Theresa May will this week chair the cabinet committee on airport expansion, with Heathrow the favourite to secure a new runway October 16, 2016 Top Tories will meet this week to mull a final verdict on airport expansion, with Heathrow considered the favourite to get the green light. Theresa May's cabinet committee on airport expansion meets on Tuesday, with a decision on how to expand aviation capacity expected to emerge within days. That verdict is then expected to be [...]
Adidas stand to profit as Manchester United’s Paul Pogba tops shirt bestseller list – but could Arsenal look for more from Puma? October 15, 2016 At first glance, Manchester United’s £75m-a-year kit deal with Adidas looked like a vast overpayment on the behalf of the German sportswear manufacturer. Back in 2014 when United’s commercial guru Ed Woodward secured the deal, United had just endured their worst season since the 1980s, the club had failed to attract some high profile transfer [...]
Homes in “UK’s tallest residential tower” go on sale in Canary Wharf and other new homes on the market this week October 14, 2016 Spire, Canary Wharf From £595,000 Apartments in the UK’s “tallest residential tower” on the cusp of Canary Wharf went on sale yesterday. Rising to 771ft with 67 storeys, it cost Chinese developer Greenland Group £800m to build adjacent to West India Quay DLR station and the Museum of London Docklands. There will be 861 one [...]
Business rates that hit London need reform October 11, 2016 Business rates are a blunt instrument, one which is set to deliver a heavy blow to London’s retailers, offices and hotels. Rates are due to rise from next April after a revaluation of rateable values for England’s 1.85m commercial properties by the Valuation Office Agency. It is the first such revaluation since 2010. Analysis by [...]
Brent crude oil price hits one year high of $53.50 boosted by Opec production cut deal optimism October 10, 2016 The price of Brent crude oil hit a one-year high this afternoon, rising to $53.50 a barrel. Brent crude oil price over the past 12 months (Source: Bloomberg) The price of US benchmark West Texas Intermediate (WTI) was also trading up, rising by 2.6 per cent to $51.11 a barrel this afternoon – a four month high. [...]
Govcoin’s co-founder Robert Kay explains why his firm is using blockchain to change the lives of benefit claimants October 10, 2016 "When you get into this technology, you can let your imagination run wild with it. But as an entrepreneur, you have to focus. You can use a new technology to help those that can pay the most for it, or those who will benefit the most from it. It is our view that distributed ledger [...]
Cricket bosses confirm England to stage its first ever day/night Test match October 6, 2016 New ground is set to be broken next summer when England’s clash with the West Indies at Edgbaston becomes the first day/night Test match to be staged in this country. The England and Wales Cricket Board (ECB) has confirmed that England’s showdown with the West Indies, the first Test of the series scheduled to take place between [...]
Stirling prize: Damien Hirst’s street-length art gallery is the winner of this year’s prestigious architecture award October 6, 2016 The winner of this year's coveted Stirling Prize has been unveiled – and it's fitting that the coveted architectural award should, this year, go to an art gallery. Yep, this year the Royal Institute of British Architects' (Riba) prestigious award has gone to Vauxhall's Newport Street Gallery, built to house Damien Hirst's private art collection, which opened at the end of [...]
Heathrow third runway would not break emissions laws October 6, 2016 The case for expansion at Heathrow airport was given a shot in the arm this morning as a new, independent study revealed a third runway would not breach emissions laws. Pollution around the west London airport – the busiest in Europe – has been a major sticking point in its bid for a third runway, with campaigners arguing [...]
The new centre ground: The full text of Theresa May’s Conservative Party conference speech October 5, 2016 In the speech which closed the Conservative Party conference, Theresa May spoke of a country in transition, and new opportunities. The full 7,600 words is below – although if you'd rather a cut-down version, her best quotes are here – or you can read how businesses reacted. The new centre ground: May's speech in full When [...]