Businesses on both sides of the Channel are fighting for a strong future relationship December 17, 2018 A week is a long time in politics, but the last seven days have felt like an age. The postponement of the Brexit vote, the Prime Minister’s trip to Brussels to try to secure further concessions, then her survival of no confidence by Conservative MPs in the span of a week is remarkable even by [...]
Tube driver salaries break £100,000 barrier despite train automation December 16, 2018 Some London Tube drivers are now earning more than £100,000 a year, despite new technology that makes their jobs easier. Figures obtained by the Sunday Times reveal the highest-paid driver earned £103,374 in the year to November, a 69 per cent rise since 2012. The surge in pay comes despite five of the network’s 11 lines [...]
Time Out Market to open in former Eurostar terminal in London Waterloo station December 14, 2018 Time Out Group has revealed plans to open a new market in London's Waterloo station. Time Out Market London will have restaurants, bars and “cultural experiences” hand picked by the British media company from across the capital. Occupying 32,500 square feet over two floors in the former Eurostar terminal, the market is expected to open in 2021. It [...]
Train delays hit 10-year highs for Square Mile commuters December 13, 2018 Punctuality rates for three London train operators – including two that take commuters directly into the Square Mile – fell to decade-lows in the second quarter of this year. The percentage of Chiltern Railways, c2c, and Greater Anglia trains arriving late between July and September were at their highest in over 10 years, according to [...]
The UK is braced for heavy snow this weekend as London feels the chill December 13, 2018 The Met Office has issued yellow weather warnings for some parts of the UK this weekend, indicating heavy snowfall and freezing rain as the country gets ready for Christmas. For some a white Christmas could be coming early, as a low pressure weather system from the Atlantic is set to blast cold wind and snow [...]
Giving to a charity at Christmas is great, but we should think of helping others all year round December 13, 2018 It is nearly Christmas, and it is well known that the theme of the season is the giving of gifts and thinking of others. As a result, it is also a popular time of year for people to give to charity. In fact, data from the Charities Aid Foundation shows that November and December are [...]
Jury fails to reach majority verdict in UBS insider trading case December 12, 2018 An insider trading trial has collapsed after a jury failed to reach a majority verdict in the case against a former UBS compliance office and her day-trader friend. Former UBS compliance officer Fabiana Abdel-Malek, 36, and day-trader Walid Anis Choucair, 39, were accused of making up to £1.4m through tip-offs, the Financial Times reported. Both were [...]
More than half of Londoners would vote for Sadiq Khan in 2020 according to a Yougov survey December 11, 2018 More than half of Londoners would vote for Sadiq Khan in the 2020 mayoral election, according to a new survey, despite concerns over crime rates and affordable housing. A total of 55 per cent of respondents to a Yougov survey said they would vote for the incumbent Labour mayor in the first round of the election, [...]
Indian tycoon Vijay Mallya should be extradited, rules UK court December 10, 2018 Vijay Mallya, the Indian tycoon behind Kingfisher, should be extradited from the UK to India to face fraud charges over the collapse of his airline, it was ruled today. In a judgement at Westminster Magistrates Court, chief magistrate Emma Arbuthnot said Mallya – who co-owned Formula One racing team Force India until it went into [...]
Government cracks down on limited partnerships to fight UK money laundering December 10, 2018 The government unveiled a raft of measures today to cut down on money laundering through British limited partnership companies, hot on the heels of a series of international corruption scandals which have heavily involved UK entities. The Department of Business, Energy and Industrial Strategy (Beis) has announced a package of measures which will require limited [...]