Severe delays on Piccadilly Line “to prevent overcrowding” due to Victoria line issues January 16, 2017 There are severe delays on the Piccadilly line as Transport for London tries to prevent overcrowding at stations that overlap with the Victoria line. https://twitter.com/piccadillyline/status/820959080261058561 The Victoria line is experiencing serious disruption today due to an earlier signal failure at Euston station – emergency engineering works are taking place. Service between Highbury & Islington and Victoria [...]
Severe delays on Victoria line due to signal failure at Euston station January 16, 2017 Commuters are facing severe delays on the Victoria line this morning, with no service between Highbury & Islington and Victoria, as signal failure at Euston causes chaos on the rest of the line. https://twitter.com/victorialine/status/820931273967407104 https://twitter.com/victorialine/status/820912084636631041 Meanwhile, Seven Sisters station in north London is currently exit only to prevent overcrowding. https://twitter.com/victorialine/status/820915994545844224
Economists slam Oxfam report on billionaires vs the world’s poorest people January 16, 2017 Economic think tanks have once again rounded on the annual global wealth distribution findings from charity Oxfam. Ahead of Davos 2017, which kicks off tomorrow, Oxfam released a report claiming that eight billionaires own the same wealth as the 3.6bn people who make up the poorest half of the world's population. The Institute of Economic Affairs [...]
Feeling down this morning? It’s probably because today is Blue Monday – the most depressing day of the year January 16, 2017 If you're feeling a bit down in the mouth today, it might not be just the usual Monday blues – it's actually Blue Monday, supposedly the most depressing day of the year. It's raining, it's cold, it's dark (and getting darker, with the Piccadilly Circus lights going out this morning), and you're probably avoiding checking your [...]
Ray-Ban owner Luxottica agrees €46bn merger with French lens maker Essilor January 16, 2017 Ray-Ban maker Luxottica has agreed to a €46bn (£41bn) merger with French lens manufacturer Essilor. The Italian eyewear group and its French competitor announced that the combined group will be called EssilorLuxottica and will be listed in Paris – and is expected to generate revenues of more than €15bn. Under the terms of the merger, Luxottica's [...]
Goals Soccer Centres increased sales last year as more people turned out to play five-a-side football January 16, 2017 Sales at Goals Soccer Centres went up last year, with the company attributing its success to an improved customer experience due to more investment in upgrading its five-a-side pitches. The figures Group sales for the year increased by 1.3 per cent to £33.4m from £33m, with like-for-like sales growing by 0.6 per cent, which the firm [...]
Bank of America kicks off Wall Street bank results with strong performance in final quarter of 2016 January 13, 2017 Bank of America Merrill Lynch (BoAML) today revealed an increase in revenue, income and earnings during the final quarter of last year. The figures Revenue excluding interest expense was up two per cent in the quarter, to $20bn (£16.4bn) from $19.6bn this time last year. Net income jumped to $4.7bn from $1.4bn in the fourth quarter of 2015.The [...]
Labour MP Tristram Hunt quits to take up new role as director of Victoria & Albert Museum January 13, 2017 Labour MP Tristram Hunt is to step down and leave the world of politics, as he prepares to take on the role of director of London's Victoria & Albert Museum. The Stoke-On-Trent Central MP has been in talks with the museum for some time, according to PoliticsHome, which first broke the story. An announcement is expected [...]
And you thought 2016 was bad – Freddos are soon going to cost 30p January 13, 2017 As if we didn't have enough to deal with this Friday 13th, with Snowmageddon raging on (we're told), now Cadbury's owner Mondelez has delivered a shocking blow. The price of a Freddo bar will rise to 30p later this year. Yes, that's 30 British pennies. The recommended retail price for the beloved chocolate frogs will [...]
Mitchells & Butlers reports strong festive period with sales up 4.7 per cent January 13, 2017 Pub, bar and restaurant group Mitchells & Butlers has reported an uptick in sales during the first quarter of the year, citing a particularly strong festive period. The figures Like-for-like sales growth for the year-to-date increased to 1.7 per cent in the 15 weeks to 7 January, with trading over the festive period "particularly strong [...]