Chamber News

Under embargo until 8am Tuesday 18 December London Irish to play at Brentford Community Stadium New stadium to be home for both Brentford FC and London Irish from 2020 Brentford Football Club is delighted to […]

The Signal Box in Euston Station opens

Fuller the London brewer and premium pub company has opened a new transport hub, The Signal box in Euston Station. It opened December 10, 2018 and is located upstairs. Here is the full press release […]

Brexit: Theresa May vows to keep UK ‘strong and united’

Theresa May has pledged to keep the UK “strong and united” after Brexit as she marks a year to go until the UK’s departure from the European Union. The PM is visiting England, Scotland, Wales […]

Building a college fit for industry at “West London’s biggest jobs fair”

Hundreds of job seekers were interviewed on the day whilst many more had the opportunity to speak to over fifty employers, helping them to hone their CV and try out new skills. Firms including Hewlett […]

Brexit: UK firms ‘fearful’ for future migration system

UK employers are “fearful” about what a future migration system will be like after Britain leaves the European Union, according to a new report. The Migration Advisory Committee (MAC) said businesses are concerned about their […]

Government wades into GKN takeover battle

Business Secretary Greg Clark has written to Melrose demanding “binding” commitments from the turnaround specialist over its £8.1bn bid for GKN. He sought “extensive and clear” measures over GKN’s workforce, research and development, and pension […]

Firms failing to report pay gap in ‘last chance saloon’

  Employers that fail to publish their gender pay gap on time are being warned they are in the “last chance saloon” and may face “unlimited fines”. For the first time private and public bodies […]

New car sales ‘to fall 5.5% in 2018’ amid consumer slowdown

  Car sales in Britain are set to slide this year amid a slowdown in consumer spending, a report has claimed. Ratings agency Moody’s said new car registrations were likely to fall 5.5% in 2018, […]

Uber sells South East Asia operations to rival Grab

  Uber is selling its South East Asia ride-share and food delivery businesses to regional rival Grab. The move marks a further retreat from international operations for Uber, after it sold its China business to […]

Modern Times Group spins off Nordic Entertainment as listed company

Modern Times Group (MTG) has decided to split into two companies, one for e-sports, gaming and digital entertainment, and the other for broadcasting, studio production and social media advertising. The plan follows TDC’s withdrawal from […]

FSB calls on MPs to move forward with Heathrow runway plan

Responding to the Transport Select Committee’s Airports National Policy Statement (NPS) report, Mike Cherry, National Chairman at the Federation of Small Businesses (FSB), said: A new runway at Heathrow is an opportunity to give a […]

Heathrow statement on Transport Select Committee Report

Heathrow has issued the following statement regarding the release of a new report by the Transport Select Committee today. This report couldn’t be clearer – Heathrow is the right answer for the UK and Parliament […]

Hounslow shortlisted to become one of London’s first Creative Enterprise Zones

Hounslow has been successful in securing funding to develop its bid to become one of the Capitals first Creative Enterprise Zones. Creative Enterprise Zones are a bold new initiative for London to secure its future […]

Household squeeze shows signs of easing as wages rise

Wages grew by 2.6% in the three months to January while the unemployment rate fell, according to new data. The Office for National Statistics said that earnings growth was slightly higher than the 2.5% rate […]

Brentford FC’s new stadium ground-breaking ceremony

A ground-breaking ceremony was held on Monday to mark the preparations for the start of construction on the new Brentford Community Stadium and enabling residential development. A family of Brentford supporters, Robert Muttitt, 70, together […]

Brexit: Government ‘paranoia’ over secret business agreements

by Faisal Islam Sky News has established the Government has been signing a series of secret agreements with companies and industry groups over highly controversial outcomes of the Brexit process for Britain’s trade border. The […]

Landmark moment for electric vehicles with first lampost chargers switched on

The first of a borough-wide network of electric vehicle chargers fitted to lamposts have now been switched on and are being used by Wandsworth residents. This week15 lamposts are having EV charging plugs fitted to […]

