London - British police moving to Australian force that ‘backs’ officers who shoot suspects



London, the capital city of England and the United Kingdom, is one of the world’s most famous and dynamic cities. It is situated on the banks of the River Thames and has a rich history spanning over 2,000 years.

History

London’s history can be traced back to the Roman period when it was known as Londinium. The Romans established the city in AD 43 as a strategic military and economic hub. The city grew rapidly and became an important center for trade and commerce in the region.

During the Middle Ages, London became the center of the medieval world. It was the site of the Magna Carta, which was signed in 1215, and the Tower of London, which was built in the 11th century.

The city continued to grow throughout the 16th and 17th centuries. It became the center of the British Empire during the Victorian era, which led to an influx of immigrants from all over the world.

During World War II, London suffered heavy damage from German bombing raids, but it was able to rebuild and emerge as a major global city in the post-war period.

Landmarks and Attractions

London is known for its iconic landmarks and attractions. One of the most recognizable symbols of London is the Tower Bridge, which spans the River Thames and is often featured in photographs and movies.

Other popular attractions include Buckingham Palace, the home of the British monarchy, the Houses of Parliament and the clock tower known as Big Ben, the London Eye, a giant Ferris wheel offering stunning views of the city, and Westminster Abbey, a historic church that has been the site of numerous royal coronations and weddings.

The city’s many museums offer a wealth of cultural and historical experiences. The British Museum is home to a vast collection of artifacts from around the world, while the National Gallery showcases some of the world’s most famous works of art. Other notable museums include the Tate Modern, the Victoria and Albert Museum, and the Museum of London.

Culture

London is known for its vibrant cultural scene. The city is home to numerous theaters, including the West End, which is known for its world-class productions of plays and musicals.

Music is also a big part of London’s culture. The city is famous for its live music venues, which range from small, intimate clubs to large stadiums. Some of the world’s biggest acts have performed in London, including The Beatles, Queen, and Oasis.

Food is another important aspect of London’s culture. The city is home to a thriving restaurant scene, with cuisine from all over the world. Traditional British fare, such as fish and chips and roast beef, is also widely available.

Transportation

London has an extensive transportation network that includes buses, trains, and the famous London Underground, also known as the Tube. The Tube is one of the oldest and largest subway systems in the world, with 270 stations and 11 lines.

The city also has several airports, including Heathrow, which is one of the busiest airports in the world. Heathrow is located west of the city and is easily accessible by train or bus.

Conclusion

London is a dynamic and exciting city with a rich history and culture. From its iconic landmarks to its vibrant cultural scene, London has something to offer everyone. Whether you’re interested in history, culture, or cuisine, London is a city that will leave a lasting impression on everyone who visits.


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London brokers braced for shake-up as equity market languishes

Financial Times

23-05-15 03:19


UK brokers and niche investment banks could face further consolidation as a stagnant London stock market squeezes an industry reliant on listings and take-overs. A lack of flotations and subdued activity has put pressure on the sector, while the ongoing international trade wars have undermined investor confidence. Such conditions have led to deals such as the recent purchase of Numis by Deutsche Bank. Scepticism about the near-term future of equity markets and low volumes of IPOs has also put key players, including Singer Capital Markets and WH Ireland, in the spotlight.

https://www.ft.com/content/49ae9bc0-82a6-4642-a00a-0f709f7fbe9e
Myki operator loses contract, US specialist to overhaul ticket system

The Sydney Morning Herald

23-05-15 02:57


Victoria's government has called in Conduent to replace the ageing myki smartcard system that allows travel on Melbourne's trains, trams and buses, according to three anonymous sources. The decision not to extend the €100m-a-year ($112m) contract with current provider NTT Data gives the go-ahead to the US ticketing specialist to upgrade the system and allow for contactless bankcard and smartphone payments. Conduent runs around 400 ticketing systems in Montreal, Helsinki and Adelaide, among others. The announcement is expected later on Monday.

https://www.smh.com.au/national/victoria/myki-operator-loses-contract-us-specialist-to-overhaul-ticket-system-20230515-p5d8h0.html
‘Genuinely worried’: US dollar woes fuel gold rush in Hong Kong, Singapore

