Heathrow tunnel leading into airport blocked due to demonstration February 21, 2017 Access to Heathrow Airport has been disrupted due to an impromptu climate change demonstration this morning, with five activists arrested for their part in the protest. The police were called at around 08:25AM to reports that a tunnel near the airport had been blocked to traffic by protesters. Three cars were obstructing the tunnel, with three protestors [...]
HSBC profits plummet: This is how City analysts reacted February 21, 2017 HSBC announced a 62 per cent decline in profits for 2016 this morning, dipping to $7.1bn (£5.7bn) from $18.9bn the year before. Shares in the bank dropped 4.5 per cent at the open after HSBC revealed a series of one-off hits had eroded its bottom line last year. Here's what the analysts had to say: Shining example [...]
Unilever share price drops after deal talks with Kraft Heinz fall apart February 20, 2017 Shares in Unilever finished more than seven per cent lower today after talks around a potential deal with Kraft Heinz were called off over the weekend. The proposed takeover was revealed on Friday, sending FTSE 100-listed Unilever's share price up 15 per cent, and Kraft's up by 4.3 per cent in pre-market trading in New York. [...]
The Treasury wants to change plans for Royal Bank of Scotland to sell Williams & Glyn February 20, 2017 Royal Bank of Scotland confirmed today that it will no longer be required to sell the 307 branches that make up its Williams & Glyn network, after the Treasury stepped in to seek changes to its State Aid obligations. Shares in the lender were up by more than five per cent at the open, and [...]
There’s another anti-Trump protest planned for central London this evening February 20, 2017 Activists are planning another protest against US President Donald Trump in central London tonight. The demonstration will coincide with the House of Commons debate on whether the President should be granted a state visit to the UK. Tonight's action follows numerous other marches and protests against Trump in the capital, sparked in large part by the US leader's travel [...]
RMT and Aslef to ballot Night Tube drivers for strike action February 20, 2017 The RMT and Aslef unions said this morning they will ballot Night Tube drivers for industrial action over a "block on career progression". Both unions are protesting what they see as obstruction of drivers' career progression. Aslef has set a deadline of 10am on Thursday 16 March for the return of ballot papers. According to the [...]
Here’s how Twitter reacted to Donald Trump’s Sweden incident comments February 20, 2017 Donald Trump caused confusion over the weekend when he referred to an "incident in Sweden" while talking about previous terrorist attacks in Europe at a rally in Florida on Saturday. The US President told his audience to "look what's happening last night in Sweden" – prompting many to wonder what had occurred but seemingly gone [...]
Firefighters battling blaze at block of flats in Stockwell February 17, 2017 Firefighters are battling a blaze at a block of flats in Stockwell, south London. Six fire engines and 35 firefighters and officers have been deployed to tackle the fire in Portland Grover. Six fire engines and 35 firefighters and officers are tackling a fire at a block of flats in Portland Grove in #Stockwell [...]
These are the brands a combined Kraft Heinz and Unilever would own February 17, 2017 Kraft Heinz revealed today that it has approached rival consumer goods giant Unilever about a potential merger. While its initial approach was rebuffed, Kraft Heinz said discussions with Unilever are ongoing. If the deal goes ahead, the combined group would own over 600 brands. These are the household names involved in the potential mega-merger: Marmite [...]