The UK cannot afford to turn away skilled migrants March 27, 2018 Is Britain getting the workers it needs? It would seem not. As we near the end of March, the monthly visa cap for high-skilled migrants from outside the EU has been hit for the fourth month in a row, meaning thousands of qualified doctors, software developers, and engineers are being turned away from the UK. [...]
Jeremy Corbyn-supporting Jewish Voice for Labour is planning an anti-anti-Semitism rally March 26, 2018 Jeremy Corbyn’s supporters are organising a rally to counter the protest against the party leader’s apparent toleration of anti-Semitism. The original protest, organised by the Board of Deputies of British Jews and the Jewish Leadership Council, is scheduled to begin outside parliament at 5:30pm today. However, the Jewish Voice for Labour is organising a rally [...]
Jeremy Corbyn-supporting Jewish Voice for Labour is planning an anti-anti-Semitism rally March 26, 2018 Jeremy Corbyn's supporters are organising a rally to counter the protest against the party leader's apparent toleration of anti-Semitism. The original protest, organised by the Board of Deputies of British Jews and the Jewish Leadership Council, is scheduled to begin outside parliament at 5:30pm today. However, the Jewish Voice for Labour is organising a rally [...]
Last week in the City March 23, 2018 This week, China warned the US that it is not afraid of engaging in a trade war, the Federal Reserve hiked interest rates again, and Facebook shares plummeted after allegations that millions of users' profile data had been harvested. The FTSE 100 was down 3.5% over the course of the week by mid-session on Friday. [...]
Maplin job losses continue as administrators fail to find a buyer March 22, 2018 Maplin's administrators have announced further job losses this morning after failing to find a buyer for the business. The retail chain, which employs more than 2,000 people, was put into administration at the end of February. PwC has been handling the process, and today said a further 66 redundancies had been made at Maplin's head [...]
Russian ambassador: UK is in breach of Vienna Convention for blocking access to Skripals March 22, 2018 The Russian ambassador to the UK has implied the British authorities may have been behind the attack on Sergei Skripal and his daughter Yulia, adding the country is in breach of the Vienna Convention for blocking access to “our compatriot”. Speaking from London this afternoon, Alexander Yakovenko claimed it was suspicious that the UK had [...]
De La Rue (DLAR) share price falls after it loses out on contract for new British passport post-Brexit and mulls appeal March 22, 2018 De La Rue this morning confirmed it had missed out on the contract to design the new post-Brexit British passport in 2019 and said it was mulling its options, including whether to appeal. De La Rue’s chief executive Martin Sutherland told the BBC’s Today programme the company was “being undercut by a French competitor”, saying [...]
Facebook’s Mark Zuckerberg breaks his silence on Cambridge Analytica: “We made mistakes” March 21, 2018 Mark Zuckerberg has broken his silence over Facebook’s data scandal with Cambridge Analytica, saying the company “made mistakes”. The social media giant’s boss had been notably absent since allegations were made that data firm Cambridge Analytica mined millions of Facebook users’ personal data over the weekend. Today, in a Facebook post, Zuckerberg said: We have [...]
US fintech investor Motive Partners chooses Canary Wharf as its European base March 21, 2018 US growth investor Motive Partners has chosen Canary Wharf as a home for its new European hub. The firm, which focuses on fintech investments and has already made two deals, said it was “essential” to have a base in London due to its status as a fintech capital. “You can’t claim to be an important [...]
Shares in tech firm Micro Focus (MCRO) slump as it warns on faster revenue decline than expected and chief executive steps down March 19, 2018 Shares in UK tech firm Micro Focus slumped this morning after it warned that revenues had been falling faster than it had expected in January, and its chief executive was stepping down with immediate effect. Chris Hsu submitted his resignation “in order to spend more time with his family and pursue another opportunity”. Stephen Murdoch, [...]