Parliament to debate quarterly tax updates after online petition receives more than 100,000 signatures January 13, 2016 People's dislike of filling in tax returns will become the topic of parliamentary debate in less than a fortnight after an online petition received more than 100,000 signatures. The petitions committee, which considers petitions submitted to petition.parliament.uk, yesterday scheduled a debate for a petition called "Scrap plans forcing self employed & small business to do 4 [...]
Alcohol limits: How much wine should you drink each week? Why science can’t give a straight answer January 13, 2016 The biggest story for many people last week was the new alcohol guidelines issued by the UK’s chief medical officers. In 1995, the recommended weekly upper limit for men was set at 21 units, or about eight pints. This has now been slashed to only 14 units. We might imagine that this drastic reduction is [...]
AO World post strong third quarter results as it says it is on track to launch in the Netherlands January 12, 2016 Electrical specialist AO World has reported revenue growing in the third quarter as it says the company is on track to launch in the Netherlands and progress has been made in Germany. The figures The company reported that UK revenue for the three months to the end of December were up 24 per cent year-on-year. Meanwhile, ao.com's revenue increased by 35 [...]
Morrisons’s share price soars 10 per cent as supermarket returns to growth after 16 quarters of decline January 12, 2016 Morrisons's share price soared 10 per cent this morning after posting better-than-expected Christmas results, as it starts to win back customers. The figures Like-for-likes excluding fuel were up 0.2 per cent for the nine weeks to 3 January – its first quarterly growth in 16 quarters – while total sales excluding fuel were down 1.2 per cent. This [...]
Francois Hollande’s economic adviser Laurence Boon joins Axa January 11, 2016 One of French President Francois Hollande's economic advisers has been snapped up by French insurance giant Axa. Laurence Boone, who was critical of Hollande's socialist government before being appointed, controversially joined Hollande's team of advisers in June 2014. She left a post at Bank of America Merrill Lynch Global Research to do so. “I am absolutely delighted that Laurence [...]
Multiple injuries reported in Parliament Square bus crash as London Ambulance Service declares it a “significant incident” January 11, 2016 The London Ambulance Service has declared a significant incident after three buses collided in Parliament Square this afternoon. A number of injuries have been reported and the collision has brought the area to a standstill. "Multiple resources" from the London Ambulance Service responded to the incident, which appears to have taken place near to some roadworks. Crews were [...]
London house prices: Rethinking high rise estate regeneration could create 360,000 more new homes January 11, 2016 We may have been doing regeneration wrong this whole time. There's a much better way to redevelop London's high rise housing estates that would increase the number of homes in the capital by several hundred thousand, a new report has found – all but solving the housing crisis. More than a quarter of a million extra homes [...]
Homes go on sale at former North London Post Office building in Islington January 8, 2016 As the historic North London Post Office, this 50,000sqft site in Islington delivered birthday cards, love letters and lists for Father Christmas. But next year, joint property developers Sagar Group and Cain Hoy hope they’ll be equally as successful at delivering a new housing, shopping and commercial district in the heart of one of London’s [...]
City Moves for 8 January 2016 | Who’s switching jobs January 8, 2016 Whistl Postal operator Whistl has appointed home delivery specialist Christine Key to grow its packets and parcel division. Previous roles held by Christine in the delivery sector include sales director at Yodel/ Home Delivery Network, sales director DPD/GeoPost UK and commercial director at Parcelnet. Earthport Earthport, the cross-border payment specialist based in London, has appointed [...]
London facing more Night Tube strikes as unions threaten action – while insiders believe project will “wither on the vine” January 6, 2016 Commuters are facing the prospect of more Tube strikes this year, after the dispute over the Night Tube flared up once again – with one union source telling City A.M. that the project may never get off the ground. Transport unions RMT and Aslef have both flexed their muscles with threats of further industrial action [...]