Labour mayoral hopeful Sadiq Khan wants to pedestrianise Oxford Street June 24, 2015 Sadiq Khan, a frontrunner for the Labour mayoral candidacy, has backed plans to pedestrianise Oxford Street as part of a campaign for cleaner air in the capital. He said he will turn the capital’s flagship shopping street and tourist attraction in to a one and a half mile tree-lined walkway, as he vowed to tackle [...]
Labour mayoral hopeful Sadiq Khan wants to pedestrianise Oxford Street. June 24, 2015 Sadiq Khan, a frontrunner for the Labour mayoral candidacy, has announced plans to pedestrianise Oxford Street as part a campaign for cleaner air in the capital. He said he would turn the capital’s flagship shopping street and tourist attraction in to a one and a half mile tree-lined walkway, as he vowed to takle London’s [...]
Rogue trader Kweku Adoboli released from prison after serving half his sentence June 24, 2015 A rogue trader who lost $2.3bn (£1.4bn) in unauthorised trading at UBS has been released from prison after serving out nearly half of the seven-year sentence he was given. Kweku Adoboli was arrested in 2011 and was found guilty on two counts of fraud in 2012. During his hearing, Southwark Crown Court was told Adoboli [...]
Bank of England monetary policy committee could split over timing of first interest rate rise June 24, 2015 One of the MPC’s nine members, Dr Martin Weale, has indicated that the Bank of England should be prepared to raise the cost of borrowing as early as August. The comments indicate the monetary policy committee could soon face a split over when to raise interest rates from the historic low of 0.5 per cent they [...]
Mayor of London hopeful Sol Campbell is an average Londoner who doesn’t own an Oyster Card June 23, 2015 After having presented himself as a different option from other candidates in his bid to become the mayor of London, Sol Campbell has revealed he may not be quite the average-Joe he claims to be after admitting he does not own an Oyster Card. In an interview with LBC radio station, the multi-millionaire explained to [...]
Zac Goldsmith officially announces he will run to be the Conservative candidate for Mayor of London June 23, 2015 Zac Goldsmith, the Conservative MP, has officially announced he will run to become his party’s candidate for Mayor of London. The MP for Richmond Park held a consultation with his constituents, in which they could vote on whether he could run for the position, before making an official announcement. Some 79 per cent, or 15,802, [...]
Greece and its creditors’ disagreements: Pensions, VAT and budget deficit will be the sticking points June 23, 2015 The challenging negotiations between Greece and its international creditors may well be entering the final throes – but no one is kidding themselves that the saga is over just yet. Although the latest proposals appear to be paving the way forward, there are three main sticking points – pensions, VAT and government spend against receipts [...]
Stunning image of the red aurora taken from International Space Station June 23, 2015 The American astronaut Scott Kelly posted these powerful images of the red aurora – or "red curtain" – on Twitter today. Day 87. The red curtain of an #aurora closes on another day. Good night from @space_station! #YearInSpace pic.twitter.com/NUyJkGKy9y — Scott Kelly (@StationCDRKelly) June 22, 2015 Aurora borealis is caused by cosmic rays, solar wind [...]
US Treasury secretary Jack Lew urges an agreement as Greek drama continues June 23, 2015 The United States has heaped on the pressure for a deal between Greece and its creditors with Jack Lew, the US treasury Secretary, holding phone calls with Greek Prime Minister Alexis Tsipras to push for an agreement in a “delicate” situation. "The Prime Minister had a phone conversation with US Treasury secretary Jack Lew in [...]
Paris and Budapest to bid for 2024 Olympic Games June 22, 2015 Two capitals of Europe, Paris and Budapest, are set to enter the race for the 2024 Olympic Games bid, with Paris’ bid to become official on Tuesday. The cities will join Boston, Hamburg and Rome, with the winning city to be announced in September 2017, by an International Olympic Committee (IOC) members vote that will [...]
