What the other papers say this morning – 23 May 2014 May 22, 2014 FINANCIAL TIMES Corrupt companies face higher fines British companies that bribe foreign officials to win contracts, commit fraud, or launder money, face fines of up to 400 per cent of their illicit profits, under new penalty guidelines. In the most serious cases companies will pay fines comparable with those meted out in the US, where [...]
Help to Buy “already delivering” says David Cameron as second phase sees over 2,000 applications November 11, 2013 Help to Buy is gathering momentum. This morning both RBS and Halifax reported strong uptake of its second phase, which was launched a month ago. 2,384 applications have been put in, totalling £365m of new mortgage lending. On average, households have asked to borrow around £155,000 for houses worth about £163,000. The UK average house [...]
Apple Watch and iPhone 6 launch: Share price, spec, features, UK release date and what the analysts say September 9, 2014 Apple has launched two new iPhones, the iPhone 6 and iPhone 6 Plus, and the Apple Watch smartwatch at a much-hyped launch event in California. Chief executive Tim Cook introduced the iPhones in a short speech calling them Apple's best ever iPhones. The iPhone 6 is 4.7 inches and the iPhone 6 Plus is 5.5 inches [...]
Football Comment: Liverpool being hit hardest by Suarez bite ban June 26, 2014 DEBATE will rage on over whether Luis Suarez’s four-month ban from all football, plus nine international games, is a fitting punishment for his latest biting incident, but amid all the madness the biggest losers from this sorry episode are Liverpool. The Reds have just had a magnificent season and Suarez has been at the heart [...]
What the other papers say this morning – 13 June 2014 June 12, 2014 FINANCIAL TIMES Corporate PC demand boosts Intel Intel has raised its profit guidance for the second quarter on the back of strong demand for business PCs, pushing shares up by more than five per cent in after-hours trading. Demand for the PCs – the market Intel’s chips dominate – is stabilising as companies begin to [...]
Supply shortfall driving London housing market March 17, 2014 EACH property on the London market is chased by 13 buyers, according to shocking new figures that show the strength of demand in the capital. According to estate agents Barnard Marcus, the number of buyers has surged by 25 per cent in the past year, and the number of transactions is up 20 per cent [...]
Boris urges developers to stop offering London homes to foreigners first March 11, 2014 Boris Johnson will urge developers and investors this afternoon to sign up to a new deal to stop giving buyers living abroad the first chance to buy London homes sold before they’re built, in a bid to get more Londoners onto the housing ladder. Speaking at Mipim, the property’s industry annual conference in Cannes, the [...]
The art of theft: Why do thieves steal famous paintings when they’re so hard to sell? October 28, 2014 On a freezing Stockholm evening just before Christmas 2000, a group of six to eight Middle Eastern men put into action a plan they’d been working on for months. The group parked cars in the middle of the three central roads leading to the Swedish National Museum and set them ablaze. As fire engines [...]
Letters to the editor for – 03/09 – UK risk disease, Help to Buy, Best of Twitter September 2, 2013 UK risk disease [Re: Both Left and Right should fear the threat to medical research in the UK, yesterday] London has the capacity to build a world class cluster for biomedical innovation. But John Hulsman highlights a stark example of a risk averse culture in this country – a disease we need to treat if [...]
Letters to the Editor – 04/10 – Business growth, Stamp duty, Best of Twitter October 3, 2013 Business growth [Re: Cameron needs growth gazelles to bring life to his land of opportunity, yesterday] The Prime Minister’s gazelles will find it difficult to leap with elephants in the room. Indeed, our recent research looked in depth at certain features of over 250 companies – around 54 per cent with no serious financial issues and [...]