Waiting isn’t working for people seeking asylum in the UK December 4, 2018 It’s a Tuesday morning, and for many of us that familiar post-weekend dread remains, as we think about leaving our cosy beds for the glaring office lights. But mornings aside, working can offer so much more than a pay cheque – work can offer us a sense of purpose, inspiration, and the chance to connect with [...]
Transport secretary Chris Grayling could have done more to avert May timetable chaos, say MPs December 4, 2018 Transport secretary Chris Grayling should have been "more proactive" in averting the crisis that unfolded from the timetable upgrade in May, MPs have said. The Transport Select Committee said it was "not reasonable" of Grayling to "absolve himself of all responsibility" in the May timetable change, which resulted in widespread cancellations, delays and overcrowding. The committee [...]
Regulator the Financial Conduct Authority warns banks about moving business away from the UK because of Brexit December 3, 2018 Regulator the Financial Conduct Authority has written to banks warning them about moving business away from the UK because of Brexit. Banks have been opening European subsidiaries and moving staff to locations that will remain inside the EU post-Brexit such as Amsterdam, Frankfurt and Dublin to ensure they are able to service customers after the UK [...]
Court short: Will Brexit loosen the UK’s legal grip? December 2, 2018 Last Thursday, Russian oligarch Oleg Deripaska squared off against a fellow Russian businessman Vladimir Chernukhin in court 15 of London’s Rolls Building, while in court 28 two Romanian oil companies went toe-to-toe, and in Court 19 a Russian bank litigated against some of its former shareholders. London has developed into a pre-eminent international dispute resolution [...]
Bottoms up: Greene King heralds heatwave as profits and revenue grow in World Cup year November 29, 2018 Shares in pub owner Greene King ticked up in early morning trading as investors welcomed growing like-for-like sales in its pubs across the UK after a sweltering summer saw drink sales swell. The figures Statutory profit before tax grew 3.2 per cent to £127.7m in the pub chain’s half-year results, compared to the same six [...]
The number of British firms trading internationally jumped by 16,000 last year November 27, 2018 The number of British firms trading internationally rose by almost 16,000 last year despite Brexit uncertainty and London maintained its position at the top of the pile. British businesses trading abroad increased by 15,900 last year to 340,500, which now represents 14.3 per cent of total non-financial businesses in Britain, according to the Office for [...]
This Thanksgiving, President Donald Trump is thankful for himself November 23, 2018 US President Donald Trump has said that this Thanksgiving, he is thankful for himself. Asked by a reporter what he is most thankful for, Trump said in an interview that he was thankful for his family before going on to praise himself and the "tremendous difference" he said he has made to the US in the last [...]
Guest notes: Boatman’s analysis on Babcock should be treated with scepticism November 23, 2018 All the noise around Babcock and its financial woes have left me feeling distinctly uncomfortable. It’s not the fact that the company has issues, as do most outsourcers. My problem is with the source of the recent vicious bear raid on the business – the so-called Boatman Capital. It is a month since Boatman and [...]
Amazon launches Black Friday pop-up in Shoreditch after data leak hits UK customers November 22, 2018 Amazon has today opened a pop-up on London's Shoreditch High Street, just in time for Black Friday weekend. The Home of Black Friday pop-up store has returned to the capital after its debut last year, and is now located near Amazon's headquarters from Thursday 22 November until Sunday 25. The shop will feature hundreds of [...]
FTSE investor CLS Holdings strikes confident tone as occupancy rates improve November 22, 2018 Commercial investor CLS Holdings posted a fall in vacancy rates this morning, striking an upbeat tone in the wake of new leases and lower debt costs. The FTSE 250 firm said that the vacancy rate across its markets fell from 5.7 per cent to 4.3 per cent during the trading period between July and November. [...]