South China Morning Post

23-05-15 01:30


Gold is becoming increasingly popular among investors in Singapore and Hong Kong as they search for safe havens to store money since the recent banking turmoil in the United States. Trade volumes have surged in the Asian trading hubs, with gold now being viewed more as a currency than a commodity. Hong Kong-based Precious Metals Asia reported that gold turnover in April increased by 40% since March and 110% since January. One of its founders, Padraig Seif, said investors were worried that keeping their money in low-yield deposit accounts would erode the long-term value of their savings. Gold has risen by 13% since March amid signals of a US economic slowdown, and fears of a potential credit crunch as a US debt default looms as the White House and Congress have been unable to reach agreement over raising the government's $31.4tn borrowing limit.

https://www.scmp.com/week-asia/economics/article/3220305/genuinely-worried-asian-investors-flock-safe-haven-gold-amid-us-dollar-woes
Unknown Rembrandt portraits unearthed after 200 years

Financial Times

23-05-15 00:19


Two never-before-seen portrait paintings by Dutch artist Rembrandt that are expected to sell for an estimated £5m-£8m are expected to attract buyers from across several sectors, including wealthy collectors, museums, galleries and contemporary art enthusiasts. The paintings, which were discovered during a routine valuation of a British family’s art collection, are portraits of an elderly Dutch couple, Jan Willemsz van der Pluym and his wife Jaapgen Carels, that date from 1635. The art works are thought to have been owned by members of Van der Pluym’s family, who bought them in 1824.

https://www.ft.com/content/29661cfa-cbee-453b-b787-96497d3d5d45
Letters: The Prime Minister lacks a vision for getting Britain back to work

Telegraph

23-05-15 00:01


UK Chancellor Rishi Sunak needs to act with "vision and imagination" and take risks to make the UK an attractive place for investors and entrepreneurs across all sectors, writes Nick Green in a letter to The Telegraph. He points out that the UK's entrepreneurial spirit has stalled since the start of the Covid-19 pandemic and criticises state handouts that have fostered "a loss of self-reliance and appetite for work". Green says the country needs better defence provision, properly maintained infrastructure and minimised tax rates to achieve such an economy. A report earlier this month suggested that challenger bank Revolut had determined the UK was no longer an attractive location for business.

https://www.telegraph.co.uk/opinion/2023/05/15/letters-prime-minister-lacks-vision-britain-back-to-work/
A barbecue frenzy is gripping China. Can street food revive the economy?

CNN

23-05-16 01:34


China is set to allow street peddlers to operate in many of its cities to try to revitalise the economy and tackle youth unemployment, which stood at 19.6% in March and is expected to worsen with a record 11.6 million college students expected to graduate this year. Several cities relaxed their rules on street selling this year, following on from a viral sensation featuring an outdoor barbecue in Zibo, a little-known city in China's Shandong province. CNBC said the trend revealed the Chinese leadership's struggle to tackle the country's economic challenges. Steve Tsang, director of the SOAS China Institute at the SOAS University of London said: "It does look like the Chinese leadership cannot find better ways to create employment and thus maintain stability and order than encouraging young people to be street vendors. For workers or graduates with skills for the digital era, taking on street vending is a sign of desperation rather than creative thinking."

https://edition.cnn.com/2023/05/15/economy/china-zibo-bbq-economy-intl-hnk/index.html
Letters: Britain’s aspirational young have been left without a party to vote for

Telegraph

23-05-16 00:01


The UK’s Conservative, Liberal Democrat, and Labour parties are all failing young people, according to letters printed in The Daily Telegraph. The Conservative government has been criticised for imposing high rental costs on younger people, denying them the chance of home ownership, and paying benefits to richer pensioners. The Liberal Democrat party was accused by another letter writer of opposing building developments, essentially ruling out house ownership for younger people. Labour was criticised by a third correspondent for planning to penalise companies which offered employment opportunities. The three parties were also claimed to have failed to institute Tory values or provide effective leadership capable of solving the country’s current problems.

https://www.telegraph.co.uk/opinion/2023/05/16/letters-aspirational-young-without-a-party-to-vote-for/
It’s time for Sadiq’s mayoralty to end

