Consumers don’t trust UK businesses to keep their data safe from cybercrime after TalkTalk, Carphone Warehouse and Ashley Madison hacks November 25, 2015 From TalkTalk to Carphone Warehouse and Ashley Madison, massive hacks have hardly been out of the spotlight this autumn. It now appears that the constant stream of highly-publicised data breaches have begun taking their toll on UK businesses’ reputation with consumers. Three in four Brits no longer believe that organisations and companies will ever be [...]
Autumn Statement 2015: George Osborne’s speech transcript in full including stamp duty, business rates and corporation tax announcements November 25, 2015 Mr Speaker, this Spending Review delivers on the commitment we made to the British people that we would put security first. To protect our economic security, by taking the difficult decisions to live within our means and bring down our debt. To protect our national security, by defending our country’s interests abroad and keeping our [...]
Volkswagen scandal compensation: Australian law firm launches new class action claim on behalf of VW car owners November 19, 2015 An Australian law firm today launched a class action lawsuit on behalf of owners Volkswagen (VW) cars. Maurice Blackburn Lawyers has said that more than 10,000 people have already registered for their class action claim, which will also cover affected Skoda and Audi vehicles and will target the German parent companies, not just the Australian [...]
Investors starting to warm to emerging markets again November 16, 2015 Attitudes towards investing in emerging markets have improved markedly over the last month, according to survey figures published today by one of the UK’s biggest lenders. Lloyds Bank’s investor sentiment index for emerging market shares climbed 8.47 points to a score of 5.32. The score was derived from a survey of 4,500 people. However, sentiment [...]
At the close: FTSE 100 index closes slightly down on miners November 10, 2015 The FTSE 100 fell marginally again today as miners continued to suffer losses. The blue-chip index closed the day 0.32 per cent down at 6,275 points. Tuesday's largest faller was Anglo American, which saw its share price fall 4.54 per cent to 492.22p per share. Glencore also shed 4.15 from its share price to close at 105.15 [...]
Senior Corbyn adviser Andrew Fisher suspended by Labour November 6, 2015 Andrew Fisher, a senior adviser to Jeremy Corbyn, has been suspended from the Labour Party following a stream of controversial tweets. Fisher suggested that the Class War candidate should be backed as leader of the party instead of Corbyn, and has also called Tony Blair a “scumbag” and Jack Straw a “vile git”. His selection [...]
NHS junior doctor salary rise 2015 UK: How does pay compare to other professions? And will health secretary Jeremy Hunt’s offer make much difference? November 4, 2015 Earlier today, health secretary Jeremy Hunt offered an 11 per cent salary increase to junior doctors across the country. If the change is introduced, it will take the starting salaries of 50,000 NHS doctors up from £22,636 to £25,500. But the rise isn't just a random act of generosity towards the medical profession – Hunt [...]
GSK has 40 new medicines in its pipeline, and half of these could be released in the next 10 years November 3, 2015 GSK has revealed it has 40 new drugs in the pipeline, including medicines to treat HIV and respiratory diseases. The British pharmaceutical company, which recently rejected a takeover approach from Pfizer, said during a presentation to investors in New York today that half of these could be released by the end of 2020. Seven are in [...]
EU referendum: Why the Brexit debate is a spark of hope for Europe, German pragmatism and British opposition should combine to prevent incompetent and unaccountable leadership October 28, 2015 The Brussels elite, not to mention the Paris political coterie, is once again expressing weariness at British criticism of the European Union. The diverse objections of the different Eurosceptic groups in Britain, seem to them, to confirm incompatibility of the UK with the EU. If Europe à la carte were at the heart of the [...]
No big deal: Why there’s no need to worry about the failure of a crowdfunded company October 22, 2015 Equity platform Syndicate Room has had its first fail: Soshi Games, which fundraised in January 2014 on the platform and pulled in £285,000 from investors, has now closed down. The first failure on an equity platform – the fair trade soap manufacturer Bubble & Balm, which raised £75,000 in 2011 via Crowdcube, went bust in [...]