Economists need to start playing catch-up – here’s why January 9, 2017 Last week was something of a cathartic one for the economics profession, as the Bank of England’s chief economist, Andy Haldane, conceded that those who engage in forecasting need to adapt to regain the trust of politicians and the public. Since last summer’s referendum, experts from the OECD, IMF, Bank of England and the Treasury [...]
London is the world’s greatest city because it’s both a cultural and business powerhouse January 9, 2017 "You find no man, at all intellectual, who is willing to leave London. No, Sir, when a man is tired of London, he is tired of life; for there is in London all that life can afford.” This famous quotation by British poet Samuel Johnson still holds true about our great city some 240 years later. London [...]
Why sheriffs of London cherish the City’s power January 9, 2017 I served recently as one of the two sheriffs of London – a role that surpassed all expectations. Whether travelling to Cuba with the former lord mayor Jeffrey Mountevans, drumming up business for UK firms, hosting judges’ lunches at the Central Criminal Court, or presenting prizes at a City school, I relished every minute of the [...]
Seed capital comes to London start up that helps street food traders set up shop January 8, 2017 A LONDON-based tech startup that aims to modernise the street trading sector has secured £350K seed capital investment from private Singapore fund B.O.H LLC. StreetDots works with major landlords to open street trading pitches or 'dots' that can be booked by street food traders and other retailers via a one stop app. The technology handles [...]
Underwear on the Underground? Yep, it’s no trousers on the Tube day January 8, 2017 No trouser on the Tube day is here – or no pants Subway day if you're across the pond (but let's not get that mixed up). Yes, anyone of a modest nature were in for a bit of a surprise, and perhaps averted their eyes on the Tube today. Several hundred people braved the cold without their [...]
Two essential maps for walking around London during the Tube strike January 8, 2017 Commuters face more crazy travel troubles as Tube workers prepare to go on strike starting from 6pm on Sunday evening. London Underground stations in Zone 1 are expected to be severely disrupted with many closed, meaning that travellers will have to find alternative routes to their destinations if still travelling into the city. Read more: There's [...]
Bad news commuters: A 24-hour Tube strike is going ahead from 6pm after unions reject last-ditch offer January 8, 2017 The Transport Salaried Staffs' Association (TSSA) has rejected a new offer on jobs from the London Underground in a bid to avoid a 24-hour strike. The union said its members are going ahead with the industrial action from 6pm on Sunday. It comes after the biggest rail union, the Rail, Maritime and Transport (RMT) union, [...]
There’s going to be a major Tube strike: Here’s what you need to know January 8, 2017 Happy new year, everyone: London will grind to a halt on Monday as Tube staff from the RMT and TSSA unions go on a 24-hour strike over ticket office closures. Transport for London (TfL) has warned customers to be prepared for most stations throughout Zone 1 to be closed throughout the action. Here's what you [...]
Talks to prevent Monday’s major Tube strike have collapsed January 6, 2017 Talks aimed at putting off a major Tube strike by London Underground workers next week have collapsed, meaning the walkout will go ahead, the Press Association reported this afternoon. The talks, between unions and Transport for London (TfL), were aimed at putting off the strike, which is due to begin at 6pm on Sunday and [...]
A woman has said she just realised £7m in gold was missing from a safety deposit box involved in the Hatton Garden heist January 6, 2017 A woman has come forward to police saying she just realised £7m of her gold is missing from a safety deposit box involved in the Hatton Garden heist more than a year ago. Sky News reported the claim today, which would take the total stolen in the heist to around £21m. Police said in June they [...]