Oil accelerates FTSE over 6,000 – London Report September 24, 2015 RISING oil prices helped the FTSE 100 crack back above the 6,000 mark yesterday, as energy stocks helped the London index climb. The FTSE 100 index, which had fallen 2.8 per cent in the previous session, closed up 1.6 per cent at 6,032.24 points. Oil prices stabilised yesterday as a decline in US inventories offset [...]
7/7 London bombings 10th anniversary: Timeline of the day that changed the capital July 7, 2015 It’s been 10 years since London was rocked by a series of bombs that brought the capital’s Tube network and roads to a standstill. On that day confusion reigned: at first it was reported that there had been a power surge. At one point as many as six explosions were thought to have gone [...]
Oil stocks drag down the FTSE ending its rally – London Report November 24, 2015 Traders’ concerns over miners and retailers yesterday pull down London’s main index, ending a week-long run. The FTSE 100 dropped 29.1 points to 6,305.5. Oil companies were struggled after Saudi Arabia indicated it will work to stabilise oil markets, sending the price pinballing. Producers ended lower, despite a late rally after the oil price bounced [...]
Reiss to ramp up expansion overseas after doubling full-year profits October 19, 2015 Family-owned fashion retailer Reiss has said it plans to ramp up expansion overseas next year by adding 40 new stores, after it revealed record sales and profits. The upmarket high street brand, a favourite with royals and celebrities including the Duchess of Cambridge and Olivia Palermo, said strong growth through its website and existing stores help drive a [...]
Brompton Bicycle moves up a gear with new factory in West London August 18, 2015 Commuters’ favourite folding bike Brompton Bicycle is opening a new manufacturing and distribution hub at SEGRO’s Greenford Park, in Park Royal, West London. At just over 86,000 sq ft, the unit will be transformed into a manufacturing and distribution hub where highly skilled craftspeople will continue to manufacture the bikes and accessories. Will Butler-Adams, the [...]
Where can I use Apple Pay in the UK? The A-Z of shops, restaurants and apps which will accept mobile payment with iPhone 6 and 6 Plus November 17, 2015 Apple launched its mobile payment service, Apple Pay, in the UK in its first mobile payment move beyond the US, capitalising on the boom in mobile and contactless payments among consumers. iPhone 6 and 6 Plus users can now pay with just the tap of a smartphone, or Apple Watch, across the high street and [...]
VJ 70 Day: A flypast including Spitfire, Dakota, Hurricane and Charles Dance reading Rudyard Kipling poem The Road to Mandalay among 70th anniversary of Victory over Japan commemorations August 14, 2015 A historic flypast, a drumhead service and military bands will be featured among a series of events to commemorate the 70th anniversary of the end of the Second World War through the Victory over Japan (VJ) tomorrow. The Victory over Japan – which effectively ended six years of warfare – was declared on 15 [...]
In a city where property is in short supply, why do buildings still lie derelict? November 27, 2015 From the top floor the Royal Docks’ Millennium Mills there’s a stomach-churning, 10 storey hole in the floor. It used to house a Rube Goldberg-esque, flour processing helter skelter back in the building’s heyday in the first half of the last century. Now it’s little more than a skeleton, stripped back to brick and concrete, [...]
Bank Junction is dysfunctional, dangerous, congested and polluting – but can be improved November 20, 2015 Quite simply, the Bank Junction is so busy that it is not possible to achieve effective traffic flows or safe pedestrian movement. At the morning peak hour 18,000 pedestrians, 1,600 cyclists, 1,400 cars and 220 buses cram into this restricted space, a space not worthy to form the heart of this great City. So what [...]
Royal Mail and miners weigh heavily on FTSE – London Report November 19, 2014 THE FTSE 100 ended a four-day rally yesterday as falling iron ore prices hit mining stocks and trading updates from Royal Mail and testing firm Intertek disappointed investors. Hit by its heavy weighting in commodity-related stocks, the blue chip index underperformed European peers, dropping 12.53 points, or 0.2 per cent, to 6,696.60 points. One of the [...]