Wall St closes higher, dollar drops as remarkable year winds down December 30, 2020 By Stephen Culp NEW YORK (Reuters) -Wall Street ended the session in positive territory and the dollar dipped to its lowest in more than two years on Wednesday, the penultimate trading day in a remarkable year of pandemic, recession and recovery. All three major U.S. stock indexes gained modestly, but short of all-time closing highs [...]
HMV Westfield reopens as new owner continues rental negotiations April 11, 2019 HMV’s Westfield store in Shepherd's Bush has reopened today, as new owner Doug Putman continues his efforts to negotiate with landlords in a bid to bring back stores that have been earmarked for closure. The Canadian entrepreneur has been striking deals with property groups to reopen closed outlets that were shut down as a result of [...]
Screenshot: How Reddit shone a light on the madness of markets January 29, 2021 This week **Media Moment of the Week: Das ist Numberwang! **How Redditors beat the market at its own game **Do influencers need a rebrand? Media Moment of the Week: Das ist Numberwang! This week’s media moment is one that journalists the world over would probably rather forget but, being the intrepid media reporter that I [...]
FTSE 100 falls and US stocks mixed as coronavirus cases rise October 27, 2020 The FTSE 100 fell in afternoon trading after a choppy morning session, while US stocks were mixed amid rising coronavirus cases and some worrying economic data. London’s main stock index was last down 0.8 per cent at 5,745 points, having also fallen yesterday. Read more:HSBC to overhaul business model and accelerate plan to slash costs [...]
With Crossrail at a standstill, what other London transport projects have been put on hold? April 24, 2019 Last year was a particularly trying year for transport. The botched May timetable change caused widespread disruption across the country, prompting infuriated passengers to lodge 1m claims against train operator Govia Thameslink alone. While the headline that sticks in the memory is the delayed opening of the £17.6bn Elizabeth Line, there are a number of projects [...]
Pfizer vaccine to be rolled out across 50 hospital hubs from next week December 2, 2020 Around 50 hospital hubs around England will start offering the Pfizer vaccine to patients and staff in care homes from next week, the chief executive of the NHS has announced. Speaking at this evening’s Downing Street press conference, Simon Stephens said the NHS would also start sending letters out next week inviting vulnerable members of [...]
Co-operative Bank to cut 350 jobs and close 18 branches after Covid hit August 25, 2020 The Co-operative Bank will lay off around 350 employees and shutter 18 branches as it struggles to deal with the economic fallout from the coronavirus pandemic, it said today. The lender said that record-low interest rates put in place to try to spur the economy had squeezed its income. “We are very sorry to announce [...]
Oriel College votes to take down Cecil Rhodes statue June 17, 2020 The governing body of Oriel College at Oxford University has tonight said that it has recommended that its statue of colonialist benefactor Cecil Rhodes be taken down. It also said that it would launch an inquiry into the issues surrounding the statue, which has been the subject of student protests for five years. In recent [...]
West End retailers go to town on promotions to ensure expected £150m Black Friday boost November 21, 2018 Retail sales on London’s busiest shopping streets are expected to see a £150m boost over the Black Friday weekend amid challenging conditions on the high street, according to a trade group representing retailers in the area. Sales are expected to equal those of last year among around 600 retailers on Bond Street, Oxford Street and Regent Street, [...]
Police charge 71 in relation to Extinction Rebellion protests as activists take over Parliament Square April 23, 2019 Police have charged 71 people in connection with ongoing Extinction Rebellion climate protests in central London. Read more: Climate change protest: Activists to march on Westminster The Metropolitan Police today said they had brought charges for “various offences” including blocking roads and obstructing police, as widespread protests continue this week. Activists have today gathered in [...]