EU referendum: Downing Street refuses to deny it contacted British Chambers of Commerce (BCC) over John Longworth as Grassroots Out files FOI March 7, 2016 Downing Street refused to deny this morning that Number 10 officials contacted the British Chambers of Commerce (BCC) over former director general John Longworth's euroscepticism. "Of course Number 10 talks to business organisations regularly. But if you are referring to Mr Longworth’s decision to step down, that is entirely a matter for the BCC," the Prime [...]
Competition and Markets Authority (CMA) delays publication of retail banking review until August March 7, 2016 The Competition and Markets Authority (CMA) has confirmed plans to delay the publication of its long-awaited review into the retail banking market, saying today that the results of the probe will not be published until the end of the summer. In a statement this morning, the CMA put forward more recommendations to help customers understand [...]
EU referendum: Ex-British Chambers of Commerce (BCC) boss John Longworth is now a martyr to Brexit cause March 7, 2016 As George Osborne and German finance minister Wolfgang Schaeuble discussed the perils of Brexit on stage at the British Chambers of Commerce's annual conference last week, the organisation's boss was quietly pulling the pin out of a grenade on Sky News. John Longworth, the mild-mannered head of the BCC, gave an interview from the conference [...]
EU referendum: John Longworth steps down as head of the British Chambers of Commerce March 6, 2016 John Longworth has stepped down as director-general of the British Chambers of Commerce (BCC) with immediate effect. Longworth was suspended last week for expressing support for a Brexit. He told Sky News that "the UK would be better off taking a decision to leave the European Union". The BCC said the resignation was agreed mutually between Longworth and [...]
Crystal Palace 1, Liverpool 2: Pardew accuses Benteke of diving as Eagles’ Premier League woes deepen March 6, 2016 Fuming Crystal Palace boss Alan Pardew accused Liverpool forward Christian Benteke of diving as the powerful Belgium striker won and converted a contentious last-gasp penalty to consign the struggling Eagles to more Premier League misery yesterday. The Reds were awarded a stoppage-time spot-kick after a sliding Damien Delaney was adjudged to have fouled Benteke. While [...]
Npower to slash 2,500 jobs amid ongoing financial difficulties March 6, 2016 Big six energy supplier Npower is gearing up to axe 2,500 jobs this week, as the firm's German owner RWE attempts to turn around the ailing company. The announcement of the cuts across the RWE group and its partners is due this week, it was first reported by Sky News. Npower employees 11,500 people in Britain people, meaning the [...]
EU referendum: British Chambers of Commerce boss John Longworth suspended over Brexit support March 5, 2016 The British Chambers of Commerce (BCC) have temporarily suspended director general John Longworth for expressing support for a Brexit. Longworth was suspended following an emergency board meeting on Friday night, reports the Financial Times, following remarks which do not reflect wider feeling amongst many of the BCC's members. On Thursday Longworth became one of the first major [...]
Thanks to Landmark Place, you never have to leave the Square Mile March 3, 2016 Two new glass structures are set to join the banks, law firms and sky gardens that line the City’s riverside in the summer of 2018. Only this time, they’ll be housing wealthy residents who want to live on top of the financial district. A nine storey block will interconnect with an 11 storey block to [...]
Mastercard plots £1bn bid for Vocalink after banks told by regulator to give up stakes in payments handler March 3, 2016 Mastercard is plotting a bid for bank-owned payments handler Vocalink, it has been reported. Sky News said the credit card issuer has approached the board of Vocalink over a deal that could be worth up to £1bn. The approach comes shortly after the new payments industry regulator said Vocalink’s current ownership structure is "hampering competition and [...]
EU referendum: British Chambers of Commerce (BCC) boss John Longworth says Brexit would make Britain better off March 3, 2016 Britain would be better off outside of the European Union, British Chambers of Commerce (BCC) director-general John Longworth has said, becoming the first major business group leader to back Brexit. "With the reforms that we have received so far, the UK would be better off taking a decision to leave the European Union," Longworth told [...]