BMW share price falls amid reports that its X3 xDrive model’s emissions exceeded EU limit September 24, 2015 BMW's share price plummeted this morning amid claims that one of its diesel vehicles exceeded the EU's emissions limit. The German car giant's stock fell as much as 7.3 per cent this morning, although staged a slight recovery to a drop of around six per cent at pixel time. The company was hit after reports [...]
HS2 route latest: Government to submit plan for Euston station’s high speed redevelopment next week September 24, 2015 Commuter chaos will relocate from London Bridge to Euston as the government sets out ambitious plans for the North London station's redevelopment as part of High Speed 2. The government will submit plans to introduce HS2 to Euston station, which will include 11 purpose-built platforms and a significant improvements to Euston Tube station, to [...]
How should taxes be spent? Imagine a world where you decide September 24, 2015 Everyone likes to think they have the best ideas for how taxpayers' money should be spent – but what if you actually did get to decide? Academics at Oxford University, Saïd Business School, Harvard Business School and the University of Pittsburgh are proposing Europe's tax authorities try precisely that. They recommend that when individuals carry [...]
Firefighters save window cleaners after being trapped up City skyscraper for hours September 24, 2015 Two window cleaners were trapped outside the 10th floor of a 35-storey City skyscraper for hours yesterday afternoon, before being rescued by London Fire Brigade. The men had been cleaning windows at the Undershaft, or St Helen's – formerly known as the Aviva Tower of the Commercial Union building – next to Leadenhall Market. Three [...]
Mike Brown confirmed as TfL boss September 24, 2015 Mike Brown has been appointed the new boss of Transport for London, picking up the reins from Peter Hendy who has left to head up Network Rail. Brown has been acting in the role on an interim basis since July. He has been managing director of London Underground and Rail since 2010, and takes on [...]
Central Line part closed following security alert at South Woodford September 24, 2015 The Central Line has reopened after a section in the east of London closed during rush hour, following a security alert at South Woodford station. The Tube station was shut and commuters evacuated, with one eyewitness saying it was due to a bomb scare. Another eyewitness said there was a "suspicious package [...]
Standard Chartered gifts Bill Winters £6m golden hello September 24, 2015 Standard Chartered is clearly pinning its hopes on knight in shining armour Bill Winters, gifting its new chief executive more than £6m in shares. The golden hello of just over 899,000 shares is being paid as compensation for "the value of share interests" in Renshaw Bay, the hedge fund he founded after leaving JP Morgan [...]
Volkswagen emissions scandal: Car giant’s share price rises after Martin Winterkorn resigns as class action law suit filed September 24, 2015 Volkswagen's share price opened higher this morning after embattled chief executive Martin Winterkorn resigned yesterday afternoon in the wake of the emissions cheating scandal. Winterkorn, who has been at the helm of the car giant since 2007, said he had been "shocked" by the scandal – but insisted he knew nothing about the "misconduct". “I [...]
ITV knuckles rapped over airing The Enfield Haunting advert during pre-watershed Britain’s Got Talent ad break September 23, 2015 ITV has had its knuckles rapped over the airing of an advert for Sky Living drama The Enfield Haunting during an episode of Britain's Got Talent. The advert for the series, which was based on claims of poltergeist activity in the north London suburb between 1977 and 1979, had been cleared by Clearcast with an [...]
Supermoon total lunar eclipse 28 September 2015: There’s going to be a rare totally eclipsed blood moon on Monday morning in the UK September 23, 2015 Set your alarm and get your coffee pots at the ready, people. There's going to be a total eclipse of a supermoon in the early hours of the morning next Monday (28 September). Budding astronomers are being advised to set their alarms for 2am to catch the celestial phenomenon. The first signs of the earth's [...]