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Government pledges £3.5bn to help fix crisis - but innocent victims STILL face massive bills

Politicians and campaigners angrily rejected long-awaited Government plans to end the cladding scandal yesterday as a betrayal of innocent leaseholders. Housing Secretary Robert Jenrick pledged a further £3.5billion to help end the safety crisis following the 72 deaths in the Grenfell disaster. More than a million leaseholders face bills of up to £115,000 to fix unsafe homes. Mr Jenrick told the Commons that those in blocks over 18 metres (60ft) high would no longer have to pay to replace fla...
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City Moves for 9 February: Who is switching jobs in the Square Mile this week?

City Moves for 9 February: Who is switching jobs in the Square Mile this week? Despite the Covid-19 pandemic the City is still buzzing with hiring activity... just via Zoom and MS Teams City Moves provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. This week hosts movements over at Big Four auditor Deloitte, JP Morgan, HMRC and PE firm Dean Street. Meanwhile, green London housing ...
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Source: cityam.com

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Survivors remember IRA Canary Wharf bombing 25 years on

Bleak remembrance for Canary Wharf bombing 25th anniversary - Credit: DVA Survivors have been marking the 25th anniversary of the February IRA bombing of Canary Wharf with a bleak remembrance for the two men killed and 100 other people badly injured.  Wreaths were laid at the spot in South Quay where a lorry packed with Libyan-supplied semtex exploded, wrecking the Midland Bank tower.  The blast shattered a news kiosk where Inam Bashir and John Jefferies were killed.  Many others were ba...
John Jefferies Aazim Ihsan Jonathan Ganesh Inam Bashir Ihsan Bashir Docklands Victims Association

Campaigners renew IRA Docklands bomb compensation call on 25th anniversary

Victims of the IRA London Docklands bombing have vowed to keep fighting for compensation as they mark the 25th anniversary of the tragic blast. A small number of socially-distanced survivors released doves at the spot as they commemorated the February 1996 bombing which killed two people and injured others. Jonathan Ganesh, president of the Docklands Victims Association, organised Sunday’s ceremony, which took place ahead of the anniversary on...
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Source: msn.com

MARKET REPORT: Barratt builds on record sales by restoring dividend

Savers and pensioners were given a boost after housebuilder Barratt Developments reinstated its dividend. Record sales allowed the group to set aside a half-year payout of 7.5p per share. The housing market rebounded sharply after the first Covid lockdown brought viewings and sales to a standstill for weeks last spring. But estate agents were quick to adapt by offering online viewings and pent-up demand led to a surge in completions. Sales boom: Barratt Developments profits rose 2 per cent to �...
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European Stocks Close On Buoyant Note On Vaccine Rollout News, Higher Silver Prices

European Stocks Close On Buoyant Note On Vaccine Rollout News, Higher Silver Prices BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks ended on a buoyant note on Monday, riding on positive global cues. Encouraging developments on vaccine rollout, sharp jump in silver prices and corporate earnings hopes lifted stock prices. On the vaccine front, EU president Ursula Von der Leyen said AstraZeneca will deliver about 40 million doses in the first quarter, an addition of about 9 million doses over...
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