Hollywood actor Ryan Reynolds partners with Richard Branson to stock gin brand on Virgin Atlantic September 25, 2018 A gin brand owned by Hollywood actor Ryan Reynolds will be stocked on Virgin Atlantic flights. Aviation Gin will not only be available at 35,000ft but will also be served in Virgin Atlantic Clubhouses. Read more: CYBG's £1.7bn takeover of Virgin Money approved by shareholders Londoners can get a taste of the spirit, which [...]
Wealthy parents would pay just £4 an hour towards childcare under Labour, Jeremy Corbyn announces September 25, 2018 Wealthy parents would pay just £4 an hour towards childcare under Labour, Jeremy Corbyn is set to announce. The Labour leader will use his keynote conference speech on Wednesday to propose a massive subsidy of childcare for all parents – regardless of earnings. As well as extending 30 hours a week free childcare to all [...]
Facebook hit by $11bn wipeout from its market cap after Instagram founders quit September 25, 2018 Shares in Facebook have fallen by more than two per cent as markets opened in the US this afternoon, powered by the sudden exit of the two founders of Instagram. Facebook's share price fell as much as 3.2 per cent in pre-market trading this morning, before opening 2.4 per cent down to a total market value loss [...]
Uber launches 24-hour hotline for passengers and drivers following pressure from TfL September 25, 2018 Ride-hailing app Uber has launched a 24-hour hotline for drivers and customers following pressure from Transport for London (TfL) which revoked its licence last year. TfL took away Uber's licence on the grounds it was not a "fit and proper person" to hold a licence in the capital. The transport body took issue with Uber's approach to [...]
Patchy regulation prevents the world from reaping the full benefits of the markets September 25, 2018 Ten years ago today, the world woke to the news that yet another bank had collapsed. Washington Mutual was the latest casualty in what became the worst financial crisis since the Great Depression. Those events have cast a long shadow. Governments, businesses, and households have had to tackle the legacy of that crisis. As [...]
Keir Starmer: Labour won’t back Tory Brexit deal September 25, 2018 Labour plans to vote against a Theresa May Brexit deal, as the party attempts to define its position on backing a second referendum. Claiming the Prime Minister’s Brexit negotiations “are in a complete mess”, shadow Brexit secretary Sir Keir Starmer called for a general election if she fails to reach a deal or if a [...]
An election is the last thing we need – and voters would punish politicians for calling it September 25, 2018 Theresa May’s Brexit negotiations with the European Union are going very, very wrong, and there is now speculation that the UK could be heading for a snap election — cue eyerolls and yawns nationwide. Both the ruling Conservatives and opposition Labour party appear to be considering the possibility of a snap election as early [...]
Instagram’s co-founders quit their social media app September 25, 2018 Instagram’s co-founders are leaving the firm. Kevin Systrom and Mike Krieger are stepping down six years after Facebook bought their social media app for $1bn (£760m). The photo-sharing behemoth today boasts more than 1bn users, up from 30m at the time Facebook bought it, but the co-founders’ departure follows rumours of tensions between them [...]
Competition watchdog says proposed minicab cap would lead to fare hikes for Londoners September 24, 2018 The competition watchdog has criticised proposals to grant councils the power to cap the number of minicabs in the capital following a plea last month by London mayor Sadiq Khan. The Competition and Markets Authority (CMA) was responding to a government-commissioned review into taxi and PHV licensing after stakeholders suggested that current legislation was no longer fit for purpose. [...]
Theresa May says she trusts President Donald Trump despite Iran sanctions September 24, 2018 Prime Minister Theresa May has stood by the UK's special relationship with the US despite Donald Trump's decision to take his country out of the Iran nuclear deal, insisting she continues to have trust in the President. "Of course I listen to what the American president tells me," May replied when asked if she trusts Trump [...]
