Revealed: Final cost of ‘botched’ Garden Bridge project comes to £53.5m February 13, 2019 Backers of the failed Garden Bridge project are under fire after the "galling" costs of the scheme were revealed to have spiralled north of £50m. The Garden Bridge Trust, which managed the project since November 2015, was accused of “squandering public money” on the ill-fated venture, after Transport for London admitted that the project racked [...]
Screenshot: Will nightclubs really reopen in June? March 5, 2021 This week: **Media Moment of the Week: Telly’s still got welly **Will nightclubs really reopen on 21 June? **The BBC turns back time Media Moment of the Week: Telly’s still got welly In the age of Silicon Valley streaming giants and relentless references to “content” and “eyeballs”, it’s easy to forget that TV can, sometimes, [...]
UK coronavirus lockdown: Labour leader Sir Keir Starmer pushes for exit strategy April 15, 2020 Labour leader Sir Keir Starmer has called for transparency over when UK coronavirus lockdown measures will ease, as the government faces pressure over its care homes strategy. Starmer’s party will back the government’s likely extension of the coronavirus lockdown tomorrow. But he has said “there needs to be transparency” over how long the measures will [...]
London Assembly launches new probe into scrapped Garden Bridge project November 15, 2018 The Greater London Authority (GLA) is to investigate the scrapped £200m Garden Bridge project that was promoted under former mayor Boris Johnson. The GLA announced at an oversight committee this morning that it had set up a cross-party working group to scrutinise decisions on the Garden Bridge taken by the Garden Bridge Trust and Transport for London (TfL), [...]
Gambling firms pull TV and radio advertising during Covid-19 lockdown April 27, 2020 The UK’s major gambling and betting firms today said they will remove all TV and radio advertising for the remainder of the Covid-19 lockdown. Existing ad slots will be replaced by safer gambling messages, donated to charities or removed from broadcast for at least six weeks. The decision is aimed at protecting customers during the [...]
Sadiq Khan urged to end ‘culture of cronyism’ February 6, 2020 Sadiq Khan has been accused of presiding over a ‘culture of cronyism’ in City Hall after his night czar was paid an extra £1,000 for taking part in a drag act to mark the 2019 borough of culture celebration. The mayor gives £1.3m to the winner of London’s borough of culture which in 2019 was [...]
Revealed: 20 purchases that prove money can buy happiness July 22, 2019 They say money can’t buy happiness, but there’s no doubt retail therapy can help boost your mood. Now a survey has revealed the nation’s favourite pick-me-up purchases, showing how Brits like to spend their hard-earned cash over the summer months. Read more: Why families feel ripped off by overseas summer holidays The research, commissioned by [...]
The regulator’s intervention on car finance hides an underlying reality October 28, 2019 The UK’s car finance boom has been a cause for concern for some time now, and the regulator is finally cracking down on questionable practices. One common complaint of this sector has been the practice whereby a car dealer or broker will make commission on the interest rate of the loan. By setting a higher [...]
Garden Bridge Trust awarded £21m in contracts ‘prematurely’ and ‘recklessly’ October 15, 2019 Backers of the abandoned Garden Bridge awarded £21m in construction contracts before getting key land and building permits, according to a new report. The report, from the London Assembly’s Garden Bridge Working Group, details the “reckless” spending of the Garden Bridge Trust (GBT) and Transport for London (TfL) on the failed £53m project. Read more: [...]
Jeff Bezos sells $1.8bn worth of Amazon shares August 1, 2019 Amazon founder and chief executive Jeff Bezos has sold roughly $1.8bn (£1.5bn) worth of shares in his company over the last three days. Read more: Amazon founder Jeff Bezos unveils plans to send Blue Origin rocket to the moon Filings to the US Securities and Exchange Commission (SEC) revealed Bezos offloaded more than 900,000 shares [...]