Crossrail will be ‘mothballed’ without extra funding, TfL chief warns November 21, 2020 The troubled £19bn Crossrail project is at risk of being “mothballed’ unless it receives urgent additional funding, London’s transport chief has warned. Transport for London (TfL) commissioner Andy Byford this week urged the Department for Transport to provide £80m of immediate support to keep the rail link on track, Sky News reported. In a letter [...]
Boris Johnson ‘tried to tone down’ Priti Patel bullying report November 21, 2020 Prime Minister Boris Johnson is facing accusations that he attempted to tone down a damning report that found Priti Patel had bullied staff. Johnson yesterday came out in support of the home secretary, despite an inquiry concluding that she had broken ministerial code by shouting and swearing at staff. But media reports this morning suggested [...]
Brits to be granted ‘week of Christmas freedom’ in lockdown easing plan November 21, 2020 Lockdown rules could be relaxed for a week over Christmas but Brits would face continued restrictions until late December, according to reports. Prime Minister Boris Johnson will next week announce a nationwide relaxation of Covid rules from 22 to 28 December, allowing several families to join in one “bubble”, the Telegraph reported. But the festive [...]
Donald Trump Jr tests positive for coronavirus November 21, 2020 Donald Trump Jr, the eldest son of the outgoing US president, has tested positive for coronavirus. Trump Jr was diagnosed at the start of the week and has been quarantining in his hunting cabin since the results, according to his spokesman. “He’s been completely asymptomatic so far and is following all medically recommended Covid-19 guidelines,” [...]
Rishi Sunak to unveil multi-billion pound spending boost in bid to woo regions November 21, 2020 Rishi Sunak is set to unveil plans to pour billions of pounds into infrastructure projects in a bid to woo regions and narrow the UK’s north-south divide. The chancellor will next week announce the launch of a new UK infrastructure bank, based in northern England, which will play a crucial role in fuelling the country’s [...]
Dispute getting you down? November 20, 2020 There are many services provided for small to medium sized businesses that do not get enough credit for their success and efficiency. Mediation is most certainly one of them. For those unfamiliar with the term “Mediation”, picture two or more parties to a commercial, or civil dispute seeking an alternative to the time consuming, extortionately [...]
Generation Z: Tech Smart Traders November 20, 2020 Younger traders have been prominent in the markets for a while now. However, with world-wide lockdown keeping more people at home alone with their devices than ever, record volatility and market opportunities being advertised in every corner of the web, the number of traders under 30 has soared as many have been flocking to retail [...]
Landlords approve Clarks CVA clearing path for £100m private equity deal November 20, 2020 Clarks creditors have approved the footwear retailer’s restructuring plan, clearing the path for a £100m private equity deal that will take the 195-year-old firm out of family ownership for the first time. Clarks announced this afternoon that its Company Voluntary Arrangement proposal, which was launched earlier this month, has been approved by more than 90 [...]
Heed the lessons of Nuremberg: The signs of genocide cannot be ignored November 20, 2020 Seventy-five years ago today, British judge Sir Geoffrey Lawrence opened the most famous trial in the history of jurisprudence. Sat in front of him, packed into Courtroom 600 in the German city of Nuremberg, were the few surviving architects of Adolf Hitler’s Third Reich. Having been charged with the murder of millions of innocent men, [...]
Growth rate of UK R&D funding slips to the lowest in nearly a decade November 20, 2020 UK businesses spent a total of £25.9bn on research and development (R&D) in 2019, an increase of just 3.3 per cent on the previous year’s spending.
