Johnston Press in talks over buying the i newspaper from Evening Standard owner Alexander Lebedev February 11, 2016 ESI Media has confirmed it is in advanced talks with Johnson Press to buy the Independent's spin-off newspaper I. A figure of £24m has been put on the paper, which was launched in October 2010 with a cover price of 20p, though that has not been confirmed. The Independent – which Alexander Lebedev and his family bought for £1 [...]
Google UK boss Matt Brittin calls for international tax laws to be rewritten ahead of his Public Accounts Committee appearance February 11, 2016 The head of Google UK has called for "simpler, clearer" rules governing the international tax system – but insisted the business did not cut a "sweet-heart deal" with HMRC. Matt Brittin – who will today be grilled by MPs in the Public Accounts Committee – agreed reform was necessary "because it is important not only to [...]
Black Cab protest is already snarling up roads in central London including Whitehall as drivers demonstrate over TfL and private hire vehicles including Uber February 10, 2016 If you're planning on travelling through central London this afternoon, you might want to avoid roads – Black Cab drivers went out on protest earlier today and it's taking a while to clear. The protest was due to start at 2:30pm, but pictures and videos on social media showed that many cabbies had convened on [...]
London house prices: How the capital would look if every skyscraper were approved February 10, 2016 We all know that London is fit to burst when it comes to property, and when it comes to the centre of the capital, the only way is up. There are around 250 skyscrapers either in progress or seeking planning permission, prompting a (never-ending) debate about whether this will just ruin the capital's skyline while [...]
London’s Science Museum evacuated over fire alarm February 10, 2016 London's Science Museum was forced to evacuate hundreds of tourists this morning over a possible fire. The London Fire Brigade was called to the scene at around 11:20am, after a fire alarm went off. Three fire crews were sent to the popular South Kensington premises to investigate. We have evacuated the Museum as a precaution and [...]
The future of the SFO is in David Green’s hands – he must encourage firms to self-report if it’s to survive February 10, 2016 The reappointment of David Green as director of the SFO has been a long time coming, and the ending of the uncertainty around the SFO’s leadership is going to be welcomed both inside and outside the organisation. The SFO has certainly restored its reputation as a proper prosecutor after four years under Green’s leadership. But perhaps it is [...]
Why Barking and Dagenham’s tunnel vision could boost property and jobs in east London February 10, 2016 Barking and Dagenham is London’s growth opportunity. We have enough land in this east London borough to deliver more than 35,000 new homes and 10,000 new jobs over the next 15-20 years, yet we are hampered by a poor transport infrastructure which is not only frustrating us but crippling London as a whole. One of our key issues, getting [...]
Three Lions and a Dog: Otherwise known as three great British companies you can’t buy and one (GSK) you don’t want to February 10, 2016 As England gears up for Euro 2016, four British companies stand out in the investment field: three lions and a dog. Unlike the lions on the football team’s shirts, these firms are global sector leaders with excellent and defendable competitive positions, good growth prospects and a high intrinsic value. Sadly, they cannot be bought on the stock market. [...]
Dumping bank stocks is “not justified”, says Credit Suisse boss Tidjane Thiam February 10, 2016 Credit Suisse chief executive Tidjane Thiam reassure investors that banking stocks are safe, claiming the current sell-off is "not justified" in the current climate. Global bank share prices have tumbled in recent weeks, with the likes of Deutsche Bank, Unicredit and Credit Suisse all suffering hugely. UK-listed banks such as Standard Chartered have also sustained a hit [...]
London house prices: The capital’s renters are £300 a year poorer this year than last (and the south east is increasing fastest) February 10, 2016 London's renters are £300 a year worse off this year than last – and those living in the south east of the capital are faced with the highest price rises – a new report has claimed. The monthly cost of a room in London has risen 3.5 per cent in the last 12 months to £743, according [...]
