If Britain is to hit net-zero, we need the City to step up its green finance ambitions March 2, 2020 The unveiling of the COP26 Private Finance Agenda at Guildhall last week was a landmark moment for our climate change efforts as a nation. The annual UN conference, this year taking place in Glasgow, will convene global leaders to discuss the world’s most pressing issue. And as policymakers gear up for the pivotal event, it [...]
UCL to force students to relocate mid-semester February 29, 2020 Top London university UCL is under fire this afternoon for forcing residents of a postgraduate residence hall to move out of their student accommodation – with no guarantee of where they will be moving to. Earlier this week students at Hawkridge House in Kentish Town were emailed informing them that “a decision has been made [...]
One in five FTSE 350 firms warned about gender diversity February 29, 2020 A fifth of FTSE 350 firms have been warned about the lack of gender diversity in senior positions. The Hampton-Alexander review has written to 63 companies asking how they plan to improve gender balance. The government-backed review wants to see a third of board-level roles at the UK’s top businesses held by women by the [...]
Health officials hunting source of first coronavirus case spread within UK February 29, 2020 A man from Surrey has become the first person in the UK to be infected with coronavirus without leaving the country. Health officials are trying to discover how the man caught the virus despite not having been abroad recently, which is how the other 19 UK cases occurred. Medical officers are attempting to trace people [...]
London Underground workers to be balloted on tube strikes in pay row February 28, 2020 London Underground’s thousands of workers are to be balloted on tube strikes as the long-running dispute over pay continues. The Rail, Maritime and Transport (RMT) union has said it will ballot the 10,000 staff across the underground after more than a year of negotiating yielded no results. The union said London Underground had failed to [...]
Foxtons shares slip after profit takes Brexit blow February 28, 2020 Estate agent Foxtons has posted a 30 per cent drop in annual profit against the backdrop of last year’s Brexit uncertainty. Earnings before interest, tax, depreciation and amortisation (Ebitda) fell to £2.5m during 2019, a year-on-year decrease of 30 per cent from 2018’s £3.6m. The estate agent narrowed its loss before tax from £17.2m last [...]
Keir Starmer is reminding Labour what winning looks like February 28, 2020 For Labour members, the interminable leadership contest has been a never-ending ordeal. Increasingly desperate pleas from the candidates have been interrupted only by a line of unwatchable TV debates. For everyone else, it has barely registered. Coronavirus, floods, and the internal battles within Downing Street have far overshadowed the question (as Have I Got News [...]
DEBATE: Should the Heathrow expansion go ahead? February 28, 2020 Following a court ruling in favour of environmentalists, should the Heathrow expansion go ahead? Dr Adam Marshall, director general of the British Chamber of Commerce, says YES. Business communities across the UK will be bitterly disappointed that plans for a world-leading hub airport are now at risk. Without expansion, firms risk losing crucial regional connectivity [...]
The City must stop complaining and start talking about the opportunities of Brexit February 28, 2020 Too much of the discussion around Brexit’s impact on the City has treated it as something of an inconvenience that must be “managed”. This is perhaps understandable — business rarely likes change, certainly not on this scale. But it’s time that we start talking about the opportunities Brexit will present to the City. The conversation [...]
Court date set for Uber’s London ban appeal February 27, 2020 The court date for Uber’s appeal of its London ban is set for 6 July, with a judge deciding today that the capital’s largest taxi union can take part in the proceedings. Chief Magistrate of England and Wales Emma Arbuthnot ruled today that the Licensed Taxi Drivers’ Association (LTDA) are an “interested party” in the [...]