Sadiq Khan supports new London memorial dedicated to Muslims who fought in World Wars September 2, 2021 Sadiq Khan has backed plans for a new London memorial to recognise the contribution of Muslims who fought in the First and Second World Wars. The monument will be the first in the UK to pay tribute to the millions of Muslims who served in the British Armed Forces during the conflicts. The Mayor of [...]
CEO confidence in the global economy returns to pre-pandemic levels September 1, 2021 CEOs of the world’s largest businesses are increasingly optimistic about the global economy’s immediate prospects. Despite a slower ‘return to normal’ than expected, CEOs’ expectations have finally reached above pre-pandemic levels. The KPMG 2021 CEO Outlook found that 60 per cent of leaders are confident about the global economy’s growth prospects over the next three [...]
London Underground halfway back to pre-pandemic levels as Tube passenger return August 31, 2021 The number of passengers using the London Underground has hit about 50 per cent of pre-pandemic levels on weekdays for the first time since the start of the pandemic. Transport for London said it has seen a steady increase in use on the network over the summer and is preparing for further rises in September [...]
New record for UK data watchdog as it handed out £42m in fines last year August 31, 2021 The value of ICO fines issued in the past year was the highest on record at £42m, up 1,580 per cent from the £2.5m in fines issued the previous year, reveals research from RPC, the international law firm. The rise is driven by a £20m fine issued to an airline and an £18.4m fine to [...]
EU to remove US from Covid safe-travel list after spike in cases August 30, 2021 EU governments are set to blacklist American tourists from the safe travel list later this afternoon after a surge in US infections. American travellers face a ban on non-essential journeys and new quarantine restrictions. Whilst not automatically binding, the decision could set a precedent for new European restrictions on transatlantic travel after a summer of [...]
London ranked as one the most stressful cities in the world to drive August 30, 2021 London has been named as the eighth-most aggravating place to drive, scoring above cities like Bejing or Bangkok. Perhaps unsurprisingly, when in 2020, 18.5bn vehicle miles of traffic were travelled across the 9.2 thousand miles of roads in London. Nine out of ten drivers admit to feeling stressed or angry behind the wheel, according to [...]
Range of investors circle Teesside superport as offers could hit £2bn August 30, 2021 The battle to win a £2bn takeover of Britains fifth largest port, Teesside’s PD Ports, has gained the attention of numerous investors. The site which was recently awarded a low-tax freeport status has become a target for the Duke of Northumberland’s Northumberland Estates, Legal & General, Credit Suisse joined with the Pension Insurance Corporation. Teesport [...]
Low-traffic zones reduced as Ealing follows other London borough councils in scrapping car bans August 19, 2021 Low-traffic zones, a scheme to reduce traffic in residential areas have been a subject of controversy since they were first implemented in 2020. Harrow has already scrapped the majority of theirs, and now Ealing looks set to follow. The step in Ealing to challenge them follows major backlash against the zones and two local protests. [...]
McBride’s profit warning on lorry driver shortage sends shares lower August 19, 2021 McBride shares sunk at the open this morning after the cleaning products maker said profits would be significantly lower than expectations. The cleaning products maker warned that profits for the year to next June are likely to be 55 per cent to 65 per cent lower than the current market consensus of £19.7m for full [...]
Annual Covid-19 boosters may become a reality, says Moderna co-founder August 18, 2021 With governments around the world debating whether to authorise Covid-19 vaccine booster doses, Moderna co-founder Noubar Afeyan envisions a time when the shot could become routine. “Public health officials are going to have to decide if everybody should get a booster shot,” he said in an interview on Bloomberg TV today. “My guess is that [...]