London's stock market fell Monday on a rallying pound, while eurozone indices lost earlier gains to close flat after a pre-weekend surge triggered by well-received US jobs data.

Wall Street was closed for a public holiday.

Oil prices bounced after the world's two biggest oil producers, Saudi Arabia and Russia, pledged to stabilise the market.

London's benchmark FTSE 100 index was 0.2 percent lower, as the pound jumped above $1.33 in the wake of strong UK services sector activity that further eased concerns over Brexit's economic fallout.

"August saw the UK economy score a hat-trick of good news with a record rebound in the services PMI to round things off after solid readings for the manufacturing and construction sectors," said Forex.com analyst Fawad Razaqzada.

"This is really good news for the pound, perhaps not so good for UK stocks in the short-term as it reduces the odds for further rate cuts from the Bank of England."

Activity in Britain's crucial services sector showed a record jump in August, rebounding strongly from a slump immediately following the country's vote to exit the EU, according to a survey.

Published: 05 September 2016

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Graduates applying for jobs in London's finance sector risk being overlooked if they wear brown shoes, a government-commissioned report into social mobility said Thursday.

"Opaque" dress codes practiced by those from more formal backgrounds are being used to judge candidates, with brown shoes a fashion faux-pas that many from poorer backgrounds may not be aware of, said the study.

"Managers often select candidates for client-facing jobs who fit the traditional image of an investment banker and display polish," it said.

"For example, some senior investment bankers still deem it unacceptable for men to wear brown shoes with a business suit."

One interviewee from a non-privileged background explained he was rejected despite being told that he had interviewed well.

"He said 'you're clearly quite sharp, but you're not quite the fit for (this bank), you're not polished enough'," he said of the explanation given for his rejection.

Published: 02 September 2016

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On Saturday 10 and Sunday 11 September, Sainsbury’s Nine Elms will be holding a ‘Waste less, Save more’ event as part of the retailer’s drive to help customers reduce food waste.

Waste less, Save more is a £10 million initiative to help households reduce the level of food they’re throwing away and designated colleagues will be on hand to provide storage tips which will teach customers how to keep their food fresh for longer.

As part of their mission, colleagues from the Sainsbury’s Nine Elms store will be handing out free fridge thermometers so shoppers can ensure their food is being stored at an optimum temperature. By setting your fridge to between 0 – 5 degrees, fresh foods will keep for longer, helping customers cut down on food waste.

Andy Robins, Store Manager at Sainsbury’s Nine Elms, said: “The typical UK household throws away, on average, £700 of food each year. Through our Waste less, Save more campaign, we hope that our customers will pick up some handy tips to help them reduce the amount of food that they throw away and save money.”

Published: 01 September 2016

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Graduates applying for jobs in London's finance sector risk being overlooked if they wear brown shoes, a government-commissioned report into social mobility said on Thursday (Sept 1).

"Opaque" dress codes practised by those from more formal backgrounds are being used to judge candidates, with brown shoes a fashion faux-pas that many from poorer backgrounds may not be aware of, said the study.

"Managers often select candidates for client-facing jobs who fit the traditional image of an investment banker and display polish," it said. "For example, some senior investment bankers still deem it unacceptable for men to wear brown shoes with a business suit."

Published: 01 September 2016

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A teenager accused of murdering a US tourist and injuring five others in a knife attack in central London made his first court appearance on Saturday and was remanded in custody.

Zakaria Bulhan is charged with the murder of 64-year-old retired teacher Darlene Horton plus five counts of attempted murder following the incident on Wednesday evening in Russell Square.

The 19-year-old, who lives in Tooting in south London, is a Norwegian national of Somali origin who came to Britain as a young child in 2002.

After being charged on Friday night, he appeared at Westminster Magistrates' Court for a procedural hearing on Saturday, where he spoke only to confirm his name, address and date of birth.

Wearing a light grey tracksuit, he held his face in his hand as the names of the victims were read out. When asked if he understood the charges, he nodded and gave the judge a thumbs-up.

