These are the strangest items Londoners have tried to take on planes in the last year, according to London City Airport May 11, 2016 Posh dog shampoo, furry handcuffs, a wooden meat hammer and snow globes: an unlikely bunch of items, but all products that passengers have tried to take onto flights as hand luggage in the past year. London City Airport has revealed its list of the 10 most unusual items confiscated at its security check-in, as well [...]
This is Me: How Barclays is breaking mental health stigma – and the rest of the City can too May 11, 2016 Since 2013, Barclays has been working to raise awareness of mental health in the workplace through our campaign “This is Me”. As part of our ambition to be the most accessible and inclusive bank, it is important to Barclays that colleagues can be themselves at work. Addressing the cultural silence around mental health was fundamental [...]
Visa Europe records three billion contactless payments over the last 12 months May 10, 2016 Card company Visa has recorded three billion contactless transactions in Europe over the past year. In April alone, European consumers used their cards 360m times, clocking in at almost 140 transactions per second. Contactless now accounts for one in every five Visa card payments in Europe, up from one in 60 in 2013. In the [...]
New Holland Park restaurant Six Portland Road serves black-pudding to die for May 10, 2016 Remember Neil Webb? He was a roving midfielder who played for Manchester United and England, but in my mind he’ll always be synonymous with the generation of footballers who retired just before the unfathomable riches of the Premier League rolled in. Unlike today’s players, these guys had to carve out new careers in their mid-30s, [...]
Five suitors emerge for the whole of troubled BHS May 10, 2016 BHS has attracted five expressions of interest to buy the whole of the high street retailer. The interest was registered ahead of today's 5pm deadline, according to a spokesperson for the company. There have been a higher number of expressions of interest for specific parts of the business, with most thought to be keen to [...]
Before the bell: What you need to know before the US market open May 10, 2016 Stock futures in the US are up on the back of a good day in Asia and a strong start across Europe. The S&P is up by 0.34 per cent, while the Nasdaq is up by 2.5 per cent. The Dow has added 0.35 per cent in the pre-market. The day's big news so far Germany's current [...]
Save BHS campaigners light up London landmarks as retailer administration rumbles on May 10, 2016 Campaigners trying to rescue iconic high street retailer BHS turned some of London's landmarks red, white and blue last night, with a city-wide campaign to find a saviour for the chain. Marble Arch, Wellington Arch, Blackfriars Bridge and BHS' Marylebone head office were among the buildings lit up by campaigners with the message #SaveBHS last night. "Come on Britain," [...]
Sports Direct in surprise Austin Reed bid May 8, 2016 Sports Direct’s Mike Ashley is thought to have thrown his hat in the ring for menswear retailer Austin Reed. It is understood that Ashley has tabled a surprise £30m bid for Austin Reed which went into administration at the end of last month. Administrators Alix Partners are thought to have received around 50 expressions of [...]
UK banks would face a squeeze on their balance sheets after Brexit May 5, 2016 Profits at the UK’s largest banks would be squeezed if the UK votes to leave the European Union, a top credit ratings agency has said today. Moody’s has warned that Brexit would hit demand for loans, potentially reduce the value of banks’ balance sheets and heap pressure onto London’s fragile investment banking sector. “Uncertainty before [...]
Sweet: Hotel Chocolat just priced its IPO May 5, 2016 It's a sweet day if you're into equities, for Hotel Chocolat – the upmarket confectioner whose offerings include a £100 box of chocolates – has unveiled the pricing of its IPO. The retailer, which announced its plans to float on Aim back in March, said today it expects to be valued at £167m once it lists – [...]