“Hazard zone” deployed around Leadenhall Market after explosion May 10, 2016 Leadenhall Market has been closed after an explosion, thought to be caused by an electrical fault, occurred this morning. A 20-metre hazard zone has been put in place around the City hub and it is not clear when the area will be reopened. We're dealing with a manhole cover fire at Leadenhall Market. We've put a [...]
Mythic London Stone is going on show at Museum of London as current home on Cannon Street is demolished May 10, 2016 You've probably walked past it a thousand times without a passing glance, but an unassuming piece of limestone with a mythical back-story is to go on show at the Museum of London this week. Cannon Street's London Stone (not The London Stone) is the surviving portion of a much larger piece, and is thought to [...]
Save BHS campaigners light up London landmarks as retailer administration rumbles on May 10, 2016 Campaigners trying to rescue iconic high street retailer BHS turned some of London's landmarks red, white and blue last night, with a city-wide campaign to find a saviour for the chain. Marble Arch, Wellington Arch, Blackfriars Bridge and BHS' Marylebone head office were among the buildings lit up by campaigners with the message #SaveBHS last night. "Come on Britain," [...]
Channel 4 posts record revenues as investment in original content climbs May 10, 2016 Channel 4 has pushed revenues to record levels, as the public service broadcaster grows market share. Revenues climbed 4.4 per cent to £979m over last year – a £26m surplus – on the back of a record £455m investment in original content. In total Channel 4 ploughed £629m on content. Channel 4’s current target is to generate [...]
One killed, others seriously injured after knifeman attacks rail passengers in Grafing, Munich May 10, 2016 One person has been killed and several others seriously injured after a man attacked passengers at a train station in Grafing, near Munich, local media is reporting. The knifeman is said to have wounded a number of people, at least three of whom are said to have been left with life-threatening injuries. One man has reportedly died from [...]
EasyJet shrugs off terrorist attacks to post flat revenues – but foreign exchange forces a swing to half-year loss May 10, 2016 EasyJet has increased its dividend despite admitting there has been a declines in demand after terrorist attacks in Sharm el-Sheikh, Paris and Brussels, as the strong pound hit the budget airline's bottom line. The figures Revenues in the first half to 31 March rose 0.3 per cent to £1.77bn, although revenue per seat decreased by 4.2 per cent [...]
Now that he is mayor, Sadiq Khan must ignore the Nimbys and look to the Greenbelt to solve our housing crisis May 9, 2016 London needs to build more homes, but from reading the press coverage of the mayoral election over the past few months you may have forgotten that. Instead, you could be forgiven for thinking that this election was all about deciding if we wanted a Corbyn-supporting son of a bus driver or a posh boy Etonian [...]
Post Office apologises after major glitch shuts down counter services across the country May 9, 2016 A major technical glitch meant thousands of people were turned away at Post Office branches around the country today. Customers hoping to pay bills, post packages or collect benefits claimed the outage was affecting branches nationwide, with many saying they had tried a number of branches before giving up, but the group insisted it was only [...]
Dip in house price growth “caused by weak consumer confidence”, says Halifax – but others think it could be the Brexit effect May 9, 2016 UK house price growth actually dipped last month, with economists blaming weakening consumer sentiment for a slowing in annual increases. According to the Halifax House Price Index, average house prices fell 0.8 per cent in April to £212.321. This meant the annual change had slowed from 10.1 per cent recorded in the year to March to 9.2 per cent. [...]
This Ivy League economist was pulled off a flight and interrogated because he was working on an equation that looked like “terrorist code” May 9, 2016 An award-winning economist, who has had stints working at Princeton and Stanford's Hoover Institution, was pulled off a plane and interrogated after his scribbled notes were confused as being a terrorist "code". Guido Menzio, a tenured associate professor at the University of Pennsylvania, who has been awarded the prestigious Carlo Alberto Medal for young economists, was interrogated after [...]