Published: 01 September 2016

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Hundreds of thousands of revellers took to the streets to celebrate London's Notting Hill Carnival on Monday, as police made more than 400 arrests during the festival's 50th anniversary.

Feathered dancers, steel bands and earth-shaking sound systems featured in the vibrant celebration of British Caribbean culture, with many festival-goers sporting glittery face paint and waving Jamaican flags.

"It's excellent! We are loving the free spirit of everyone and we have all been dancing," said Annuar Aziz, a 41-year-old businessman from Malaysia who stumbled on the event by accident with his wife and four children.

"We heard the music from where we are staying in Bayswater and just followed the sound."

As every year, some outbreaks of violence and many drug arrests marred Europe's biggest street party.

Published: 31 August 2016

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Ecuador says it will let Swedish officials interview Julian Assange at its embassy in London, where the WikiLeaks founder has been sheltering for the past four years.

Quito's foreign ministry said in a statement late Wednesday that a letter has been sent by the Ecuadoran government to set up the meeting.

"In the coming weeks, a date will be established for the proceedings to be held at the Embassy of Ecuador in the United Kingdom," the statement read.

Prosecutors in Sweden have said they want to interview Assange in connection with a 2010 rape allegation against him.

"The prosecutor has requested permission to carry out an interrogation, so it is of course good for the investigation if it can be held," Karin Rosander, spokeswoman for the Swedish Prosecution Authority, told AFP on Thursday.

She said however that the exact date of the interview has not yet been pinned down.

Published: 29 August 2016

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Sainsbury’s Nine Elms Point store donated water bottles, flavoured drinks, crisps, cups and plates to InHarmony Lambeth Community Concert at Wheatsheaf Hall, where students were playing the orchestra in front of children, students, young people, tutors and parents. All the goods donated by the store will be used to support the local children that attend the InHarmony events in Lambeth.

Steven Moore, After School Lead at InHarmony contacted the store looking for support with refreshments and treats for the event on Thursday 14^th July 2016, which was estimating around 250/300 people to attend, the community concert event took place at the Wheatsheaf Hall, Wheatsherf Lane off South Lambeth Road.

In Harmony Lambeth (IHL) was launched in 2009 and is inspired by the Venezuelan El Sistema Programme. It is primarily a social action programme which encourages the pursuit of excellence to enrich the lives of children, young people, families and the wider community around the Stockwell and Vauxhall area.

If you wish to find out more about the School and up coming public events then please visit: http://www.inharmonylambeth.co.uk/ also there will be some great pictures taken at the event by the school which can be located on their social media feed: https://twitter.com/ihlambeth

Published: 28 August 2016

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London Mayor Sadiq Khan spoke out against the banning of the Islamic burkini swimsuit in France as he headed to Paris Thursday for talks with his French counterpart.

Khan, the first Muslim mayor of a major Western capital, spoke out after some 30 French towns banned the burkini, triggering a fierce debate about women’s rights and secularism.

"I don’t think anyone should tell women what they can and can’t wear. Full stop. It’s as simple as that," he told the London Evening Standard newspaper.

"I don’t think it’s right. I’m not saying we’re perfect yet, but one of the joys of London is that we don’t simply tolerate difference, we respect it, we embrace it, and we celebrate it."

Published: 25 August 2016

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The new Sainsbury’s Nine Elms Point has opened today creating 250 new jobs for the local community.

Former long-serving colleague, Ann Martin, joined store manager, Andy Robins, to cut the official ribbon of the new store and declare it open for business.

The new store sees Sainsbury’s return to the area, with the company having had a store there previously for over 30 years.   The old store was demolished to pave the way for the current redevelopment of Nine Elms.

Commenting on the opening, store manager Andy, said:

“It is fantastic to have Sainsbury’s back at the heart of a community that we previously served for over 30 years. We have been counting down the days to Wednesday 24^th August, and can’t wait to showcase what we have to offer in store.”

“We’ll be pleased to see the familiar faces of returning staff and welcome new employees from Lambeth and Wandsworth. The new store is another mark of progress in and around Vauxhall”,- said Cabinet Member for Regeneration, Lambeth Cllr Jack Hopkins.

Published: 25 August 2016

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