts Clinton out in front ahead of the election in November, but Trump has already defied greater odds just [...]
An EDF board member has resigned in protests ahead of tonight’s Hinkley Point decision July 28, 2016 NULL