Why Network Rail’s £2m fine won’t improve London Bridge commuters’ train travel or reduce delays and disruption August 11, 2015 Yesterday the Office of Rail and Road published the results of its investigation to the major disruption at London Bridge in January of this year. In a damning report, it found Network Rail breached the terms of its licence and issued it with a fine of £2m. A positive move by a tough [...]
London mayoral elections: Tackling air quality is a priority, but we must go beyond the nanny-state approach in addressing pollution August 11, 2015 At their hustings last week the six Labour mayoral hopefuls called on Londoners to change their behaviour to tackle the scourge of air pollution. Dame Tessa Jowell wanted Londoners to give up driving in in their cars. She would pedestrianise the centre of London and only allow electric vehicles to come into London. David [...]
Farming unions and Farmers for Action to meet Morrisons as supermarket price wars drive down milk prices August 11, 2015 Dairy farmer groups are meeting with Morrisons bosses today as the two groups attempt to solve the ongoing dispute over milk prices. The meeting – which a Morrisons spokeswoman played down as “a cup of tea and a chat between a couple of people” – comes on the back of a week-long demonstration by [...]
New Look to launch menswear-only stores August 11, 2015 Fast fashion retailer New Look is to launch its own standalone menswear stores in the UK, with the first five branches expected to be open by the end of the current financial year. The retailer, which is in the middle of a turnaround under chief executive Anders Kristiansen, has been dipping its toe in [...]
Unexploded Second World War bomb found in Bethnal Green, east London; police evacuating businesses, homes August 11, 2015 Police have put a 100 metre hazard zone in place around the site of an unexploded bomb found in Bethnal Green earlier today. The device was unearthed by contractors working on a building site in Temple Street at around 12:45pm today. Police were called in and businesses and local residents have been evacuated “as [...]
Is Amazon Fresh about to land on our doorsteps: Amazon signs 10-year lease for former Tesco warehouse August 10, 2015 Amazon has signed a 10-year lease on a warehouse formerly used by Tesco fuelling speculation that it is about to launch its grocery operation Fresh in the UK. Amazon will take on Logicor's 304,751 sq ft warehouse in Weybridge, Surrey, which have been lying empty since Tesco vacated the premises at the end of [...]
Twitter’s share price jumps as co-founder Jack Dorsey buys $875,000-worth of Twitter shares August 10, 2015 Twitter's share price has leaped this afternoon as it emerged that co-founder Jack Dorsey acquired nearly 32,000 shares in the social media giant last week. On Friday Dorsey, who is interim chief executive and chairman, bought 31,627 shares in the company he set up, according to SEC filings. Director Peter Currie also bought several [...]
Prudential promotes finance boss Penny James to chief risk role August 10, 2015 Prudential is promoting finance director Penny James to the role of group chief risk officer James, who will also receive a seat on the board, takes the new role on from 1 September. She replaces interim John Foley who had stepped up to the role following the departure of Pierre-Olivier Bouée earlier this summer [...]
Carillion bags £4.1bn government contract August 10, 2015 Carillion has won a new government outsourcing contract that could be worth up to £4.1bn. The FTSE100-listed business has been selected as part of a new “facilities management services agreement”, which will run until 2019. The new agreement replaces the current framework for facilities management contracts and relates to central government departments, executive agencies and [...]
From TfL Tube strike and Tom Hayes’ Libor conviction to Quindell and Fantasy Football: Here’s what got us talking this week August 7, 2015 There were singing farmers. There was a decapitated bus. And suddenly, in North Korea, there was a new time zone. Here's what got us talking this week 1) London was (over) grounded The second strike in two months brought London's Tube network to a halt, and while that meant we all had to [...]
