Sainsbury’s creates 900 new jobs at fulfilment centre in London July 21, 2016 Sainsbury’s announced this morning that it is creating 900 jobs at its new online fulfilment centre in Bromley-by- Bow in east London. The 185,000 sq ft centre, due to open this autumn, was built as part of the retailer’s strategy to cater for growing demand in the capital for its online groceries service. At the moment, online orders are picked [...]
The Brexit vote will halve expectations of economic growth for the UK’s largest cities, according to the CEBR July 20, 2016 Some of the UK's largest cities will see economic growth drop by as much as half next year, according to one think tank, although some will be set to recover by 2018. A study of 38 cities by the Centre for Economics and Business Research found that while all would continue to grow, the expectations for [...]
Problems for BT broadband users across the UK: Services restored after usage problems this morning July 20, 2016 BT said this afternoon that it had fixed the broadband problems that affected around 10 per cent of its internet customers this morning. "We’re sorry that some BT and Plusnet customers experienced problems accessing some internet services this morning," the group said. "Around 10 per cent of customers’ internet usage was affected following power issues at [...]
Rail lines reopen at Forest Hill after sinkhole is fixed July 20, 2016 Rail lines have reopened at Forest Hill station in South London, after two days of travel disruption due to a sinkhole under the tracks. Southern Rail said lines were open again but some train services have been "short formed due to stock displacement" – meaning there may be less seats for commuters. The sinkhole opened [...]
City representatives at civil war over how to respond to Brexit vote July 19, 2016 Lobby groups tasked with promoting London's financial services have fallen into a bitter civil war over how the industry should respond to the UK’s decision to leave the European Union. Taking aim at rival organisations, the Chartered Institute for Securities and Investment (CISI) yesterday attacked both the British Bankers’ Association (BBA) and TheCityUK for not “stepping [...]
Sinkhole at Forest Hill disrupting rush hour commute with trains delayed going in and out of London Bridge July 19, 2016 A large sinkhole below a rail track near Forest Hill in south London has led to a number of train delays and cancellations between East Croydon and London Bridge. Southern Rail warned that lines will remain closed until the end of the day, with a reduced service running out of London Bridge, following travel chaos on [...]
Quiz: Who said it? Miliband or Tory? Time to play our new game July 19, 2016 Let's play a game – it’s called Miliband or Tory. We’ll give you a quotation and you have to guess who said it: former Labour leader Ed Miliband or a member of the current Conservative government. Here goes…. [quiz id="33"] Westminster commentators have noticed the stark similarity in rhetoric between Miliband and the new Tory [...]
Scorching heatwave to hit the UK this week with highs of 33 degrees July 18, 2016 London is going to roast in temperatures of 29 degrees today, making it the hottest day of the year so far. Tomorrow will heat up even more, with temperatures expected to peak at 32 degrees. Over the weekend, the capital enjoyed some much-needed heat as the mercury rose to 25, according to the Met Office – although [...]
City is “still slightly stunned” by “really bad news” of Brexit, says chief exec July 18, 2016 Brexit is “just really bad news”, the chief executive of Old Mutual Global Investors (OMGI) has said. Richard Buxton also denied there was any “doom-mongering” in the run-up to the vote – “because it is absolutely going to be horrible”. Read more: Old Mutual becomes the next company to wave away Brexit Defending Bank of [...]
Now more than ever, Britain must showcase what it has to offer – and remember its strong partnerships across the world July 18, 2016 They say that a week is a long time in politics. For the last seven days everyone across the globe has been captured by the news of a new Prime Minister and new government. It has certainly been a hot topic of conversation here in the Far East where I am on my latest business [...]