Bank junction in the City will come to a standstill this evening due to a cab drivers demonstration January 12, 2017 Cab drivers are planning to demonstrate in the Square Mile today, with police warning that there will be significant traffic problems for most of this evening as a result. Bank junction will be closed from 4.30pm, ahead of the protest action by United Cabbie Group (UCG), which starts at 5pm and runs until 6.30pm. The cab [...]
Oracle chief executive Safra Catz to take lead role in Donald Trump’s transition team December 15, 2016 US President-elect Donald Trump has added another business executive to his circle of advisers, with Oracle chief executive Safra Catz joining the executive committee of his transition team. Catz will remain at the California-based software giant, according to Reuters. She had been present at a meeting of technology business leaders earlier in the week at [...]
London black taxis vs Uber: This is cabbies’ big plan to save the industry – and they want the new Mayor of London on board April 4, 2016 London's black cab drivers want to offer superfast WiFi to passengers travelling across the capital and have taxi ranks outside every Night Tube stop as part of new efforts to keep the taxi industry competitive. Under increasing pressure from upstart Uber, a new group has been formed bringing together cab drivers, the company manufacturing black cabs – the London Taxi [...]
Deliveroo and Diageo team up to put the spirit in your holiday with new alcohol home delivery service December 14, 2016 Let's set the scene: You've just come home from work, set a cosy fire and put on your most ridiculous Christmas jumper. All you need to complete the evening is a festive drink, but to your shock and horror you find your drinks cupboard is seriously lacking. Now you'll have to put the fire out, [...]
Addison Lee is taking the fight against Uber to the Big Apple February 7, 2016 To an outsider Addison Lee might look like a company that’s losing momentum. Disruptive rival Uber has burst on to the scene, and defied recent attempts (in the UK, at least) to use the strong arm of regulators to clip its wings. But Addison Lee insists that it had a great Christmas, and the minicab giant [...]
The trends the world’s top firms are cheering March 15, 2017 Corporate fundamentals are now seen to be improving – in all regions and sectors. After three years of deteriorating sentiment, our annual Analyst Survey, encompassing the views of 146 equity and fixed-income analysts, has found there’s much more confidence among the world’s largest companies. Demand growth is back, and we find signs of reflation, rather [...]
The Mayor of London has opted to protect privilege not competition September 14, 2016 Sadiq Khan’s crackdown on London’s private hire industry is a sop to a privileged monopoly that distorts competitive markets and fails to defend consumer interests. As private hire services make inroads into London’s black cab monopoly, the case to protect them from decline and enforce consumer safety may sound reasonable. But Khan’s reforms go beyond safety and are [...]
Deliveroo denies data hack November 23, 2016 Deliveroo has been forced to deny that it has been targeted by hackers after an investigation found some customers were charged for food they had not ordered. A probe by the BBC's Watchdog show due to be shown tonight, found several examples of customers who were billed hundreds of pounds for food deliveries they did not [...]
Tech unicorn Deliveroo is planning to create hundreds of new jobs January 18, 2017 UK tech unicorn Deliveroo is planning to create hundreds of new jobs in London as it grows its business globally. The food delivery company will create more than 300 new positions, many of which it said will be in highly-skilled senior technical roles in areas such as software and hardware engineering, behavioural economics and algorithm development. The additions [...]
These two top tech bosses have been named advisers to Trump December 14, 2016 Donald Trump has added top tech firepower to a group of business leaders who will advise him on economic matters. Uber boss Travis Kalanick and the entrepreneur behind Tesla and Space X, Elon Musk, have joined the President-elect's Strategic and Policy Forum which will involve meeting with the President frequently. Read more: Move over Trump and [...]