More and more pets are taking to the skies to join us abroad, but what happens to our four-legged friends when they fly? January 25, 2018 Air travel, it’s easy to forget, is arcane magic. We strap ourselves into big metal tubes to be voluntarily catapulted thousands of feet into the sky, a place where there’s free sour cream and onion flavoured pretzels and tiny bottles of vodka, and where we’re furious when the wifi doesn’t work. It is only the [...]
Pound sterling rises to yet another post-Brexit vote high against the dollar (GBPUSD) January 25, 2018 The pound briefly nosed above $1.43 in early trading, a post-Brexit vote high, as the euro held a three-year high against the dollar ahead of the European Central Bank’s (ECB) first meeting of 2018. The pound rose as high as $1.4326 in morning trading, while the euro breezed to $1.2458, having risen to its highest [...]
Davos: Theresa May takes aim at bitcoin and “appalling” Presidents Club behaviour January 25, 2018 Theresa May has said Britain and governments around the world should be looking “very seriously” at the implications of bitcoin. During an interview with Bloomberg, the Prime Minister said the cryptocurrency, which has plunged in value in recent weeks, should be monitored over fears it could be being used by criminals. Later today, May will [...]
Brexit didn’t break the UK in 2017 January 25, 2018 | City Talk When the UK voted to leave the EU in June 2016, many experts forecasted economic doom—if not immediately, then in the not-too-distant future. Some sentiment-related, short-term volatility followed, but the UK didn’t fall into recession following the referendum. Similar projections arose going into 2017, but those fell flat, too. Through all the noise and warnings [...]
As the Pound surges on renewed confidence, is the glass half empty or half full? January 25, 2018 | City Talk Wednesday saw sterling stage a surge against the Dollar that was less of a bull run than an all out charge. The Pound began the day at the psychologically important $1.40 mark and then proceeded to smash past $1.42, easily its highest level since the 2016 Brexit referendum. True, the UK posted some strong jobs [...]
Easyjet has named WeTrip, Car and Away and FlightSayer as the travel startups it is backing for a Founders Factory accelerator programme January 25, 2018 Easyjet has announced the latest budding startups chosen to take part in its travel tech accelerator programme, with WeTrip, Car and Away and FlightSayer its picks. Back in October 2016, Easyjet announced a strategic investment into accelerator and incubator Founders Factory. As part of the partnership, EasyJet and Founders Factory will support the growth of [...]
Fuller, Smith and Turner posts “solid” numbers as consumers pick premium pubs January 25, 2018 London brewery and upmarket pub group Fuller, Smith and Turner delivered a “solid performance” in an update this morning. In the 42 weeks to 20 January, like-for-like sales across managed pubs and hotels grew three per cent, while profits from tenanted inns were up two per cent. Beer and cider volumes were flat. Read more: [...]
Satellites will begin searching for lithium in Cornwall amid growing demand for batteries January 25, 2018 Satellites will soon be scanning the west country for mineral deposits as the hunt for lithium steps up a gear. After securing £850,000 of funding from the government agency Innovate UK, Satellite Applications Catapult is leading a study together with miner Cornish Lithium to discover whether the mineral, which is a critical component of batteries, [...]
Brent crude oil price hits $71 a barrel for the first time since 2014 January 25, 2018 The price of Brent crude oil broke the $71 per barrel level today for the first time since 2014 after US crude inventories fell for the 10th week in a row and the US dollar weakened. Brent crude, the international benchmark, was trading up 0.47 per cent at $70.86 a barrel at the time of [...]
Applying for finance: The five common mistakes made by startups January 25, 2018 When you decide to apply for a loan to kick-start your firm’s growth, it’s a daunting task as much as it is an exciting one. Essentially, you’re putting your business out there and opening it up to potential scrutiny. This means you have to find a balance between making your business an attractive proposition, while [...]