Are you living in the best place in Britain? Bristol named top by Sunday Times, while Peckham best in London March 19, 2017 Peckham has been named the best place to live in London, going from a "no-go" area to "hipster heaven". The south London area's improvement was credited partly to its abundance of grime DJs, in this year's Sunday Times Best Places to Live list. Other up and coming areas highlighted in the index include Canonbury, Walthamstow – [...]
Goldman Sachs chief executive Lloyd Blankfein’s pay fell to $22m in 2016 March 17, 2017 Lloyd Blankfein's pay was cut by $1m (£808,000) last year, leaving the Goldman Sachs chief executive with a still sizeable $22m salary. The $22m total includes $2m in cash, a $4m cash bonus and $16m in performance-related stock units. Goldman said its compensation committee had decided to reduce pay for its named executive officers by four to six [...]
US makes formal apology to UK about GCHQ claims March 17, 2017 The US has apologised to Britain after White House claims that GCHQ had helped former President Barack Obama spy on Donald Trump, according to reports. Trump's press secretary, Sean Spicer, made the claims at a press conference last night, apparently referring to a report on Fox News. Spicer told reporters that British agents had [...]
Tullow Oil share price dives as it announces £607m rights issue March 17, 2017 Shares in Tullow Oil have dropped 15 per cent this morning, after the company announced a £607m rights issue as it continues to grapple with lower oil prices. Brent crude is hovering around $51.74 today. Tullow has been trying to tackle the problem of cheaper oil for years now – in 2015, the group slashed its capital [...]
Amec Foster Wheeler share price rises as it signs $950m US Air Force contract March 17, 2017 Amec Foster Wheeler announced this morning that it has been awarded a contract to sustain US Air Force installations around the world. Shares were up two per cent at the open. The five-year contract has an aggregate maximum value of $950m (£768m) for the multiple awardees and is estimated to reach completion by 2022. The deal sees [...]
McDonald’s goes rogue with insulting tweet to US President Donald Trump March 16, 2017 The McDonald's corporate comms team apparently went rogue this afternoon, with an insulting tweet directed at US President Donald Trump. A tweet from the @McDonaldsCorp account was sent addressing the President, stating: "@realDonaldTrump You are actually a disgusting excuse of a President and we would love to have @BarackObama back, also you have tiny hands". Terri Hickey, [...]
Delays expected as Euston station evacuated after fire alarms set off – no arrivals or departures March 16, 2017 Euston station has reopened after being evacuated in a false alarm when fire alarms were set off this afternoon. National Rail warned delays were to be expected as services recover. #Euston Lines are now open following a fire alarm sounding within the station. Expect residual delays as services recover. @nationalrailenq — Network Rail (@networkrail) March [...]
Chaos on the Tube ahead of rush hour this evening with severe delays on the Hammersmith & City, District, Circle, Piccadilly and Victoria lines. March 16, 2017 There is severe disruption across London's underground network this afternoon, with severe delays on the Hammersmith & City, District, Circle, Piccadilly and Victoria lines. The Hammersmith & City, District and Circle line services have been affected by an accident at Shepherd's Bush Market station earlier today, in which a man died after being struck by a [...]
Article 50 Brexit Bill has been made law after Queen grants royal assent March 16, 2017 Article 50, which will give Theresa May the power to begin the process of leaving the EU, has been granted royal assent. This means the Queen has formally approved the Brexit bill and has made it law. Following the announcement that Article 50 is now law, sterling fell against the dollar, and is now down [...]
Police in Paris at the scene of explosion at International Monetary Fund (IMF) building March 16, 2017 Police in Paris are at the scene of an explosion at the IMF headquarters. The Paris police department said on Twitter an operation was ongoing at the offices of the IMF and World Bank after a person was hurt following the apparent explosion of a suspect package. "An envelope exploded after it was opened and [...]
