Iran tensions: Britain ‘could send military drones’ to Gulf September 2, 2019 Britain is said to be considering whether to send military drones to the Gulf as tensions with Iran continue to simmer, following its seizure of a British flagged oil tanker in July. The Royal Air Force (RAF) has a number of Reaper drones based in nearby Kuwait and operating in Iraq and Syria, which could [...]
Sajid Javid to meet City figures for talks on a no-deal Brexit September 1, 2019 Sajid Javid will meet key City figures tomorrow in a bid to persuade them that a no-deal Brexit could provide opportunities for businesses. The chancellor is to hold a meeting with the bosses of financial powerhouses such as Barclays, Goldman Sachs and the London Stock Exchange Group on Monday, which will also be attended by [...]
Michael Gove suggests government could ignore rebels’ anti-no deal law September 1, 2019 Cabinet minister Michael Gove has hit back at Tory rebels by suggesting the government could ignore any new law they pass to thwart a no-deal Brexit. Gove, who is in charge of the government’s no-deal Brexit preparations, was asked by the BBC whether the government would abide by any legislation that MPs might be able [...]
Williams Formula One team owner considering sale of engineering arm August 31, 2019 The owner of the Williams Formula One team, Williams Grand Prix Holdings, is exploring the possibility of selling its engineering arm. The company has been approached by several parties looking to acquire Williams Advanced Engineering (WAE) and a sale could raise tens of millions of pounds for the racing team, according to Sky News. Read [...]
Revealed: The office jargon buzzwords Londoners detest August 30, 2019 Did you get the memo? Business jargon is driving London’s workers up the wall. Yes, it appears that office workers spared a little of their bandwidth to feeding back on their most-hated phrases that pollute emails, meetings and general workplace chatter. Read more: Pensions jargon busted: your guide to the experts’ complex lingo Mobile business [...]
British Steel division sold to French engineering firm August 29, 2019 British Steel subsidiary TSP Projects has been sold to French engineering firm Systra in a deal that will save hundreds of jobs. The deal, which will see Systra take on the firm’s £70m-plus pensions liabilities, is expected to be announced by Systra and the Official Receiver tomorrow, according to Sky News. Read more: British Steel [...]
Dixons Carphone faces investor backlash over CEO share award August 29, 2019 Electrical goods retailer Dixons Carphone is facing an investor backlash over a share award handed to its chief executive despite a fall in the company’s share price. An estimated 15 per cent of the company’s investors are expected to oppose the remuneration report following a recommendation from shareholder adviser Institutional Shareholder Services, Sky News reported. [...]
Sadiq Khan vows to take on Uber ‘big boys’ in licence decision August 29, 2019 Sadiq Khan has vowed to take on the “big boys” at Uber when it comes to renewing its licence, which expires next month. The London mayor, who revoked Uber’s licence in 2017, said everyone must play by the rules if they want to operate in the capital. Read more: Uber poaches new UK boss from [...]
Self-cleaning homes and air taxis: What London will look like in 2069 August 29, 2019 Londoners might have to abandon veganism in the next 50 years as insect burgers become the capital’s next street food craze, according to a report that predicts underground skyscrapers and aquatic roads will reshape our capital. Researchers have also predicted that we will be playing “Quidditch-style” aerial sports matches. Though what the Health and Safety [...]
Goldman Sachs-backed broadband firm to buy rival from Talk Talk August 28, 2019 A broadband network backed by Goldman Sachs is in discussions to buy a Fibrenation, a venture established by Talk Talk. Cityfibre is among a small group of bidders in the running to take over the company, Sky News reported. Read more: Full fibre broadband will power our next industrial revolution Around three parties, including other [...]