Car prices have surged five per cent since the Brexit vote – with large SUVs up 12.3 per cent February 14, 2017 Average new car prices have risen 5.2 per cent since the Brexit vote on 23 June last year, according to industry research. What Car? magazine said the price changes have cost the consumer nearly £2bn in just seven months, after a "perfect storm of rising inflation and the car industry's efforts to increase dealer profitability". [...]
Icap charity day: Here are some pictures of celebrities on the phone December 7, 2016 The, er, goodwill was clearly flowing during Icap's annual charity trading day, in which celebs descended on the company en masse to raise cash for two HIV charities. Bigwigs including newsreader Jon Snow, Prince Harry and even X Factor's Honey G were on hand to raise money for charities Sentebale, the charity which runs camps for [...]
I didn’t cry when my own father died but I will mourn the end of the Resident Evil franchise of terrible films February 2, 2017 There’s a point early on in Resident Evil: The Final Chapter – around the time when Milla Jovovich is riding along a motorway in her zombie-proof battle tank – where the film reaches critical levels of schlock, a sort of self-aware tipping point after which the rest of this mad ordeal makes a strange kind [...]
London IPO market set for £30bn boost, with Logicor, O2, Misys, TI Fluid Systems, BGL Group and Kuwait Energy weighing up flotations March 12, 2017 London is set to benefit from up to £30bn of flotations in the coming months, with Logicor, O2, and Misys among a number of high-profile companies weighing up initial public offerings (IPOs) in the capital. After a rocky end to 2016, when several deals were pulled due to market uncertainty, 2017 saw a subdued start. [...]
Nissan boss fails to commit to the Britain until Brexit details are known throwing firm’s UK future into doubt January 20, 2017 Nissan will only decide the fate of its UK's operations when the terms of Britain's exit from the EU become clear, boss Carlos Ghosn said today at Davos. Last October, Prime Minister Theresa May sparked controversy by providing a "letter of comfort" to Nissan saying that the UK's Brexit strategy would not harm the carmakers export competitiveness. While [...]
London houses now cost 14 times average earnings November 25, 2016 The house price to earnings ratio in London is now over 14 times. According to figures from Hometrack, the widening gap between supply and demand in the capital has pushed house prices up by 86 per cent since 2009. Read more: People are pretty confident house prices rose this month This means the ratio between [...]
Danish drug giant Novo Nordisk just invested $145m in Oxford University to find a cure for diabetes January 30, 2017 One the world’s biggest diabetes drug companies has defied Brexit doom and gloom to invest £115m in a new research centre at Oxford University. Danish giant Novo Nordisk said it hopes the investment will help the university look for new ways to treat type 2 diabetes. The funding will be spread over the course of [...]
OnePlus 3 review: This Chinese-made phone is one of the best non-exploding Android handset on the market October 12, 2016 If you can keep your head, wrote Mister Kipling, while all around you phones are literally catching fire and exploding, then you can pretty much claim the Android throne unimpeded, my son. The new OnePlus 3 is, for its price (and for prices a great deal higher too), one of the best non-exploding Android phones [...]
Former Barclays boss Antony Jenkins launches fintech business October 31, 2016 Former Barclays boss Antony Jenkins has launched his new fintech business, 10x Future Technologies, which he thinks will "transform how banks operate". The platform will provide banks “with a new core digital banking platform” that Jenkins said would allow them to unify their range of complex data systems. Jenkins said 10x Future Technologies will give [...]
Business secretary backs City as a “huge national asset”, and hopes there won’t be fewer bankers as a result of Brexit January 23, 2017 The business secretary has today given his backing to the City of London, calling the financial sector a "huge national asset". His comments come just days after bosses from UBS and HSBC warned they could move thousands of jobs overseas because of the Brexit vote and, in particular, the risk they might lose valuable access rights to [...]