New homes: The new properties going on sale this weekend in White City, Upton Park, Putney, Chelsea and St James February 24, 2017 Television Centre, White City From £750,000 New homes are going on sale tomorrow at the iconic former home of the BBC in west London. One to three bedroom apartments will go on the market, all with balconies overlooking Hammersmith Park’s Japanese ornamental garden, which was created in 1910 as part of the Japan-Britain exhibition. They [...]
Digital challenger bank Monzo’s just raised millions more and plans fresh crowdfunding February 23, 2017 Digital challenger bank Monzo has landed a new multimillion pound round of funding from fresh investors valuing it at £65m. The startup, which is seeking to disrupt traditional banking with online-only services, will combine the investment with a fresh round of crowdfunding following huge demand from private investors last year, totaling £22m. The round was [...]
Amazon, Confused.com and Just Eat help TV advertising market grow February 23, 2017 Online companies like Amazon, Just Eat and Moneysupermarket are spending more and more on TV advertising. In total, TV adspend crept up 0.2 per cent in 2016 to £5.3bn, the seventh successive year of growth. Read more: News Corp posts second loss in a row amid print advertising headwinds A Thinkbox analysis of Nielsen figures shows [...]
Step inside: Visa opens doors to its biggest ever innovation centre in London February 21, 2017 Visa has launched a fresh bid to boost its reputation for innovation with the launch of a new centre in London to "build the future of payments" – from banking via voice assistant to shopping in virtual reality. The 1,000 sq ft centre at its headquarters in Paddington will foster collaboration between Visa and its clients, partners and [...]
The end of road rage? Your car will soon be able to tell what mood you’re in – then play your favourite music to cheer you up February 21, 2017 Could this be the end of road rage as we know it? Ford might just have a solution in the works as it expects the cars of tomorrow to be able to pick up on minute changes in our facial expression and inflections in our speaking voice. So advanced systems, equipped with microphones and in-car cameras, could [...]
WATCH: The world’s first actual real hoverbike has been tested in a warehouse and it’s insane February 21, 2017 Admit it: you've been waiting for this. A San Francisco-based company has said it's tested out the first-ever fully-manned hoverbike – and it has the footage to prove it. Hoversurf, which has experimented with technology including a hover-taxi and a drone-powered jetpack, said its Scorpion single-seat aircraft can be flown "with the same simplicity as riding [...]
Drones will transform our cities – and we’re totally unprepared for the consequences February 21, 2017 Drones are everywhere – whether that’s delivering Domino’s pizzas in New Zealand or dancing behind Lady Gaga at the US Super Bowl. With the news that Amazon’s new drone delivery plan includes “package parachutes”, considering how drones will impact our cities in the future is an issue that London must address now. No longer limited [...]
Amazon creates thousands of new jobs in another win for post-Brexit UK and Expedia expands London office February 20, 2017 Amazon is the latest US tech giant to commit to the UK after the vote for Brexit, promising to create thousands of new jobs by the end of the year. Some 5,000 full-time jobs will be created across Amazon's business in the UK, bringing total headcount to 24,000 by the end of 2017. The plans include jobs [...]
The business rates backlash continues… this time Sainsbury’s speaks out February 19, 2017 Sainsbury's is the latest company to raise its voice amid growing concern over the impending rise in business rates which will see thousands of businesses with a bigger bill. The supermarket's chief executive Mike Coupe slammed the levy as "archaic" and called for reforms to "level the playing field with firms such as Amazon which [...]
BT and Inmarsat shatter returns at hedge fund Lansdowne February 17, 2017 One of London's oldest and most highly-respected hedge funds was hit by the poor performance of shares in BT and Inmarsat in January, according to reports. Lansdowne Partners said the shocking performance of BT in the wake of a profit warning and a £530m accounting black hole in its Italian division, together with the floundering of [...]