Software glitch prevented investors trading for more than an hour and a halfThe London stock market has suffered its worst outage in eight years after a systems failure prevented investors from trading shares in Britain’s biggest companies.A software g…
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Andrea Leadsom launches power cut inquiry
National Grid must urgently review cause of ‘enormous’ disruption, says ministerThe government has announced an inquiry into the power cut on Friday that left people stuck in trains for up to nine hours and almost a million people in England and Wales …
Read moreUK energy watchdog demands answers after major power cut
Outage caused travel chaos and cut electricity to almost 1m people in England and WalesThe energy watchdog, Ofgem, is demanding answers from the National Grid after a power cut left people stuck in trains for up to nine hours and cut electricity to alm…
Read moreTransport chaos across England and Wales after major power cuts
Energy watchdog Ofgem warns it could take ‘enforcement action’ over the outageLarge parts of England and Wales were left without electricity following a major power cut that had a serious impact on rail and road services, including city traffic lights….
Read moreUK housing market at its weakest point in a decade, says Savills
Upmarket property firm blames Brexit uncertainty for putting off would-be buyersThe UK housing market is at the weakest point since the global financial crisis a decade ago as Brexit uncertainty puts off buyers, according to a leading estate agent.Savi…
Read moreLondon is increasingly home to the top 1% by income, study finds
Highest earners in the country overwhelmingly middle-aged men living in the south-eastThe richest 1% in Britain have become increasingly concentrated in London over the past two decades, according to research that underlines the rise of inequality betw…
Read moreDozens of Heathrow flights cancelled despite strike delay
Thousands of passengers affected as pay talks continue in attempt to avert walkoutDozens of Heathrow flights have been cancelled despite the suspension of a planned strike by airport workers.Thousands of passengers’ plans were disrupted as 37 departure…
Read moreHeathrow airport: strike action looms as talks continue
Time is running out to prevent industrial action by thousands of workers next weekCrucial talks aimed at averting strikes by thousands of workers at Heathrow airport adjourned on Saturday evening and will resume on Sunday, with time running out to prev…
Read moreThe fashion concept store that is rethinking retail
From speed-dating to upcycling workshops, the people behind Peckham Palms have created a space for new fashion talent. Is this a lesson to ailing bricks-and-mortar stores?With the British high street in serious decline and luxury fashion houses such as…
Read moreRevealed: Crossrail hired security firm to monitor trade unionists
Bosses of huge publicly funded project paid firm £59,000 over three years, documents showSenior managers at Crossrail, the huge publicly funded rail project in London, hired a corporate security company to monitor trade unionists who were campaigning a…
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