US to send troops into Saudi Arabia following oil attacks September 21, 2019 The US has revealed plans to send military forces into Saudi Arabia following the attacks against the country’s oil facilities last weekend. Speaking to reporters, secretary of defence, Mark Esper, said the deployment of troops would be “defensive in nature”. Read more: Oil prices post 6 per cent weekly gain despite last-minute dip It is [...]
Harriet Harman won’t ‘back down’ in bid to replace Speaker John Bercow September 20, 2019 Labour MP Harriet Harman has refused to “back down” in her bid to become the next House of Commons speaker after her constituency party spoke out against her running for the post. The Camberwell and Peckham constituency party voiced “disquiet” after she threw her hat in the ring to succeed John Bercow, who has said [...]
Trump denies reports he made promise to foreign leader prompting complaint September 20, 2019 US President Donald Trump has denied accusations that he made a promise to a foreign leader which sparked a complaint from an intelligence officer. The Washington Post has reported that the officer found it “so troubling” they felt the need to inform the department’s inspector general. Read more: Trump says he’s not thrilled with Fed [...]
The coolest homes to see this Open House London weekend September 20, 2019 This Saturday and Sunday, buildings across the capital will throw open their doors for Open House London, giving the public a peek into grand stately homes, imposing City skyscrapers and ornate government buildings. But also on the list are ordinary people’s homes, chosen for their unusual architecture or interesting interiors. Whether you’re looking for inspiration [...]
London Calling: London holds on to number two slot in financial centres ranking September 19, 2019 London has clung on to second place in a respected ranking of the world’s top financial centres but its position in the top tier is under threat amid Brexit chaos and other global geopolitical shifts. According to the latest financial index published by researchers at consultancy Z/Yen, London has retained its number two spot behind New York following a year dominated by geopolitical uncertainty and a US-China [...]
US markets fall while oil prices rise after attacks on Saudi supply September 16, 2019 Wall Street fell this afternoon after the weekend’s attack on Saudi crude oil facilities knocked out five per cent of the world’s supply. The attack on the world’s biggest oil exporter boosted oil prices by as much as 20 per cent before they eased off, as US President Donald Trump gave the green light for [...]
The ‘disaster capitalism’ Brexit conspiracy that goes right to the very top September 13, 2019 Confirmation bias: the tendency to interpret new evidence as confirmation of one’s existing beliefs or theories. We’re probably all guilty of it in our private thoughts, but the sin is magnified when it results in an “exclusive” piece of journalism making outrageous claims about corruption and market manipulation at the very top of government. But [...]
City Moves for 12 September – Who’s switching jobs at Riverstone, Bibby Financial Services and Cashflows Europe? September 13, 2019 Today’s City Moves includes Riverstone, Bibby Financial Services and Cashflows Europe. Riverstone Developer and operator of high-quality retirement living in prime London locations Riverstone has appointed Jason Leek as chief executive Officer. Jason joins Riverstone from London Executive Offices, a provider of central London luxury office and event space, where he was CEO. He previously [...]
ECSC shares rise as data breach fines get cyber consulting back on track September 11, 2019 Shares in ECSC rose more than three per cent this morning after the cybersecurity firm reported renewed demand for its consulting services division. Read more: ECSC revenues jump as it grows client base amid cybersecurity concerns The figures ECSC’s total revenue slipped marginally from £2.64m to £2.63m in the six months to the end of [...]
New Look sales drop due to ‘unseasonable’ weather September 11, 2019 New Look sales plunged in the first quarter as the retailer battled challenging high street conditions. The figures Core like-for-like sales were down 10.1 per cent, which the company blamed on lower footfall due to “highly unseasonable weather” and consumer uncertainty. Read more: New Look posts £500m loss as turnaround continues Total revenue was £238.3m in [...]