How to quit with confidence: Everything you need to know about resigning March 12, 2015 If you follow these steps, you can quit your position with confidence. Have you landed a dream job at a rival company? If so, are you about to have that awkward conversation with your boss? Before dropping the bombshell, there are certain things that you ought to consider first. Notice and timing It is [...]
Here are the eight new 20mph zones that Transport for London is introducing this year March 12, 2015 London is about to get eight new 20mph zones as Transport for London attempts to cut road casualties by 40 per cent in the next five years. The first confirmed location will be Commercial Street in Tower Hamlets, with the limit coming into force in April. The pilot will run for 18 months and will [...]
France threatens TTIP as senate demands removal of ISDS February 5, 2015 The French senate is demanding that one of the most controversial parts of the Transatlantic Trade and Investment Partnership (TTIP) be removed. In a move that could put the future of the US-EU free trade deal in jeopardy, French senators on Tuesday opposed the inclusion of the Investor-State Dispute Settlement (ISDS). The ISDS is a [...]
Bank of England tight lipped on liquidity market probe March 5, 2015 Threadneedle Street was on lockdown yesterday, as Bank of England officials declined to give any details of potential fraud around its liquidity operations in the crisis years. A spokesperson for the Bank said it would not answer questions on speculation over which of the Bank’s schemes the alleged fraud relates to. “We are not getting [...]
HSBC says bye-bye to Bitcoin hedge fund Global Advisors December 1, 2014 HSBC will no longer work with the first regulated Bitcoin investment fund amid concerns about "money laundering risk". Hedge fund Global Advisors (GA), which is based on the island of Jersey, told the BBC that the British bank had ended the working relationship. Daniel Masters, founder of GA, said that the move will jeopardise plans to [...]
Autumn Statement 2015: George Osborne’s speech transcript in full including stamp duty, business rates and corporation tax announcements November 25, 2015 Mr Speaker, this Spending Review delivers on the commitment we made to the British people that we would put security first. To protect our economic security, by taking the difficult decisions to live within our means and bring down our debt. To protect our national security, by defending our country’s interests abroad and keeping our [...]
Espirito Santo Financial Group files for bankruptcy after Luxembourg court denies protection request October 9, 2014 One of the groups behind bailed out Portuguese lender Espirito Santo has filed for bankruptcy after it was denied protection from creditors. Espirito Santo Financial Group (ESFG), which once owned 25 per cent of the main banking group Espirito Santo, was denied protection by a court in Luxembourg last Friday alongside its subsidiary Espirito Santo [...]
FTSE 100 slips on weak British economic data – London Report January 6, 2015 UKâSHARES fell for a third-consecutive session yesterday, and the pound traded lower against the dollar, as weaker-than-expected economic data weighed on British assets. The blue chip FTSE 100 fell 0.8 per cent, or 50.65 points, to 6,366.51, bringing its three-day loss total to three per cent. The index fell two per cent on Monday, its [...]
New job? What to look out for when signing a contract January 4, 2015 Have you been offered a new job? It’s worth negotiating the key terms. Do you have the back to work blues? For many, the Christmas and New Year break is an opportunity to reassess your position. It may be that you feel you are being undervalued and aren’t getting a fair deal at work. [...]
London’s New Bond Street one of world’s 10 most expensive streets: Will Oxford Street catch up? November 19, 2014 New Bond Street has once again been named as London's most expensive street with its luxury retailers paying some of the highest rents in the capital – though it has got some competition coming from Oxford Street. The upmarket shopping street, which is home to the likes of Burberry and Louis Vuitton, saw prime retail [...]