Sir Mervyn King has gone phishing: LinkedIn email scam asks journalist for help with money transfer February 4, 2015 When City workers hang up our ties for a well-deserved retirement some of us might choose to go fishing. Former Bank of England chief Sir Mervyn King – now Baron of Lothbury – seems to have got his wires crossed and appears to be embarking on a new career as a phishing scammer. [...]
Hargreaves Lansdown share price drops as profits fall February 4, 2015 Hargreaves Lansdown's share price has fallen more than 5.8 per cent after profits fell two per cent in the second half of last year. Revenues rose 24 per cent to £197.2m, but commission and bonus payments soared 228 per cent, while other operating costs were up 10 per cent, eating into the company's bottom line. [...]
TransAsia GE235 crash: Video captures dramatic moment plane clips bridge and lands in Keelung River, officials confirm death toll at 23 February 4, 2015 Taipei fire department has confirmed that 23 people have died in the Taiwanese TransAsia GE235 crash that took place last night, with emergency services still attempting to rescue passengers trapped on board. Local media reports that city officials confirmed the death toll, and that a further 20 people are still missing. The plane [...]
Apple overtakes Android in US smartphone sector for first time in three years February 4, 2015 Apple is on a roll. After posting record profits that put it in the history books and following that up with an all-time high share price, you might be thinking so what. But much of Apple's success in the three months to December 27 came from China, where revenues grew 70 per cent, [...]
Female representation: FTSE 100 companies edge towards 25 pc target – but some fall behind February 4, 2015 The UK's biggest companies are making progress when it comes to having a greater number of women on their boards. Or at least, some of them are. Old Mutual was today named the FTSE 100 company that made the most progress in having female board representation in the last four years. The investment firm increased [...]
Train companies told to stop treating commuters like “criminals” February 3, 2015 Train groups have been called upon to stop treating passengers like “criminals” as they attempt to catch fare dodgers. The industry has been accused of treating commuters as guilty until proven innocent, using harsh penalties beyond reasonable need. Campaigning group Passenger Focus said today it was calling on operators to “play fair” with passengers [...]
London’s population explosion mapped: Which borough will grow the most by 2039? February 3, 2015 So London is now home to more than 8.6m people – the most to reside in the capital yet, having edged above the previous record set back in 1939. City Hall is predicting that London's population is now set for a period of solid growth, reaching 11m by 2050. But where will they be living? [...]
Warren Buffett and Charlie Munger plan special Berkshire Hathaway letters to celebrate golden anniversary February 3, 2015 He may have admitted to getting it wrong as far as Tesco is concerned, but Warren Buffett still holds legendary status as the most successful investor of the 20th century. His annual letter to investors is always an event and this year will be even bigger than usual as Buffett and his business partner [...]
KPMG and chief operating officer fined over ethical standards breach February 3, 2015 KPMG and its chief operating officer James Marsh have been fined by the Financial Reporting Council for breaching ethical standards The auditing firm and its executive were taken to tribunal over Marsh's failure to sell shares in Cable and Wireless Worldwide when he became a partner of KPMG in 2011. The telecoms giant, [...]
More London bus strikes scheduled over driver pay disparity – here are the companies taking part and routes affected February 3, 2015 More bus strikes are scheduled to take place over the next fortnight, as unions fight against pay discrepancies across operators. The first is scheduled for February 5 and will run from around 4am Thursday morning until early Friday morning. Buses should operate as normal on Friday by the morning rush hour. A second 24 hour [...]