Uber’s financials just leaked – here’s how much it lost December 20, 2016 Uber's losses clocked in at $800m in the third quarter of the year, according to leaked documents. It brings total losses to more than $2.2bn for the first nine months of the year, while revenues for the startup are expected to come in at $5.5bn for the year, according to the figures first reported by The Information, indicating [...]
London Technology Week: The hunt for London’s unicorn tech startups June 15, 2015 There's no doubting the impressive numbers rolling out of London Tech Week. There’s also no lack of people willing to shout about these impressive feats, whether it be entrepreneurs, investors, economists, or the mayor himself. More than a dozen of London’s tech types today gathered near the summit of the Shard to kick off London [...]
Where do Londoners spend the largest share of their income on rent? New analysis from Labour mayoral candidate Sadiq Khan shows average rent now costs 62 per cent of average Londoner’s income January 12, 2016 The average London rent now eats up nearly two-thirds of an average Londoner's income, according to new research published today by Labour mayoral candidate Sadiq Khan. Khan's campaign team crunched numbers from the House of Commons Library to find that the average London rent now consumes 62 per cent of the average Londoner's pre-tax income, compared to [...]
Fuel success: The tricks that will make you faster at work March 23, 2016 Entrepreneurs and business leaders alike seem to have developed an obsession with boosting their own productivity. From apps to manage our time to installing sleeping pods in offices, we’re all concerned about how to get as much done as possible. This idea of “hacking” productivity, to discover new shortcuts to maximise efficiency, can apply to [...]
Prepare to salivate: John Lewis predicts the 10 things we’re going to go nuts for in autumn/winter 2016 April 22, 2016 Yes, the summer has only just arrived (or has it? Is this really it?) but retailers are already one step ahead of us, forecasting what we'll be buying this autumn/winter. Well it is only 246 days until Christmas. So while you might be daydreaming about which holiday clothes you're going to splurge on, the buyers [...]
The Rosebery founder Simon Davis on scrapheaps, sewing, MOTs and Angelina Jolie September 20, 2015 Did you know that Jeff Bezos used to photograph everyone he met so he wouldn't forget who they were? Neither did I, but when Simon Davis interviewed him, Amazon was still a startup – and it's just one of several gems Davis, founder of the London Restaurant Festival (LRF), The Rosebery and former journalist, wheels [...]
George Osborne is playing a dangerous game with the new Help to Buy London February 1, 2016 George Osborne is playing a dangerous game with the new Help to Buy London Back during the Autumn Statement, George Osborne announced with great pleasure that he would be introducing a London-specific Help to Buy scheme. The government are going to give a hand to struggling homeowners, to get on the first rung of a [...]
Labour’s performance in polls since the General Election is its worst since the late 1940s, according to analysis of polls January 19, 2016 Labour's performance in the polls since the General Election has been its worst since the 1940s, according to an analysis of the polls. An ICM poll’s findings were crunched by the Press Association, revealing that the stewardship of Jeremy Corbyn has done nothing to revive Labour in the intervening months, with the party trailing the Tories [...]
New Holland Park restaurant Six Portland Road serves black-pudding to die for May 10, 2016 Remember Neil Webb? He was a roving midfielder who played for Manchester United and England, but in my mind he’ll always be synonymous with the generation of footballers who retired just before the unfathomable riches of the Premier League rolled in. Unlike today’s players, these guys had to carve out new careers in their mid-30s, [...]
Budget 2016: Chancellor George Osborne has broken two of his three golden fiscal rules. Here’s what economists are saying… March 16, 2016 Keen to depict himself as a safe pair of hands, George Osborne introduced three golden fiscal rules after last year's general election. Unfortunately for the chancellor, he has already broken two of them, while the third is hanging by a thread. Rule 1 concerned the welfare cap, which Osborne breached towards the end of last year following an abrupt U-turn [...]