City A.M. Unregulated podcast: Leadership in a warzone – What one man learned from building an orchestra in Iraq September 7, 2016 Conductor Paul MacAlindin was in a cafe in rain-soaked Scotland when he read an Iraqi girl was looking for someone to put together a national youth orchestra. Eight years later MacAlindin explains the lessons he learned about leadership from the experience – from the challenge of finding instruments that stayed in tune to the difficulties [...]
House price growth slowdown is happening faster than analysts expected September 7, 2016 House prices in the three months to August this year were 6.9 per cent higher than in the same three months of last year – the slowest rate of growth for almost three years. The annual rate of growth slowed from 8.4 per cent in July, continuing the downward trend since March when the annual rate reached [...]
Sports Direct AGM: Retailer issues earnings warning as it asks chair Keith Hellawell to stay on board despite offering to step down September 7, 2016 Sports Direct has issued a number of updates to the market this morning – including a warning of a dip in earnings and profit this year – ahead of its AGM, due to start at 11am. The retailer said it expects underlying profits for the full year to come in £120m lower than previously expected, while earnings [...]
Hargreaves Lansdown chief prepares to depart as firm reports Brexit boost September 7, 2016 Market volatility driven by the EU referendum helped boost trading volume for Hargreaves Lansdown during the year to 30 June, the broker said today as it unveiled a bumper set of results. Separately, the company announced this morning that chief executive Ian Gorham will step down no later than 30 September next year. Chief financial officer [...]
Flights resume at London City Airport after Black Lives Matter protest on runway September 6, 2016 Flights from London City Airport have resumed this afternoon, following a morning of delays and cancellations as Black Lives Matter protesters shut down the runway. Metropolitan Police arrested nine protesters, who made their way onto the runway at around 5.40am and locked themselves together. The protesters were from the Black Lives Matter UK group, which [...]
Keith Vaz resigns as head of the home affairs select committee over male escorts and drug-taking allegations September 6, 2016 Keith Vaz has resigned as head of the home affairs select committee over allegations he paid for male escorts. The Labour MP had led the committee since 2007 and the group investigates areas such as crime, policing, drugs, immigration and extremism. According to a report in the Sunday Mirror last weekend, the 59-year-old MP for Leicester [...]
Flight delays at London City Airport due to Black Lives Matter protests September 6, 2016 The London City Airport runway has reopened, after police arrested nine Black Lives Matter protesters who disrupted flights this morning. The Metropolitan Police were called to the central London airport at around 5.40am today, to reports of protesters airside. Police said there were nine protesters on the runway at the airport who had erected a tripod and locked [...]
Sports Direct issues new tannoy policy as it releases report into shortcomings in working practices September 6, 2016 Sports Direct has issued a new set of guidelines for employees using the tannoy system at its warehouse in Shirebrook – and told workers it should never be used for rebukes or criticisms. The retailer has previously come under fire for a number of its alleged working practices at the north of England warehouse, and one [...]
Sports Direct share price rockets as it admits to serious shortcomings at Shirebrook warehouse and offers guaranteed hours to staff September 6, 2016 Sports Direct has admitted to serious shortcomings in the working practices at its Shirebrook warehouse, and plans to make changes to the way its workers are treated, the company said in a report released today. Shares in the company were up 5.5 per cent in this morning's trading. The retailer said it will offer casual retail staff guaranteed [...]
Mayor of London Sadiq Khan announces new bus ‘Hopper’ ticket will launch next Monday 12 September September 5, 2016 London commuters will get more bang for their bus tickets from next Monday onwards, when the new 'hopper' bus fare system is launched. From Monday 12 September, passengers will be able to change onto another bus or tram for free within one hour of touching in at the start of their journey. It will be automatically given [...]
