The Shanghai’s the limit in this city that never stops March 29, 2015 Londoners are obsessed with christening skyscrapers. From the Walkie Talkie to the Cheesegrater, new buildings are barely granted planning permission before they are slapped with a nickname, reducing years of meticulous planning to a childish slogan. If the residents of Shanghai had a similar habit, they’d have little time to do anything else. The skyline [...]
Hackers force British Airways to freeze-frequent flyer accounts March 29, 2015 Tens of thousands of British Airways frequent-flyer accounts have been hacked, meaning executive club flyers will be unable to use their points. The carrier said no personal information had been viewed or stolen on the small proportion of its customers who were affected, whose accounts have now been frozen while the issue has been resolved. [...]
Germanwings flight 4U9525 crash: Airlines including EasyJet, Monarch Airlines, Virgin and Thomas Cook have just changed their cockpit procedures so two people must always be present March 27, 2015 Following the revelation that Germanwings flight 4U9525 may have been crashed deliberately, some of the world's largest airlines have confirmed plans to change their cockpit procedures so two crew members must always be present. Airlines including EasyJet, Monarch Airlines, Emirates, Norwegian Air Shuttle, Virgin and Thomas Cook all said they have changed their policies. The [...]
Alps air crash and Gulf allies attack on Yemen hit FTSE hard – London Report March 26, 2015 A WARNING from the Bank of England yesterday that financial markets were becoming more volatile and faced heightened risks from a lack of liquidity pulled the FTSE 100 down sharply. The FTSE 100 index was 105 points or 1.5 per cent lower at 6,886.9, as shares in airlines and tech stocks went into the red. [...]
Airline share prices have been hit after officials reveal co-pilot of Germanwings 4U9525 intended to “destroy the plane” March 26, 2015 Update: Airline share prices were down almost universally today, as more details emerged of the Germanwings flight 4U9525 that crashed on Tuesday. Among the biggest fallers were British Airways owner International Consolidated Airlines and Delta. The share price of Lufthansa – which owns Germanwings – also dropped further, closing down 3.1 per cent. [...]
Halfords names Jill McDonald new chief executive to replace Matt Davies March 23, 2015 Halfords has named Jill McDonald as its new chief executive, filling the saddle left empty by Matt Davies who's departing to lead Tesco's business operations in June. McDonald will leave fast food chain McDonald's where she is UK chief and president of North West Europe. The former marketing chief joined the restaurant business in 2006 [...]
Winners and losers pound dollar euro exchange rate movements March 17, 2015 The tale of two central banks has seen monetary policy diverge this year, taking their respective currencies with it. Exporters:When a country's currency strengthens, the effect that generally receives the most immediate attention is that on exports and profits. A strong sterling will also have an impact on companies', who have a strong internaitonal footprint, [...]
Investment banking more popular than at any time in the last three years March 13, 2015 Investment banking has become one of the most attractive careers for Londoners and surged to its most popular level in three years. Global recruiter Randstad polled over 10,000 workers to discover how attractive different industries are to the UK's workforce. In London, investment banking is now the third most popular sector following electronic engineering and [...]
Gordon Castle: Let us whisky you away to Scotland March 8, 2015 It was here atop the snow-spattered hills of Speyside in the Scottish Highlands that King Macbeth was said to have met his violent end. According to legend, it was the future King Malcolm III who stabbed him in 1057 (he died several weeks later). Life in the valleys rising up either side of the river [...]
British Airways flight BA49 from London Heathrow to Seattle lands safely after it declares mid-air emergency March 6, 2015 A British Airways flight from London to Seattle was forced to turn around after it declared a mid-air emergency. The flight was just under two hours into an eight-hour flight to the city, in the North West of the US. UPDATE EMERGENCY #BA49 Boeing 777 is continuing to London LHR. Live: http://t.co/mzKkQjjfiX pic.twitter.com/PVZ5nFG6RU — AIRLIVE [...]