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      Government intervenes on foreign takeover bids for UK defence firms

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  • Uber drivers are NOT self-employed but entitled to workers’ rights, says employment tribunal

    October 28, 2016

    Uber drivers are entitled to basic workers' rights, an employment tribunal announced today, in a landmark legal case. The hearing at a London employment tribunal is the first case of its kind in the UK. The action was brought by the GMB union which represents drivers, and law firm Leigh Day. Nigel Mackay, employment lawyer [...]

  • Zac Goldsmith’s on track to win the Richmond by-election, says first poll of the campaign

    October 28, 2016

    The Richmond by-election looks like it's swinging in Zac Goldsmith's favour at the moment. According to a new BMG poll for the Evening Standard, support for the former Richmond Park MP is holding strong after Goldsmith resigned over the government's decision to give Heathrow expansion the go-ahead.  He currently has 56 per cent of the vote, [...]

  • London security: Six things Sadiq Khan is considering to tackle terrorism in the capital

    October 28, 2016

    London mayor Sadiq Khan is considering a range of new ways in which to tackle potential terror attacks in the capital, after the publication of a new report on the city's preparedness to deal with threats. The report comes a week after a potential attack was thwarted when a suspicious package was found on a Tube train [...]

  • All of London’s black cabs will take contactless payments from Halloween

    October 28, 2016

    Are we about to witness the death of cash? That may be slightly premature, but London's black cabs have announced a big step forward and it means passengers won't be hindered by only having cards on them. Passengers will be able to pay for any journey using solely credit and debit cards, including contactless payments [...]

  • Unicorn-drawn cabs are taking commuters to work from Canary Wharf DLR today

    October 28, 2016

    It's a pretty miserable day today, but Canary Wharf commuters are about to get a blast of magic, thanks to a carriage which will take them to work – and is drawn by a pair of bonafide (kind of) unicorns. The "Unicab" is available to workers around Canary Wharf DLR station this morning, and will fit you and three [...]

  • The Square Mile will lose business and jobs because of Brexit, according to City of London chief Mark Boleat

    October 27, 2016

    City of London policy chief Mark Boleat has warned it is “inevitable” that the Square Mile will lose business as a result of Brexit. Speaking at the City of London dinner tonight (27 October), Boleat warned that New York will likely be the biggest beneficiary of any jobs losses resulting from the UK's departure from [...]

  • Now Tube workers on the Piccadilly line are voting on strikes

    October 27, 2016

    The Rail, Maritime and Transport (RMT) union has been busy. Yesterday it announced it was balloting Southern Rail drivers over the long-running dispute on the role of guards, and 3,500 London Underground staff following a security incident at North Greenwich Tube station. The union said the incident had put safety "back at the top of the agenda". Read [...]

  • Spirit of the financial age – 30 years after the City’s Big Bang

    October 27, 2016

    The Big Bang City revolution of 1986 — exactly thirty years ago — was a game-changer that allowed the City to become not only de-regulated but a brave new world of graduate opportunity. Today, it is very different: with much tightened regulation, tough new ‘ring fencing’ of the old casino banking system (separating investment banking [...]

  • Attention Philip Hammond: CBI wants longer maternity leave and a £6bn investment boost in the Autumn Statement

    October 27, 2016

    As the unveiling of the chancellor's Autumn Statement draws closer, lobby groups are setting out their proposals in the hope Philip Hammond might listen. The CBI has just unveiled its wishlist and it's calling on the chancellor to take on an £11.5bn shopping list of measures, that would fall to around £7bn by 2020/21. Read [...]

  • The Big Bang 30 years on: How the City went from bowler hats and liquid lunches to smartphones and tossed salads

    October 26, 2016

    There’s now a whole generation of City workers – and City A.M. readers – who weren’t even born when the markets were deregulated back in 1986. Standing in Leadenhall Market on a week-day afternoon, they could be forgiven for thinking the City hadn’t changed all that much over the last 30 years. Hundreds of besuited [...]

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