Tube chaos: Signal failure causes severe delays for commuters on District Line May 24, 2019 A signal failure has left commuters to contend with severe Tube delays this morning as Transport for London (TfL) part suspended two London Underground lines. Read more: Underground fire alert causes Tube chaos for commuters Passengers faced a difficult journey to work on both the District Line and the Hammersmith & City Line after the [...]
Old Mutual suspends chief executive Peter Moyo over ‘breakdown in trust’ May 24, 2019 Insurance giant Old Mutual has suspended its chief executive over what it termed a “material breakdown in trust”. Read more: Merian Global Investors boss steps down after Old Mutual spin off Peter Moyo is suspended with immediate effect, the board told investors this morning, with chief operating officer Iain Williamson stepping in to fill the [...]
Police give all-clear after Whitehall lockdown to investigate ‘suspect item’ May 23, 2019 Police closed off Whitehall earlier this afternoon to investigate a “suspect item”. Road closures were in place around the centre of government after the Metropolitan Police got to the scene at 12.01pm. Read more: May U-turns on publishing Brexit Bill “Specialist officers are now in attendance”, the Met said shortly after midday, confirming that the [...]
Tube chaos: Severe delays hit Tube lines after Underground fire alert hits Jubilee Line commuters May 23, 2019 A fire alert at Bond Street station left commuters' journeys in tatters today as the Jubilee Line was struck with severe delays and left part suspended for most of the morning. Read more: Revealed: These are London's most stressful Tube stations There was no service on the Jubilee Line between Finchley Road and Waterloo this [...]
Metro Bank shares rise for second day after board avoids shareholder rebellion May 23, 2019 Metro Bank shares continued to climb this morning two days after its board survived a shareholder protest at its annual general meeting. Read more: Metro Bank shares continue recovery after board avoids shake-up The challenger bank’s share price rose 7.4 per cent in early morning trading after a 15.2 per cent leap yesterday following the [...]
Drink to that: Young’s pub chain hails profit growth and hikes dividend May 23, 2019 Pub group Young’s hailed robust profit and revenue growth in its latest financial year today, but warned investors of a “tough start” to 2019 after the World Cup fuelled a strong summer in 2018. Read more: City Pub Group cheers investors with sales rise as expansion continues The figures Profit before tax climbed 5.1 per [...]
Trainline will float 25 per cent of share capital in ‘£1.5bn’ London IPO May 22, 2019 Trainline has announced its intention to file for an initial public offering (IPO) today with plans to float at least 25 per cent of its issued share capital on the London Stock Exchange. Read more: Trainline mulls £1bn sale as IPO plans build up head of steam The UK rail bookings app's owner, Victoria Investments, could also [...]
EE and Vodafone ditch Huawei devices from summer 5G rollout May 22, 2019 EE and Vodafone have both blocked Huawei handsets from their 5G launches this summer, the telcos confirmed today, as the fallout from US accusations of spying turned radioactive. Read more: EE will be the first UK provider to offer 5G later this month They had announced the launch of Huawei’s Mate 20 X 5G smartphone when [...]
Theresa May presses MPs to pass her Brexit deal after three rejections in parliament May 22, 2019 Theresa May is set to publish the details of her Brexit deal bill on Friday, she said today as she urged MPs to pass it at the fourth time of asking. Read more: Sterling hits four-month low as Tories turn on May's Brexit deal The Prime Minister called for “compromise on all sides” ahead of [...]
Nigel Farage’s Brexit party on track to destroy Tories with 37 per cent of EU elections vote May 22, 2019 The Brexit party is on course to deliver a crushing blow to the Conservatives at the EU elections later this week, polling data revealed today. Read more: London house prices suffer UK's steepest fall Nigel Farage’s party will win a staggering 37 per cent of the public vote, according to Yougov’s latest survey. That is [...]