PwC joins Tesco, JP Morgan, NatWest Markets and others to launch new women in tech charter

Over a dozen firms, including PwC, Tesco, JP Morgan and the company behind Zoopla, have teamed up to launch a new charter aimed at tackling the factors behind a critical shortfall of women in the […]

Zero Carbon Project launches in London to tackle climate change using the blockchain

Zero Carbon Project was launched in London at this website on Saturday 10th March. The second leg of the launch will be in Sydney this week. The Project is tackling climate change using the blockchain by […]

UN: Facebook has turned into a beast in Myanmar

  UN investigators have accused Facebook of playing a “determining role” in stirring up hatred against Rohingya Muslims in Myanmar. One of the team probing possible acts of genocide said Facebook had “turned into a […]

Chancellor Philip Hammond to unveil Spring Statement

  The UK economy is in better shape than expected, Chancellor Philip Hammond is set to say in his Spring Statement. But he will resist calls from Labour and some Tories to use the extra […]

UK growth to be slowest in G20 this year, says OECD

  The UK economy will grow at a slower pace than any other major advanced or emerging nation this year, according to the OECD. Ahead of the Spring Statement, the think-tank raised its UK growth […]

John Lewis staff bonus cut again as profits fall

Bonuses for 84,000 staff at John Lewis and Waitrose have been cut for the fifth year in a row. Employees will get a 5% bonus, down from 6% last year and the lowest since the […]

Cafe Rouge owner reports £60m loss as restaurants struggle

The owner of High Street food chains Cafe Rouge and Bella Italia has posted a sharp increase in losses, as the UK restaurant sector comes under pressure. Casual Dining Group said losses to May 2017 […]

GKN faces new £8.1bn Melrose bid in takeover battle

Turnaround specialist Melrose has increased its offer for UK engineering giant GKN from £7.4bn to £8.1bn. GKN makes parts for Boeing 737 jets and Black Hawk helicopters, as well as parts for Volkswagen and Ford […]

UK to seek exemption from US steel tariffs

The UK will seek an exemption from President Donald Trump’s tariffs on steel and aluminium imports to the US, according to Trade Secretary Liam Fox. Mr Fox says he will travel to Washington next week […]

China dominates self-made woman rich list

China has once again dominated a list of global self-made woman billionaires. The top four women in the report by publisher Hurun – and five of the top 10 – come from the Asian superpower.  […]

Growth ‘more important than Brexit’

Brexit should not overshadow plans to boost growth, a business lobby group conference will be told on Thursday. The biggest challenges facing businesses in the UK are to do with “fundamentals” rather than Brexit, the […]

The UK’s export economy is at its strongest point since 2000

UK exports are at their strongest position since 2000 despite threats posed by Brexit, a report by Heathrow Airport and the Centre for Economics and Business Research (CEBR) has found. Heathrow’s export climate index tracks […]

New Look rescue deal puts 980 jobs at risk

British fashion retailer New Look plans to close 60 stores as part of a rescue deal to help it avoid going into administration. About 980 staff face redundancy – from a 15,300-strong UK workforce – […]

Smart device security guidelines ‘need more teeth’

The UK government has announced guidelines to make internet-connected devices safer to use following a spate of security breaches. It includes moves to make sure passwords are unique and not resettable to a factory default […]

Trump trade row: EU adds to US trade retaliation list

The EU has condemned US plans for tough tariffs on steel and aluminium imports, saying they jeopardise European jobs. EU trade commissioner Cecilia Malmstrom set out plans to retaliate against the proposed US tariffs. These include […]

Elon Musk targeted in crypto-cash scam

Entrepreneur Elon Musk is the latest high-profile personality to be targeted in an emerging crypto-currency scam. The scammers pose as celebrities on Twitter and claim to be giving away crypto-cash such as Bitcoin or Ether […]

