Addison Lee drivers to gridlock Mayfair on Tuesday May 22, 2016 Over 100 Addison Lee drivers are set to gridlock Mayfair’s Berkeley Square tomorrow during a major protest over a fall in pay rates. Members of GMB, the union for private hire drivers, will block the road outside the office of Carlyle Group, that bought Addison Lee for £300m in 2013. The union claims that Addison Lee, [...]
IMF head Christine Lagarde backs up Mark Carney in battle over a Brexit recession May 13, 2016 Brexit could push the UK into recession, hit wages, lead to higher prices and shatter London's status as the financial capital of the world, Christine Lagarde, head of International Monetary Fund (IMF) has said today, in the second high-profile Brexit warning in as many days. With less than six weeks to go until the EU referendum, – described [...]
May Day 2016: Protestors tear gassed in Istanbul while Jeremy Corbyn condemns anti-Semitism May 1, 2016 May Day protestors in Istanbul have been tear gassed as they marched to campaign for workers' rights. Turkish police fired tear gas at the protestors in the Turkish capital, as well as deploying water cannon, according to Agence France-Presse. The protest in Istanbul is part of a global movement to mark International Workers' Day. In [...]
London mayoral election 2016: Zac Goldsmith says Tube passengers face conditions worse than farmyard animals as Sadiq Khan says the Tories’ “Donald Trump approach” won’t work April 25, 2016 Conservative mayoral candidate Zac Goldsmith has warned commuters that they will face conditions on the Tube that would be illegal for farmyard animals unless there is further investment in the transport network. Speaking with less than two weeks until London goes to the polls to vote on Boris Johnson's successor, Goldsmith said that the situation passengers [...]
It’s crunch time for the European Union as multiple crises stretch union to the limit, says Economist Intelligence Unit April 21, 2016 The European Union is facing a multitude of crises that have pushed it to its limit, experts have warned. The region's problems are far from disappearing, and are instead being exacerbated by questions on issues such as freedom of movement, security and democracy. The report from Economist Intelligence Unit (EIU) comes ahead of the UK's [...]
Don’t fear falling tech firm valuations: This isn’t a repeat of the dot-com bust April 19, 2016 Is tech overvalued? Are we heading for another painful bust? If you only read the headlines and looked at the numbers, you might believe that. After reaching record levels, some tech startup valuations are falling. And with global economic conditions looking gloomy again, those valuations might drop further. Together with my partner Steve Schlenker, I [...]
Thousands turn out in Trafalgar Square for anti-austerity march April 16, 2016 A movement urging David Cameron to step down has drawn thousands of protestors to Trafalgar Square. The March for Health, Homes, Jobs and Education started at Gower Street this afternoon, with participants also demonstrating against the Conservative government's cuts. Trafalgar Square is absolutely rammed for #CameronMustGo #4Demands national demo #olsx pic.twitter.com/sQhgvak657 — Occupy London (@OccupyLondon) April 16, 2016 [...]
Londoners, take note: There’s going to be a huge anti-austerity march from Gower Street to Trafalgar Square this Saturday April 12, 2016 Londoners, take note – there's going to be another huge anti-austerity march in the capital this weekend, with thousands of people being bussed in from around the country to demonstrate against the Conservative government's cuts. The March for Health, Homes, Jobs and Education will take place on Saturday 16 April, with participants meeting at Gower Street [...]
EU referendum: One way Brexit could actually be good for UK fintech April 11, 2016 The UK's prospering fintech sector has been urged to speak up in favour of remaining in Europe ahead of June's referendum and largely backs staying. But, there could be one serious advantage to leaving the union, some experts suggest If Britain were to leave, there would be a greater opportunity for innovative technology startups to disrupt the world of [...]
EU referendum: City of London Corporation chief in Brexit warning to the capital’s fintech sector April 8, 2016 London's multi-billion pound fintech sector is being urged by the City of London Corporation to speak up in favour of Britain staying in the European Union. In a speech to be delivered on Monday, the Corporation's policy chairman Mark Boleat will say: “It is far better to have ‘entrepreneurs for Europe’ than ‘bankers for Brussels’ [...]