Poll: Most Brits want to honour Brexit referendum result October 16, 2019 A majority of people want the UK to respect the Brexit referendum result, according to a new poll. The Comres survey revealed today that 54 per cent of people wanted to respect the Brexit referendum result and leave the European Union, with 32 per cent preferring to remain. Read more: Britain would now vote to [...]
Seplat Petroleum expands production with £382m purchase of Eland Oil & Gas October 15, 2019 Nigerian oil company Seplat Petroleum is set to acquire London-listed Eland Oil & Gas for £382m. The West African oil group will pay 166 pence per share for Eland, which translates into a premium of 28.5 per cent from the company’s closing price on Monday. Read more: Afren in talks to recapitalise after Seplat deal [...]
London’s creative industries provides £40bn spending boost to economy: new report October 15, 2019 London’s creative industry sector adds £40bn a year to its various supply chains, according to a new report. Previous figures from the Department for Digital, Culture, Media and Sport indicated that creative industries boosted London’s economy by £52bn. Read more: Anna at the National Theatre review However, a new report – commissioned by mayor of [...]
Financial Conduct Authority clamps down on motor financing commissions October 15, 2019 The UK’s financial regulator is set to crackdown on motor financing commissions in an attempt to save drivers £165m a year. The Financial Conduct Authority (FCA) announced today it would ban how some auto dealers and brokers structure their sales commissions. Read more: Financial Conduct Authority sawn raids nearly doubled in 2018 The FCA said [...]
Garden Bridge Trust awarded £21m in contracts ‘prematurely’ and ‘recklessly’ October 15, 2019 Backers of the abandoned Garden Bridge awarded £21m in construction contracts before getting key land and building permits, according to a new report. The report, from the London Assembly’s Garden Bridge Working Group, details the “reckless” spending of the Garden Bridge Trust (GBT) and Transport for London (TfL) on the failed £53m project. Read more: [...]
Extinction Rebellion defy police ban on London protests October 15, 2019 The co-founder of Extinction Rebellion has defied a police ban on the group by protesting on top of the Department for Transport (DfT). Dr Gail Bradbrook stood on a cherrypicker at the top of the department this morning, blocking the entrance. Read more: Police ban Extinction Rebellion protesters from London She used a hammer to [...]
Boris Johnson stays mum on Arcuri conflict of interest allegations October 14, 2019 The London Assembly said last night it would not publish the latest letter sent on behalf of Boris Johnson regarding potential conflicts of interest while he was mayor of London. The prime minister was forced to send a letter to the assembly’s oversight committee last week to clarify his relationship with businesswoman Jennifer Arcuri – [...]
Liberal Democrats mayor of London candidate wants to decriminalise cannabis October 14, 2019 City Hall will decriminalise cannabis in the capital under a Liberal Democrats mayor of London. Siobhan Benita, the Liberal Democrats candidate for next May’s mayoral election, said she would decriminalise the drug if elected by creating new guidelines for the Metropolitan Police. Read more: Liberal Democrats mayoral hopeful Siobhan Benita says ‘we can win this’ [...]
London Night Tube crime rates soar in 2018-19 October 14, 2019 Mayor of London Sadiq Khan has been slammed as having a “complacent attitude” on crime in the wake of soaring violence on London’s Night Tube. New figures from the Greater London Authority show violent crime and sexual assault on Night Tube journeys rose by 32 and 10 per cent respectively in 2018-19. The increases were [...]
Bakerloo line extension to Lewisham open to public comment October 14, 2019 Plans to extend the Bakerloo line to Lewisham will go under public scrutiny today. Transport for London (TfL) began the 10-week public consultation on the extension today, welcoming comment from people on the route and the required works to implement the new route. TfL is planning to extend the Bakerloo line from Elephant and Castle [...]