Vauxhall chief warns of Brexit threat to Ellesmere Port

The head of Vauxhall has said lack of clarity over Brexit threatens the future of its Ellesmere Port operation. Carlos Tavares, chief executive of PSA which owns Vauxhall, Peugeot and Citroen, said clarity over the terms […]

Iceland police arrest suspected Bitcoin server thieves

Police in Iceland have arrested 11 people suspected of stealing more than 600 computers that were being used to mine crypto-currencies, reports AP. The computers were stolen during four raids on data centres around Iceland. The […]

Airbus warns it may need to stockpile parts against Brexit

Airbus, one of the UK’s biggest manufacturing employers, has warned it may have to stockpile parts to operate smoothly once the UK leaves the EU. Katherine Bennett, senior vice-president for Airbus UK, told the BBC […]

Toys R Us and Maplin face collapse with 5,500 jobs at risk

Toys R Us in the UK and electronics chain Maplin are on the brink of collapse, putting 5,500 jobs at risk. The struggling retailers – two of the UK’s best known chains – are understood […]

Bitwala launching full-fledged crypto-friendly banking service with debit card

Bitwala has announced that it is launching a new banking service with real debit cards. Its application with the Federal Financial Supervisory Authority of Germany (Bafin) is pending. Once approved, customers’ funds will be guaranteed […]

New credit card rules to save customers up to £1.3bn annually

The City watchdog says its efforts to help people in persistent debt will see lenders adhering to a new set of standards. Credit card firms are to face a new set of rules aimed at […]

Ryanair to axe Glasgow Airport base

Ryanair is to close its base at Glasgow Airport, warning that 300 jobs could go as a result. The airline, which also operates out of Prestwick, Edinburgh and Aberdeen, will cut the number of routes […]

Sony phone adds rumble to games and films

By Leo Kelion Sony’s latest top-end smartphone vibrates in time with movie and TV action scenes and video games. The Xperia XZ2’s rumble tech adapts a feature originally developed for the firm’s PlayStation controllers. It also […]

Carillion: Ex-finance chief dumped last of his shares

The former finance director of collapsed construction firm Carillion “dumped” the last of his shares at the earliest possible moment, MPs say. Richard Adam sold shares worth hundreds of thousands of pounds in early 2017 […]

RBS reports first profit in 10 years

Royal Bank of Scotland has returned to profit for the first time in a decade as it continues its recovery. Chief executive Ross McEwan told the BBC it was “a really symbolic moment.” The bank, which […]

Disbelief and discontent over rail timetable delays

Passenger groups have reacted angrily to news that hundreds of train timetables are likely to be published later than usual. Rail users are normally told about new timetables 12 weeks in advance, enabling them to […]

Heathrow airport claims expansion needed as quickly as possible for UK to thrive post Brexit

  by Simon Calder Heathrow Airport Ltd has warned that prosperity in post-Brexit Britain could be jeopardised unless the Government takes swift action on expansion. Europe’s busiest airport managed to grow at its fastest rate […]

It’s time to back Heathrow

If you were out and about in west London or the Thames Valley on Monday, you may have taken a second glance at a van driving around with a cartoon behind it.  This unusual sight […]

British Gas owner Centrica to cut 4,000 jobs after ‘weak’ year

Centrica, which owns British Gas, is cutting 4,000 jobs, after what its chief executive called a “weak” end to 2017. Iain Conn said plans for a price cap in the UK was one reason for […]

Google Chrome Launches Default ad-blocker

Google has launched an ad-blocker for its Chrome web browser that is designed to prevent “annoying” and “intrusive” ads being shown to users. Google announced the move to curtail full-page and auto-playing video ads, among […]

Faulty appliances ’cause 60 fires a week’

  Faulty household appliances – primarily washing machines and tumble dryers – account for 60 house fires a week in the UK, consumer group Which? has said. It said the number of fires has stayed […]

Discounter Lidl opens its 700th store in the UK

  Supermarket chain Lidl has hit a milestone of 700 stores in the UK, after it opened five new stores in one day.  The new stores, which started trading on Thursday, are in Edinburgh, Stockton, […]

