Tag: London

UK Woman Arrested Under COVID-19 Rules Before Being Murdered by Police: Court Hearing

The former British police officer who raped and murdered Sarah Everard in March kidnapped his victim by using his Metropolitan Police-issue warrant card to make a fake COVID-19 arrest, a court has heard. Everard, a 33-year-old marketing executive, was walking home in the evening on March 3 after having dinner at a friend’s house in Clapham, south…


Amazon UK to Hire 20,000 Temporary Workers for Christmas Season

LONDON—Amazon said on Tuesday it has started recruiting for 20,000 seasonal positions across the United Kingdom to cover upcoming peak trading times, which include Christmas, joining a battle for temporary workers in a tight labor market. The group, which has 55,000 permanent UK employees, said the temporary jobs would be in its network of fulfillment…


Britain Has 10 Days to Save Christmas, Retail Sector Says

LONDON—Britain’s retail industry warned the government on Friday that unless it moves to alleviate an acute shortage of truckers in the next 10 days then significant disruption was inevitable in the run-up to Christmas. As the world’s fifth-largest economy emerges from COVID-19 lockdowns, a spike in European natural gas prices and a post-Brexit shortage of…


JPMorgan Goes ‘Underweight’ on EM Currencies as China Risks Rise

LONDON—Investment bank JPMorgan turned ‘underweight’ on emerging market (EM) currencies on Friday, warning a slowdown of China’s economic growth, troubles in its property sector, and less supportive global monetary policy were all growing risks. “EM growth concerns from COVID-19 drags are receding, but risks that China’s growth slowdown, along with property sector drag, will impact…


UK Police Arrest Suspect in Murder of Teacher Killed on 5-minute Walk to Meet Friend

LONDON—British police said on Thursday they had arrested a suspect in the hunt for the murderer of a teacher who was killed in a London park as she made a five-minute walk from her home to meet a friend at a pub. Sabina Nessa, 28, left her home in south London just before 8:30 p.m….


Di Grassi Stays in Formula E With Venturi After Audi Exit

LONDON—The Venturi Formula E team announced on Wednesday the arrival of Brazilian Lucas Di Grassi, winner of the electric series’ first race, and one of only two drivers to have competed in every season since the start in 2014, from departed Audi. The 2016–17 Formula E champion, a former Virgin Racing Formula One driver, will…


Banks Expect London to Remain a Top Financial Centre, Says Survey

LONDON—London will remain a leading global financial centre despite uncertainty over regulation due to Brexit, Lloyds Bank’s annual sentiment survey of financial firms showed on Monday. Britain fully left the European Union, its biggest single export customer, in December last year, with thousands of jobs and billions of euros in daily trading moving from London…


London’s Financial Workers Flock Back to Office in Hot Commuter Crush

LONDON—There’s no free lunch in finance—except when banks are wooing workers back to the office. London’s financial sector, keen to return to a semblance of normality after the worst of the pandemic, is leading the charge to encourage employees back to their old lives, with some companies even offering free food and social events. It…


Cathay Pacific to Close London Pilot Base, Review US Bases

Hong Kong’s Cathay Pacific Airways Ltd will close its London pilot base and review the last remaining overseas pilot bases in the United States, the airline said on Thursday, as it grapples with the impact of coronavirus. The closure comes after Cathay put the London base under review in July and shut bases in Australia,…


Lloyd’s of London Likely Exposed to 10 Percent of Ida Losses, Chairman Says

LONDON—Lloyd’s of London is likely to be exposed to around 10 percent of the billions of dollars of insured losses from Hurricane Ida, its chairman said on Thursday, as the commercial insurance market reported a swing to a first-half profit. Ida, one of the most powerful hurricanes ever to strike the U.S. Gulf Coast, hit…