HS2 is ‘out of control’: Andrea Leadsom October 20, 2019 HS2 is “out of control” and its management is insensitive, according to business secretary Andrea Leadsom Leadsom has entered a submission to the government’s review into the controversial project, according to the Sunday Telegraph. Read more: HS2 would drive rail price increase and shut out smaller northern cities She criticised HS2 Ltd for the way [...]
Rory Stewart ‘doesn’t speak for London’: Lib Dems mayoral candidate October 20, 2019 Rory Stewart’s support for Brexit makes him unfit to be mayor of London, according to one of his 2020 opponents. Liberal Democrats mayoral candidate Siobhan Benita slammed Stewart for not backing the Letwin amendment in parliament yesterday. Read more: DEBATE: Does former Tory leadership hopeful Rory Stewart have a shot at becoming mayor? The successful [...]
Brexit: Government sticks firm to its October 31 deadline October 20, 2019 Senior cabinet ministers are insisting the UK will leave the European Union on 31 October, despite the prime minister’s letter to Brussels requesting an extension. Boris Johnson was forced by parliament to send the letter – which he left unsigned – to Brussels asking for an extension last night. It was accompanied by a second [...]
Facebook co-founder launches anti-monopoly trust October 17, 2019 One of Facebook’s co-founders has launched a $10m (£7.8m) anti-monopoly trust in an attempt to place extra scrutiny on big tech firms. Chris Hughes will launch the fund to support academic and policy research into market power. Read more: Facebook suffers a drop in brand value as consumer trust slides It will be a part [...]
TfL boss Mike Brown to resign in May October 17, 2019 Transport for London (TfL) boss Mike Brown is set to resign after four years in the post. TfL announced today the transport commissioner will be leaving the job after next year’s mayoral election in May. Read more: Mike Brown hits out at ‘bonkers’ TfL borrowing limits He will then become the first chair for the [...]
Eurostar revenue ticks upward after a busy summer October 17, 2019 Eurostar has recorded a modest increase in third quarter revenues after its busiest ever August. The cross-channel rail company today reported a three per cent increase in sales revenue to £254m in the three months to 30 September. Read more: Eurostar tells passengers not to travel as heat causes train chaos This was on the [...]
Rathbone Brothers’ shares fall as it warns on tighter profit margin October 17, 2019 Shares in Rathbone Brothers fell sharply this morning after reporting its profit margin will narrow over the next two-to-three years. Shares in the investment management company were down 8 percent to 2,190p in the morning’s trading, despite an 11 per cent annual increase in third quarter operating income. Read more: Rathbone Brothers boosts profits but [...]
London Assembly makes way for police watchdog on Boris Johnson and Jennifer Arcuri inquiry October 16, 2019 Two Greater London Authority inquiries into conflict of interest claims against Boris Johnson have been put on hold after fears it could prejudice a police watchdog investigation. The London Assembly’s Oversight Committee has been investigating Johnson’s links to American businesswoman Jennifer Arcuri while he was mayor. Read more: Boris Johnson stays mum on Arcuri conflict [...]
City of London Corporation accused of politicising its primary council October 16, 2019 The City of London Corporation has been accused by one of its councillors of going beyond its remit and attacking the government in a “political stunt”. The corporation’s Court of Common Council, its key decision making body, approved a motion last week to give its “full and unequivocal support” to the independence of the UK’s [...]
Extinction Rebellion ignore police ban to return to Trafalgar Square October 16, 2019 Extinction Rebellion has returned to Trafalgar Square just days after being evicted by police. The group is holding a people’s assembly at the square this afternoon, many with black tape across their mouths. Read more: Extinction Rebellion protesters block rounds around Bank station A spokesperson for the group said it was to signify a “police [...]