Man dies in Heathrow Airport vehicle crash

A British Airways (BA) engineer has died after two vehicles collided on the airfield at Heathrow Airport. Two drivers were involved in the crash on the taxiway just after 06:00 GMT. A man in his 40s […]

Network Rail to put new projects on hold

Network Rail is to move away from big projects in its next five-year funding period in favour of spending its cash on maintaining its current network. Britain’s rail and track operator has published its plan […]

Amazon plans hundreds of lay-offs

Amazon is cutting hundreds of positions at its headquarters and global operations, a move that comes after several years of significant growth. The cuts were first reported by the Seattle Times, which said the actions […]

UK inflation still at 3% despite fall in food prices

UK consumer price inflation remained at 3% in January, the same level as in December. The rate, as reported by the Office for National Statistics (ONS), is close to November’s six-year high of 3.1%. Most economists […]

Stagecoach East Coast deal to be probed by MPs

The decision to end the East Coast Mainline rail franchise early is to come under scrutiny from MPs. The Department for Transport has said Stagecoach and Virgin will withdraw from running the service within months […]

Fox promises Sky News independence

Rupert Murdoch’s 21st Century Fox has pledged to ensure the independence of Sky News as it seeks to overcome issues surrounding its plans to takeover Sky. The company said it would commit to maintain Sky […]

Hackers hijack government websites to mine crypto-cash

The Information Commissioner’s Office (ICO) took down its website after a warning that hackers were taking control of visitors’ computers to mine cryptocurrency. Security researcher Scott Helme said more than 4,000 websites, including many government […]

UK shares slip amid market volatility

UK shares fell on Friday morning, but the declines were not as big as those seen in Asia and the US. At midday, the FTSE 100 index was down 48.39 points, or 0.67%, to 7,122.30. European […]

Fly west to dodge property tax: Hounslow homes under £300k mean first-time buyers can avoid stamp duty

Young Londoners who can live with aircraft noise will find thousands of new first-time buyer homes in Hounslow.  Now that first-time buyers don’t have to pay stamp duty on homes valued up to £300,000, an […]

Government steps up action on unpaid internships

The government has ramped up efforts to “stamp out illegal unpaid internships”. HM Revenue and Customs (HMRC) has written to more than 500 firms over the last three months reminding them that interns classed as […]

TDC to buy MTG’s TV business in $2.5 billion Nordic media deal

STOCKHOLM (Reuters) – Danish telecoms operator TDC (TDC.CO) has agreed a $2.5 billion takeover of Swedish Modern Times Group’s (MTGb.ST) broadcasting and entertainment business, the latest deal in a global wave of mergers reshaping the […]

Regus opens third business center at London Heathrow

by Daniel Symonds Global work space provider Regus has today opened a third Regus Express location at London Heathrow Airport. The new Regus Express facility is located in Terminal 3 and is in addition to the […]

Bitcoin falls below $6,000

The value of Bitcoin has fallen to below $6,000 – its lowest price since November 2017. The price fell to $5,947.40 (£4,256.44) on Tuesday, according to a price index run by news website Coindesk. Bitcoin reached […]

Ex-Carillion finance director ‘not asleep at wheel’

Carillion’s former finance director, Zafar Khan, has denied being “asleep at the wheel” during his time in the role. The construction giant, which provided services for schools, hospitals and prisons, went into liquidation in the […]

Microsoft warns firms of technology ‘distractions’

Technology can distract workers rather than make them more productive, suggests a survey carried out by software giant Microsoft. Many of the 20,000 European workers questioned said a steady stream of emails, messages and notifications […]

Lloyds Bank bans Bitcoin purchases on its credit cards

Lloyds Banking Group has banned its customers from buying Bitcoin and other crypto-currencies on their credit cards. The ban, starting on Monday, applies to Lloyds Bank, Bank of Scotland, Halifax and MBNA customers. It will not […]

