This week’s Southern strikes are set to go ahead with RMT dismissing Govia deadline as “more threats and bullying” October 31, 2016 Govia Thameslink Railway (the parent company of Southern Railway) is playing hardball. It's now told the Rail, Maritime and Transport (RMT) union it will rescind its "full and comprehensive offer" if strike action, planned for later this week (4 and 5 November) goes ahead. Essentially, it's the last chance for RMT to accept GTR's previously [...]
Lord David Blunkett says Heathrow expansion must deliver on closing the skills gap October 31, 2016 Legal challenges, what legal challenges? Heathrow has announced the names of 13 members of its new skills taskforce, led by Lord David Blunkett, which meets for the first time today. And Blunkett has said that Heathrow must deliver a long-term skills legacy for the nation, warning that a coordinated skills strategy on infrastructure was necessary to learn [...]
Here are all the rail and station closures in London over Christmas October 31, 2016 Brace yourselves, commuters. There have been many headlines about incoming Christmas travel chaos, and now Network Rail has announced major station closures as an extensive programme of rail improvements goes ahead, it looks like there'll be a few more yet… Read more: Could Network Rail have to go cap in hand to the government? Rail [...]
Mark Carney has just been accused by Brexiteer Daniel Hannan of behaving like a “rock star banker” October 31, 2016 Conservative MEP for South East England Daniel Hannan has criticised Mark Carney for acting like "a rock star banker" on BBC Radio 4. On the Today programme this morning, Hannan, who has been a long-term supporter of Brexit and a long-term critic of Carney (who warned of the consequences should Britain leave the EU) said: "If you do stay, [...]
Donald Trump is just one point behind Hillary Clinton in newest national poll October 31, 2016 Let it never be said that 2016's US presidential election wasn't interesting. Republican presidential candidate Donald Trump is apparently closing the gap on Hillary Clinton in the latest national poll. An ABC News/Washington Post poll had the Democratic Presidential candidate just one point ahead of Trump, as the timing of an FBI announcement into emails [...]
Advertising giant WPP’s revenue spikes 23 per cent on the back of weak pound October 31, 2016 Revenue jumped at advertising giant WPP for the third quarter, up 23.4 per cent as it beat expectations. But business in the UK slowed, "perhaps the first signs of Brexit anxiety", while WPP reported a slowdown in organic net sales at 2.8 per cent. The figures Revenue for the third quarter was up 23.4 per [...]
Former Barclays boss Antony Jenkins launches fintech business October 31, 2016 Former Barclays boss Antony Jenkins has launched his new fintech business, 10x Future Technologies, which he thinks will "transform how banks operate". The platform will provide banks “with a new core digital banking platform” that Jenkins said would allow them to unify their range of complex data systems. Jenkins said 10x Future Technologies will give [...]
It’s cheaper to buy than rent in nearly two thirds of British cities (not London though) October 30, 2016 It's now more cost-effective to buy a home than rent in nearly two-thirds of British cities, according to new research from Zoopla. Spoiler alert: London's in the other third. The property website analysed the cost of renting a two-bedroom home compared to servicing a mortgage in Britain's 50 biggest cities. The proportion of cities offering better [...]
Now three Tata executives have quit, following ousted chairman out the door October 29, 2016 There's more going on in the Tata saga. Yes, more. Apparently three senior group executives at Tata Sons have resigned, as the conglomerate's management crisis worsens. Sources told Reuters the executives who quit were HR chief N.S. Rajan, group business development and public affairs head Madhu Kannan, and group strategy executive Nirmalya Kumar. Read more: Tata [...]
Sir John Parker’s diversity review wants all-white FTSE 100 boards to end by 2021 October 29, 2016 2021 will be the year all-white boards at FTSE 100 firms are over. At least if Sir John Parker has his way. According to Sky News, the findings from Sir John Parker's review into diversity on boards will be unveiled in a government-backed report next week. The report will state that Britain's biggest firms should have [...]
