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 [...]
Jeremy Corbyn’s shadow cabinet faces slew of resignations as Jonathan Reynolds, Stephen Doughty and Kevan Jones leave Labour’s front bench January 6, 2016 A slew of resignations from Labour's front bench has followed leader Jeremy Corbyn's first shadow cabinet reshuffle. Shadow rail minister Jonathan Reynolds, shadow foreign office minister Stephen Doughty and Kevan Jones, a shadow defence minister, are the first casualties of Corbyn's reshuffle, which concluded after over 30 hours of deliberations. Announcing the news, Reynolds said: "On reflection regarding yesterday's Labour [...]
Travel disruption and delays? Why letting your staff find a better commute is better for business January 4, 2016 Returning back to work on the first day post-Christmas will have been a return to travel disruption and delays for many commuters. But, even minor morning train delays can have a detrimental impact on the rest of the working day. The knock-on effect of train punctuality (or lack of it) is apparent in recently published research from the Open Data Institute and [...]
Back to work? Shock survey finds most of us are dreading returning to the office after Christmas and New Year January 3, 2016 Looking forward to going back to work after the Christmas break? Of course you are. But shockingly, the majority of people are less than enthusiastic about this prospect, with a full three in four workers admitting to feeling stressed about returning to their desk on Monday morning. (We can’t quite believe it either.) As the [...]