Gatwick has another dig at the Airports Commission as it announces a record September October 10, 2016 Gatwick’s not going down without a fight. In the battle over airport expansion, Heathrow may have just won the support of the Scottish government for its third runway proposal, but Gatwick has just announced a record month. In September 4.3 million passengers travelled through the airport (up 6.9 per cent on the same month last [...]
Nobel Prize for Economics awarded to Oliver Hart and Bengt Holmstrom for innovations in contract theory October 10, 2016 British professor Oliver Hart is one of the two laureates of this year's Nobel Prize for Economics, which has been awarded for innovation in contracts theory. Hart, who is based at Harvard University, and Finnish Bengt Holmstrom, based at MIT, have created valuable new theoretical tools that have helped to "[understand] real-life contracts and institutions, as [...]
After the Brexit vote, Open Europe has a new mission – and a new chairman October 10, 2016 Open Europe, the think tank which before the Brexit vote was aimed at coming up with solutions to the European Union's most pressing challenges, has unveiled a new mission statement – and a new chairman. Today it said with formal Brexit talks due to start next year, it will begin to publish analysis on how to [...]
Help solve the housing crisis by leaving your house to your grandchildren, urges housing minister October 10, 2016 Housing minister Gavin Barwell has said parents should leave their property and money to their grandchildren instead of their children. Speaking at a fringe meeting at the Conservative party conference, Barwell said his mother will be leaving her £700,000 Croydon home to her grandchildren rather than him and his brother. Barwell said such generosity from grandparents [...]
In quotes: The most shocking and off-topic moments from last night’s US presidential debate October 10, 2016 Donald Trump and Hillary Clinton came together in their second presidential duel last night for the 2016 election, due to be held on 8 November. Moderated by Anderson Cooper and Martha Raddatz, the town-hall style debate was held at Washington University in St Louis and got off to a rocky start after the two candidates [...]
Now Nigel Farage has compared Donald Trump’s performance in last night’s Presidential debate to a “silverback gorilla” October 10, 2016 Nigel Farage has compared Donald Trump's performance in last night's controversial Presidential debate to a "silverback gorilla". Speaking to Sky News, temporary Ukip leader Farage said Trump "dominated" Hillary Clinton in the debate, saying he was like a "big silverback gorilla in the studio". "He took control, he dominated Hillary Clinton. She was very much on [...]
German exports rebound in August after Brexit vote bump October 10, 2016 German exports returned to health in August after dropping in the month following the Brexit vote. Seasonally-adjusted exports from the country rose 5.4 per cent month-on-month in August, increasing from €97.1bn (£87.2bn) in July to €102.3bn last month. Read more: Merkel hits back at May with tough Brexit stance The rise comes after German exports suffered following the Brexit [...]
Southern Railway strikes to go ahead despite last-ditch legal action October 10, 2016 A three-day strike starting on Tuesday is going ahead, despite Southern Railway's late legal challenge. The company said it had ruled out further talks with the RMT union. RMT general secretary Mick Cash confirmed the receipt of a legal challenge from the train operator over the guards safety row. "It is appalling that rather than [...]
William Hill shares lift more than six per cent in morning trading as FTSE 250 bookie bets on merger talks with Canada’s Amaya October 10, 2016 Shares in William Hill have lifted more than six per cent this morning as the market reacted to weekend news that the bookmaker is in talks with Canadian online gambling group Amaya. The companies are in early-stage talks for an all-share merger, which would create a £5bn "international leader across online sports betting, poker and casino", [...]