London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
European Games: Olympic champion Nicola Adams out to make history again in Baku June 24, 2015 Boxer Nicola Adams has vowed to claim another piece of sporting history when she competes in the women’s flyweight final of the European Games today in Baku, Azerbaijan. Adams, 32, became the first female boxing champion in Olympic history when she won gold at London 2012, and the Leeds fighter is aiming to repeat [...]
£10m Dimitri Payet to join West Ham June 24, 2015 West Ham are poised to make their second major signing of the summer by recruiting Marseille and France attacking midfielder Dimitri Payet for £10.5m. The 28-year-old is expected to sign a five-year contract this week and follows the arrival earlier this month of £4m Spain Under-21 midfielder Pedro Obiang from Sampdoria, as well as [...]
Crown Estate returns £285m to public purse after record year June 24, 2015 The Crown Estate today announced another year of record profits thanks to the regeneration of its vast estate at the heart of London’s shopping district plus its growing offshore wind business. The Crown Estate’s net profit, which goes into the Treasury’s coffers, rose to a record £285.1m in the year to 31 March – up [...]
New FCA and PRA bonus clawback rules: The UK now has the toughest bank pay rules in the world June 23, 2015 New rules to claw back bankers’ bonuses for up to 10 years threaten to undermine London’s appeal to international financiers, consultants warned yesterday, in the latest salvo against big banks from UK regulators. Read more: Bank bonus clawback extended to 10 years by UK regulators The clawback rules comes amid growing tensions between [...]
Greek Prime Minister Alexis Tsipras “confident on deal” despite Syriza rumblings June 23, 2015 Greek prime minister Alexis Tsipras will meet with European officials in Brussels today as part of the attempt to hammer out an agreement over his country’s debts. Read more: What Yanis Varoufakis can learn from a real game theory master The Greek government yesterday expressed confidence that the country’s parliament would approve a [...]
Productivity puzzle solved? Productivity set to increase by over 10 per cent over the next five years June 23, 2015 Britons’ disposable income will be driven up from an increase in productivity over the next five years, but employment growth will not follow the same upward trend, according to research out today. Economists at Oxford Economics are predicting a dramatic turnaround with significant improvements forecast between 2015 and 2020. Productivity will rise by 10.7 per [...]
“Double helix” acrobats celebrate Crick Institute funding June 23, 2015 A team of acrobats formed a breathtaking human DNA helix at King’s Cross station in London yesterday, to launch Cancer Research UK’s final year of fundraising to raise £100m for biomedical research centre the Francis Crick Institute, which is due to open in 2016.
Labour’s Chris Leslie and Chuka Umunna promise to change tack – by listening to business June 23, 2015 As part of the Labour Party’s latest effort to change course following the General Election, shadow chancellor Chris Leslie and shadow business secretary Chuka Umunna will today launch a new “Listening to Business” programme. “The disappointing election result for Labour rightly forces us to rethink how we build stronger relationships with the business community,” Leslie said, adding, [...]
Boeing hiring a new captain June 23, 2015 US PLANE maker Boeing has elected Dennis Muilenburg as the company’s 10th chief executive, succeeding W. James McNerney, Jr, who has been at the helm for the past decade. Muilenburg, who has served as Boeing president and chief operating officer since 2013, becomes president and CEO on 1 July. McNerney, who joined Boeing’s board in [...]
Eurosceptic report draws sharp criticism June 23, 2015 A NEW report from Eurosceptic business leaders has elicited strong criticism from opposing campaigners. The pro-European Business for New Europe campaign has called Business for Britain’s new report, Change or Go – which has been serialised in the Daily Telegraph – “spurious, misleading and built on sand.” Business for Britain argued yesterday that if the UK were to [...]
