Electoral Commission opens investigation into Brexit donor Arron Banks November 1, 2017 The Electoral Commission has opened an investigation into Leave donor Arron Banks. The probe will look into whether Banks breached spending rules during the EU referendum campaign. Banks told Sky News that the decision was politically motivated. Read more: Donor Arron Banks cuts ties with Ukip In October, the Electoral Commission fined a number of [...]
Brexit aviation progress facing turbulence as France and Germany eye business opportunities October 31, 2017 The outgoing boss of London City Airport warned today of the need to be aware of “vested interests” from European countries that have the potential to disrupt progress on post-Brexit aviation agremeents. London City’s chief executive Declan Collier said that despite the overall focus on the benefits of retaining a positive relationship between the UK [...]
Transport secretary Chris Grayling says ‘rapid progress’ is being made on post-Brexit aviation arrangements with third countries US and Canada October 30, 2017 Transport secretary Chris Grayling said today “rapid progress” was being made on securing fresh arrangements with third countries such as the US and Canada. He also stressed that it was “inconceivable” that planes will stop flying when Britain leave the European Union in 2019. “It’s not going to happen,” Grayling added. Speaking at the Airport [...]
London-listed firms warned they will be named and shamed on investor pay revolts in new public register October 25, 2017 A raft of London-listed firms will be warned this week of their inclusion in a new government-backed public register compiling investor revolts over pay, as well as corporate governance issues. The trade body for Britain’s fund management industry, the Investment Association, is writing to firms which recorded at least a fifth of shareholders opposing resolutions [...]
The Bucherer blue editions: Your most exclusive timepiece October 25, 2017 An exclusive collaboration with some of the world’s best watch manufacturers, Bucherer Blue Editions offers clients a distinctive selection of timepieces based on longstanding relationships bred from high expertise and a demand for something truly unique. With blue running as a central theme, this colour has long been an inspiration for artists – exhibiting inner [...]
If bitcoin isn’t a bubble, it’s a spookily good impression October 24, 2017 “Proper excited about Mobile Cryptocurrency! I’m in, get involved!” So tweeted Harry Redknapp last week about a ‘mobile cryptocurrency’ called electroneum. On reading it, we could not help but think of the song famously associated with one of the serial football manager’s former clubs, West Ham United. All together now: “I’m forever blowing bubbles …” [...]
The future may be powered by data, but it must be piloted by humans October 24, 2017 Of the six most valuable companies in the world, five are tech firms, whose worth is embodied less in physical assets than in intellectual property and customer data. Apple and Microsoft provide the tools to connect people, and to collect and process data. Google, Facebook and Amazon provide services, and in return accumulate more data [...]
MPs to hear from Heathrow boss and IAG’s Willie Walsh in evidence session to scrutinise impact of Brexit on aviation October 23, 2017 MPs will hold a one-off session next week to consider Brexit’s impact on aviation, after the industry has called for certainty on flying rights when Britain leaves the European Union. The Transport Select Committee has invited airline and airport representatives to the evidence session, including Heathrow boss John Holland-Kaye, and British Airways owner IAG’s chief [...]
BT pension deficit could reduce by £4.4bn as expectations of an interest rate hike mount October 23, 2017 BT’s troublesome pension black hole is set to reduce by billions of pounds as expectations of an interest rate rise mount, analysts said today. Previously, consensus opinion has been that BT’s retirement deficit would swell from £8.7bn to around £11bn. But in a report by RBC Capital Markets, analysts said BT’s shortfall could halve to [...]
Heathrow expansion and better broadband: Britain’s key infrastructure priorities from now to 2050, according to the National Infrastructure Commission October 13, 2017 The head of the National Infrastructure Commission (NIC) said today that Heathrow expansion is “perhaps the most serious infrastructure failure of all” as he sets out the most pressing needs for Britain from now until 2050. “We’ve spent 13 years talking about a new runway – it’s now time to get on with it and [...]