MP warns of “Machiavellian plot” as FCA scraps banking probe December 31, 2015 City watchdog the Financial Conduct Authority is scrapping its major review of the culture, pay and behaviour of those working in the banking industry. The probe was originally intended as a wide-reaching look at practices across the board. However, following an initial stage review, the FCA is now looking at individual firms, which it says it [...]
John Lewis sets the bar for Christmas trading with healthy 2.3 per cent growth in festive week December 31, 2015 The high street can breathe a sigh of relief if bellwether John Lewis is anything to go by: sales at the department store during Christmas week were up a healthy 2.3 per cent on 2014. The retailer, which last year celebrated its 150th anniversary, posted sales of £129.2m in the week to 26 December. The shopping [...]
Government finally responds to petition calling for Donald Trump to be banned from entering the UK December 31, 2015 The government has finally responded to the growing number of people who signed a petition calling for Donald Trump to be banned from the UK, acknowledging the "strength of feeling" the Presidential hopeful has caused. More than 560,000 people have signed the petition asking for Trump, who is currently vying for the Republican candidacy ahead of [...]
New Year’s Eve London fireworks: Met to deploy huge numbers of armed police amid heightened security fears December 31, 2015 London's streets will see a "heightened police presence" tonight during New Year's Eve celebrations, including what is thought to be a huge number of armed officers. Some 3,000 Met officers will be on duty in central London as hundreds of thousands of the city's residents and tourists make their way to the river to watch the annual [...]
Sports Direct to pay staff above minimum wage from 2016 December 31, 2015 Sports Direct has said it will pay its staff above the minimum wage from 1 January 2016, as the retailer looks to shrug off criticisms of its working conditions. The minimum threshold will apply for both directly employed casual staff and its UK employees. It estimates that this and associated costs will cost the business [...]
New Year’s Eve 2015/16 tickets for London fireworks on sale from midday – here’s where to buy them December 30, 2015 If you're feeling uncomfortable about the fact retailers have already started promoting Christmas (including putting out advent calendars…), look away now. Tickets for New Year's Eve fireworks in the centre of London are going on sale at midday today (2 October). And you might want to get your skates on because the 100,000 available [...]
Here’s how much you’re going to eat, drink, watch and unwrap on Christmas Day December 24, 2015 Wizzard might wish it could be Christmas everyday, but it's probably just as well, because you'd end up an obese, bankrupt shell of your former self within… let's say a couple of weeks. That's not us being Scrooge-like, but looking at the evidence it's clear any more than one Christmas Day a year would put [...]
Police investigation launch as dead body found on tracks by East Croydon train station December 24, 2015 Police have launched an investigation after a dead body was found on the tracks near to East Croydon train station this morning. The British Transport Police were called at 9:11am on Christmas Eve, and are still on the scene, a spokesman told City AM. The investigation is still at the "early stages" he added, and it [...]
“Massive Monday” to see record jobs rush on 4 January December 24, 2015 Planning on kick-starting the new year by looking for a new job? You're not alone. In fact so many people are expected to start applying for a new position on 4 January that it's being dubbed "Massive Monday" by the recruitment industry. The equivalent day this year saw 11,500 new jobs added to Reed.co.uk's site [...]
Christmas traditions return: Boxing Day is going to outperform Black Friday to be the biggest shopping day of the year December 24, 2015 Christmas is a time for traditions, and Boxing Day is expected to return to its position as the UK's biggest shopping day. All those predictions that Black Friday would be the busiest shopping day of 2015 have fallen wide of the mark: experts are now saying Boxing Day will smash records this year. Sales are expected to [...]