377 Carillion workers to lose jobs

Nearly 380 workers at Carillion are being made redundant, but the body in charge of liquidating the business said it had saved 919 jobs. The Official Receiver said that most of the people who have […]

Capita not comparable to Carillion, says minister

Capita is “not comparable” to Carillion, the government said, following a profit warning that wiped more than £1bn off its market value. Cabinet Office Minister Oliver Dowden told the House of Commons his officials met […]

UK plans 200-mile ‘country roads’ driverless trial

An autonomous car project will attempt a complex journey across the UK, taking in country roads and high-speed roundabouts. The HumanDrive initiative will first simulate a range of conditions, before the car starts its 200-mile […]

Heathrow’s link with China worth 510 million pounds a year

Direct flights between China and London’s Heathrow Airport contribute 510 million pounds ($722.4 million) a year to the United Kingdom economy and support 14,550 jobs, according to a new report. Heathrow Airport commissioned Frontier Economics […]

Capita shares plunge after warning on profits

Capita shares have plunged over 40% after the outsourcing firm warned on profits and announced a major shake-up. New chief executive Jonathan Lewis said the company had become “too complex” and “driven by a short-term […]

Microsoft disables ‘buggy’ Intel patch

Microsoft has disabled a flawed Intel software update that was causing some customers’ computers to reboot unexpectedly. Intel had issued its software patch to address a security issue affecting millions of its processors worldwide. But […]

Eurozone growth hit 10-year high in 2017

He eurozone’s economy grew at fastest pace for a decade in 2017, according to official figures.  The economy of the 19-nation bloc grew by 2.5% last year, according to Eurostat, the strongest growth since the […]

Ryanair pilots win UK union recognition

  Ryanair has agreed to recognise a union to represent its 600 UK-based pilots for the first time.  The Irish airline had previously refused to recognise the British Airline Pilots’ Association (Balpa). However, Ryanair said last […]

Carillion tried to ‘wriggle out’ of pension contributions

Carillion “wriggled out” of payments into its company pension schemes as its troubles grew, while it carried on paying shareholder dividends and bosses’ bonuses, say MPs. The Work and Pensions Committee is questioning the way […]

Apple’s iPhone battery ‘slowdown’ to be optional

A software update will let iPhone owners switch off the “battery saver” feature that slows down some models, Apple has confirmed. The option to switch off the feature will appear on the iPhone 6, 6 […]

Heathrow offers innovation prize for green aviation ideas

UK businesses and organisations are being invited to apply for Heathrow’s first Sustainable Innovation Prize submitting ideas on how to address the environmental challenges of airports and the aviation industry. Heathrow launches Sustainable Innovation Prize […]

Tesla and GM self-drive cars involved in road collisions

Two vehicles reportedly engaged in self-drive modes – a Tesla Model S and a General Motors Chevy Bolt – have been involved in separate road accidents in California. Culver City’s fire service said the Tesla […]

UK unemployment falls to 1.44 million

UK unemployment fell by 3,000 to 1.44 million in the three months to November, official figures show. The number of those in work increased sharply and wages rose at their fastest rate in almost a […]

Boost of €100 million for microfinance and social enterprises in Europe

The EU’s financing programme for Employment and Social Innovation (EaSI) will receive an additional €100 million for its Guarantee scheme from the European Fund for Strategic Investments (EFSI), the core of the Investment Plan for […]

Sky-Fox deal not in public interest, says regulator

Fox’s proposed takeover of Sky is not in the public interest on grounds of media plurality, the UK’s Competition and Markets Authority (CMA) has said. The CMA has provisionally found that if the deal went […]

Vauxhall: Unite union chief in ‘frank exchange’ with PSA

Talks between Britain’s biggest union and Vauxhall’s French owner PSA Group were “frank” but useful, the sides say. Unite head Len McCluskey was in Paris for a meeting with PSA chief executive Carlos Tavares about […]

Tesco to cut 1,700 shop floor jobs

Tesco is to cut 1,700 jobs from its branches and warehouses as part of its turnaround strategy for the company. The UK’s biggest supermarket chain also plans to create 900 jobs and try to move […]

