Police carry out ‘controlled explosion’ at US embassy in London’s Nine Elms News A “controlled explosion” has been carried out by Metropolitan Police officers outside the US embassy in Nine Elms, London. It followed reports of a suspicious package outside the embassy. The police said in a statement: “We’re aware of speculation online about an incident in the vicinity of the US Embassy in Nine Elms. “Cordons are in place in the area as a [...]
Why ‘radical’ Jaguar rebrand is following in Apple’s footsteps Business Jaguar’s controversial rebrand has not been far from the headlines in the last few days, with online commentators slating the move as a “disaster”. The criticism came after the British manufacturer, which is part of the wider Jaguar Land Rover group, unveiled marketing slogans such as “delete ordinary”, “live vivid” and “copy nothing” earlier this [...]
Workspace: London flexible office firm’s profit up despite low occupancy rates Business Flexible office provider Workspace has continued to see an uptick in demand for lettings despite a slight downturn in occupancy rates. The business, which manages millions of square feet of office space across London, saw a 4.3 per cent boost in underlying rental income, bringing it to a total of £60.2m. In line with “good customer [...]
Starmer backs ICC’s arrest warrant for Israeli PM Netanyahu November 22, 2024 Sir Keir Starmer has backed the International Criminal Court (ICC) after it issued a warrant for the arrest of Binyamin Netanyahu. The court ruled the Israeli prime minister and his former defence minister Yoav Gallant are at risk of arrest if they travel to any of the 124 countries that are signatories to the ICC, [...]
Retail sales fall on Budget uncertainty before run-up to Christmas November 22, 2024 Retail sales fell by almost one per cent last month as cash-strapped Brits held back big ticket purchases amid a cloud of Budget uncertainty. The Office for National Statistics said this morning they dropped by 0.7 per cent in October, following a 0.1 per cent rise the previous month, which had been revised down from [...]
UK sanctions Dmitry Firtash and Isabel dos Santos as it ramps up crackdown on kleptocrats November 21, 2024 The UK has issued fresh sanctions against a series of “unscrupulous kleptocrats”, including Ukrainian oligarch Dmitry Firtash and Angolan billionaire Isabel Dos Santos, as it cranks up its crack down on corruption and dirty money.
Defence giant Thales faces UK bribery and corruption probe November 21, 2024 The Serious Fraud Office has launched an investigation into French defence giant Thales for suspected bribery and corruption. Authorities in the UK and France said they are carrying out a joint probe into the firm, which employs more than 7,000 staff in the UK. Thales is one of the government’s key defence contractors, and built hundreds of lightweight [...]
MPs flag ‘major concerns’ over errors in labour survey November 21, 2024 An influential group of MPs has taken aim at the UK’s national numbers body today amid fears that errors in its labour survey are hamstringing “accurate” economic policy making. The chair of the Treasury Select Committee, Meg Hillier – a Labour MP – wrote to the boss of the UK Statistics Authority, Professor Sir Ian [...]
Surge in government borrowing raises threat of more Reeves tax hikes, economists warn November 21, 2024 A sharp rise in government borrowing costs fuelled by pay rises for public sector workers and rising debt payments has raised the threat of future tax hikes, according to economists. Borrowing rose to £17.4bn last month, marking the second highest October figure since monthly records began, according to official figures. The Office for National Statistics [...]
Exclusive: European rugby chief leaves after 10 years with EPCR November 21, 2024 The Chief operating officer of European club rugby’s governing body Anthony Lepage is parting ways with EPCR after a decade, City AM can reveal. The news comes on the eve of the return of the Champions Cup and Challenge Cup, with Lepage set to move on to pastures new. He joined EPCR in 2014 as [...]