New Islamic State propaganda video claims to show killing of five UK spies and warns David Cameron of attacks in the UK January 3, 2016 A new propaganda video for the so-called Islamic State purports to show the murder of five hostages the terrorist group says were UK spies. The 11-minute clip released by Isis features a masked man and a young boy both speaking English with British accents. Sending a “message for David Cameron”, the jihadist organisation threatens to [...]
Mind your fingers: Cheesegrater gets a scrub April 21, 2015 WINDOW cleaners on London’s second largest building, informally known as the Cheesegrater, use special absailing equipment to navigate the giant strucutre’s unique design. Last year some of the skyscraper’s 5-inch diameter bolts broke away from the edifice, prompting developer British Land to fence it off. The bolts cost £1m to replace.
More lettings at the Cheesegrater as new TSB owner Banco Sabadell takes two floors May 29, 2015 British Land and Oxford Properties, the developers behind the Cheesegrater (aka Leadenhall Building), confirmed three new lettings across seven floors of the building – including new TSB owner Banco Sabadell. Among the new signings are insurance giant Brit, which has signed a 15 year lease to occupy 66,300 sq ft across five storeys – 16 [...]
UK weather: Rising levels of surface water flooding put success of Flood Re insurance scheme at risk, warn academics February 8, 2016 The success of a reinsurance scheme designed to cut insurance costs for households with a high risk of flooding is in jeopardy thanks to rising levels of surface water flooding, academics have warned. According to a paper published today by Grantham Research Institute on Climate Change and the Environment and the ESRC Centre for Climate Change [...]
Is there a future for UK oil and gas? February 24, 2016 Alison Baker, head of UK oil and gas at PwC, says Yes. Times are tough. Over-supply in the market, lower for longer oil prices and the impending transition to a low carbon world, alongside cost management and working capital issues, are hitting the UK oil and gas industry hard. But it’s not the beginning of the [...]
British Land wins second tenant at London’s Marble Arch House July 14, 2014 BRITISH Land said yesterday it has secured its second letting at Marble Arch House in the West End after signing a deal with an industrials group owned by the Ukrainian-born US tycoon Len Blavatnik. Access Industries, which also operates from New York and Moscow, has signed a ten-year lease for all 4,500 square feet on [...]
British Airways €104m fine for price-fixing thrown out by EU General Court December 16, 2015 British Airways has reason to rejoice after a €104m (£75.8m) penalty imposed on it was thrown out by the General Court of the European Union today, on the grounds that the original decision contained contradictions. The airline company was originally landed with the fine following an European Commission decision in 2010 over allegations surrounding its role in an alleged price-fixing [...]
This Rock is not for turning: Why Gibraltar backs remaining in the EU May 18, 2016 There have been moments in recent weeks when polls on the outcome of the June 23 EU referendum have been so close that I have wondered if, just maybe, the 23,000 voters I represent as chief minister of Gibraltar might be the ones that swing the vote to Remain. Statistically, we represent a fifth of [...]
FTSE slide halted by BP’s £12bn US settlement – London Report July 2, 2015 BRITAIN’S top share index ended higher yesterday as oil major BP rose after reaching an $18.7bn (£12bn) settlement with the US government and commodity stocks tracked stronger crude oil and metals prices. BP rose 4.5 per cent, the top gainer in the blue-chip FTSE 100 index, after saying it had reached the settlement on the [...]
iPhone 6, 5s and 6s: Best-selling UK phones of 2015 reveals Britain’s love affair with Apple continues with Samsung Galaxy S6 slipping behind January 3, 2016 The UK’s best-selling mobile phones of 2015 have been revealed, and the top of the list is all Apple, Apple, Apple. Tim Cook will be pleased to learn that the country’s love affair with his company’s products shows no sign of letting up, as different versions of the iPhone make up no fewer than six [...]