National Waiters’ Day: Unions protest outside Pizza Express, Grosvenor House Marriot Hotel over low pay May 21, 2015 Waiting staff are out on protest today in central London over low pay and claims that Pizza Express management are “pocketing an estimated £1m that should go to poorly paid staff”. Unite the union is organising the event, which began at midday on National Waiters' Day, outside the Leicester Square branch of Pizza Express. [...]
Unite boss Len McCluskey says Scottish Labour made Tory victory “certain” May 14, 2015 Len McCluskey, head of the Unite Union, says it is because of Scottish Labour that the Conservatives won the General Election. Speaking to Newsnight, he said party leader Jim Murphy had “made certain” that Labour would lose, and that he should now “leave the scene”. Support for the party plunged across Scotland last week, [...]
Business backs Sajid Javid over strike law reforms May 12, 2015 Business groups have rallied behind government moves to make big changes to strike laws. New business minister Sajid Javid said he will use his first days in office to tighten rules surrounding strikes, saying that the Tory government’s Queen’s Speech would introduce thresholds for strike ballots. Under the proposals, strikes affecting public services would need [...]
After an utterly disastrous election, is there a future for the Labour party as a political force? May 10, 2015 Chris Rumfitt, chief executive of Corporate Reputation Consulting, says Yes. There is no understating the scale of Labour’s defeat last week. Almost wiped out in Scotland, the party fared little better in England, where it barely made inroads into the Tories – even against the low water mark of 2010. But Labour can bounce back [...]
London Coffee Festival returns to Truman Brewery: Founder Ludovic Rossignol explains what it’s all about April 28, 2015 WHAT IS YOUR MISSION WITH THE LONDON COFFEE FESTIVAL? It’s all about elevating standards in the coffee industry and educating people about speciality coffee, as well as celebrating the vibrant London coffee scene and the shops that form its backbone. WHAT CAN PEOPLE EXPECT? The festival is now in its fifth year and has [...]
Brexit and the City: Business and Brussels – to stay or split? April 27, 2015 HSBC chairman Douglas Flint entered a political firestorm last week when he said Britain’s biggest bank was considering moving its headquarters out of the UK. Speaking at the company’s annual general meeting (AGM) in London on Friday, Flint said the bank was looking to relocate in part due to uncertainty over the UK’s relationship [...]
Funding Circle’s new funding round will value the London FinTech startup at $1bn April 2, 2015 Funding Circle is on the verge of closing a new round of funding which would value the London FinTech startup at more than $1bn (£674m) and see it join just a handful of UK tech companies with billion-dollar valuations. The peer-to-peer lender could close funding of more than £50m within weeks, including backing from Blackrock and [...]
RBS sees better-than-expected price for its Aldgate office block March 31, 2015 Bids for one of the Royal Bank of Scotland’s office buildings in Aldgate have entered a second round, with the taxpayer-owned lender set to gain a better-than-expected payout. The bank appointed advisory firm DTZ at the end of last year to sell Aldgate Union on Whitechapel High Street, with a guide price of around £85m. [...]
Wigglesworth backs controversial criticism of Lancaster by RFU boss March 26, 2015 ENGLAND scrum-half Richard Wigglesworth has conceded the criticism from Rugby Football Union chief Executive Ian Ritchie regarding his side’s Six Nations performance was entirely justified. Ritchie described England’s championship showing, at which Stuart Lancaster’s side recorded a fourth successive runners-up finish, as unacceptable and insisted there was no excuse for such a paucity of championships [...]
Anti-austerity riots in Frankfurt hit Central Bank March 18, 2015 THE OPENING of the European Central Bank’s (ECB) new €1.3bn (£940m) headquarters in Frankfurt was met with riots yesterday as demonstrations staged by so-called Blockupy activists turned ugly. Police vehicles and rubbish bins were set ablaze as police and protesters clashed, leading to dozens of arrests. Some 7,000 demonstrators took to the streets of Frankfurt, [...]