Give me a fulcrum and lever long enough: London’s engineers are moving the world July 12, 2019 British ideas continue to move the world. Irrespective of the political developments around Brexit, the soft power and influence of our industrial intellectual property and engineering innovation benefits not just Britain, but transforms lives around the world. Today, London and the rest of the UK celebrate the fiftieth anniversary winner of the Royal Academy of [...]
Microsoft opens flagship London store on Oxford Circus July 11, 2019 Microsoft opened its flagship store on Oxford Circus today, marking the US tech giant’s first major retail location in Europe. The new store offers a string of hands-on customer experiences, including a McLaren Senna racing car experience, a gaming lounge and a digital learning hub offering coding lessons for children. Read more: Microsoft and Oracle [...]
London listings triple in second quarter after Brexit extension July 9, 2019 The number of companies selling shares on the London Stock Exchange (LSE) for the first time bounced back in the second quarter of the year after the extension of the Brexit deadline. Read more: Trainline on track as it posts big sales boost in first results since IPO There were 15 initial public offerings (IPOs) [...]
London Victoria derailment causes commuter chaos July 9, 2019 An engineering train derailed overnight, causing rush hour havoc at London Victoria station as train services were delayed or cancelled. Read more: Revealed: These are London’s most stressful Tube stations Holidaymakers were unable to travel to Gatwick on Victoria’s Gatwick Express service while train operator Southern warned commuters of severe delays and a reduced service. [...]
Police release daredevil climber who scaled London’s 95-storey Shard skyscraper July 8, 2019 A man who was filmed climbing the outside of The Shard early this morning was let go by police later today, after reaching the building’s 95th floor. Police said the daredevil had been taken inside Britain’s tallest building with officers, after they were called at 5.15am to reports of a person scaling the tower. The [...]
Deutsche Bank wields the axe in London as traders sent home July 8, 2019 Traders were sent packing from Deutsche Bank’s London office today as the German lender shuttered its entire share-dealing department. Read more: City jobs at risk as Deutsche Bank prepares to slash 18,000 roles globally Numerous bankers were given until 11am to vacate their offices, while bosses held conference calls to inform different teams about their [...]
Tube chaos: Commuters complain of overcrowding after Northern Line suspended July 8, 2019 Londoners have faced a chaotic commute this morning after the Northern Line was suspended. A signal failure meant there was no southbound service between Moorgate and Kennington, and no northbound service between Kennington and Charing Cross. Read more: Tube drivers get ear defenders for ‘screeching’ Underground lines Transport for London recommended commuters avoid the line [...]
It’s time for aspiration and ability – not birth and background – to dictate progress July 8, 2019 In the UK, our sense of fair play is a source of national pride. We like to think that if you study hard at school and work hard in employment, opportunities are there for the taking. We are, however, increasingly finding evidence to the contrary. Throughout the country, we see those at the top being [...]
City jobs at risk as Deutsche Bank slashes 18,000 roles globally July 7, 2019 Thousands of jobs are at risk in the City of London after Deutsche Bank announced it will slash 18,000 roles globally in an attempt to stem its 10-year decline. Read more: Deutsche Bank investment chief quits ahead of shakeup Germany’s biggest lender will shut down its global share-trading business and significantly cut back its investment [...]
Former Metropolitan Police chiefs blame Theresa May for ’emasculating’ forces and leaving Britain in fear July 6, 2019 Five former heads of Scotland Yard have penned a letter to Theresa May blaming her for the “emasculation of British policing”. The former police commissioners said May was responsible for leaving the public in fear, that resources had been “drained to dangerously low levels” and victims had “perilously low expectations”. Read more: Police evacuate Lloyd’s [...]