Telegraph

23-05-16 00:00


Conservative investor and tech entrepreneur, Lawrence Brass, has announced that he will stand for the position of London Mayor in 2020. Brass believes that the British capital should be a place where anyone can achieve success by working hard, regardless of their identity, and will campaign under the slogan “Let’s Unlock London’s Potential”. Among his policies are the building of homes on the sites of railway tracks, the expansion of the use of new technology, the introduction of policing based on Minor Crimes Officers, and the creation of a London-wide public sector Digital Corps.

https://www.telegraph.co.uk/news/2023/05/16/its-time-for-sadiqs-mayoralty-to-end/
RCN chief Pat Cullen ‘sickened’ by way Government talks about migration

Telegraph

23-05-16 06:00


The head of the Royal College of Nursing (RCN), Pat Cullen, has criticised the UK government’s handling of migration policies, describing them as “sickening”. Speaking at the union’s annual congress, Cullen also launched an attack on a range of government policies, including the government’s strikes Bill. The RCN is preparing to ballot on further strikes. The union members had initially rejected Cullen’s recommendation to back a 5% pay rise this year. Cullen is now threatening strikes until Christmas. She has also warned that the government will be “forced to act” if future walkouts spread to double the number of hospitals. RCN members recently called for co-ordinated walkouts with other unions in order to defeat a “Tory, racist, anti-working class Government”.

https://www.telegraph.co.uk/news/2023/05/16/rcn-chief-pat-cullen-sickened-government-talk-migration/
Former adviser to PM launches London mayor bid, proposing tourist tax to fund more police

Telegraph

23-05-16 06:00


Conservative hopeful for London mayor Daniel Korski has called for tourists to pay a “small tourist precept” to fund more police officers on the street, and raise productivity in the city. The extra revenue would create a new “Minor Crimes Constabulary” targeting bike and mobile phone thefts. Korski also called for new housing to be created on railway tracks and stations, and more digital help for councils. A Conservative candidate is expected to be chosen to run against incumbent Sadiq Khan ahead of the party’s annual conference in autumn.

https://www.telegraph.co.uk/news/2023/05/16/former-adviser-to-david-cameron-launches-london-mayor-bid/
Salman Rushdie attacks ‘comical’ efforts to make James Bond politically correct

Telegraph

23-05-16 06:00


Salman Rushdie has criticised attempts by publishers to make books politically correct, as he received the Freedom to Publish award at the British Book Awards and warned of increased threats to freedom of expression and speech. Rushdie also criticised publishers who sought to edit the works of Roald Dahl and Ian Fleming, with his publisher commissioning sensitivity readers to review novels that depicted black characters in potentially offensive ways. Davina McCall's guide to the menopause won the Book of the Year prize, while Bonnie Garmus was named Author of the Year for Lessons in Chemistry.

https://www.telegraph.co.uk/news/2023/05/16/salman-rushdie-james-bond-politically-correct-roald-dahl/
EU top diplomat calls on bloc to court developing countries

Financial Times

23-05-16 05:18


The EU's chief diplomat, Josep Borrell, has called for a tailored approach to reaching out to countries in the developing world, and has urged the EU to accept that these countries will not take sides in disputes such as that between Russia and Ukraine. Borrell's comments come ahead of a G7 summit in Japan, a meeting that will aim to persuade developing countries to align themselves with the G7 in condemning Russia's actions. Borrell added that Europe would need to work hard to gain the trust and respect of developing nations.

Research suggests that Europe’s desire to plough billions of dollars into gas infrastructure banks on a future that may not materialise. Even if energy becomes cheaper, gas consumption is set to fall in Europe, with the fossil fuel infrastructure being seen as unnecessary by 2030 by some. The push towards renewables due to environmental concerns will coincide with a reduction in gas consumption, which could decrease by almost a third in a low price scenario. Politicians have argued that much of the gas infrastructure can be converted for use in the production of green hydrogen produced by renewable power, however, engineers have warned this may not be a cost-effective investment.


https://www.ft.com/content/c87a3208-8816-4144-860a-4a27d6f5baeb

Business schools target executives’ green gaps

Financial Times

23-05-16 04:36


Executive education is helping to update business leaders whose degree programmes paid little attention to environmental, social and governance (ESG) concerns, according to FT. Reframing from the dominant approach of shareholder supremacy, executives across the globe are now taking executive courses to implement their companies' ESG initiatives. "It's very difficult to talk about leadership without talking about sustainability," said Russell Miller, director of learning solutions at Imperial College Business School. NUS Business School's director of the Centre for Governance and Sustainability, Lawrence Loh, added many executives are taking courses to keep pace with ESG changes in the industry.

