Competition watchdog gives clearance for CME’s purchase of NEX Group October 31, 2018 The UK's competition watchdog has approved the $5.5bn (£4.31bn) acquisition of London-based financial exchange group Nex by US derivatives marketplace CME. The Competition and Markets Authority (CMA) announced today it will not refer the merger for an in-depth investigation, after it had launched an inquiry in mid-September. CME's share price edged 0.8 per cent higher following [...]
City delivery driver numbers to be slashed in bid to cut air pollution October 30, 2018 The City's governing body is planning to crackdown on the number of delivery drivers operating in the Square Mile as it moves to reduce air pollution. Developers will work with the transport, delivery and servicing industries to contribute to freight transport consolidation measures, the City of London Corporation announced as it launched its City Plan [...]
UK wireless charging tech firm Aircharge makes its debut on London bus routes October 30, 2018 The UK tech firm behind the wireless charging pads found in Starbucks, McDonalds and Costa is going mobile, with its latest expansion to debut on London bus routes. Partnering up with British bus manufacturer Optare, Aircharge charging points will be initially be available on Green Line routes operating between London and various airports, including Luton and [...]
London mayor Sadiq Khan’s green war on diesel cars finally hits home October 30, 2018 Sad news in my household: Moonie is not long for this world. The time is fast approaching when I must put her out of her misery, despite the fact that she seems pretty robust regardless of her ageing years. Like Boxer in “Animal Farm,” I will soon load her up into her metaphorical horse box, send [...]
Man attacked ‘with hammer’ at Stratford station, causing broken shoulder and lacerations October 30, 2018 Two commuters were attacked by a man at Stratford station during rush hour this morning, with an eyewitness claiming he used a hammer in the assault. One man was left with a broken shoulder and a laceration to the head after this morning’s attack, while the other suffered bruising. Eyewitnesses claimed one of the men [...]
It’s time to get serious about closing London’s disability employment gap October 30, 2018 It is widely acknowledged that the employment opportunities on offer in London are unmatched by any other major city in the UK. Yet for disabled people, this buoyant jobs market is all too often entirely inaccessible. The disability employment gap – the difference in the employment rate between non-disabled people and disabled people of working [...]
Looking back on my year as lord mayor, I am fully optimistic about London’s future October 29, 2018 As I approach the end of my year as lord mayor, the pace of activity across the City is accelerating rather than slowing down This week, the governor of Tokyo will visit the Square Mile, further strengthening ties with our Japanese friends after my trip earlier this year. This visit follows the Dutch King and [...]
‘French Spiderman’ who climbed London’s Heron Tower handed suspended prison sentence and £5,500 fine October 26, 2018 The man dubbed the "French Spiderman" has been ordered to pay £5,500 in compensation and given a 20-week prison sentence, suspended for two years, after he climbed the Heron Tower in central London yesterday. Alain Robert, 56, was arrested for a 'public nuisance offence' on Thursday afternoon after pulling off the stunt in which he climbed [...]
Police charge ‘French Spiderman’ Alain Robert after he climbed London’s Heron Tower October 26, 2018 Police have charged the so-called 'French Spiderman' who scaled Heron Tower yesterday with a public nuisance offence. Alain Robert, 56, is a renowned skyscraper climber and was seen ascending the 754ft Salesforce building at around lunchtime as a number of onlookers watched. Police reprimanded Robert on the scene after they were forced to close off roads [...]
Competition watchdog hits Heathrow with £1.6m fine October 25, 2018 Heathrow Airport has been slapped with a £1.6m fine over limiting competition for parking prices and infringing competition law. Britain’s competition regulator, the Competition and Markets Authority (CMA), said this afternoon that the airport and the owner of Heathrow T5 Hotel Limited had infringed competition law. The company commented: "The CMA found that the Arora Group [...]