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 [...]
‘Dockless’ electric bikes you can park anywhere launch in London December 6, 2018 Electric-powered bikes you can park anywhere after a ride are launching in London tomorrow. California-based company Lime will be dropping off its "dockless" Lime-E bikes in Brent and Ealing, with 1,000 expected in the two London boroughs by the end of the month. Painted a distinctive green, the e-bikes can be unlocked by Lime app users [...]
FTSE 100 plunges to a two-year low as US-China trade war fears intensify December 6, 2018 The FTSE 100 plunged to a two-year low today as US-China trade war tensions weighed on European stocks. London’s main index fell by as much as 2.5 per cent this morning as blue-chip companies were burnt by fears that China and the US trade war could intensify after a key Huawei executive was arrested overnight. [...]
Scrap the migration target and open the doors to global talent December 6, 2018 As the Brexit debate rages on, the government is gearing up to confirm new immigration rules, including the end to freedom of movement for people from the EU. The warning light should be flashing for businesses, particularly in the capital. If immigration is curtailed, who will do the jobs? We are at full employment, and [...]