Here’s how London City Airport will look after its £400m expansion October 26, 2017 London City Airport has released a batch of new pictures to show what it will look like following a £400m development programme. The airport currently serves 50 destinations across 12 airlines, and has welcomed over 55.5m passengers since opening in 1987. It is eyeing bumping that number higher with its expansion plans. The privately-funded investment [...]
This London Tube map shows how much house prices have changed in the capital over the past 10 years October 13, 2017 You might have seen the Tube map for scooters. You may already be poring over the festive Underground map in anticipation of Christmas(even though Halloween hasn't happened yet). But have you seen a London Tube map showing just how much property prices in the capital have changed over the past decade? Well, feast your eyes [...]
Just Eat’s Hungryhouse takeover is nearly good to go as competition watchdog gives provisional clearance October 12, 2017 The competition watchdog has provisionally paved the way for Just Eat to gobble up Hungryhouse, saying the merger does not raise concerns. Shares in Just Eat rose nearly five per cent in morning trading as investors chewed over the good news. Just Eat paid £200m for Hungryhouse, which it bought from Delivery Hero, back in [...]
Here are the targets the FTSE 100 has been set to improve the ethnic diversity of UK boards October 12, 2017 All-white FTSE 100 firms will be expected to have become a thing of the past come 2021, according to the final recommendations from a government-backed report into improving diversity of UK businesses. Over half of the FTSE 100 firms do not have any ethnic minorities on their board at all. The Parker Review Committee, headed [...]
Here’s why mass parcel drone deliveries are unlikely to take off in London October 11, 2017 The likes of Google and Amazon may be plugging investment into developing drone deliveries, but the capital isn't likely to be filled with them anytime soon. Not according to the professor of logistics at Kühne Logistics University, anyway. Alan McKinnon says there are a couple of key reasons why urban drone delivery looks set to [...]
Ranked: These are the happiest places to live in London October 11, 2017 Bad news, Londoners. For unless you're residing in Richmond upon Thames, you're not living in the happiest place in the capital. And while property site Rightmove has compiled the best places to live in the UK, five of the least happy places can be found in London. Still, Bromley and Camden residents can feel pretty [...]
Upgrades for Northern and Jubilee Lines have been brought to a halt by Transport for London October 10, 2017 Planned upgrades for the Northern and Jubilee Lines have been paused by Transport for London (TfL), though train drivers' union Aslef says they will be cancelled entirely. TfL confirmed today that it is "temporarily pausing" plans to buy more trains for the two lines, but Aslef said that senior managers admitted in private that the [...]
Lloyds Bank chief executive Antonio Horta-Osorio on stress: “It nearly broke me” October 7, 2017 Lloyds’ chief executive has said the job nearly “broke” him, dealing with serious insomnia shortly after joining the bank in 2011. In an interview with the Times magazine, Antonio Horta-Osorio discussed the details of his troubles. Within months of starting the top job, he spent nine days at the Priory clinic to prevent a nervous [...]
These are the Tories’ 13 Brexitiest Brexiteers, as ranked by Conservative party members October 6, 2017 Conservative members have been polled by YouGov on which of their MPs they feel are the biggest Brexiteers – important, considering two-thirds of party members voted to leave the European Union. Now it has created a definitive ranking. Foreign secretary Boris Johnson came top of the 13 Brexitiest Brexiteers, despite criticism that personal ambition had [...]
The highest starting City salaries across banking with M&A, sales and trading leading the rankings October 6, 2017 Banking may be well paid, but even by its standards, some pay better than others. Now salary benchmarking site Emolument has assessed salaries from 338 recent graduates starting their careers in banking, with M&A, sales and trading, looking at the institutions which come top for bringing in the most money early on. At £50,000, starting [...]