Boris Johnson’s mini-Manhattan in Old Oak Common: Why we must speak up for local housing needs February 11, 2015 London’s population is at an all-time high. By 2020, we will have over 9m people living in our city; 10m by 2030. So it is essential that we plan for the growing needs of the capital. London needs a transport system fit for the 21st century. We need a thriving jobs market built on secure, [...]
Greece Eurogroup meeting: Finance Minister Yanis Varoufakis lists four key principles for renegotiation February 11, 2015 Today, Greece's finance minister met with leaders from the Eurozone's other member states to discuss a renegotiation of its bailout package. Yanis Varoufakis is part of the radical left party Syriza, which won a parliamentary vote on 25 January on the back of its promise to bring the country out of austerity. It [...]
PMQs descends into mud-slinging match as Cameron and Miliband attempt to distance themselves from HSBC tax taint February 11, 2015 HSBC dominated Prime Minister's Questions today as David Cameron and Ed Miliband traded insults over which party had closest ties to those clients on the list of alleged tax evaders. The two took turns to sling mud at each other over the matter, with the Labour leader describing his counterpart as a "dodgy Prime [...]
Obama phones Putin, warns him to negotiate ahead of Minsk summit February 11, 2015 US President Barack Obama has upped the rhetoric over Ukraine, using a phone call to tell Vladimir Putin to negotiate a peaceful settlement this week. The phone call came after Obama confirmed he had asked officials to look into supplying the Ukrainian government with weapons to fight the Russian-backed separatists in Ukraine. Putin is meeting [...]
New Look IPO: We’re dressed up and ready for a float, says chief exec February 10, 2015 New Look is ready to consider another attempt at an initial public offering (IPO), the fashion retailer’s chief executive said yesterday, as it blamed the warm weather for a fall in third quarter sales. Anders Kristiansen has consistently brushed off rumours that the retailer is planning a return to the market. New Look pulled a [...]
Conservative silent auction: Who will be shoe shopping with Theresa May? February 10, 2015 The annual Conservative Party black and white fundraising ball was on Monday night at the Grosvenor House Hotel in Mayfair. The highlight of the evening was an auction, with various exclusive lots up for grabs. Lots this year included budgets signed by George Osborne, and doing an Iron Man (not quiet man) Endeavour with [...]
Martin Wheatley says FCA was not informed of HSBC tax allegations February 10, 2015 The Financial Conduct Authority (FCA) did not know about the HSBC tax allegations until media reports released details on Sunday, according to the watchdog's chief executive. Earlier today, Martin Wheatley told the Commons Treasury Select Committee that no formal information regarding claims of tax evasion was passed on to the body. "I am [...]
General Election 2015: David Cameron plans new “help to grow” scheme to create British Mittelstand February 10, 2015 David Cameron has pledged billions of pounds in new funding to help small and medium-sized businesses grow. The Prime Minister promised £1bn as part of a new “help to grow”scheme to create a British version of Germany’s Mittelstand- a backbone of medium-sized firms across the country. Speaking to business leaders at the British Chambers of [...]
London mayor Boris Johnson’s trade mission helped by $40m investment in life sciences and technology companies February 10, 2015 Boris Johnson's most recent trade mission was helped by news of a $40m (£26m) investment from two US companies yesterday, boosting the capital's reputation for cultivating life science and technology industries. The London mayor is currently on a US trade mission in a bid to attract investments for British businesses. Heavy snowfall means he's currently [...]
Hotel cancels Rangers’ shareholder meeting over Mike Ashley’s involvement following concerns about “significant disruption” February 10, 2015 The hotel that was to host the upcoming general meeting for Rangers shareholders has pulled out over fears it would result in “significant disruption” to other guests and neighbours. The meeting is expected to be something of a showdown between the club's shareholders and Mike Ashley, who recently lent Rangers more than £10m to [...]