Chancellor Rachel Reeves delivered Labour’s first Budget in 14 years, announcing £40bn of tax rises, Central London Alliance comments
35 psychiatrists have warned Donald Trump’s mental state makes him “incapable of serving safely as President” February 14, 2017 Donald Trump may not be the most popular President ever to set foot in the Oval Office – but now a group of psychiatrists have warned his mental state is so unstable, he shouldn't be in the White House at all. A letter to the New York Times signed by 35 psychiatrists, psychologists and social workers [...]
Rolls-Royce made its largest ever loss last year February 14, 2017 Losses at aeroplane engine maker Rolls-Royce were worse than thought in 2016, with a loss of £4.6bn. The figures Analysts had mooted a pre-tax loss of £4bn – but in the event, the company racked up a pre-tax loss of £4.6bn in the year to the end of December, it said today, pushed down by [...]
The Founder director John Lee Hancock: “There are things about Ray Kroc I really admire” February 14, 2017 Released in UK cinemas this week, The Founder tells the story of the world’s best-known brand, McDonald’s – and how entrepreneur Ray Kroc wrestled the company away from its founders. We sat down with the movie’s director, John Lee Hancock, to talk burgers, unscrupulous business tactics and what he learned about leadership from Kroc. Your [...]
Quiz: How boring is your daily lunch choice? February 13, 2017 Not looking forward to lunch today? That's hardly surprising: a new study has found a whopping three-quarters of Britons eat the same lunch every day – with 58 per cent saying they've eaten the same thing for as long as they can remember. The study, by the New Covent Garden Soup company, found 81 per cent of [...]
Job openings in financial services just jumped February 13, 2017 If you're thinking about changing jobs, now may be the time to pounce, after new figures found the number of openings in the financial services sector almost doubled in January. Morgan McKinley's London Employment Monitor found the number of openings in the sector rose to 9,015 in January, up 81 per cent from the 4,980 [...]
For the first time, pensioners are better off than working households February 13, 2017 We all knew older generations are increasingly better off than their younger counterparts – but now a new study has found recent retirees are actually living on more than working households. Incomes across older generations have risen so fast, the average pensioner household now makes £20 a week more than the average working-age household. In [...]
London and the South East could get an inch of snow during evening rush hour tonight February 10, 2017 Brace yourselves: London could get as much as an inch of snow during evening rush hour tonight, after the Met Office issued a yellow warning for London and the South East. This morning it said showers in and around the capital could bring accumulations of 2cm-3cm, and warned commuters to brace themselves for disruption to [...]
Sigh. There’s going to be another British Airways strike this month February 10, 2017 Another day, another life-disrupting transport strike: today the Unite union announced members working for the company will stage a four-day strike, from midnight on 17 February to midnight on 20 February. It's the latest in a series of walkouts by cabin crew over low wages. The announcement was generously timed to coincide with the penultimate day [...]
“Don’t work for money” and 11 other devastatingly profound quotes from Tim Cook February 10, 2017 The wisdom of Apple chief executive Tim Cook may not be cited as often as his predecessor, but if there's one thing Cook's visit to the UK yesterday taught us, it's that he gives good quote. Yes, as Cook was presented with an honorary degree from the University of Glasgow before he headed off to [...]
Twitter shares sink at the open after yesterday’s $1bn selloff February 10, 2017 Twitter's share price sank further on the opening bell in New York today, after its results sent prices into a nosedive yesterday. Shares fell 3.6 per cent to 15.80 at the open, after they plummeted more than 12 per cent yesterday, wiping $1bn after the company's value. Its fourth quarter earnings, posted yesterday, showed revenues had edged [...]
