Update: Firefighters put out blaze near Woolwich’s Royal Arsenal May 27, 2015 Update: Firefighters have put out a blaze at a Berkeley Homes building site on Arsenal Way, Woolwich this afternoon. Four fire engines and 21 firefighters and officers from Greenwich, East Greenwich and Plumstead attended the incident, and the fire was extinguished in just under an hour. Station manager Joe Kenny, who was at the scene, [...]
Queen’s Speech 2015: Everything we know so far including the EU referendum, devolution, Human Rights Act, income tax, housing and Scotland May 26, 2015 The Queen's Speech will unveil the Conservative government's policy agenda on Wednesday and having shed its coalition partner at the General Election, some pretty major shifts in policy are expected. Here are some of the top pledges expected to feature in the state opening of parliament tomorrow. EU referendum bill Having committed to holding an [...]
Flying off the scale: Fever-Tree’s Tim Warrillow talks malaria, crane strikes and private equity May 25, 2015 We're seeing a renaissance; it’s incredibly exciting. People are better educated and the market is growing and growing – and quite right too, it’s a great English invention.” Tim Warrillow is talking about the gin and tonic – something the co-founder of maverick drinks company Fever-Tree knows a fair bit about. The gin and [...]
Suzanne Evans quits Ukip policy role as “purge of the plotters” continues May 20, 2015 Ukip deputy chairman Suzanne Evans will leave Ukip's head office, following MEP Patrick O'Flynn's resignation as the party's economic spokesman. Read more: Ukip crisis: The best reactions so far to the Nigel Farage infighting – and that BBC "c**t" slip up Some suggested that the pair have suffered for trying to usurp former leader Nigel Farage with [...]
Lack of London office space drives a 24 per cent increase in office construction May 19, 2015 The amount of office space under construction in London rose by 24 per cent in the six months to the end of March, rising to 9.5m square feet. A report by Deloitte shows the improving economy is driving a rise in speculative building, with more and more office space available to let. A dearth of [...]
Diamond has a Yale of a time May 18, 2015 “NO ONE in the world I admire more than my dad,” tweeted Bob Diamond’s loyal daughter when, in the summer of 2012, the Barclays boss was being hounded out of the bank over the Libor-rigging scandal. Diamond was subsequently replaced by Antony Jenkins, of course, but now it seems that daughter Nellie may admire her [...]
City Moves for 19 May 2015 | Who’s switching jobs May 18, 2015 AIG AIG in the UK has appointed John McClelland to the new post of head of portfolio solutions, UK. He was most recently chief operating officer within AIG’s UK commercial lines division and has over 16 years’ experience. He started his career with Aon Marine, before working for GUD and joining AIG in 2005. BFP [...]
Employment picture brighter with wage growth up and jobless queue shrinking May 13, 2015 AVERAGE weekly wages excluding bonuses rose by an inflation-busting 2.2 per cent in March, official figures published this morning showed – a welcome relief for consumers. Meanwhile, unemployment fell to another post-financial crisis low of 5.5 per cent – the best figure since July 2008. The number of vacancies rose to 733,000 between February and [...]
Wage growth jumps again while unemployment falls to another post-financial crisis low May 13, 2015 Average weekly wages excluding bonuses rose by an inflation-busting 2.2 per cent in March, official figures published this morning showed – a welcome relief for consumers. Read more: Bank of England cuts UK growth forecasts Meanwhile, unemployment fell to another post-financial crisis low of 5.5 per cent (that's the best figure since July 2008), while [...]
Chuka Umunna joins the race to replace Ed Miliband for Labour May 12, 2015 SHADOW business secretary Chuka Umunna has officially thrown his hat into the ring to become the next leader of the Labour party. Umunna, the MP for Streatham, made the announcement in a video posted on Facebook yesterday. In the film, which appeared to have been made with a handheld camera, Umunna stood on a street [...]