Gunpowder and treason? No, this time it’s a fatberg that has been discovered under Whitehall November 4, 2014 Fireworks' Night is nearly upon us, but instead of gunpowder and treason, a mega fatberg has been discovered right under Whitehall. In a sewer 10 metres below the centre of government, one of the city's biggest fatbergs – a series of huge congealed rocks made of fat, oil and even “everyday toiletry items” has [...]
Lynne Featherstone moves up after Norman Baker’s exit November 4, 2014 International development minister Lynne Featherstone has been promoted to minister of crime prevention at the Home Office, after Norman Baker quit yesterday. Featherstone will pick up the brief from her Lib Dem colleague who left the coalition after four-and-a-half years as a minister. Baker, whose resignation letter said working with Home Secretary Theresa May [...]
Women “don’t get paid after today” claims #EqualPayDay report November 4, 2014 If you're a woman, you might want to down tools for the rest of the year, because from now on you are effectively working for free. That's the argument of a report claiming that the gender disparity in pay has actually grown to such an extent that, including full and part-time workers, men earn on [...]
How many hours do you waste on the Tube? Millions every month… November 3, 2014 Has it ever felt like you are wasting your life away on public transport? Turns out that feeling might not be too far from the mark. Official figures show that Londoners lost a total of 7.1m hours on the Tube in the second quarter of this year – that's 47 per cent up on [...]
Apple could be about to issue its first bonds in euros November 3, 2014 Apple's share price rose this morning on reports that it is planning to issue more bonds, with a deal – potentially its first in euros – thought to be on the cards as early as tomorrow. Investors are expecting a call from advisers Deutsche Bank and Goldman Sachs today, the Wall Street Journal reports, [...]
Pulling sickies, badmouthing colleagues, lying, cheating and stealing: British workers are behaving badly November 3, 2014 How often do you pull a sickie? Less often than moaning about colleagues perhaps – but maybe not as often as you “borrowing” cheap items from the office? It seems we can be a pretty bad bunch when it comes to our behaviour at work – and that's only what our managers see us [...]
Could Ebola come to the UK? Woman patient tests negative at south London hospital November 3, 2014 A woman who was being tested for Ebola in a London hospital after returning from West Africa feeling unwell is free from the disease, the hospital has confirmed. The patient was admitted to St George's Healthcare NHS Trust in Tooting, south London, yesterday, triggering a series of protocols that have been put in place [...]
London Mining Marampa mine sold through pre-pack deal November 3, 2014 London Mining's Sierra Leona mine Marampa has been sold through a pre-pack structure, meaning a number of creditors will loose out. The deal, which was announced just over a week ago, sees Timis Corporation take on London Mining's assets and all staff will continue to be employed. When it entered administration last month, [...]
HSBC share price falls despite revealing lower-than-expected forex provision November 3, 2014 Shares in HSBC Holdings fell this morning after it revealed it has earmarked $378m (£236m) in provisions for the FCA's probe into its involvement in the foreign exchange scandal, lower than the £400m expected. The provision is the smallest sum announced by a bank so far. The group, which this morning posted pre-tax profits [...]
Mike Ashley positions former Newcastle United MD Derek Llambias as Rangers director November 3, 2014 Former managing director of Newcastle United Derek Llambias has been appointed non-executive director of Rangers, after being nominated by Mike Ashley's venture Mash Holdings. Llambias, who is a long-time associate of Ashley, had been acting as a consultant for the club after the sudden departures of chief executive Graham Wallace and finance director Philip [...]