2017 was a record year for green energy in the UK: Here’s 13 broken by wind, solar, carbon and hydro December 28, 2017 You might be feeling a bit blue about returning to work, but the year is closing on more of a green note. It was a record year for powering the country using renewables in the UK, National Grid has revealed, making 2017 the “greenest year ever”. Read more: Europe’s rudest-sounding energy company is being renamed [...]
Brent Crude and WTI Oil prices surge on strong China data December 28, 2017 Oil prices have surged to near mid-2015 highs, with Brent crude and WTI trading at levels they haven’t reached in more than two years. Global benchmark Brent crude rose to $66.68 per barrel in early trading, while its US counterpart is inching closer to the $60 mark, trading at $59.82. Traders put the higher prices [...]
Revealed: Royal Mail special stamps to be released in 2018 December 27, 2017 If you're thinking of jazzing up your stamp collection in the new year, good news: Royal Mail has unveiled the calendar for its 2018 Special Stamp programme, which will include tributes to a beloved comedy series, one of the UK's most iconic palaces, and the military. The RAF Centenary, which celebrates the oldest independent air [...]
Millennials think their pay will go up in 2018 , according to a Lloyds Bank report December 27, 2017 Consumers are feeling more pessimistic about the UK economy than they were at the end of last year, according to a new survey from Lloyds Bank. However, the Lloyds Bank Spending Power Report also shows that millennials are feeling more positive about their own finances. Among a group of18-24 year olds asked about their own [...]
The FTSE in 2017: Five charts that tell the story December 27, 2017 | City Talk The FTSE 100, 250 and All-Share indices made strong gains in 2017. A record year for dividend payments and ongoing loose monetary policy from the Bank of England helped each index hit a record high in 2017. By the close on 13 December 2017 the FTSE 100 was up 5%. But it was outperformed by [...]
London Stansted airport suspends flights due to heavy snow causing chaos across the UK as Met Office warns there’s a possiblity of flooding December 27, 2017 Heavy snow is causing transport difficulties across the UK, after the Met Office issued a series of weather warnings. The poor weather conditions led London Stansted to close one of its runways and suspend flights. The runway has since reopened, but the closure has led to ongoing delays and cancellations. The airport has advised passengers [...]
The 10 most in demand jobs in 2018, according to a recruiter December 27, 2017 New year, new job? If your eyeing up a new gig for 2018, you're not alone. More than half (55 per cent) of the UK workforce are doing just that, research from recruiter Hays reveals. And the good news is that an even greater proportion doing the hiring (71 per cent) are on the look [...]
Amazon’s Jeff Bezos and Facebook’s Mark Zuckerberg help boost world’s wealthiest by $1 trillion, Bloomberg billionaires index finds December 27, 2017 The world’s wealthiest people added a collective $1 trillion to their riches in 2017, with Amazon mogul Jeff Bezos making the greatest gains off the back of a standout year for the technology and retail giant. And the rich are getting richer, gaining four times more than they did in 2016, according to Bloomberg’s Billionaires [...]
Zero wage growth predicted for 2018 by Resolution Foundation December 27, 2017 There’s bad news for the year ahead when it comes to work – you’re probably not going to be earning more. New research forecasts that wage growth across the UK will come in at zero for 2018. Read more: Wage growth stayed flat in September as unemployment fell again In real terms, taking into account [...]
IWG share price rockets as FTSE 250 office group confirms takeover bid from Onex and Brookfield December 27, 2017 International Work Group (IWG), the biggest serviced offices group in the world, has confirmed a takeover approach from private equity firms. The FTSE 250 form which operates under the Regus brand said an approach has been made by Canada’s Onex and Brookfield Asset Management. Under takeover rules, the pair have until 20 January to make [...]