August 2015 TfL Tube strike: As the unions reject the pay deal, here’s how to cheat the strike August 3, 2015 This week London will once again be brought to its knees if the planned Tube strikes go ahead. Commuter routes will be in chaos with platforms tens of people deep and bus stops will have queues so long, anything previously seen at a Greek ATM will pale into insignificance. Millions using the public transport [...]
Greece debt crisis: With today’s stockmarket shocks and manufacturing data, further economic contraction seems inevitable August 3, 2015 Further economic contraction in Greece seems inevitable after today's bad news. Not only have bond yields returned to 2012 levels, Greek stocks plummeted to a three-year low as soon as the market re-opened, with all major banks hit hardest. And then of course there are the manufacturing figures. The three-year Troika austerity programme’s challenges to [...]
It’s not just the TfL Tube strike: First Great Western rail workers to strike over August bank holiday August 3, 2015 Rail workers for First Great Western will hold two strikes over the August bank holiday weekend, as part of a growing row over new trains. All RMT members except fleet maintenance grades have been told not to work for 24 hours from one minute past midnight on Sunday 23rd August and again on from [...]
August 2015 TfL Tube strike called off? Union bosses at RMT to discuss new offer made by transport bosses over Night Tube dispute August 3, 2015 Has the latest Tube strike been averted at the 11th hour? We have all our fingers and toes crossed that it could well be. A new offer has been made to the workers affected by the Night Tube. Bosses at unions including RMT, TSSA and Aslef will meet today to discuss the offer and [...]
RSA share price soars 12 per cent after Zurich confirms takeover talks August 3, 2015 Shares in London-listed RSA Insurance Group soared per cent this morning as Swiss rival Zurich confirmed it was considering a takeover bid. Zurich is reportedly mulling a bid in excess of £5.5bn for the business as new rules come in governing how much money insurers must set aside to protect against potential market shocks. [...]
Government sells further one per cent stake in Lloyds Banking Group August 3, 2015 The government has sold another one per cent of its stake in Lloyds Banking Group as it looks to reduce its holdings in the bailed-out lender. Now just under 14 per cent of the bank is owned by the taxpayer; at its peak in 2009, 40 per cent was publicly-owned. In total £14bn has [...]
From Yanis’ shirt and Tube delays to London housing and RideLondon: Here’s what got us talking this week July 31, 2015 There was an attack on RBS. There was a shirt. And somewhere in Westminster, at least one person was Lording it up (a bit too much). Here is what got us talking this week 1. It's grim down south South of the Thames, that is. The north-south divide is widening, with south London property prices [...]
RBS, NatWest and Ulster Bank online banking system was targeted by a deliberate denial of service attack July 31, 2015 RBS has said its online banking system was brought down by a deliberate denial of service attack directed at the website. RBS, NatWest and Ulster Bank' websites and apps went down for nearly an hour this morning. Hundreds of customers complained that they could not use the banking group's online systems while others said [...]
Stephen Greenhalgh: “Buy to leave” investors are pricing Londoners out of the property market – this is how I’d tackle it July 31, 2015 Often it is the non doms in London who are given a really bad press for inflating the property market. However I believe that it is the "non res" rather than the non dom that London should really worry about. The global non resident super rich see London residential property as a holiday home [...]
JD Sports on course to smash consensus expectations July 31, 2015 JD Sports Fashion's share price jumped more than seven per cent this morning after revealing it expects pre-tax profits to come in 10 per cent ahead of market expectations. The retailer, which announced record annual profits before tax of £100m in April, said it would smash consensus market expectations. Analysts have been tipping [...]
