Markets on red alert as Greeks dig in heels June 15, 2015 Greek Prime Minister Alexis Tsipras insists his government will stand its ground against proposals demanded by creditors, as markets across Europe slide further into the red. City analysts now see a default and Greek exit from the Eurozone as an increasingly likely outcome. “We will patiently wait for the institutions [to] adhere to realism,” Tsipras [...]
Tech stars dazzle Boris and Denise June 15, 2015 LONDON Technology Week kicked off yesterday with mayor Boris Johnson (inset) and Olympic champion Denise Lewis visiting whizzkid schoolchildren and marvelling at their tech creations. The week is a celebration of the capital’s tech sector, which Johnson said has “flourished beyond recognition in the last five years”. More than 200 events will showcase the city’s role [...]
David Cameron courts EU leaders amid Commons row over referendum June 15, 2015 Prime Minister David Cameron will hit the road again this week for more one-on-one meetings with European leaders, while MPs in the House of Commons gear up for more divisive debate over the EU referendum bill. Cameron is due to visit Italy, Luxembourg, Slovakia and Slovenia later this week, as well as welcome the president of [...]
David Hellier leaves City A.M. after nine years June 15, 2015 DAVID Hellier has decided to leave the company after nearly nine years. He has edited the paper for the past year. Hellier said last night: “I have had a great time at City A.M. and have worked with some truly talented people, many of whom are scattered around the top titles in the media. It [...]
Frackers rejoice after council warms to shale as Cuadrilla’s Lancashire proposal wins backing June 15, 2015 Frackers yesterday welcomed planning officers’ backing of Cuadrilla’s shale gas proposal at a site in Lancashire, saying it shows that communities are starting to warm to the controversial energy extraction technique. Lancashire council planning officers recommended that the council should approve Cuadrilla’s fracking application at the Preston New Road site when a decision is [...]
Q&A: Despite the protests, will fracking become a reality in Britain? June 15, 2015 Q What is hydraulic fracturing and why are people so fracked off? A Critics claim that the technique, which involves drilling liquid at high pressure into shale rocks to release natural gas, causes earth tremors and water contamination. Local communities are concerned about the noise and traffic when the drilling sites are being set up. [...]
Applegreen IPO: City funds help fuel €300m listing of petrol station firm June 15, 2015 Irish petrol station group Applegreen is set to drive off with a €300m (£220m) valuation after winning backing from top City investors for the biggest European float on the junior stock market this year. The firm, which has 152 sites mainly in the UK and Ireland, has secured €70m of backing from investors, including City [...]
Michelle Obama touches down in London June 15, 2015 US first lady Michelle Obama jetted in to the UK yesterday for a trip to promote education for girls, with her daughters Malia and Sasha. She will have tea with David Cameron and his wife Samantha today, before meetings and visits to promote the cause.
Corbyn secures his place on the Labour leadership contest list June 15, 2015 IN A SURPRISE, last-minute addition to the slate of Labour leadership hopefuls, the left-wing MP for Islington, North Jeremy Corbyn, secured the support of 36 fellow MPs yesterday, just two minutes ahead of the deadline. Corbyn joined Andy Burnham, Yvette Cooper and Liz Kendall on the ballot, who received the backing of 68, 59 and 36 Labour MPs, [...]
Burberry hits a high note with 2016 show June 15, 2015 Burberry showed off its menswear Spring/Summer 2016 collection, yesterday afternoon at Kensington Gardens, to the sounds of UK musician Rhodes, accompanied by a 24-piece orchestra . Front row seats at the show were taken by Samuel L. Jackson and Lewis Hamilton.