UK growth upgrade could ‘dwarf’ Brexit hit

By Kamal Ahmed;  BBC economics editor Britain should prepare for a much more economically optimistic 2018 because global growth is better than predicted. That’s the argument of Lord Jim O’Neill, the former Conservative Treasury minister […]

UK retail sales fall in December

UK retail sales fell by 1.5% in December compared with November, a sharper fall than expected. The Office for National Statistics (ONS) said many shoppers had shifted spending to November from December to take advantage […]

Intel fix causes reboots and slowdowns

Intel says devices are rebooting more than usual after being patched with fixes it has issued to the Spectre and Meltdown security flaws in its chips. The company said it had reproduced the problem and […]

Uber co-founder Travis Kalanick a billionaire after $9.3bn investment deal

Uber co-founder Travis Kalanick will become a billionaire, after investors agreed to take a large stake in the ride-hailing firm. A consortium led by Japan’s Softbank is buying a chunk of the company from existing […]

Superjumbo jet future secured by Emirates order

The Emirates airline has announced an order for up to 36 Airbus A380s. The $16bn (£11.5bn) deal amounts to a reprieve for the A380 after Airbus threatened to stop making the jet if it could […]

Bitcoin dips below $10,000 for first time since December

Bitcoin has traded below $10,000 for the first time since early December. The value of one bitcoin fell to $9,958 (£7,222) before making a slight recovery, according to the price index run by the news […]

Most new cars must be electric by 2030, ministers told

By Roger Harrabin Three-fifths of new cars must be electric by 2030 to meet greenhouse gas targets, ministers have been warned. Homes also need to be built to a higher standard, the Committee on Climate […]

Ford to boost investment in electric cars by 2022

Ford says it will boost its investment in electric vehicles to $11bn (£8bn) in the next five years, more than doubling a previous commitment. Chairman Bill Ford said the car maker would have 40 hybrid […]

Carillion directors to be investigated

The government has ordered a fast-track investigation into directors at the failed construction firm Carillion. The UK’s second biggest construction firm went into liquidation on Monday, after running up losses on contracts and struggling with […]

UK inflation rate drops back to 3%

The UK’s inflation rate has fallen for the first time since June, mainly due to the impact of air fares. The inflation rate dipped to 3% in December, down from November’s rate of 3.1% – […]

Hard Brexit ‘would cost Scots £12.7bn’

Scotland’s economy would be £12.7bn a year worse off under a so-called hard Brexit, according to analysis by the Scottish government. The figure is contained in a paper on the impact of UK withdrawal from […]

Airbus says A380 superjumbo production could end

European planemaker Airbus has said it will stop making its A380 “superjumbo” if it does not get any more orders. Sales director John Leahy said Airbus would have to halt the programme if the plane’s […]

Carillion collapse raises job fears

Construction giant Carillion is to go into liquidation, threatening thousands of jobs. The move came after talks between the firm, its lenders and the government failed to reach a deal to save the UK’s second […]

Apple health data used in murder trial

Health data has provided crucial evidence at a trial in Germany, in which a refugee is accused of rape and murder. Apple’s Health App accurately records steps and has been pre-installed on the iPhone 6S […]

UK manufacturing output at its highest for 10 years

UK manufacturing output is expanding at its fastest rate since early 2008 after recording a seventh consecutive month of growth in November. Renewable energy projects, boats, aeroplanes and cars for export helped make output 3.9% […]

Virgin West Coast train firm stops selling Daily Mail

Virgin Trains has announced that it has stopped selling the Daily Mail newspaper on its West Coast trains. A spokesperson for Virgin said it regularly reviewed products sold on its trains, adding that “after listening […]

CES 2018: Intel to make flawed chips safe in a week

Intel’s chief executive has said software fixes to address the recently discovered Meltdown and Spectre bugs in microchips would be released in the next few days. Brian Krzanich was speaking at the beginning of his […]