Eurostar may need state support as passenger numbers collapse October 11, 2020 The government may need to put its hands in its pockets to prop up the cross-Channel Eurostar service, the boss of the HS1 line has warned. Dyan Crowther, who runs the rail link between London and the Channel Tunnel, said that the operator had slashed the number of services it was running due to the [...]
Boris Johnson tries to court Biden as Number 10 falls off Trump train October 11, 2020 Boris Johnson is reportedly trying to woo US Presidential candidate Joe Biden with Downing Street increasingly convinced that Donald Trump will not be re-elected. Johnson has been shown private polling that shows Biden is on track for a landslide victory, spurring him to try to build ties with the former Vice President. Trump and Johnson [...]
The answer to Britain’s housing crisis is more houses – not risky mortgages October 11, 2020 Housing experts were left scratching their heads this week after Prime Minister Boris Johnson announced his flagship policy to get young people on the housing ladder: bigger mortgages. Johnson plans to turn “generation rent” into “generation buy” by offering long-term, fixed-rate mortgages of up to 95 per cent of the value of the home. He [...]
BOXPARK chief: Government must allow hospitality businesses to recover October 11, 2020 The past few months have been some of the most difficult for the hospitality industry – and now, just as many of us are getting back on our feet, we have been hit by new restrictions that could last for up to six months. Six months is an extremely long time for an industry that [...]
Opinion: Why net-zero needs a gear change in STEM education October 10, 2020 National Grid have announced a major new investment in London – and now they’re looking for the right people to fill jobs in the future. Today Gareth Burden – Project Director, London Power Tunnels – tells City A.M. why they’re doing it. For this country to reach net-zero emissions by 2050 we require the development [...]
Iain Dale reveals his top 10 most powerful figures in UK politics October 10, 2020 Radio personality Iain Dale will next week reveal his top 100 most powerful people in UK politics, with City A.M. able to reveal today who made the top 10. The list, which will be released in full in next week’s edition of The Mace magazine, contains Westminster’s most important “movers, shakers and rule-breakers”, according to [...]
On World Homelessness Day, can impact investing help us build back better? October 10, 2020 There is no debating that we are looking down the barrel of a tough six months. An increase in the daily cases of Covid-19 means that the gradual loosening of restrictions has ground to a halt, and the threat of a return to a full lockdown ahead of the festive season will be the Sword [...]
Get ahead with a NED? How non-executive directors have evolved October 9, 2020 ‘You cannot rely on others to seek you out – you must put in a concerted effort to obtaining a directorship. So network, wear out the shoe leather and be prepared to drink a lot of coffee’: so advises a guide for senior professionals seeking to become a non-executive director (NED). Spencer Stuart, the executive search and [...]
OECD’s digital tax proposals gain broad support, German finance minister says October 9, 2020 More than 130 countries have agreed on a plan for reforms of global corporate taxation, which is due to be discussed by G20 finance ministers next week. The OECD has been working on plans to introduce rules for businesses to pay tax where they do business rather than where they are registered. They represent the [...]
Norwegian Air set to close Gatwick short-haul base October 9, 2020 Norwegian Air has today begun proceedings to shut its short-haul base at Gatwick Airport, with 259 jobs at risk of being lost. The airline said the move would not affect its flight schedule out of the airport. The low-cost carrier employs 1,142 people at the Sussex airport, which is the UK’s second largest. Most of [...]
