British Land ‘considering’ offloading some assets to US property giant: reports August 13, 2023 Property developer British Land is considering selling a number of its assets to US real estate group Realty Income, reports say. The potential £300m deal would involve selling a portfolio of six London-based data centres and offices, currently leased to Vodafone, and three shopping centres, according to The Sunday Times. Realty first entered the UK [...]
Harry Kane: England captain signs for German champions Bayern Munich August 12, 2023 England captain Harry Kane has completed his move from Tottenham to Bayern Munich. Kane travelled to Germany on Friday night for a medical and the Bundesliga giants confirmed on Saturday he had signed a deal until June 2027 and will wear the number nine shirt. “I’m very happy to be a part of FC Bayern [...]
More strikes: 20,000 train workers to walk out later this month bringing UK to a halt August 11, 2023 Members of the biggest rail workers union are to stage fresh strikes in the long-running dispute over pay, jobs and conditions. The Rail, Maritime and Transport union (RMT) said 20,000 of its members in 14 train operators would walk out on August 26 and September 2. The union said it had been left with “little [...]
Aviva, L&G and Admiral to report next week as long-time insurance boss Sir Nigel Wilson eyes exit August 11, 2023 Investors will need to figure out the impact of new accounting rules next week as three of the country’s biggest insurers report their financial results. It will also be the final set of half-year results for Legal & General boss Sir Nigel Wilson, who is set to depart later in 2023. “Sir Nigel steps down [...]
Tory MP failed to declare £70,000 shares in Shell while environment sec August 11, 2023 A Conservative MP failed to declare that she held shares valued at more than £70,000 in Shell while she was environment secretary. Theresa Villiers admitted her shareholding in the oil and gas company via her latest update to the register of members’ financial interests. Under the section “other shareholdings, valued at more than £70,000”, Ms [...]
Bishopsgate robbery: Two jailed for knife attack in City causing ‘savage injuries’ August 11, 2023 Two men have been jailed for their part in a daytime robbery and knife attack in central London in which members of the public suffered “savage injuries”. Tyrone Dean, 24, and Louis Parkinson, 26, wore masks when they tried to snatch mobile phones and flee on bicycles on October 6 but their plans were thwarted [...]
HS2 status update: Now they’re burying the diggers August 10, 2023 Engineers are being forced to bury diggers at Old Oak Common in case ministers give the go-ahead for project's Euston leg
It’s not an office, it’s an “engagement hub”: Zoom opens new London HQ August 10, 2023 Zoom has asked staff to be in the office more often - but staff in the UK will instead be returning to "an engagement hub."
Biden declares ‘national emergency’ as he bans US investment in Chinese tech August 10, 2023 President Joe Biden on Wednesday signed an executive order that will prohibit some new U.S. investment in China in sensitive technologies like computer chips and require government notification in other tech sectors. The long-awaited order authorizes the U.S. Treasury secretary to prohibit or restrict U.S. investments in Chinese entities in three sectors: semiconductors and microelectronics, quantum information technologies [...]
ULEZ: ‘Unreasonable’ scrappage schedule means daily charges for ‘quite some time’ after expansion August 9, 2023 Many drivers will be charged daily fees “for quite some time” because London’s car scrappage scheme is not being extended until eight days before the expansion of the ultra low emission zone (ULEZ), a motoring services company has said. The RAC, which issued the warning, described the timings as “extremely frustrating”. The area covered by [...]