Trade union blasts Tata Steel for delays over the sale of its Port Talbot operation June 21, 2016 A British steelworkers' union has launched a broadside on the "integrity" of Tata's sales process as reports emerge that the Indian giant is considering a break-up of its UK steel business. Almost three months after Tata announced plans to sell its UK assets, including Port Talbot steelworks, the Community union has lambasted the firm for a continued [...]
Ex-footballer John Barnes slams Michael Gove for wrongly claiming he backs Brexit June 21, 2016 Former England footballer John Barnes has hit out at the justice secretary and leading Leave campaigner Michael Gove for wrongly claiming he backs Brexit. Barnes said his views had been misconstrued after he said in an interview that Brexit would be good for English footballers. Gove previously claimed that the ex-Three Lions player wanted Britain to [...]
Bacon wraps, humblebrags and power paunches – 10 business jargon phrases for 2016 June 21, 2016 As anyone in the City knows, colleagues love a bit of blue sky thinking before close of play – and nothing beats touching base offline for a quick thought shower, unless of course none of you are singing from the same hymn sheet while you're trying to peel the onion. If you understood and agreed with [...]
Sky-high rents and business rates are driving London businesses from their traditional homes June 21, 2016 Rising rents in London are driving businesses out of their traditional hot-spots in the capital, as firms refuse to down-scale to stay in their old locations. Media companies, once happy in the West End, are now setting up shop in Clerkenwell, Farrington and Shoreditch, and accountancy firms are moving from Chancery Lane to Canary Wharf, according to [...]
The UK needs a global, connected capital city, and Brexit would put all of that at risk June 21, 2016 London is a connected, global city – an attractive place to work, do business, and to set up a headquarters. Central to that appeal are its bonds with Europe. We’ve always been a trading city, and there are historic reminders of that at London City Airport. Located in London’s Royal Docks, the steel tracks that [...]
EU referendum: Labour leader Jeremy Corbyn readies himself for Sky News appearance June 20, 2016 In his latest bid to shore up support for a Remain vote, Jeremy Corbyn will tonight take part in a Sky News debate, taking questions from younger voters. Having suspended campaigning after the tragic death of Jo Cox last week, Corbyn is to make a live television appearance ahead of the vote on Thursday. In [...]
London continues reign as unicorn startup capital of Europe June 20, 2016 London is home to more so-called tech unicorns than any other country in Europe adding two new startups to the billion-dollar stable over the past year. The capital is now home to 14 companies with the sky-high valuation, double the number of the next closest country, Sweden, which is home to seven. The UK is home [...]
EU referendum: Stock markets and currencies poised for unprecedented volatility before Brexit vote June 20, 2016 Financial markets are bracing themselves for one of the most volatile weeks of trading in living memory ahead of the EU referendum. Analysts said this week could unleash “chaos” on the stock markets, with volatility already sky-high and indexes across the world bouncing up and down on the slightest whiff of referendum news. Sterling, meanwhile, [...]
UKIP’s migrant poster comes under fire from both EU referendum campaigns June 19, 2016 Both the Leave and Remain sides of the EU referendum campaign levied strong criticism at Ukip's migration poster today. Prime minister David Cameron told an audience on BBC Question Time "there have been some moments like the Nigel Farage poster which I think are just wrong … it's an attempt to frighten people, to scare them [...]
The six best boutique and art hotels in Tel Aviv, Israel, from the eye-popping Artplus to The Montefiore June 17, 2016 Until about 2008, if you wanted to stay in Tel Aviv without slumming it, your options were limited to the hulking, ageing concrete corporate hotels lining the beach. Embarrassing, really, for a city so flush with style in art, design, food, and fashion. But in the last eight or so years, Israel’s biggest city has [...]