Single Market access must be maintained for sake of the City, report argues January 9, 2017 Access to the Single Market must be maintained for the sake of the financial sector, argues a new report, details of which have been revealed today. In particular, the draft of the report from financial industry body International Regulatory Strategy Group (IRSG), which has been produced by law firm Hogan Lovells and lobbying group TheCityUK, warns [...]
Single Market blues: The pound’s fallen to its lowest level against the dollar since October January 9, 2017 The pound today fell to its lowest level against the dollar since October last year, after comments by Theresa May caused investors to shy away from the currency. The pound plunged one per cent to $1.2122 in afternoon trading. It also fell more than one per cent against the euro, to a day-low of €1.1491, [...]
Low-cost airline Norwegian names flying pioneer Amy Johnson as its second British tail fin hero January 9, 2017 Aviation pioneer Amy Johnson follows in the footsteps of Roald Dahl as the second British face to feature on Norwegian's tail fin. The pilot has been named as the airline's second British tail fin hero, with her portrait set to appear on two Norwegian aircraft later this year. The airline has a raft of well-known figures on its [...]
Yes it’s going to snow in the UK this week – just not in London January 9, 2017 Snow and sleet are set to hit Britain as temperatures plummet towards the end of this week – but it looks like the capital will miss out on snow. Londoners should expect “nothing significant” from the weather, the Met Office said today – with temperatures in the capital remaining around the four or five degrees [...]
London Tube strike January 2017: Clapham Junction station evacuated due to overcrowding January 9, 2017 Clapham Junction station has been evacuated this morning due to overcrowding related to today's Tube strike. Southern Rail and SouthWest Trains services are not calling at the station, ⚠ #ClaphamJunction station has been evacuated due to overcrowding. Services are currently not calling — Southern (@SouthernRailUK) January 9, 2017 #ClaphamJunction There are currently NO trains stopping [...]
How boutiques have snatched bankers and M&A business from the Wall Street giants January 9, 2017 With bonus season kicking off this week, one or two investment bankers at Wall Street heavyweights may well have cast an envious eye over the recent results of London boutique Robey Warshaw. The firm, which was founded in 2013 and has three former Wall Street bankers as its partners, reported profits of £36.6m for the year [...]
Ryanair boss Michael O’Leary: Voters were “lied to” by Brexit campaigners over staying in the Single Market January 8, 2017 Michael O'Leary hasn't shied away from criticism of Brexit, and has warned the impact on the airline industry could be substantial. He said people were promised they could leave the EU and stay in the Single Market. "It's now absolutely clear that they were lied to by the exiters. That offer is not on the [...]
Theresa May is hinting at the end of the UK’s Single Market membership January 8, 2017 Prime Minister Theresa May has suggested the UK will give up its Single Market membership in Brexit negotiations, with the European customs union participation also expendable. May appeared to take a swipe at Remain campaigners who want the UK to keep hold of "bits" of EU membership. "We are leaving. We are coming out. We are not [...]
Theresa May on the NHS, Sir Ivan Rogers and Brexit negotiations January 8, 2017 Theresa May has insisted the government is not "muddled" over Brexit and will unveil her plans in the coming weeks. In a wide-ranging interview, her first of 2017, on Sky's Sophy Ridge on Sunday show she also hit back at claims the NHS is suffering a humanitarian crisis. She said she believes she can still get [...]
Opinion: Agents are turning into party planners to entice buyers and investors to buy new homes in London January 6, 2017 Last year marked a shift in the central London market. The buyers are still out there – only now they have a broader choice of new homes to buy. This poses a challenge for developers: how do you target a particular group of buyers with precision and make them remember your homes above all the [...]