BP back in the black with headline profit of $115m in 2016 after cutting cash costs by $7bn February 7, 2017 BP said today that it's back in the black, after slashing costs during 2016. The figures Headline profit was $115m (£92.5m), compared with a loss of $6.5bn in 2015. The oil major said this year's results included a total of $4bn non-operating charges relating to the 2010 Gulf of Mexico oil spill. The group made a [...]
Delays on Hammersmith & City, Circle and Metropolitan lines due to a fire alert near Baker Street February 6, 2017 There are delays on the Hammersmith & City, Circle and Metropolitan lines due to a fire alert near Baker Street. There is no service between Wembley Park and Aldgate on the Metropolitan line, and there are minor delays on the other two lines. https://twitter.com/metline/status/828547386825900032 https://twitter.com/circleline/status/828549098651402242 https://twitter.com/hamandcityline/status/828549101843263488
National Sickie Day 2017: Today is the worst day of the year for absenteeism February 6, 2017 If you're reading this from home, after making a quick call to the boss to explain that you're too "ill" to make it into work this morning, you're in good company – for today is National Sickie Day. The Employment Law Experts (ELAS) estimates that 350,000 people will have called in sick today, costing the UK economy [...]
London travel disruption: Delays on the Central, Circle and Metropolitan lines this morning February 6, 2017 Londoners may have breathed a sigh of relief when they learned that the latest round of Tube strikes had been called off, but some commuters are still starting their weeks with a disrupted journey into work. On the Central line, westbound services are delayed because of a faulty train at Liverpool Street. https://twitter.com/centralline/status/828523735116308484 There are [...]
Oil refinery fire in south east London February 3, 2017 Firefighters have rescued two people from an oil refinery blaze in Erith in south east London. Six fire engines and 35 firefighters and officers are tackling a fire at an oil storage refinery on Manorway in Erith, and two people were rescued from the roof. London Fire Brigade was called at around 13.10pm, and fire [...]
French soldier shoots attacker near the Louvre in Paris February 3, 2017 A French soldier opened fire on an attacker near the Louvre museum in Paris this morning, in an incident that Prime Minister Bernard Cazeneuve described as "terrorist in nature". The soldier wounded a man armed with a knife who was trying to enter the Louvre. The man shouted Allahu Akbar (God is greatest) and attacked another [...]
Which bankers earn the most per hour? New research reveals all – and tells us what the best-paid non-City jobs are too February 3, 2017 It will come as no surprise that bankers are the highest earning professionals in London – but which field of banking is the most lucrative? The highest earners are M&A analysts, with an average annual total compensation of £70,000, according to salary benchmarking site Emolument.com. However, while traders earn less annually than their colleagues in [...]
Severe delays on Bakerloo and District lines after fire alert at Edgware Road February 2, 2017 There are severe delays on the Bakerloo and District lines this afternoon, following a fire alert in the Edgware Road area. There is no service between Piccadilly Circus and Queen's Park on the Bakerloo line at the moment. Meanwhile, on the District line there are severe delays between High Street Kensington and Edgware Road. Transport [...]
Severe delays on Victoria line due to a person ill on a train February 2, 2017 There are severe delays on the Victoria line this morning after a person was taken ill on a train earlier. https://twitter.com/victorialine/status/827077112704167936 Plans for a strike beginning on Sunday evening are currently still in place, despite talks held earlier this week aimed at putting a stop to further industrial action. Transport for London warned commuters today [...]
Shell share price moves up at the open as it maintains dividend and keeps capex at previously forecast levels February 2, 2017 Shell said today it will maintain its dividend and keep 2017 capex at previously forecast levels, after unveiling a massive jump in income. The figures Revenues for the full year fell to $233.6bn (£184.5bn) from $265bn, although it was up in the fourth quarter at $64.7bn, compared with $58.2bn in the final quarter of 2015. [...]