Square Mile to get electric charging hub by end of year as part of Sadiq Khan’s EV push June 17, 2019 The Square Mile is to get a new electric charging hub by the end of this year as part of Sadiq Khan’s push to expand London’s electric vehicle infrastructure. The London mayor has today set out plans to deliver five flagship charging points over the next few years, with the first one installed in the [...]
Airbus wins orders over Boeing at Paris air show June 17, 2019 Airbus has picked up a number of orders at the Paris air show, capitalising on the troubles suffered by Boeing over its 737 jets. Airbus has won a $4.1bn (£3.2bn) order from Virgin Atlantic for 14 of its A330-900neo models, with an additional six as options, which it claims are the cleanest and greenest fleet [...]
Group behind Canary Wharf launches bid for transport giant Arriva June 16, 2019 Brookfield Asset Management, the investment vehicle behind Canary Wharf, has launched a bid for transport giant Arriva. It is understood that the German rail giant is seeking between £4bn-£4.5bn for Arriva, which was put up for sale by owner Deutsche Bahn in March in a bid to reduce its €20bn debt pile. Read more: Arriva [...]
Rory Stewart makes ‘offer’ to work with Nigel Farage to deliver Brexit June 16, 2019 Tory leadership hopeful Rory Stewart has said he would work with Nigel Farage’s Brexit party to ensure that Britain’s withdrawal from the EU is delivered. The international development secretary, who is one of five candidates jostling to replace Theresa May as leader, told Farage that parliament “has to find a route” to deliver Brexit. “Which [...]
Jeremy Hunt says he would be prepared to delay Brexit past October June 16, 2019 Foreign secretary Jeremy Hunt has said he would be prepared to delay Brexit, saying he would not commit to “a 31 October hard stop at any costs”. The Tory leadership hopeful also could not promise that Brexit would be delivered by the end of this year. Read more: Liam Fox backs foreign secretary Jeremy Hunt [...]
Boris Johnson shirks Channel 4 TV debate but is ‘more than happy’ to appear on BBC version June 14, 2019 Boris Johnson has said he will not attend Channel 4’s TV debate on Sunday, despite pressure from other candidates in the race to replace Theresa May as Prime Minister. The former foreign secretary has, however, confirmed that he will take part in the BBC’s debate on Tuesday night. Read more: You’re hired: Lord Sugar backs [...]
Julian Assange extradition hearing set for February 2020 June 14, 2019 A full hearing to decide whether Wikileaks co-founder Julian Assange should be extradited to the US on spying charges had been set for February next year, a London court has ruled. Australian-born Assange faces 18 counts in the US, including conspiring to hack government computers and violating espionage law. He denies the charges. Read more: [...]
Change UK co-founder Chuka Umunna joins the Lib Dems June 14, 2019 Former Labour MP Chuka Ummuna has joined the Liberal Democrats just months after helping set up the troubled Independent Group for Change. The MP for Streatham, who left Change UK recently, was one of a number of politicians who left Labour and the Tories in February in protest at the two main parties’ handling of [...]
MPs brand watchdog’s RBS GRG report a ‘complete whitewash’ June 13, 2019 Furious MPs tore into the City watchdog today, branding its final report into RBS’ disgraced turnaround unit GRG a “complete whitewash”. The Financial Conduct Authority (FCA) had already come under fire for the amount of time it took to publish the report, in which it outlined the reasons for its lack of action against senior bankers within [...]
Scottish government puts Glasgow Prestwick Airport up for sale June 13, 2019 The Scottish government has put the publicly owned Glasgow Prestwick Airport up for sale, just six years after taking ownership of it. The government took control over the airport to stave of the threat of closure as the airport battled poor results. The government bought it for just £1 in 2013. Cabinet secretary for transport, [...]