Banking fraud is the biggest cyber crime in Britain July 21, 2016 Banking fraud is the biggest cyber crime in the UK, accounting for two in every five of the nearly six million online crime incidents recorded over the past year. There were 2.5m online crimes involving banking; and credit accounts, while one million involved other types of fraud such as online shopping, new figures reveal. There were a further two [...]
The government is facing cross party condemnation after Theresa May refused to guarantee MPs a vote on Brexit October 12, 2016 Theresa May's government has been hit with condemnation from MPs across political parties after the Prime Minister refused to guarantee a parliamentary vote on Brexit. Speaking at Prime Minister's Questions, May suggested that, despite a concession on today's debate to support proper scrutiny of Brexit talks, a vote in parliament remains unlikely. Noting opportunities for MPs [...]
The big business class-only problem: Why high-end services like La Compagnie don’t take off in Britain September 7, 2016 Sir Richard Branson’s trademark “devil may care” attitude is evident when he talks about founding Virgin Atlantic. He has said: “In the ’80s my gut feeling was that airlines were crap. I hated spending time on planes. I thought we could create the kind of airline I’d like. So we got a secondhand 747 and [...]
The best political reactions to Mark Carney’s decision to stay at the Bank of England to 2019 October 31, 2016 Mark Carney today revealed that he would remain as governor of the Bank of England until 2019, adding an extra year to his original plan of a five year stay. It means his tenure still falls short of the original offer of an eight year role, but still adds to Carney's long held plan to [...]
Autumn Statement 2016: Looming dangers demand an urgent rethink of monetary policy in Britain November 21, 2016 A widely-held, but erroneous, view is that low interest rates act invariably as a welcome, unambiguous boost to business, consumers and the economy. Nonetheless, it seems almost incredible that the Bank of England has maintained an emergency rate since March 2009. The granting of (notional) independence over monetary policy to this institution has allowed politicians [...]
British astronaut Tim Peake touches down after six months in space June 18, 2016 Tim Peake has successfully touched down after his six month stint on the International Space Station (ISS) this morning, completing a mammoth return journey with a smooth landing in Kazakhstan this morning. The British astronaut, who arrived on the space station in December, landed at 10.15am this morning after a journey which lasted around three hours, but which [...]
British Airways flight BA356 to Nice declares emergency due to landing gear fault August 23, 2015 British Airways flight #BA356 to Nice has returned to Heathrow after declaring an emergency. The Airbus A320 jet left the London airport at 18:00 and was due to land in the France city two hours later. But after experiencing a technical fault, it started making circuits over Surrey and joined the queue to [...]
Heathrow expansion will gift the whole UK a skills renaissance October 31, 2016 I’m very pleased to have been invited to chair the Heathrow Skills Taskforce, and to take on the challenge of developing the skills needed to make Heathrow expansion an inclusive training and employment opportunity for Britain as a whole. The Taskforce is made up of experts from schools, colleges and universities as well as employer and [...]
Scalpel tower in the City appoints CBRE as leasing agents as search for tenants kicks off November 9, 2015 CBRE has been hired as leasing agents on the Scalpel skyscraper in the City, as the search to find tenants for the 35-storey development in London’s insurance district gets underway. The property advisory firm will partner with Cushman & Wakefield, filling the gap left by the latter’s merger with DTZ, the previous joint agent. The 190m-tall [...]
Whitehall needs to get its Brexit act together August 15, 2016 The official website of Chevening House, the country residence of the foreign secretary, still lists Philip Hammond as the present occupier. That they have yet to update the site since Boris Johnson took over as the UK’s most senior diplomat is perhaps a reflection of the confusion caused by Theresa May (somewhat mischievously) asking Boris to [...]