Amazon’s delivery drones could one day be dropping packages by parachute February 15, 2017 Amazon has filed another very interesting patent. At the end of last year, it was revealed Amazon had filed a patent for a flying airship warehouse designed to speed up drone deliveries. As you do. And now the US Patent and Trademark Office has granted the e-commerce giant a patent for a new way to deliver [...]
How does the UK rank in the world’s 50 most innovative economies? January 17, 2017 The UK lags behind 16 global economies when it comes to innovation, as Scandinavian countries plough ahead in pushing boundaries. The UK has grasped on to its spot at number 17 for the second year, however, in Bloomberg's 2017 Innovation Index, which ranks 50 of the world's economies based on six factors which indicate a recipe for innovation. [...]
Wizz Air boss says new base at London Luton Airport underlines airline’s “commitment to the UK” February 16, 2017 Low-cost airline Wizz Air has announced plans to open a UK base at London Luton Airport. The new base in Britain, its 28th in total, will open on 18 June this year with a new Airbus A320 aircraft. The carrier also plans to bolster its presence at Luton, where it is currently the second largest [...]
Plus500 confident it can deal with FCA crackdown and commits to London February 7, 2017 Spreadbetting firm Plus500 saw its shares jump three per cent today as the company indicated it was well placed to deal with regulatory pressures presented by the City watchdog. Plus500’s chief executive also told City A.M. that the London-listed company will not be seeking to shift resources away from the UK, despite Financial Conduct Authority [...]
The government’s tapping up Lloyds, Barclays and Google for digital skills March 1, 2017 The government is turning to private business, including Lloyds, Barclays and Google, to help the UK become skilled for the modern age with ambitious new plans. It has announced partnerships with the well known institutions to offer training in digital across the UK, to push forward the country's march towards a digital economy, putting these skills on a par with literacy [...]
Sadiq Khan to tell diplomats from around the world to reject Trump’s travel ban January 31, 2017 London mayor Sadiq Khan will tonight tell an audience of international diplomats to reject US president Donald Trump's harsh new restriction on travel into the US. Trump introduced a 90 day suspension on arrivals from seven Muslim majority Middle Eastern and African countries over the weekend, though the Foreign Office has claimed that British passport holders [...]
G4S share price jumps after revealing positive results and being buoyed by Trump administration prospects March 8, 2017 G4S shares flew this morning after posting revenue growth, revealing a strong pipeline and making progress against a company overhaul initiated three years ago. The group's chief executive also made upbeat comments about US President Donald Trump's economic plans, saying "what's good for our customers is good for us". [stockChart code="GFS" date="2017-03-08 08:37"] The figures [...]
The UK appears to be siding with America over Israel boycott – and here’s why that’s a good thing February 15, 2016 The British government is currently preparing legislation that will prohibit public bodies from adopting boycotts against Israel. Under the provisions of this new law, the government would be able to prosecute local councils, universities, students unions and a range of other state organisations should they attempt to boycott the Jewish state. While the movement lobbying [...]
UK firms warned trade with more than 40 non-EU locations will be disrupted post-Brexit, as current trade deals depend on EU membership February 13, 2017 UK firms are today being warned they might want to look further afield than the EU for areas where trade could be interrupted. The UK's current trade arrangements with over 40 locations, including South Korea, Switzerland and Mexico, are in place because of the country's EU membership, warns a report by law firm Clifford Chance and the Confederation of [...]
City Moves for 12 January 2017 | Who’s switching jobs January 12, 2017 White & Case Marc Israel has joined international law firm White & Case as a partner in the group’s global antitrust practice. Marc, who is a leading competition lawyer with more than 20 years’ experience, will support White & Case’s strategic focus on growth in London, especially on merger control work. Marc joins from Macfarlanes, [...]