Belfast has big plans to become the home of the Titanic and a top TV shooting location. But will that help the property market? November 2, 2018 A couple of weeks ago, a consortium of hedge funds clubbed together to raise $19.5m to buy bric-a-brac from the bottom of the ocean. At first glance, these 5,500 items bore no relation to each other; a bowler hat, the sleek curves of a bronze angel, a steel door. Their immense value derives solely from [...]
Last Week in the City: Amazon buys a pharmacy June 29, 2018 Garry White, chief investment commentator, looks at the market-moving events that have shaped the UK equity markets this week (25 to 29 June 2018). The FTSE 100 traded little over the week, despite a rally in oil prices. There was more bad news from the retail sector after The John Lewis Partnership warned on profits [...]
What is the cost of care? February 28, 2018 The number of people who require social care in later life is rising. What is the best way to prepare for this possibility and how can the costs be met? Nearly half of people in independent care homes fund it themselves at the same time local authorities are struggling to meet demand for care. How [...]
London mayor confident Crossrail 2’s revised funding plans will get government backing November 6, 2017 London’s mayor said today he was “quietly confident” that revised funding plans for Crossrail 2 will be green lit, despite the “onerous” challenge set by government for the capital to meet half the cost during construction. The Crossrail 2 team has submitted its revised funding proposals to meet the government’s request that London meet half [...]
A record 5.4 million passengers passed through Heathrow in February March 12, 2018 Nearly five and a half million passengers passed through Heathrow in February, as the airport repeated the need for it to expand quickly. Emerging markets in South Asia and Latin America increased by 12.7 per cent and 6.5 per cent respectively, while strong markets in North America and East Asia meant trade was up 5 [...]
Delivering the essentials, every day: In defence of the support services sector – and why not all firms are like Carillion February 6, 2018 Cleaning parliament, securing the perimeter fence at Britain’s atomic weapon’s establishment, feeding the nurses and doctors at the NHS’s busiest hospitals, repairing the telephone masts across our isle. These are all services provided by Mitie. We clean, protect, repair and care for the working and leisure environments that 5m people pass through every day. From [...]
Crossrail 2 faces timing crunch as government plans independent funding and financing review December 20, 2017 The planned timeline for Crossrail 2 could be pushed off track by a fresh funding hurdle as the Department for Transport (DfT) plans an independent financing review for the £31bn project. London mayor Sadiq Khan met transport secretary Chris Grayling this month for further talks regarding the railway which would serve stations throughout the south [...]
Cyber warriors – the frontline defence against digital attacks June 7, 2018 COMPUTER hacking, ransomware, data breaches, fraud: cyber crime is a bigger problem than ever, and is a concern for everyone, from the humble consumer to the largest of corporations. Cyber warfare has even emerged as the latest military battleground – attacks on government agencies have increased, and both China and Russia have been accused of [...]
Cyber warriors and digital crime – chief information officers reveal what is keeping them awake at night in new survey June 7, 2018 Computer hacking, ransomware, data breaches, fraud: cyber crime is a bigger problem than ever, and is a concern for everyone, from the humble consumer to the largest of corporations. Cyber warfare has even emerged as the latest military battleground – attacks on government agencies have increased, and both China and Russia have been accused of [...]
Crossrail gets a rejigged delivery schedule as rising costs and snow troubles put pressure on Elizabeth Line opening time March 13, 2018 Crossrail Ltd has drawn up a revised delivery schedule for the £14.8bn project after facing rising cost and schedule pressures, and disruption from this month’s severe weather troubles, it emerged today. The rejigged plans have been developed as part of efforts to ensure the Elizabeth Line opens on time in December. The Elizabeth Line will [...]