London Bridge disruption causes commuter misery for second day in a row, as emergency incident blocks South West Trains line February 9, 2016 Commuters were facing more travel chaos this morning as Overground trains into London Bridge were disrupted yet again. Disruption to mainline trains into the terminus, as well as Charing Cross and Waterloo East, was apparently being caused by Storm Imogen, which yesterday caused the roof to blow off, affecting train operators including Southeastern, Southern and Thameslink. [...]
London house prices: Single Chinese investor buys entire £15m Waterloo scheme February 9, 2016 Proof, if proof were needed, that London is still hugely attractive for overseas investors – but increasingly unaffordable to the people who actually live in the capital: a single Chinese investor has bought out an entire development in Waterloo for £15m. Dover House, which recently completed construction, is made up of nine luxury apartments and retail space. [...]
Bavaria train crash: Several killed and up to 100 injured after head-on collision in Germany February 9, 2016 Update: At least eight people have died and up to 100 injured after two trains crashed into each other this morning in southern Germany. "We have eight dead on the trains," police spokesman Juergen Thalmeier told local media. A further 100 people had been injured, 55 of them seriously, he added. The crash, which took place near Bad [...]
The Co-operative steals supermarket crown as strongest non-discounter, according to Kantar figures – as grocery sector boosted by New Year healthkicks February 9, 2016 The UK's struggling grocery sector has been given a shot in the arm from shoppers on a health kick, with sales up 0.2 per cent as consumers seek out fresh foods. The Co-operative was the fastest growing supermarket, outside of the discounters, in the 12 weeks to 31 January – the first time it can claim [...]
FTSE, Cac and Dax fall further as yesterday’s sell off continues, following declines in Japan, US markets February 9, 2016 An all-too-brief rally on Europe's main markets was wiped out this morning as the FTSE, Cac and Dax continued yesterday's declines. The FTSE 100 opened up 0.3 per cent this morning, having closed 2.7 per cent down yesterday. But falling stocks including Antofogasta and Anglo American dragged it down 0.3 per cent shortly afterwards. The Cac, which closed [...]
Hunter hires Arc’teryx boss Vincent Wauters as new chief executive months after James Seuss leaves February 9, 2016 Fancy wellies brand Hunter has appointed a new chief executive, months after the previous incumbent stepped down. Vincent Wauters will join the business on 1 March, taking on the reins from James Seuss, who left the business back in November. Wauters joins from Arc’teryx, where he was president of the premium outdoor and lifestyle brand, [...]
Supermarkets Co-op and Asda forced to recall camembert after listeria fears February 9, 2016 Two of the UK's biggest supermarkets have been forced to issue a recall notice, over fears a brand of cheese could have listeria monocytogenes present – which can harm pregnant women and their unborn babies. The Co-operative has warned shoppers to return any of its own brand Truly Irresistible Camembert "as a precautionary measure", the [...]
HSBC decision on the bank’s relocation looms – but redomiciling can have huge long-term consequences that could undermine the move February 8, 2016 As HSBC prepares to make a decision this week on whether to switch hemispheres, it’s worth reflecting on some of the reasons why 70 per cent of major organisational changes fail to achieve their stated aims. This relocation debate has been contested on a handful of very observable issues, including regulation, tax and politics, without caring to go into [...]
Super Bowl 50: From Budweiser and Skittles to Heinz – how our brains will have responded to the SB50 adverts February 8, 2016 Super Bowl 50 is as much about the ads as the game, amid reports of brands paying up to $5m (£3.4m) for a 30 second slot. With Denver Broncos scoring a decisive 24-10 victory against Carolina Panthers, advertisers will be hoping that their work also triumphed. So which of these Super Bowl ads were the winners or [...]
As east London’s population explodes, we must build more tunnels and bridges to connect north and south communities across the Thames February 8, 2016 London’s population is booming and nowhere more so than in east London, which is expected to see its population increase by 600,000 in the next 15 years. It is a region ripe with opportunity – hundreds of thousands of new homes and jobs can be created in the area. But with just three road crossings [...]