EU referendum: London mayor Boris Johnson and Conservative mayoral candidate Zac Goldsmith back Brexit as City grandees call on City of London Corporation to stay neutral in run-up to referendum February 21, 2016 London mayor Boris Johnson declared his support for Britain leaving the European Union last night, in a move that exposed deep divisions in both the Tory Party and the capital. Johnson announced yesterday that he had “made up” his mind “after a great deal of heartache”, adding, “The last thing I wanted was to go [...]
Telecommunications giant BT expected to avoid being broken up from Openreach, in verdict due this Thursday February 21, 2016 BT is expected to avoid having its infrastructure arm Openreach carved out this week, following months of campaigning for a split by the company’s rivals. City A.M. understands the decision will be announced on Thursday in Ofcom’s Digital Communications Review, though will reportedly include requirements for minimum-service standards between Openreach and BT’s rivals Vodafone, Sky, and [...]
EU referendum: Mayor of London Boris Johnson will back Brexit and join Vote Leave as he advocates a new relationship with Europe based on trade February 21, 2016 The Mayor of London Boris Johnson will be backing the campaign for the UK to leave the EU. In a huge blow to Prime Minister David Cameron, Johnson said that while he "loves Brussels", he will be campaigning in support of Brexit. "There should be no confusing of the wonders of Europe, with the political project [...]
EU referendum: Prime Minister David Cameron pleads with mayor of London Boris not to join with Ukip leader Nigel Farage and former Respect MP George Galloway February 21, 2016 Prime Minister David Cameron has made a last-ditch attempt to woo mayor of London Boris Johnson into campaigning for Britain to remain in the European Union, pleading for the mayor's support on live national television this morning. "I'd say to Boris as I say to everyone else – we will be safer, stronger, better off inside [...]
EU referendum: Prime Minister David Cameron says EU leaders have a make-or-break opportunity to “settle” the issue of Britain’s EU membership “for a generation” February 18, 2016 Prime Minister David Cameron has said he is “battling for Britain” today as he urges European leaders to come to an agreement on reforming the UK's relationship with the European Union. Cameron said tonight that EU leaders have a make-or-break opportunity to “settle” the issue of Britain’s EU membership “for a generation”. "The question of Britain's place [...]
The Lord Mayor is taking too many overseas trips, according to a new City of London Corporation report by Sir Simon Fraser February 18, 2016 The Lord Mayor of London should cut down on the number of overseas trade promotion visits he takes, a new report commissioned by the City of London Corporation has recommended. The report, written by Sir Simon Fraser, a partner at consultancy Flint Global who previously worked at the Foreign Office and Department for Business, is aimed at [...]
UK housing crisis: The next problem area will be retirement homes February 17, 2016 Talk of the housing crisis conjures up images of first time buyers trapped by sky high prices, as their income is syphoned off into rent. But alongside the cash-strapped "generation rent", there's another age group at risk: the next crisis may well be in retirement homes. At the heart of the difficulties in residential care lies [...]
Economic think tank calls for Openreach to be carved out from BT as Ofcom deadline looms February 17, 2016 BT faces fresh calls for its broadband infrastructure arm Openreach to be hived off today, after economists at the Centre for Policy Studies (CPS) found the UK is falling behind international competitors. The CPS also has warned Britain's current broadband infrastructure market appears anti-competitive and Ofcom should refer the issue to the Competition and Markets Authority [...]
David Haye interview: I want as many people to watch me as possible, it’s hard to do that on pay-per-view February 17, 2016 Gowns, suits, and Eton-educated actors. For David Haye, such trappings will become as synonymous with the boxing as the Baftas by the time he’s finished with the sport. The former heavyweight champion of the world has already ripped up the rulebook following his return to the ring in January, bypassing the big sports channels and [...]
Why Liverpool FC scrapped its ticket price hike – and it’s nothing to do with “fairness” February 17, 2016 Who wants to watch the Scousers play football? Certainly no Mancunian, and probably no self-respecting Londoner either. Yet demand for tickets at Anfield, the home of Liverpool FC, is high. Indeed, there is excess demand: more people want to watch the games than there is room for in the stadium. In keeping with the precepts [...]