https://www.ft.com/content/88499a8f-0f90-46fd-8cb0-903966e81a6c
European stocks stumble as rate concerns return

Financial Times

23-05-16 09:20


European stocks fell at the start of trading on 18 May after the European Commission raised its EU-wide consumer price inflation forecast to 6.7% for this year, higher than previous estimates of 6.4%, adding to fears that interest rates will remain high. The eurozone economy is also expected to have stagnated at 1.3% year on year in first quarter 2023, according to Reuters. A host of investor caution will be exacerbated by the release of US retail sales data for April, as emerging markets continue to struggle amid a paradigm shift in global markets.

https://www.ft.com/content/e0702827-c666-454e-95d4-56ba01001166
Marking out the paths to victory

Financial Times

23-05-16 09:19


Although Rishi Sunak's position as the UK's Chancellor of the Exchequer appears secure, after the local elections some politicians believe a change of leadership is necessary to ensure success next year. The Conservative party has three paths to success in the Tory contest: winning among members, as the candidate of the party’s establishment or of its rightwing. Michael Howard in 2003 and is a prime example of taking the overwhelming preference of parliamentary colleagues to avoid the whole messy business of a contest. Despite chatter of Kemi Badenoch and Suella Braverman, as well as James Cleverly, little has been confirmed regarding who plans to take over the Conservative party from Boris Johnson.

https://www.ft.com/content/7d960d23-86ff-4e1f-b707-824262db1fca
Parents at west London public school 'desperate' amid escalating violence in classes

CBC

23-05-16 09:00


Parents from W. Sherwood Fox elementary school in west London have appealed to the Thames Valley District School Board in a letter to express their concern about the high rate of violence at the school. Mainly involving children being subjected to violent and traumatic incidents, the violence is causing some students to become fearful of attending class, according to a report by CBC.ca. Parents have called for specialised professionals who can assess what is occurring at the school and provide counselling and mental health support for affected families.

https://www.cbc.ca/news/canada/london/parents-at-west-london-public-school-desperate-amid-escalating-violence-in-classes-1.6843882
Banks call for scrapping UK share tax to boost City

Reuters

23-05-16 08:33


UK Finance has urged the British government to scrap its tax on purchasing shares, in a bid to boost London as a global financial hub. The call follows concerns that Brexit had cast doubt over the ability of London to attract major company listings. UK Finance CEO David Postings called for an end to the 0.5% stamp duty to boost investment and increase participation, saying that it was time to "reinvigorate the markets here to make them even more attractive and just as dependable and safe."

https://www.reuters.com/world/uk/banks-call-scrapping-uk-share-tax-boost-city-2023-05-16/
Xavier Niel-led group to lift stake in Swiss asset manager GAM

Financial Times

23-05-16 08:18


An investor group, headed by French billionaire Xavier Niel, is to increase its stake in asset manager GAM beyond 10%, jeopardising the sale of the firm to UK competitor Liontrust. GAM reached a deal with Liontrust last month for £96m, however, Niel’s group argued that the takeover unfairly favoured the acquirer and contravened Swiss takeover regulations. GAM was forced to find a buyer following difficulty in the five years following an investments scandal involving risky debt. GAM's shares rose 5% following the recent announcement, however, they have fallen by over 95% since 2018.

https://www.ft.com/content/303d5742-a651-4415-b2a4-fc6289cc9ace
Council of Europe leaders gather to show united face against Russia

RFI

23-05-16 13:06


The Council of Europe (CoE) summit, being held in Reykjavik, Iceland, has considered holding Russia legally responsible for the death and destruction caused by its invasion of Ukraine in February 2022. The summit, only the fourth in the CoE’s 70-year history, has seen the suspension of Russia’s membership as a direct result of the invasion. Attendees have discussed possible measures against Russia, including the creation of a dedicated tribunal to try leaders and commanders in The Hague, and the establishment of a register to record the damage caused by Russia.

https://www.rfi.fr/en/international/20230516-council-of-europe-leaders-gather-to-show-united-face-against-russia