Eurozone GDP misses expectations November 13, 2015 Eurozone GDP nudged up 0.3 per cent in the third quarter, missing expectations and marking a slight slowdown in growth from the previous three months. The bloc had expected to report growth of 0.4 per cent, which would have kept it flat with the second quarter. The figures show that the Eurozone is growing slower [...]
Travel disruption to Southern, Southeastern and Thameslink trains as trespasser between Herne Hill and Denmark Hill halts services November 13, 2015 Southeastern, Southern and Thameslink commuters were being warned to expect disruption to their commute until at least 9am today after a trespasser caused some lines to come to a standstill in south-east London. The person was thought to have been on the track near Denmark Hill and Herne Hill around 8am this morning, affecting services [...]
Government agrees record £13bn sale of former Northern Rock mortgages as George Osborne says taxpayers will actually make a profit out of the bailout November 13, 2015 The government has agreed a major deal to sell off £13bn-worth of mortgages, acquired during the financial crisis as Northern Rock crumbled. The mortgages are being sold by UK Asset Resolution (UKAR) to Cerberus, in what is the largest ever financial asset sale by a government in Europe. There will be no changes to the terms and conditions [...]
Liz Murdoch joins Jimmy Choo board November 13, 2015 Elisabeth Murdoch, former chief executive of production giant Shine Group and daughter of media tycoon Rupert, is joining the board of luxury footwear firm Jimmy Choo. Murdoch, who stepped down from the helm of the firm she founded a few years after it was bought out by her father, starts as non-executive director today. Shine Group [...]
Christmas adverts 2015: Sainsbury’s is feline festive with Mog the Cat campaign and charity tie up with Save the Children and HarperCollins November 12, 2015 If John Lewis' Christmas ad didn't do it for you, perhaps Sainsbury's will be more your cup of tea. The supermarket, which last year came out of nowhere with its tear-jerker themed around the First World War, could be about to convincingly steal John Lewis' crown. Because Sainsbury's has gone all-out for 2015, securing beloved [...]
Christmas adverts 2015 – Sainsbury’s Mog the Cat reviewed: When it comes to John Lewis vs Sainsbury’s, this year it’s no contest November 12, 2015 Last year Sainsbury's surprised everyone by becoming a contender to steal the crown from John Lewis for best Christmas ad. This year, there is no contest. The 3:30-animation of Mog the Cat doing what only the Judith Kerr creation can (causing mayhem, naturally – or in this case, a Christmas calamity), bests its department store [...]
Uber protest outside app’s London HQ – but this time it’s the company’s own drivers demonstrating against commission hike November 12, 2015 Another day, another protest against taxi app Uber. But this time it's the company's own drivers taking a stand. Uber drivers are becoming increasingly unhappy with the terms the company offers, in particular its decision to increase the commission new drivers must return to the company from 20 per cent to 25 per cent. They [...]
Black Friday 2015: Hoping to avoid Black Eye Friday? The key is preparation, preparation, preparation November 12, 2015 It is universally accepted that the scale of Black Friday last year was a surprise. It was the Eric Morecambe of retail outcomes – all the orders came in just not necessarily in the right order. As ever, you saw some retailers react better than others and companies’ intuitive values took over. What comes first? [...]
Lord Mayor’s Show 2015 parade: How the City of London has been preparing for the 800th special on 14 November November 12, 2015 Anticipation is building ahead of the Lord Mayor's Show this Saturday – the 800th time the procession has taken place. The City of London Corporation has been hard at work getting everything ready, including running a "secret" dawn rehearsal that traces the route the new Lord Mayor Jeffrey Mountevans will take on 14 November, when he [...]
London Fire Brigade sends almost 60 firefighters, eight engines to tackle Old Street blaze November 12, 2015 Update: Firefighters have brought a huge blaze, which broke out in City of London's Old Street, under control. London Fire Brigade originally dispatched 35 firefighters and six fire engines to attend the incident. It then increased that to eight fire engines and 60 firefighters. LFB was called out at 8:44am this morning, and received 26 calls in total. [...]