Severe delays on the Central Line and Victoria Line, stations closed, after signal failure at Mile End February 3, 2015 There are severe delays on the Central Line and Victoria Line – but according to Transport for London it's not the fault of the snow. There is no service between Liverpool Street and Epping and Woodford via Hainault because of a signal failure at Mile End. The service was expected to resume at [...]
Met Office warns that London snow could lead to travel chaos – but you’d better prepare for “Beast from the East” February 3, 2015 Londoners woke up to a light covering of snow this morning ahead of the so-called "Beast from the East” which is expected to reach the UK later today. The cold air flow is forecast to bring temperatures as low as -15* to the British Isles, with London included in the Met Office's yellow warning [...]
Greece-Eurozone standoff presents “greatest risk to economy” George Osborne warns as Yanis Varoufakis visits London February 2, 2015 The standoff between Greece and the Eurozone presents the greatest risk to the global economy, chancellor George Osborne has said. Osborne, who met Greek finance minister Yanis Varoufakis in London today, said both sides needed to consider how they worked in future, or risk derailing growth, both globally and specifically within the UK. Varoufakis [...]
Roof of London bus ripped off in Holborn, eyewitnesses say it hit a tree February 2, 2015 Two people have been taken to hospital and five treated at the scene after the roof of a bus was ripped off in Holborn, central London. Eyewitness reports suggest the bus, a number 91, was damaged when it hit a tree. The accident appears to have taken place on Kingsway, by the corner of Sardinia [...]
Quindell insists Slater & Gordon talks still on as share price tanks 20 per cent February 2, 2015 Quindell has moved to reassure investors that talks are still ongoing with legal giant Slater & Gordon after its share price tanked this morning. The troubled insurance claims processor, whose share price had been rallying since the start of the year, saw its share price fall by as much as 20 per cent today. [...]
PMI: UK manufacturing gets off to a good 2015 as costs drop while orders grow February 2, 2015 UK manufacturing has had a good start to the year, with output and new orders both shrugging off the slowdown at the end of last year. Figures out this morning show that the UK's manufacturing PMI rose to 53 in January, up from 52.7 in December, which was itself revised up from 52.5. [...]
BG Group’s share price rises as Egyptian government repays $350m debts February 2, 2015 BG Group's share price jumped this morning on the back of news that the Egyptian government was repaying outstanding debts of $350m (£233m). The payment is part of a scheme to clear debt owed by the Egyptian energy sector, where the British oil and gas company is heavily focused. Today's payment reduces the [...]
National Sickie Day: Colleagues thin on the ground? Perhaps they’re at a job interview February 2, 2015 Is your office looking a little quiet? Colleagues thin on the ground? It could be because today is National Sickie Day, the day recruiters and employment experts say has the highest absenteeism of the whole year. In total around 350,000 people are expected to call in sick today. Often it's because people are [...]
Mike Ashley could face parliamentary investigation over USC February 2, 2015 Mike Ashley could face a grilling by Scottish MPs over the administration of USC, with politicians pressing to launch a full parliamentary investigation into his activities. The Scottish Affairs Committee is launching an inquiry into the fast fashion chain, with MPs last week branding the redundancies of more than 200 “despicable” and “appalling”. [...]
Former IMF chief Dominique Strauss-Kahn trial over pimping charges begins today February 2, 2015 The trial against former IMF chief Dominique Strauss-Kahn for charges relating to pimping begins in France today. Strauss-Kahn, who was once considered a contender for French president, is accused of aggravated pimping and involvement in a prostitution ring that was run from a luxury hotel in Lille. The economist, known as DSK, has [...]
