From anti-austerity protests to remote-controlled cars: Here’s what got us talking this week
There was plenty of Greek drama. RBS had to call in the boys from the IT Crowd. And some guy got a new job talking about cars.
Here's what got us talking this week
1) There's going to be a huge protest in London today
There will be tens of thousands of people – some coached in from around the country – taking part in an anti-austerity demo in the City today. It's going to cause huge disruption to parts of London – and although organisers are hoping to keep things peaceful, a far-left group is sounding a bit more feisty.
2) We spend a lot of time twiddling our thumbs
We love procrastinating. So much so, that we spend 24 days a year putting things off. Although most people prefer watching TV to getting things done, we can't help thinking some of that time is spent watching cat videos. And why not, when it's apparently so good for your health. If you're not a cat person, you'll simply have to up your gherkin intake instead.
3) Scientists know even more about you
Your phone is giving away more information than you might think. Scientists at MIT say they are able to tell when you've lost your job by analysing your phone usage. It may sound creepy, but it could in fact provide an early indicator of economic trends in real-time.
4) Retailers got punchy
The supermarket sector has got to stay on its toes to keep growing in this climate, and it came out with some crackers this week. Waitrose has launched an innovative approach to discounting, allowing customers to PYOO (pick your own offer). Meanwhile, Bargain Booze started playing Aldi at its own game. And the Co-op made the humble cucumber a central part of its price-slashing strategy.
5) The world's first remote controlled car was unveiled
Leisurely reads
We went hunting for unicorns at London Technology Week. This article explores the economics of the billion-dollar-business and how there are more and more disruptive firms out there who are joining the exclusive club.
China's equity markets have rocketed – but in this article we explore whether this is a bubble waiting to burst or the market unleashing its true potential?
The gloves came off between two of Labour's mayoral hopefuls over airport expansion. First Sadiq Khan came out in favour of Gatwick – a move that David Lammy blasted as playing party politics with Zac Goldsmith.
Chart of the Week
https://cityam.go-vip.net/218377/aim-charts-look-back-market-over-last-20-years?ITO=data-in-focus
Great reads from elsewhere
Starbucks is the chain everyone loves to hate, so when its a recent race relations campaign blew up in its face it was big news. This is in the inside story of why Race Together went so wrong.
When was the last time you read all the terms and conditions for a service you used? Have you ever read the terms and conditions? Probably not. This guy tried and what he found might surprise you.
If you spent the week under a rock or in a cave, you might not have heard that the new instalment in the 50 Shades of Grey series is out. You might not like it (or you might have an insatiable appetite for it. We're not judging. Honest) but you can't deny it's a publishing phenomenon and a half.