FTSE 100 Live: City stocks rally after tech sell-off; Iran threatens ‘forceful response’ over Strait of Hormuz
Brexit: Theresa May and Jean-Claude Juncker confirm no deal today after DUP phone call over Irish border December 4, 2017 An 11th-hour phone call between Theresa May and Arlene Foster scuppered hopes for a Brexit deal to be agreed today – putting the pressure on the UK and EU teams to make a breakthrough by the end of next week. Ahead of a critical lunch meeting between May and Jean-Claude Juncker, MEPs revealed they had [...]
Facebook opens new London office and creates 800 new UK tech jobs December 4, 2017 Facebook has this morning cut the red ribbon of its new London office, home to the tech giant’s biggest engineering hub outside the US. Located in Rathbone Place, Facebook has said its new building will be home to 800 new jobs – meaning the total number of staff working for Facebook in the UK will [...]
Brexit: DUP leader Arlene Foster slams Irish “regulatory alignment” while London mayor Sadiq Khan and SNP leader Nicola Sturgeon call for wider use December 4, 2017 The leader of the DUP Arlene Foster has said she will not accept any regulatory divergence between Northern Ireland and the rest of the UK after Brexit. UPDATE: Theresa May and Jean-Claude Juncker confirm no deal today While she backed a “sensible Brexit”, with a time limited transitional period and a deal to meet our [...]
Transport for London (TfL) says a large chunk of the capital’s Tube network is about to get a whole lot more reliable December 4, 2017 Around 40 per cent of London’s Tube network is about to get a significant boost in frequency and reliability, after Transport for London wrapped up a successful test of new signalling over the weekend. Engineers from TfL and Thales worked on testing trains on a new computer-based signalling and control system between Hammersmith and Edgware [...]
Mayor Sadiq Khan takes control of West Ham United home ground London stadium due to Boris Johnson’s “financial mismanagement” December 1, 2017 Mayor of London Sadiq Khan has accused his predecessor Boris Johnson of “panicking” over the London Stadium transformation, and has taken control of the project – West Ham United’s home ground – “to put it on a more secure financial footing”. Khan today published an independent review into the mismanagement of the London Stadium by [...]
Mayor Sadiq Khan presses ahead with plans to extend the ultra low emission zone across London by 2021 November 30, 2017 Not content with rolling out the £10 T-Charge on older, more polluting vehicles in October, Sadiq Khan is now pressing ahead with plans to toughen up the capital’s ultra low emission zone (ULEZ). He said the extension of the zone could affect 100,000 cars a day, 35,000 vans, and 3,000 lorries. The ULEZ is an [...]
Donald Trump attacks UK Prime Minister Theresa May for speaking out against his Britain First re-tweet November 30, 2017 Donald Trump has hit out at Theresa May after she said it was wrong of him to re-tweet the far-right group Britain First. In a tweet, the US President said May should focus on the “destructive Radical Islamic Terrorism” within the UK rather than his activities on Twitter. .@Theresa_May, don’t focus on me, focus on [...]
Uber hack: 2.7m UK riders and drivers affected by huge data breach – more than half of all users November 29, 2017 Uber has revealed that 2.7m riders and drivers in the UK have been affected by a massive hack of data – more than half of its users in the country. It’s the first time any figure has been given for the UK specifically since the hack, in which information such as email addresses, names, and [...]
Transport for London blames Brexit uncertainty for surprise fall in passenger numbers November 27, 2017 Transport for London (TfL) has blamed an unexpected fall in passenger numbers on Brexit uncertainty and "economic factors affecting the whole of the UK". The transport body said in its draft business plan for 2018/19 to 2022/23: We have seen lower growth in demand for our services than previously forecast for this year, largely owing [...]
Citymapper runs into Transport for London’s Uber innovation buffer in private hire licence application November 21, 2017 One of the UK’s top startups is the latest to have its ambitions thwarted by London’s transport regulator, which has been accused of dragging its heels when it comes to supporting innovative new companies in the wake of its row with Uber. Citymapper has been left waiting months for approval for a private hire operator [...]