London Underground wins national award for best train operator of the year, thanks to drops in journey time and ongoing modernisation efforts February 27, 2016 While it might not seem like it when you're squashed onto a platform with what feels like every other worker in London, counting down the minutes until the next train when there's been "minor" delays, commuters on the London Underground have actually got it pretty good. Yesterday, London Underground announced that it had been named [...]
Ahead of Budget 2016 on 16 March, the Resolution Foundation urges government to help more over 50s into work and rethink its old-fashioned approach to unemployment February 27, 2016 A think tank has offered a word of advice to chancellor George Osborne this morning ahead of the budget: if this government wants to achieve full employment, it must focus on helping over 50s get into work. Ahead of publishing a full report on employment next week, the Resolution Foundation urged government to put helping over 50s [...]
UK pensions: Waspi campaign might find itself on the backburner, as Work and Pensions Committee to discuss whether unfairness between different generations is a greater issue February 26, 2016 The Work and Pensions Committee will be hearing evidence on fairness within the pensions regime next week from none other than two former ministers. The Committee announced today that former minister of state for universities and science Lord Willetts and former pensions minister Steve Webb would be giving evidence as part of an ongoing inquiry into intergenerational fairness [...]
Law Society urges solicitors to adopt fairer recruitment practices, such as blind recruiting, in bid to promote social mobility and improve diversity in the legal profession February 26, 2016 Solicitors have been encouraged to revamp their recruitment practices in a bid to improve social mobility in the legal sector. The Law Society has today published guidance for firms on developing recruitment processes that are fair for applicants from all backgrounds. Suggestions include increasing awareness of unconscious bias, adopting blind recruitment for trainees and taking into account people's [...]
Standard & Poor’s Ratings Services puts Standard Chartered on negative watch a few days after bank reports major losses for the year February 26, 2016 Standard Chartered is at risk of having its rating cut by Standard & Poor's, it was revealed today. The ratings agency put the bank on negative watch this afternoon, which means the rating could move downwards the next time it is reviewed. Standard Chartered Bank previously had a stable outlook on its A+ rating, while [...]
Barristers warned not to store confidential information in the cloud as US authorities can access it, putting UK legal privilege at risk February 26, 2016 Barristers are being urged to think twice about where they store their data, as the Bar Council has warned that information in cloud storage could be accessed without their permission. In a note to Bar Council members last night, the Bar Council IT panel advised that certain pieces of US legislation had the potential to allow [...]
G4S selling UK Children’s Services business, which consists of 13 children’s homes and contracts to manage two secure training centres February 26, 2016 G4S has today announced that it is selling its UK Children's Services business. The Children's Services business, which consists of 13 children's homes and contracts to manage two secure training centres at Medway and Oakhill, is being sold off as part of G4S's ongoing review into its business portfolio. The Children's Services division brought in revenues of [...]
The amount we spent on contactless cards trebled to £7.8bn in 2015, with the payment method proving particularly popular with London commuters February 26, 2016 The way we're spending is changing, with the value of transactions on contactless cards soaring last year, according to research released today. The study by The UK Cards Association discovered that spending on contactless cards hit £7.8bn in 2015, up 233 per cent from £2.3bn in 2014. The number of transactions carried out contactlessly also rose to [...]
House prices rise again, with the value of London residential properties shooting up by 14 per cent year-on-year, while sales inch down two per cent February 26, 2016 The price of residential property has edged up with the capital seeing the biggest increases in value over the last year, figures released today show. According to the Land Registry's monthly market trend data for January 2016, the average price of residential property in England and Wales rose by 7.1 per cent over a year and [...]
Nearly half of businesses with vehicles in London use some kind of telematics technology February 26, 2016 NULL
