21st Century Fox’s Sky takeover will be referred to CMA for in-depth investigation, culture secretary Karen Bradley confirms September 14, 2017 The culture secretary this morning confirmed she will refer Fox’s bid for Sky to the competition regulator for an in-depth, phase two investigation. Karen Bradley said she will refer the bid on the grounds of both media plurality and broadcasting standards. The Competition and Markets Authority (CMA) will now have 24 weeks to report back [...]
New Queensferry Crossing creating a catalyst for investment September 13, 2017 The royal opening of the Queensferry Crossing, signalled the successful culmination of the biggest infrastructure project in Scotland for a generation. Exactly 53 years since Her Majesty opened the adjacent Forth Road Bridge, The Queen officially cut the ribbon to open the £1.35bn Queensferry Crossing on Monday 4 September 2017. World-class engineering The new iconic [...]
What Jean-Claude Juncker won’t tell you about the real state of the EU September 11, 2017 On Wednesday, the president of the European Commission, Jean-Claude Juncker, will give his annual State of the Union address in Strasbourg. He will have you believe that all is well in the EU Land of Milk and Honey. But let us take a closer look at the real state of the EU. Read more: Barnier: [...]
Top Apps for Business Travel September 7, 2017 Whether you’re a fan of travelling for work or hate it with a passion, for many of us it’s a necessary part of life. Ensuring business trips pass smoothly can be in part down to the technology on-hand to help plan the journey, monitor the status and rectify any issues. Here’s a rundown of the [...]
Sweet deal: Challenger bank OakNorth lends £21m to Strawberry Star for Wandsworth development September 4, 2017 Property developer Strawberry Star has nabbed a tasty £21m from challenger bank OakNorth, to buy a site in Wandsworth to convert into luxury apartments and office units. Along with a further £4.9m of debt from RM Secured Direct Lending, the firm will use OakNorth’s loan to develop 77 residential units with a combined floor area [...]
Charter Court Financial Services is set to announce plans for £500m float in London | City A.M. September 3, 2017 Buy-to-let mortgage lender Charter Court Financial Services is expected to reveal a £500m initial public offering (IPO) on the London Stock Market, according to reports. The owner of Exact and Precise mortgage brands could announce plans for a float as soon as this week with a market value of about £500m, Mark Kleinman at Sky [...]
UK drone firm wins the backing of Japanese industrial giant Mitsui August 31, 2017 A UK-based drone company is set to receive a $4m (£3m) investment from Japanese conglomerate Mitsui. Sky Futures provides drone-based industrial inspection technology. With drones, companies can more safely inspect industrial equipment like oil rigs. The strategic partnership, to be announced today, is launched in tandem with Prime Minister Theresa May’s visit to Japan. It [...]
Are you at peak-boring? Here’s the age at which Britons are the most dull | City A.M. August 30, 2017 Are you at your most boring? It turns out it’s not those who are latest in life who are the dullest. Nor is it those in middle age. According to new figures, Britons are at their dullest aged just 37. The figures, by Airbnb Experiences, found women reach their least adventurous aged 35, while men [...]
This group of pro-Brexit economists says leaving the EU will add £135bn to economy August 20, 2017 A group of economists who backed Brexit have predicted that leaving Europe could add £135bn a year to Britain’s economy. Economists for Free Trade (EFT), formerly known as Economists for Brexit, calculate that a so-called hard Brexit would lead to a surge in national output worth around £5,000 a year for every household on average. [...]
Solar eclipse August 2017: How to watch if you’re in the UK or London – or it’s hidden by cloud August 19, 2017 Much hype has been made of this month’s solar eclipse. The only trouble for UK sky-watchers? It will only be visible in the US. But never fear: as we learned during 2015’s rain-soaked letdown, technology makes it possible for us Londoners to observe this celestial occurrence, without the need for those deeply unattractive eclipse glasses. [...]