How to get your children on the property ladder: Five of the best options for the Bank of Mum and Dad July 14, 2016 Buying a first home used to signal the start of a new era of independence, a turning point into adulthood. But the astronomical rise in London prices has put paid to that. Home ownership is at its lowest level for 25 years. Not only are people buying their first home later – the average age has [...]
From Barclays to UBS and Lloyds: Here’s how much City banking interns earn March 4, 2016 If you’re planning to give up your university summer break, you may want to make sure you’re being adequately reimbursed – especially if you’re working long hours in one of London’s biggest banks. But asking about pay in an interview can be awkward, so where do you turn? Careers website Glassdoor.com has all the information you need [...]
London 2012 Olympics Aquatics Centre architect Dame Zaha Hadid dies aged 65 March 31, 2016 One of the UK's leading architects, Dame Zaha Hadid, has died aged 65. Today Zaha Hadid Architects said Hadid, who is best known for work including the London 2012 Aquatics Centre and the Serpentine Sackler Gallery, died suddenly while being treated in hospital in Miami in the early hours of the morning, after contracting bronchitis earlier this [...]
Seafaring Britain’s future prosperity depends on international cooperation April 18, 2016 Having been born in Sweden, with a Norwegian grandmother, and after visiting Finland countless times on business, my current trip to these Nordic nations almost feels like a homecoming. Many of the topics to be discussed during this week-long trip are equally familiar. The growing global maritime industry will be one of them, and, as [...]
Londoners are being failed by the rail regulator over train delays, says commuter group London TravelWatch March 18, 2016 The government has been urged to create a new system that would give commuters automatic compensation if their train is delayed by 15 minutes or more. Passenger group London TravelWatch has branded new measures for tackling train delays a "disappointment", and urged for a more decisive approach – which would include auto-payments for late trains. Regulator Office [...]
Profits at UK firms are at their lowest level since before the financial crisis May 16, 2016 Profits at the UK’s largest companies slumped to their lowest level in a decade in 2015, with turmoil in the banking and commodities industries weighing heavily on corporate performance. New analysis from the Share Centre, released today, shows that the FTSE 350 – the UK’s largest 350 listed companies – posted combined pre-tax profits of £84bn last [...]
Coca-Cola chief executive tops international black, Asian, and minority ethnic executive power list May 26, 2016 The boss of The Coca-Cola Company, Muhtar Kent, has topped a list of Black, Asian and minority ethnic (BAME) bosses from around the US, UK and Ireland. The ranking, put together by executive search firm Audeliss, placed Manjit Wolstenholme, chair of Provident Financial second and Albert Cheng, chief operations officer at Amazon Studios in third. Its release follows a similar one from the House of Lords [...]
Focus on Notting Hill property: Prices may have fallen, but is it all down to stamp duty reform? May 19, 2016 Notting Hill hasn’t been having the best of weeks, if truth be told. On Tuesday, a report from estate agent Stirling Ackroyd revealed that average house prices had fallen in several prime central London locations. In W11, they’ve gone down by 10 per cent from the first quarter of 2015 to the first quarter of [...]
Google’s Android Pay is coming to the UK, letting you pay with mobile on the Tube and across the high street, including Pret, Starbucks, Waitrose and more March 23, 2016 Users of Android will soon be able to use their smartphone to pay for items and even travel to work, as Google prepares to launch Android Pay in the UK following hot on the heels of Apple Pay. Google said it will roll out "in the coming months" with the backing of Britain's biggest banks, but did not [...]
Challenger banks will take “years” to make money June 8, 2016 Ambitious digital challenger banks hoping to topple the big high street players will take "years" to make money according to one of the founders of a mobile bank with ambitions to do just that. Entrepreneur Tom Blomfield, founder and chief executive of the yet to launch digital bank Mondo which recently became the fastest ever crowdfunded business, told City [...]