Co-operative appoints two new non-exec directors in governance shake-up June 26, 2015 The Co-operative Group has appointed two new non-executive directors to its board, following changes made last year to the company's governance nominations. Read more: Co-operative Group returns to profit amid turnaround plan Stevie Spring is joining the group from ITG Group and Children in Need, while Peter Plumb is coming from Moneysupermarket.com. In [...]
Prime Minister David Cameron is “delighted” with the way EU renegotiations are going so far June 26, 2015 Prime Minister David Cameron is said to be “delighted” with the way EU renegotiation talks are going, following a two-day summit for all member states in Brussels. Read more: EU referendum greater risk to London's property market than General Election Having made a 10-minute pitch to fellow EU leaders, he said the process of [...]
HS2 is “cannibalising” the rest of the transport budget, TaxPayers’ Alliance claims June 25, 2015 The High Speed 2 rail link connecting Birmingham to London is “cannibalising” the rest of the UK's transport budget, Jonathan Isaby, head of the TaxPayers' Alliance, has claimed. Read more: High Speed 2 to lose a link from North to Europe In a statement, Isaby said promises had been made “time and time again” [...]
Sir Peter Hendy, the Transport for London boss who called commuter trains “s**t”, appointed to lead Network Rail as £35.8bn investment plan is delayed June 25, 2015 Network Rail has appointed Peter Hendy, the former Transport for London commissioner who only two months ago described commuter trains as "s**t" and "awful", as its chairman. Read more: Network Rail is at crisis point and won't deliver the upgrades it promised "On Southeastern, the trains are like the Wild West. They are s**t, awful. And [...]
Nato might up its nuclear weapon development in the face of Russian threats June 25, 2015 Nato is reviewing its nuclear weapons policy in response to escalating tensions with Russia over the situation in Ukraine. Read more: The UK is building a new Royal Navy ship to defend against “Russian aggression”, says defence secretary Michael Fallon At a ministerial meeting in Brussels yesterday, sources from the organisation said they were [...]
Men should freeze their sperm now if they plan to have children later in life, says scientist June 25, 2015 Men ought to freeze their sperm as young as 18 if they want to ensure having healthy children, according to a British bioethicist. Writing in the Journal of Medical Ethics, Dr Kevin Smith from Abertay University in Dundee said although men are able to have children well into old age, leaving it too late [...]
Transport secretary Patrick McLoughlin: Network Rail is at crisis point and won’t deliver the upgrades it promised June 25, 2015 Network Rail has overspent and won't be able to deliver all the changes and upgrades it promised, transport secretary Patrick McLoughlin told the House of Commons today. Read more: Network Rail privatisation to be discussed by government officials in order to shake off debt burden The government’s proposed five-year £38.5bn investment plan to transform [...]
Standard Chartered chief executive Bill Winters is shifting power abroad June 25, 2015 Standard Chartered's new chief executive Bill Winters is planning a structural shake-up of the bank, which includes handing over power to the bank's regional zones. Read more: Standard Chartered share price rises following appointment of Bill Winters as chief executive The London-listed bank operates in over 70 countries, but has some key regional hubs, [...]
Conservative MP Gerald Howarth calls for law ensuring at least two per cent of GDP goes on defence June 25, 2015 Former defence minister Sir Gerald Howarth is trying to introduce a new law that would keep the UK's defence spend at a minimum of two per cent of GDP. Read more: UK's £56bn aerospace, defence, security and space sectors come out strongly against Brexit The proposal, which the Conservative MP is setting out in [...]
The world’s most entrepeneurial countries: Uganda tops the list while UK comes 37th June 24, 2015 Uganda is the most entrepreneurial country in the world, according to an analysis by Approved Index. Read more: Why the government's "Help to Grow" could transform UK entrepreneurship The African country, whose economy was devastated by dictatorship only a few decades ago, now has the planet's highest proportion of people who have started businesses. [...]
