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Credit crunch spells 20,000 City job losses
Almost 20,000 City jobs will be lost this year and next as the credit crunch takes its toll, a leading economics think-tank said on Sunday. The Centre for Economics and Business Research (CEBR) forecast 11,000 City job losses in 2008, up from a previous estimate of 7,000, and 8,200 in 2009, giving a total 19,200 -- a headcount cull worse than that when the dotcom bubble burst. It is one of the findings of the latest issue of "London and the City prospects", to be published on Monday by CEBR, one of the country's leading economics consultancies and commentator on the capital's economic trends.
Missing TV presenter is found dead
Friends and family have paid tribute to TV presenter Mark Speight after his body was found at a railway station.
The 42-year-old disappeared six days ago. Friends said he was "vulnerable" in the aftermath of the death of his fiancee Natasha Collins in January. An inquest earlier this month revealed she was found dead in the bath with 60% burns after taking cocaine and sleeping tablets. Speight's father, Oliver, said he had lost a "wonderful" son. He said: "Mark was a wonderful son and brother to his family and he will be very sadly missed. We need to come to terms with our grief at the loss of both Mark and Natasha and would ask that you would respectfully afford us the privacy to grieve privately during this tragic time."
Words not enough on Darfur - Clegg
The Liberal Democrat leader Nick Clegg has called on the Government to offer more than rhetoric in its efforts to end the conflict in Darfur. British officials have been in contact with the Sudanese government and rebel groups to offer the possibility of a summit in London to help bring peace to the troubled region. At a rally to mark the fifth anniversary of the start of the war, Mr Clegg said the Prime Minister needed to put more pressure on China to use its influence over the Khartoum regime.
"I would not want to denigrate the rhetorical efforts of Gordon Brown, but I am afraid people want to see action rather than more rhetoric, " he said. "He has been extremely reluctant for a long time to say anything controversial to the Chinese, but the fact is the Chinese government, as host of the Olympics has a new responsibility for human rights."
Marathon runners battle heavy rain
Heavy rain drenched the London marathon as more than 35,000 runners were caught in April showers as they tackled the 26 mile course. More than a quarter of a million people turned out on the streets to cheer on the fun runners, professional athletes and celebrities.
The day began with bright sunshine over Greenwich Park as runners donned fancy dress costumes and warmed up. But by mid-morning, when the bulk of the runners were around half way around, the rain began. Chef Gordon Ramsay, running his ninth consecutive marathon, said he preferred the weather to last year, when temperatures soared to record highs. "A bit of drizzle is better than last year's heat," he said. "There were thousands of people who came out today - they were fantastic."
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Almost 20,000 City jobs will be lost this year and next as the credit crunch takes its toll, a leading economics think-tank said on Sunday. The Centre for Economics and Business Research (CEBR) forecast 11,000 City job losses in 2008, up from a previous estimate of 7,000, and 8,200 in 2009, giving a total 19,200 -- a headcount cull worse than that when the dotcom bubble burst. It is one of the findings of the latest issue of "London and the City prospects", to be published on Monday by CEBR, one of the country's leading economics consultancies and commentator on the capital's economic trends.
Missing TV presenter is found dead
Friends and family have paid tribute to TV presenter Mark Speight after his body was found at a railway station.
The 42-year-old disappeared six days ago. Friends said he was "vulnerable" in the aftermath of the death of his fiancee Natasha Collins in January. An inquest earlier this month revealed she was found dead in the bath with 60% burns after taking cocaine and sleeping tablets. Speight's father, Oliver, said he had lost a "wonderful" son. He said: "Mark was a wonderful son and brother to his family and he will be very sadly missed. We need to come to terms with our grief at the loss of both Mark and Natasha and would ask that you would respectfully afford us the privacy to grieve privately during this tragic time."
Words not enough on Darfur - Clegg
The Liberal Democrat leader Nick Clegg has called on the Government to offer more than rhetoric in its efforts to end the conflict in Darfur. British officials have been in contact with the Sudanese government and rebel groups to offer the possibility of a summit in London to help bring peace to the troubled region. At a rally to mark the fifth anniversary of the start of the war, Mr Clegg said the Prime Minister needed to put more pressure on China to use its influence over the Khartoum regime.
"I would not want to denigrate the rhetorical efforts of Gordon Brown, but I am afraid people want to see action rather than more rhetoric, " he said. "He has been extremely reluctant for a long time to say anything controversial to the Chinese, but the fact is the Chinese government, as host of the Olympics has a new responsibility for human rights."
Marathon runners battle heavy rain
Heavy rain drenched the London marathon as more than 35,000 runners were caught in April showers as they tackled the 26 mile course. More than a quarter of a million people turned out on the streets to cheer on the fun runners, professional athletes and celebrities.
The day began with bright sunshine over Greenwich Park as runners donned fancy dress costumes and warmed up. But by mid-morning, when the bulk of the runners were around half way around, the rain began. Chef Gordon Ramsay, running his ninth consecutive marathon, said he preferred the weather to last year, when temperatures soared to record highs. "A bit of drizzle is better than last year's heat," he said. "There were thousands of people who came out today - they were fantastic."
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