London Underground could face summer of strikes as Mick Lynch’s RMT re-ballots 10,000 members April 25, 2023 10,000 RMT members are set to be re-balloted for strike action today, in a continuing row over jobs and pensions which looks set to pile more misery on London commuters. The RMT, Transport for London and Sadiq Khan have been in a fierce dispute over the past year, after plans were announced to cut 600 [...]
Engineering firm Smiths unveils new chief as it hikes dividend and kicks off £100m share buyback March 26, 2024 Smiths Group is set for a change up at the top level after chief executive Paul Keel announced his departure with immediate effect.
Reshuffle as it happened: Braverman sacked and Cameron made foreign secretary November 13, 2023 Former prime minister David Cameron has re-entered government as foreign secretary, in a reshuffle which saw Suella Braverman sacked.
Deliveroo: Top bosses get first pay rise since tumultuous London IPO March 21, 2024 The top bosses at Deliveroo have been awarded their first pay rises since the company's float on the London Stock Exchange almost three years ago.
Daniel Korski QUITS Tory London mayoral race June 28, 2023 Tory London mayoral hopeful Daniel Korski has dropped out of the race to take on Sadiq Khan for City Hall following an allegation of historic sexual assault. Korski, who has seen support drain away after TV producer Daisy Goodwin accused him of groping her breast during a meeting in No10 a decade ago, announced the [...]
Haleon: Flu season and Chinese pain relief give GSK spin-out a boost May 3, 2023 A “strong” cold and flu season and the end of Chinese lockdowns contributed to a healthy revenue boost for Haleon, the spin-out of GSK’s consumer healthcare division. Organic revenues within the group were up 9.9 per cent, with operating profit hitting £627m – reflecting a large reduction in the costs of spinning out the business [...]
PPHE Hotels: Art’otel owner reports double-digit growth despite project delays August 29, 2024 Hospitality real estate group PPHE has reported double-digit growth despite delays to multiple hotel projects this year. Like-for-like total revenue growth at the LSE-listed company was up 4.3 per cent to £187.8m in the six months ended 30 June 2024, from £180m in the first half of 2023. The total revenue performance for PPHE’s London [...]
400 RMT workers at Hitachi to strike on Saturday until 1 February January 26, 2024 The RMT union, which is run by Mick Lynch, said its members on the route will walk out for five days, starting on the weekend.
Want the West End to survive? This is what retail needs from the Budget March 5, 2024 The Chancellor must not miss the opportunity presented by the Budget to help London's beleaguered retail sector, writes Ros Morgan.
London economy powers ahead of every other UK region as the capital shrugs off recession fears April 18, 2023 London’s economy is firing on all cylinders and has raced ahead of every other region in the UK as spending in the capital climbs to the highest level in a year, a new survey shows. According to NatWest and S&P Global’s regional purchasing managers’ index (PMI), businesses in London are performing better than in any [...]